Economy

FILE - In this Wednesday, March 21, 2018 file photo, Britain's Chancellor Philip Hammond leaves 11 Downing Street to attend the weekly session of Prime Ministers Questions in Parliament in London. Britain’s Treasury chief says the country would need a new economic strategy if it leaves the European Union without a deal. Speaking on Sunday, Oct. 29, the day before he delivers his budget in the House of Commons, Philip Hammond told Sky News his plan is based on the idea there will be a deal. If there isn’t one, he says Britain “would need to look at a different strategy and, frankly, we'd need to have a new budget that set out a different strategy for the future." (AP Photo/Kirsty Wigglesworth, File)
October 29, 2018 - 6:54 am
LONDON (AP) — Britain's Treasury chief is planning to pour 2 billion pounds ($2.5 billion) into mental health services as he delivers his final budget before the country leaves the European Union. Philip Hammond's infusion is one of the expected highlights of the spending blueprint to be delivered...
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Supporters of Jair Bolsonaro celebrate in front of his residence in Rio de Janeiro, Brazil, Sunday, Oct. 28, 2018. The far-right congressman took a commanding lead in the race for Brazil's presidency, as voters apparently looked past warnings that the brash former army captain would erode democracy and embraced a chance for radical change after years of turmoil. (AP Photo/Leo Correa)
October 28, 2018 - 9:22 pm
SAO PAULO (AP) — Jair Bolsonaro, a brash far-right congressman who has waxed nostalgic for Brazil's old military dictatorship, won the presidency of Latin America's largest nation Sunday as voters looked past warnings that he would erode democracy and embraced a chance for radical change after...
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Jodi Smith Lemacks, left, works with her son, Joshua, in their home in Richmond, Va., Tuesday, Oct. 16, 2018. Lemacks is nervous about changing or losing her job because that could mean cutting off her son Joshua from heart specialists he’s seen his entire life. (AP Photo/Steve Helber)
October 28, 2018 - 1:07 pm
Insurance shoppers likely will have several choices for individual health coverage this fall. The bad news? There's no guarantee they will cover certain doctors or prescriptions. Health insurers have stopped fleeing the Affordable Care Act's marketplaces and they've toned down premium hikes that...
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India's Prime Minister Narendra Modi, left, and Japan's Prime Minister Shinzo Abe, right, pose for a photo at a hotel garden in Yamanakako village, Yamanashi prefecture, Sunday, Oct. 28, 2018. (Suo Takekuma/Kyodo News via AP)
October 28, 2018 - 3:06 am
TOKYO (AP) — The leaders of Japan and India are reaffirming their ties amid growing worries about trade and regional stability. Indian Prime Minister Narendra Modi, who arrived Saturday, was meeting Japanese Prime Minister Shinzo Abe at a resort area near Mount Fuji on Sunday. Modi is also visiting...
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Italian Prime Minister Giuseppe Conte speaks during a joint news conference with Russian President Vladimir Putin (not pictured) in the Kremlin in Moscow, Russia, Wednesday, Oct. 24, 2018. Italian Prime Minister Giuseppe Conte is holding talks with Russian officials on his first trip to Moscow. (Sergei Chirikov/Pool Photo via AP)
October 27, 2018 - 6:37 am
MILAN (AP) — Italy's premier has welcomed Standard & Poor's decision to maintain Italy's rating while still lowering the financial outlook for the country to "negative" from "stable." Premier Giuseppe Conte said Saturday the decision by the ratings agency was "correct in light of the economic...
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President Donald Trump speaks to the members of the media before leaving the White House in Washington, Friday, Oct. 26, 2018, to attend a campaign rally in Charlotte, N.C. (AP Photo/Manuel Balce Ceneta)
October 26, 2018 - 10:06 pm
WASHINGTON (AP) — The Latest on pipe bombs sent to prominent critics of President Donald Trump (all times local): 10 p.m. Federal authorities have captured a Florida man with a criminal history and a fervor for President Donald Trump and accused him of sending at least 13 mail bombs to prominent...
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Trader Jonathan Mueller works in his booth on the floor of the New York Stock Exchange, Friday, Oct. 26, 2018. Stocks are opening broadly lower on Wall Street, a day after a massive surge, as a number of big companies reported disappointing results. (AP Photo/Richard Drew)
October 26, 2018 - 12:13 pm
Stocks are back in the red for the year Friday as another big slump rocks Wall Street. The latest plunge follows a big rally the day before and comes at the end of an unusually turbulent week of trading. Longtime market favorites like Amazon and Alphabet, Google's parent company, led the way lower...
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October 26, 2018 - 10:11 am
LONDON (AP) — Britain's High Court says Barclays will not face trial on charges relating to its emergency fundraising from Qatar at the height of the financial crisis. The Serious Fraud Office had accused Barclays over a 2008 deal to give to Qatar Holding LLC a $3 billion loan that was then used to...
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Japanese Prime Minister Shinzo Abe, left, talks with Chinese President Xi Jinping, unseen, during a meeting at the Diaoyutai State Guesthouse in Beijing Friday, Oct. 26, 2018. (Nicolas Asfouri/Pool photo via AP)
October 26, 2018 - 8:12 am
BEIJING (AP) — China and Japan displayed a united front on "free and fair" trade as leaders of Asia's two biggest economies met Friday in Beijing. The visit by Japanese Prime Minister Shinzo Abe, along with hundreds of Japanese businessmen, took place against the backdrop of the festering trade...
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A man walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Friday, Oct. 26, 2018. Asian shares were mostly higher Friday, cheered by a jump on Wall Street as strong earnings reports from market bellwethers like Microsoft and Comcast gave a confidence boost to investors shaken by the recent wave of selling. (AP Photo/Eugene Hoshiko)
October 26, 2018 - 3:27 am
TOKYO (AP) — Asian shares turned mostly lower after early gains Friday, despite the overnight jump on Wall Street. Worries over corporate earnings, trade and the outlook for growth weighed on sentiment. KEEPING SCORE: Japan's benchmark Nikkei 225 lost 0.4 percent to finish at 21,184.60, while South...
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