Latest Economy News

This photo provided by Mercury Public Affairs shows Annie Jean-Baptiste. (Mercury Public Affairs via AP)

Insider Q&A: Google's Annie Jean-Baptiste on inclusion

Oct. 27, 2020 5:45 PM EDT

OAKLAND, Calif. (AP) — As the head of product inclusion at Google, Annie Jean-Baptiste works to help ensure that the company’s products -- from photos to search to everything else -- are built with everyone in mind, including women, underrepresented minorities, and people of different ages,...

A woman with an umbrella passes the New York Stock Exchange, Monday, Oct. 26, 2020. U.S. stocks are drifting Tuesday, Oct. 27, 2020, as momentum slows a day after Wall Street slumped to its worst loss in a month on worries about rising virus counts and Washington’s inability to deliver more aid to the economy.  The (AP Photo/Mark Lennihan)

Stocks end another wobbly day lower as virus cases rise

Oct. 27, 2020 5:35 PM EDT

Wall Street's losses mounted for the second straight day Tuesday as momentum slows on worries about rising virus counts and Washington's inability to deliver more aid to the economy. The S&P 500 fell 0.3% after spending much of the day swinging between small gains and losses. Most of the stocks in the index...

An anti-government protester runs from police water cannons, on the day Chileans vote in a referendum to decide whether the country should replace its 40-year-old constitution, written during the dictatorship of Gen. Augusto Pinochet, in Santiago, Chile, Sunday, Oct. 25, 2020. (AP Photo/Luis Hidalgo)

Eager for change, Chile faces long road to new constitution

Oct. 27, 2020 5:20 PM EDT

SANTIAGO, Chile (AP) — The fireworks and street celebrations are over in Chile, and now many months of hard work and uncertainty loom for a population impatient for change. One of Latin America’s most affluent nations, and also one haunted by social and economic inequality, plans to draft a new...

Democratic presidential candidate former Vice President Joe Biden leaves after speaking at Mountain Top Inn & Resort, Tuesday, Oct. 27, 2020, in Warm Springs, Ga. (AP Photo/Andrew Harnik)

Biden vows his unity can 'save country'; Trump hits Midwest

Oct. 27, 2020 5:04 PM EDT

WARM SPRINGS, Ga. (AP) — Joe Biden traveled to the hot springs town where Franklin Delano Roosevelt coped with polio on Tuesday to declare the U.S. is not too politically diseased to overcome its health and economic crises, pledging to be the unifying force who can "restore our soul and save this...

How major US stock indexes fared Tuesday

Oct. 27, 2020 4:57 PM EDT

U.S. stock indexes closed mostly lower Tuesday, adding to the market's losses a day after the S&P 500 had its worst drop in a month. Most of the stocks in the benchmark index fell, particularly banks, oil producers and other companies whose profits tend to track the strength of the economy. Those losses...

Trump administration proposes reversal of homeless policy

Oct. 27, 2020 2:55 PM EDT

WASHINGTON (AP) — A new federal plan to end homelessness released last week by the Trump administration calls for a reversal of Obama-era “housing first” policies. The plan, released Oct. 19, is the first from the United States Interagency Council on Homelessness since President Donald Trump...

2 major Ohio cities sue to block nuclear bailout fee

Oct. 27, 2020 11:49 AM EDT

COLUMBUS, Ohio (AP) — Two of Ohio's major cities are attempting to block the law at the center of a $60 million federal bribery probe from going into effect Jan. 1. Columbus City Attorney Zach Klein and Cincinnati Mayor John Cranley filed a complaint Tuesday, citing the need to save the state's electric...

FILE - In this Jan. 15, 2020, file photo President Donald Trump holds a trade agreement with Chinese Vice Premier Liu He, in the East Room of the White House in Washington. Trump spent four years upending seven decades of American trade policy. He started a trade war with China, slammed America’s closest allies by taxing their steel and aluminum and terrified Big Business by threatening to take a wrecking ball to $1.4 trillion in annual trade with Mexico and Canada.
 Trump’s legacy on trade is likely to linger, regardless whether Joe Biden replaces him in the White House in January 2021.(AP Photo/Evan Vucci)

From Beijing to Brussels, Trump's trade wars at a glance

Oct. 27, 2020 11:07 AM EDT

WASHINGTON (AP) — President Donald Trump said he would shake up American trade policy. That he did. From Beijing to Brussels to Mexico City, he waged war with trading partners on multiple fronts. Here's a look at four tumultuous years of Trump trade policy: TRADE WAR WITH CHINA To rebalance...

FILE - In this July 26, 2018, file photo President Donald Trump speaks at the United States Steel Granite City Works plant in Granite City, Ill.  Trump spent four years upending seven decades of American trade policy. He started a trade war with China, slammed America’s closest allies by taxing their steel and aluminum and terrified Big Business by threatening to take a wrecking ball to $1.4 trillion in annual trade with Mexico and Canada. Trump’s legacy on trade is likely to linger, regardless whether Joe Biden replaces him in the White House in January 2021. (AP Photo/Jeff Roberson, File)

Trump trade policy: 4 years of high drama. Limited results.

Oct. 27, 2020 11:06 AM EDT

WASHINGTON (AP) — President Donald Trump spent four years upending seven decades of American trade policy. In what became his defining economic act, Trump launched a trade war with China. On another front, he taxed the steel and aluminum of U.S. allies. And he terrified America's own corporations by...

Elena Suazo, a kindergarten cafeteria worker, puts on the protective gear she brought from home, outside the entrance to the COVID-19 wing of José Gregorio Hernández Hospital which used to be the emergency room, as she prepares to enter and care for her 76-year-old hospitalized father, in the Catia neighborhood of Caracas, Venezuela, Thursday, Sept. 24, 2020. In this ruined country, the only way to ensure that he received the care he needed was to do it herself, regardless of the dangers to her own health. (AP Photo/Ariana Cubillos)

Venezuelans brave COVID wing to bathe, feed sick loved ones

Oct. 27, 2020 10:59 AM EDT

CARACAS, Venezuela (AP) — Leaning against a hospital wall for balance, Elena Suazo wiggled each foot into blue protective pants. Then she slipped her arms into a surgical gown and snapped on white rubber gloves, finally ready to enter the COVID-19 wing. Suazo is not a nurse. She is a cafeteria worker at a...