Economy

An investor walks in front of private stock trading boards at a private stock market gallery in Kuala Lumpur, Malaysia, Friday, Nov. 9, 2018. Asian stock markets fell Friday after a post-election Wall Street rally faded amid expectations of U.S. interest rate hikes despite the Federal Reserve's decision to hold off this week. (AP Photo/Yam G-Jun)
November 09, 2018 - 4:54 am
BEIJING (AP) — Global stock markets fell Friday after a post-election Wall Street rally faded and the U.S. Federal Reserve suggested it will keep raising interest rates. KEEPING SCORE: In early trading, Germany's DAX lost 0.6 percent to 11,450.04 and France's CAC 40 lost 0.6 percent to 5,097.99...
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In this Oct. 31, 2018, photo, a staff members walks past a semi truck loaded with new vehicles in the parking lot for a local automaker in Qingdao in eastern China's Shandong province. China's auto sales sank for a fourth month in October, tumbling 13 percent from a year earlier and adding to an unexpectedly painful downturn for global automakers in their biggest market. (Chinatopix via AP)
November 09, 2018 - 4:36 am
BEIJING (AP) — China's auto sales sank for a fourth month in October as an unexpectedly painful slump in the global industry's biggest market deepened. Purchases of SUVs, sedans and minivans contracted 13 percent from a year earlier to just over 2 million units, the China Association of Auto...
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FILE - In this Thursday, Oct. 18, 2018, file photo, U.S. Defense Secretary Jim Mattis, left, meets Chinese Defense Minister Wei Fenghe in Singapore. Mattis and Secretary of State Mike Pompeo will meet Friday, Nov. 9 with their counterparts Fenghe and Yang Jiechi at the State Department. (AP Photo/Robert Burns, File)
November 09, 2018 - 1:23 am
WASHINGTON (AP) — The U.S. and China's top diplomats and defense chiefs meet in Washington Friday for security talks, hoping to tamp down tensions between the two world powers. Secretary of State Mike Pompeo and Defense Secretary Jim Mattis will meet with their counterparts Yang Jiechi (YAHNG jee-...
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FILE - In this Tuesday, April 10, 2018, file photo, a high school principal displays vaping devices that were confiscated from students in such places as restrooms or hallways at the school in Massachusetts. The Food and Drug Administration is planning on requiring strict limits on the sale of most flavored e-cigarettes, including age verification controls for online sales, in an effort to curtail their use among children and teenagers. FDA officials tell The Wall Street Journal on Thursday, Nov. 8, the actions are expected to be announced as early as the following week. (AP Photo/Steven Senne, File)
November 08, 2018 - 11:17 pm
NEW YORK (AP) — The U.S. Food and Drug Administration plans to require strict limits on the sale of most flavored e-cigarettes, including age verification controls for online sales, in an effort to curtail their use among children and teenagers. FDA officials told The Wall Street Journal on...
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Traders Eric Schumacher, left, and Richard Deviccaro work on the floor of the New York Stock Exchange, Thursday, Nov. 8, 2018. Stocks are opening modestly lower on Wall Street as the market gives back some of its big gains from the day before. (AP Photo/Richard Drew)
November 08, 2018 - 10:35 pm
BEIJING (AP) — Asian stock markets fell Friday after a post-election Wall Street rally faded amid expectations of U.S. interest rate hikes despite the Federal Reserve's decision to hold off this week. KEEPING SCORE: The Shanghai Composite Index lost 0.8 percent to 2,614.37 and Tokyo's Nikkei 225...
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FILE- In this Oct. 31, 2018, file photo Federal Reserve Chair Jerome Powell, left, and Randal Quarles, vice chair for supervision, gather their things at the end of a Federal Reserve Board meeting at the Marriner S. Eccles Federal Reserve Board Building in Washington. On Thursday, Nov. 8, the Federal Reserve releases its latest monetary policy statement after a two-day meeting. (AP Photo/Jacquelyn Martin, File)
November 08, 2018 - 2:01 pm
WASHINGTON (AP) — The Federal Reserve is leaving its key policy rate unchanged but signaling that it plans to keep responding to the strong U.S. economy with further rate hikes. The next Fed rate hike is expected in December. The Fed left its benchmark rate in a range of 2 percent to 2.25 percent...
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FILE - In this April 12, 2018, file photo, House Ways and Means Committee Ranking Member Rep. Richard Neal, D-Mass., speaks during a hearing on Capitol Hill in Washington. With the Democrats gaining control of the House in the Tuesday, Nov. 6, election, Neal is poised to become chairman of the committee. He said Wednesday that the powerful committee would likely ask for President Donald Trump's tax returns. (AP Photo/Jose Luis Magana, File)
November 08, 2018 - 2:00 pm
SPRINGFIELD, Mass. (AP) — The Democratic lawmaker poised to lead the powerful tax-writing committee in the U.S. House said he would consider President Donald Trump's proposal for a middle-income tax cut, but only if there are adjustments on tax rates for top income earners. U.S. Rep. Richard Neal,...
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European Commissioner for Economic and Financial Affairs Pierre Moscovici presents the Autumn 2018 economic forecast at EU headquarters in Brussels, Thursday, Nov. 8, 2018. (AP Photo/Olivier Matthys)
November 08, 2018 - 8:35 am
Italy, which is embroiled in a bitter budget row with the European Union that is set to come to a head next week, is expected to be the slowest-growing eurozone economy through 2020, according to new forecasts from the bloc's executive branch. The European Commission said Thursday that growth...
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FILE - In this Dec. 21, 2016, file photo, The Trump International Hotel at 1100 Pennsylvania Avenue NW, is photographed in Washington. House Democrats are prepared to use their majority and subpoena power to go after all manner of financial records that could back up their claims that Donald Trump is using his presidency to enrich himself. Democrats hope there is a new day on such issues as foreign government spending at Trump properties, Trump’s foreign licensing deals and Trump ties to lobbyists. (AP Photo/Alex Brandon, File)
November 08, 2018 - 7:22 am
WASHINGTON (AP) — Beyond trying to get their hands on the Holy Grail of President Donald Trump's business dealings — his tax returns — House Democrats are prepared to use their new majority and subpoena power to go after financial records that could back up their claims that he's using his...
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FILE- In this Oct. 31, 2018, file photo Federal Reserve Chair Jerome Powell, left, and Randal Quarles, vice chair for supervision, gather their things at the end of a Federal Reserve Board meeting at the Marriner S. Eccles Federal Reserve Board Building in Washington. On Thursday, Nov. 8, the Federal Reserve releases its latest monetary policy statement after a two-day meeting. (AP Photo/Jacquelyn Martin, File)
November 08, 2018 - 3:05 am
WASHINGTON (AP) — The Federal Reserve appears on track to raise interest rates once more this year but will likely hold off on any action when its latest policy meeting ends Thursday. Still, investors will be parsing the statement the Fed will issue after its meeting for any sign that it might be...
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