Latest Economy News
UK treasury chief: Some businesses may hurt after Brexit
LONDON (AP) — The British government has announced plans for special events on the night of Jan. 31 when the country officially leaves the European Union but the country's treasury chief has admitted that some U.K. business sectors will suffer as a result. Sajid Javid told the Financial Times in an...
Libya's eastern-based forces move to halt oil exports
BENGHAZI, Libya (AP) — A move by Libya's east-based forces to choke off oil exports from its territory threatens to throttle much of the country’s oil production, the national oil corporation said Saturday, escalating tensions ahead of an international peace summit to end the civil war. Powerful...
Riots in Lebanon's capital leave more than 150 injured
BEIRUT (AP) — Police fired volleys of tear gas and rubber bullets in Lebanon's capital Saturday to disperse thousands of protesters amid some of the worst rioting since demonstrations against the country's ruling elite erupted three months ago. More than 150 people were injured. Thick white smoke covered...
China's Xi ends Myanmar visit with flurry of agreements
NAYPYITAW, Myanmar (AP) — Chinese President Xi Jinping ended a two-day state visit to Myanmar on Saturday after attending the signing of a raft of agreements buttressing bilateral relations and advancing Beijing's ambitious Belt and Road Initiative, in which his host country is a key player. The two sides...
AP FACT CHECK: Trump's compulsive claims of 'biggest' ever
WASHINGTON (AP) — Size matters to President Donald Trump. So much that he exaggerates continually, sometimes spectacularly, the size of what he does. Just as his tax cuts are far from the biggest in history, the economy isn't the best ever and his election victory in 2016 was no landslide of historic...
UN chief urges Haitians to resist escalation at quake event
UNITED NATIONS (AP) — Secretary-General Antonio Guterres used a U.N. ceremony Friday marking the 10th anniversary of the devastating Haiti earthquake to urge Haitians to resolve differences through dialogue and “resist any escalation that could reverse the gains of the past decade.” The U.N....
How major US stock indexes fared Friday
Stocks closed modestly higher on Wall Street Friday as solid gains by technology and communications companies pushed major U.S. indexes to more record highs. Investors welcomed more strong quarterly results from banks. A report showing a December surge in new home construction provided the latest encouraging...
NOT REAL NEWS: A look at what didn't happen this week
A roundup of some of the most popular but completely untrue stories and visuals of the week. None of these is legit, even though they were shared widely on social media. The Associated Press checked them out. Here are the real facts: ___ CLAIM: Democratic presidential candidate Tom Steyer criticized Democrats...
Tech, communications stocks push US indexes to more records
Wall Street capped a milestone-setting week Friday with a few more as modest gains nudged the major stock indexes to all-time highs. The benchmark S&P 500 index also notched its second-straight weekly gain. Technology stocks powered much of the market's broad gains, along with communication services companies...
Zimbabwe police raid opposition party offices, seek machetes
HARARE, Zimbabwe (AP) — Zimbabwe police on Friday raided the offices of the country’s main opposition party, and a spokesman says the officers were looking for machetes. Police officers blocked roads leading to the Movement for Democratic Change party in the capital, Harare and, armed with a search...
LOADING MORE STORIES
