Economy

FILE - In this Oct. 14, 2009 file photo an employee of MAN Turbo company works on compressors and turbines at the factory in Oberhausen, western Germany. A German machine engeneering association says that orders for German machinery, an important export, plummeted in August adding to signs of a recession in Europe’s biggest economy. (AP Photo/Martin Meissner, file)
October 04, 2019 - 5:26 am
BERLIN (AP) — An industry association says orders for German machinery, an important export, plummeted in August, adding to signs of a recession in Europe’s biggest economy. The VDMA group said Friday that orders were down 17% compared with a year earlier, with demand from abroad dropping 19% and...
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FILE - In this Aug. 23, 2019, file photo pedestrians pass the New York Stock Exchange in New York. The U.S. stock market opens at 9:30 a.m. EDT on Thursday, Oct. 3. (AP Photo/Frank Franklin II, File)
October 03, 2019 - 4:48 pm
Technology and health care companies helped U.S. stocks rebound broadly from an early sell-off Thursday, snapping the market’s steep two-day skid. The Dow Jones Industrial Average swung from a loss of more than 330 points to a gain of more than 120 after another disappointing economic report raised...
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People wait near the front of a line hundreds of people long for government distributed food and school supplies to some residents of the Cite Soleil slum, in Port-au-Prince, Haiti, Thursday, Oct. 3, 2019. The administration of President Jovenel Moise tried to alleviate Haiti’s economic crunch on Thursday by distributing plates of rice and beans, sacks of rice, and school backpacks filled with four notebooks and two pens. (AP Photo/Rebecca Blackwell)
October 03, 2019 - 4:25 pm
PORT-AU-PRINCE, Haiti (AP) — Marcel Cineus scanned the crowd for hints of a potential customer as people bustled past his wooden stall filled with hundreds of textbooks in the hills of Port-au-Prince. School was supposed to start in early September, and Cineus by now would have sold a couple...
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Nigerian President Muhammadu Buhari, left, and South Africa's President, Cyril Ramaphosa, shake hands as they meet after a welcoming ceremony in Pretoria, South Africa Thursday, Oct. 3, 2019. Buhari is visiting South Africa after a wave of attacks on foreigners angered many African countries and led to an extraordinary airlift to take hundreds of Nigerians home. (AP Photo/Themba Hadebe)
October 03, 2019 - 2:37 pm
PRETORIA, South Africa (AP) — South Africa’s president on Thursday said “early warning mechanisms” will be put in place to avoid the kind of deadly attacks on foreigners that angered many African countries and led to an extraordinary airlift of Nigerians, while Nigeria’s visiting leader again...
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A man walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Thursday, Oct. 3, 2019. Asian stocks fell for a fourth day Thursday as weaker U.S. manufacturing and hiring data fueled jitters about the global economy. (AP Photo/Eugene Hoshiko)
October 03, 2019 - 8:29 am
BEIJING (AP) — World shares were mixed Thursday as lackluster economic data and ongoing battles over trade continue to feed worries about the global economy. London and Tokyo retreated while Paris opened higher and Hong Kong advanced. German and Chinese markets were closed for holidays. Investors...
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Protestors calling for the resignation of Haitian President Jovenel Moise march toward the National Palace before being stopped by police in Port-au-Prince, Haiti, Tuesday, Oct. 1, 2019. While there were sporadic demonstrations on Tuesday, another protest scheduled for Wednesday threatened to once again paralyze Haiti's capital and nearby communities, which have endured violent demonstrations for nearly a month as anger grows over corruption, spiraling inflation and dwindling supplies of food and gasoline. (AP Photo/Rebecca Blackwell)
October 02, 2019 - 9:48 am
PORT-AU-PRINCE, Haiti (AP) — The operation dubbed "Find Jovenel Moïse" organized by opposition leaders demanding the resignation of Haiti's president ended abruptly when he appeared at the National Palace early this week following violent protests in which several people were killed. Haitians had...
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European Commissioner for Trade Cecilia Malmstrom speaks during a media conference after an informal lunch of EU trade ministers at the Europa building in Brussels, Tuesday, Oct. 1, 2019. The World Trade Organization ruled in May that Europe illegally subsidized Airbus, hurting U.S. competitor Boeing. The WTO is set shortly to allow President Donald Trump to slap tariffs worth billions of euros on European products, including wine, cheese and olives, in response. (AP Photo/Virginia Mayo)
October 02, 2019 - 7:29 am
BRUSSELS (AP) — The European Union is appealing to U.S. President Donald Trump to avoid any tit-for-tat tariff war as world trade's governing body prepares to issue a ruling that could allow him to impose billions in duties on EU produce. The World Trade Organization ruled in May that Europe...
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FILE - In this Dec. 5, 2018, file photo, residents pass by the entrance to the "Hotan City apparel employment training base" where Hetian Taida Apparel Co. has a factory in Hotan in western China's Xinjiang region. The Trump administration on Tuesday, Oct. 1, 2019, announced it is stopping imports of clothing, gold, diamonds and other items believed to have been produced with forced labor by companies based in Brazil, China and Malaysia as well as some gold mined in eastern Congo and diamonds from a region in Zimbabwe. Hetian Taida Apparel Co., Ltd. in Xinjiang, is one of the companies sanctioned. (AP Photo/Ng Han Guan, File)
October 02, 2019 - 4:36 am
WASHINGTON (AP) — The Trump administration on Tuesday announced it is holding imports of clothing, gold, diamonds and other items believed to have been produced with forced labor by companies based in Brazil, China and Malaysia as well as some gold mined in eastern Congo and diamonds from a region...
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A man looks at an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Wednesday, Oct. 2, 2019. Asian shares are lower after U.S. stocks posted their worst loss in five weeks on Wednesday after a surprisingly limp report on the nation’s manufacturing that stirred worries about the economic outlook.(AP Photo/Eugene Hoshiko)
October 02, 2019 - 4:30 am
BANGKOK (AP) — Shares fell in Europe and Asia on Wednesday after a disappointing update on American manufacturing pulled U.S. stocks sharply lower. Germany's DAX declined 1.1% to 12,132.11 while the CAC 40 in Paris shed 1.2% to 5,528.67 and Britain's FTSE 100 sank 1.3% to 7,263.95. New York looked...
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October 02, 2019 - 4:04 am
BERLIN (AP) — A group of leading think-tanks is joining the government and others in cutting its growth outlook for the German economy, predicting that output will expand by only 0.5% this year and 1.1% in 2020. The economic institutes' forecast Wednesday was down from their prediction in spring...
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