Latest Economy News

Pressured over missing writer, Saudi Arabia lashes out

Oct. 15, 2018 5:06 AM EDT

DUBAI, United Arab Emirates (AP) — Saudi media on Monday echoed the kingdom's hard-line threat of retaliation for any sanctions over the disappearance and alleged death of Washington Post columnist Jamal Khashoggi, as demands grew for boycotts of the same international brands once courted by the kingdom....

Global stocks slip on continuing global trade worries

Oct. 15, 2018 4:15 AM EDT

TOKYO (AP) — Global stocks slipped Monday as investor worries continued about global trade tensions and prospects for economic growth. KEEPING SCORE: France's CAC 40 lost 0.3 percent in early trading to 5,079.25, while Britain's FTSE 100 was down less than 0.1 percent at 6,995.44. U.S. shares were also set...

Recent developments surrounding the South China Sea

Oct. 15, 2018 1:26 AM EDT

BEIJING (AP) — A look at recent developments in the South China Sea, where China is pitted against smaller neighbors in multiple disputes over islands, coral reefs and lagoons in waters crucial for global commerce and rich in fish and potential oil and gas reserves: ___ EDITOR'S NOTE: This is a weekly look...

This Week: Netflix earns, Fed minutes, existing home sales

Oct. 15, 2018 1:05 AM EDT

A look at some of the key business events and economic indicators upcoming this week: CAUSE FOR CONCERN? Wall Street expects another solid quarterly snapshot from Netflix. Financial analysts predict the video streaming service will report Tuesday that its third-quarter earnings and revenue increased versus a year...

San Francisco to vote on taxing rich businesses for homeless

Oct. 15, 2018 12:23 AM EDT

SAN FRANCISCO (AP) — San Francisco has come to be known around the world as a place for aggressive panhandling, open-air drug use and sprawling tent camps, the dirt and despair all the more remarkable for the city's immense wealth. Some streets are so filthy that officials launched a special "poop patrol,"...

Pressured over missing writer, Saudi Arabia lashes out

Oct. 15, 2018 12:11 AM EDT

DUBAI, United Arab Emirates (AP) — Saudi Arabia has threatened to retaliate for any sanctions imposed against it after President Donald Trump said the oil-rich kingdom deserves "severe punishment" if it is responsible for the disappearance and suspected murder of Washington Post contributor Jamal...

Mattis trip to Vietnam aimed at countering China's influence

Oct. 15, 2018 12:03 AM EDT

WASHINGTON (AP) — By making a rare second trip this year to Vietnam, Defense Secretary Jim Mattis is signaling how intensively the Trump administration is trying to counter China's military assertiveness by cozying up to smaller nations in the region that share American wariness about Chinese intentions....

Asian stocks slip on continuing global trade worries

Oct. 14, 2018 11:34 PM EDT

TOKYO (AP) — Asian stocks slipped Monday, as investor worries continued about global trade tensions and prospects for economic growth. KEEPING SCORE: Japan's benchmark Nikkei 225 dipped 1.2 percent to 22,426.32, while Australia's S&P/ASX 200 slipped nearly 1.1 percent in early trading to 5,832.00....

Saudis reject threats as stocks plunge after Trump comments

Oct. 14, 2018 9:03 PM EDT

DUBAI, United Arab Emirates (AP) — Saudi Arabia on Sunday threatened to retaliate for any sanctions imposed against it after President Donald Trump said the oil-rich kingdom deserves "severe punishment" if it is responsible for the disappearance and suspected murder of Washington Post contributor Jamal...

The Latest: More executives pulling out of Saudi conference

Oct. 14, 2018 8:59 PM EDT

DUBAI, United Arab Emirates (AP) — The Latest on the disappearance of a Saudi writer who Turkish officials fear was killed inside the Saudi Consulate in Istanbul (all times local): 4:50 a.m. More major players in international finance and industry are pulling out of a high-profile business conference in...