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FILE - In this Sept. 3, 2019 file photo a sign rests in front of a newly constructed home, in Westwood, Mass. U.S. home prices rose in April for the eighth straight month, even as sales have stumbled, a sign the coronavirus outbreak has had little impact on real estate values. The S&P CoreLogic Case-Shiller 20-city home price index climbed 4% in April, the largest gain since December 2018, up from 3.9% in March. (AP Photo/Steven Senne, File)

S&P CoreLogic Case-Shiller: US home prices up 5.2% in August

Oct. 27, 2020 9:03 AM EDT

WASHINGTON (AP) — U.S. home prices posted a robust gain in August — another sign that the American housing market remains strong despite economic fallout from the coronavirus pandemic. The S&P CoreLogic Case-Shiller 20-city home price index, released Tuesday, showed that home prices climbed 5.2%...

In this Friday, Oct. 23, 2020, photo, the figure of the Ant Group's mascot is displayed at the office in Hong Kong. The world's largest fintech company, China's Ant Group, will try to raise nearly $35 billion in a massive public offering of stock that would shatter records. (AP Photo/Kin Cheung)

Here's why Ant Group is about to shatter IPO records

Oct. 27, 2020 9:00 AM EDT

HONG KONG (AP) — Stella Su, who lives and works in Shanghai, has used an ATM only once in the past year. Instead of cash, in recent years she has done almost all her business using the digital wallet Alipay –- shopping in a mall, buying stuff online or transferring money to friends. “Now when...

FILE - In this Sept. 23, 2019, file photo, clothes dryers, top, are stacked on top of washing machines at a Home Depot store location, in Boston.  Orders to U.S. factories for big-ticket manufactured goods increased a weak 0.4% in August following a much larger July gain. The Commerce Department reported Friday, Sept. 25, 2020 that the August advance marked the fourth consecutive increase but was far lower than the 11.7% surge seen in July.  (AP Photo/Steven Senne, File)

September orders for big-ticket manufactured goods up 1.9%

Oct. 27, 2020 8:54 AM EDT

WASHINGTON (AP) — Orders to U.S. factories for big-ticket manufactured goods rose a better-than-expected 1.9% in September with a key category that tracks business investment showing a solid gain as well. The rise in durable goods orders followed a smaller 0.4% increase in August and was the best gain...

FILE - In this July 1, 2020, file photo, Instacart worker Saori Okawa loads groceries into her car for home delivery in San Leandro, Calif. There are plenty of jobs in the gig work arena. To stay safe and find the right fit, evaluate the risks, expand your search beyond the obvious roles and calculate how much you’ll really make after taking expenses such as fees and insurance into account. (AP Photo/Ben Margot, File)

Millennial Money: Picking a pandemic side gig takes hustle

Oct. 27, 2020 8:45 AM EDT

Side gig. Side job. Side hustle. It goes by many names and serves many purposes. For some, it’s a way to keep the lights on. For others, it’s an opportunity to save for a goal or follow a passion. Since the onset of the COVID-19 pandemic, millions of Americans have become unemployed. Many are...

Health service member calling for a general strike and demanding more labor protection on her job, in Pamplona, northern Spain, Tuesday, Oct. 27, 2020, while Spain suffer a second strong pandemic crisis by COVID-19.(AP Photo/Alvaro Barrientos)

The Latest: Spain doctors stage walkout over health system

Oct. 27, 2020 8:44 AM EDT

MADRID — Spanish doctors are staging their first national walkout in 25 years to protest what they say are poor working conditions and the weakened state of the national public health system. The 24-hour strike was called by the State Confederation of Medical Unions, which wants health authorities to...

FILE - This is an April 26, 2017, file photo showing Eli Lilly corporate headquarters in Indianapolis. Eli Lilly continues to back a potential COVID-19 treatment despite research showing that it may not work on hospitalized patients. The drugmaker said Tuesday, Oct. 27, 2020, that It remains confident that its drug may stop COVID from developing in other patients. (AP Photo/Darron Cummings, File)

Lilly stays confident in possible COVID drug after setback

Oct. 27, 2020 8:44 AM EDT

INDIANAPOLIS (AP) — Eli Lilly continues to back a potential COVID-19 treatment despite research showing that it may not work on hospitalized patients. The drugmaker said Tuesday it remains confident that its drug may stop COVID from developing in other patients. Researchers are still studying the drug in...

An elementary school student, wearing a face mask as a precaution against the coronavirus outbreak, receives a Td vaccine shot from a health worker during a free vaccination service for schoolchildren in Jakarta, Indonesia,Tuesday, Oct. 27, 2020. (AP Photo/Achmad Ibrahim)

Asia Today: Thailand: Woman probably infected in quarantine

Oct. 27, 2020 8:42 AM EDT

BANGKOK (AP) — Health officials in Thailand said Tuesday it is likely that a French woman who earlier this month tested positive for the coronavirus became infected when she stayed under quarantine at a hotel near Bangkok. The 57-year-old woman tested positive after she and her family flew on Oct. 15 from...

Orders for big-ticket manufactured goods increased 1.9% in September with a key business investment category up as well

Oct. 27, 2020 8:39 AM EDT
WASHINGTON (AP) — Orders for big-ticket manufactured goods increased 1.9% in September with a key business investment category up as well.

Lithuania upset over soon-to-open Belarus nuke plant

Oct. 27, 2020 8:35 AM EDT

VILNIUS, Lithuania (AP) — The Baltic nation of Lithuania sent a protest note Tuesday to Belarus over a planned nuclear power plant close to their border that is scheduled to start operating in early November. The Astravyets nuclear power plant, 40 kilometers (25 miles) south of Vilnius, Lithuania’s...

FILE- This May 1, 2018, file photo shows Merck corporate headquarters in Kenilworth, N.J.  Surging sales of cancer medicines and reduced spending helped Merck overcome a big hit from the coronavirus pandemic and increase its profit 12% in the second quarter. The  drugmaker on Friday, July 31, 2020,  increased its financial forecast for the year, all while it’s investing in development of two experimental vaccines and a possible treatment for COVID-19.  (AP Photo/Seth Wenig, File)

Strong sales of drugs, vaccines, propel Merck in 3Q

Oct. 27, 2020 8:24 AM EDT

KENILWORTH, N.J. (AP) — Drugmaker Merck boosted its third-quarter profit by 55% and blew past Wall Street expectations, due to slightly higher sales, restrained spending and a small, one-time gain. The Kenilworth, New Jersey, company said it's making progress on three efforts to combat the coronavirus...