Latest Economy News

Argentina's treasury minister resigns, senior official says

Aug. 17, 2019 7:11 PM EDT

BUENOS AIRES, Argentina (AP) — Argentina's treasury minister, Nicolás Dujovne, resigned Saturday and will be replaced by the economy minister of the country's most populous state, a senior official in the presidential office said. The resignation came three days after President Nicolas Macri announced...

Forest aims focus on opportunity, dignity if next governor

Aug. 17, 2019 6:47 PM EDT

WINSTON-SALEM, N.C. (AP) — Lt. Gov. Dan Forest intensified his campaign for governor on Saturday, pledging at a rally to pursue a vision for the state that includes economic and educational opportunity, human dignity and social unity if elected next year. Holding a kickoff event geared with both an...

From tusks to tails, nations eye trade in endangered species

Aug. 17, 2019 5:33 PM EDT

GENEVA (AP) — From guitars to traditional medicines and from tusk to tail, mankind's exploitation of the planet's fauna and flora is putting some of them at risk of extinction. Representatives of some 180 nations are meeting in Geneva to agree on protections for vulnerable species, taking up issues...

House speaker as US emissary: Pelosi emerges as force abroad

Aug. 17, 2019 5:02 PM EDT

WASHINGTON (AP) — There's an American leader whose words resonate on the global stage. Who draws attention in foreign capitals. Who carries a message from the United States by simply arriving. It's not just President Donald Trump. House Speaker Nancy Pelosi, D-Calif., is emerging as an alternative...

Alaska budget cuts could impact the arts economic impact

Aug. 17, 2019 2:38 PM EDT

JUNEAU, Alaska (AP) — More than 11,000 people are employed in Alaska's art industry, which adds $1.4 billion to the state's economy, according to the National Endowment for the Arts chairwoman, who spoke ahead of the governor's funding decisions. NEA chairwoman Mary Anne Carter spoke Thursday at the...

New Mexico oil production improvements cause economic boom

Aug. 17, 2019 1:43 PM EDT

SANTA FE, N.M. (AP) — An economic boom in southeast New Mexico has been attributed to skyrocketing oil production. The Albuquerque Journal reported Friday that New Mexico's revenue exceeded projected levels allowing lawmakers to authorize a $663-million spending increase for the budget year that started in...

Stock market gyrates as the economic picture gets blurred

Aug. 17, 2019 11:23 AM EDT

You're not the only one confused about where the economy is headed. Just look at the stock market, where perplexed investors have been sending stocks on a wild ride in August. And there could be plenty more where that came from. Two notoriously volatile months for stocks lie just ahead. Stocks around the world...

Signs of recession worry Trump ahead of 2020

Aug. 17, 2019 6:29 AM EDT

WASHINGTON (AP) — President Donald Trump is warning of an economic crash if he loses reelection, arguing that even voters who personally dislike him should base their ballots on the nation's strong growth and low unemployment rate. But privately, Trump is growing increasingly worried the economy won't look...

Ivanka Trump adds Colombia to upcoming South America trip

Aug. 17, 2019 12:18 AM EDT

WASHINGTON (AP) — Ivanka Trump is adding a stop in Colombia to a previously announced trip to South America in September to focus on the economic empowerment of women in developing countries. The White House said last week that President Donald Trump's daughter and senior adviser plans to visit Paraguay...

Grocery stores specialize to compete in crowded market

Aug. 17, 2019 12:06 AM EDT

BATON ROUGE, La. (AP) — In the span of a typical week, Courtney Bush will often visit three, sometimes four, different supermarkets to pick up groceries for her family. She'll make a run to Trader Joe's — closest to her home near the Perkins Road overpass — at least once a week for produce,...