Economy News

February 15, 2019

Trade talk optimism pushes stocks higher in midday trading

Plans by the U.S. and China to extend key trade talks drove stocks broadly higher in midday trading Friday. The gains mark ...

February 15, 2019

Haiti to unveil economic measures to quell violent protests

Haitians on Friday vowed to keep protesting until President Jovenel Moise resigns, despite his announcement of upcoming ...

February 15, 2019

World Jewish Congress concerned about neo-Nazism in Europe

The World Jewish Congress is voicing concern about the rise of far-right activities across Europe attempting to promote ...

February 15, 2019

Veteran US investment manager detained in Moscow

A veteran U.S. investment fund manager was detained in Moscow on Friday and faces fraud charges in a case that's likely to ...

February 15, 2019

PepsiCo moves to profit in 4Q, sees tax benefit

PepsiCo moved to a profit in its fourth quarter, getting a boost from a large tax benefit as sales in its Frito-Lay unit ...

February 15, 2019

AP Explains: Polarized by Catalonia, Spain heads to election

Spain's Prime Minister Pedro Sanchez has called a general election for April 28 after his minority government's budget ...

February 15, 2019

Denver teachers back at work after winning deal with raises

Denver teachers ended a three-day walkout and returned to their classrooms Thursday, greeted by hugs and high-fives, after ...

February 15, 2019

Ikea woos India's rising consumer class, tapping new markets

In Hyderabad's bustling Nampally furniture market, customers explore a crowded, dusty labyrinth of shops, haggle over prices ...

February 15, 2019

ONLY ON AP: Maduro blames US sanctions for crisis

Venezuelan President Nicolas Maduro on Thursday blamed the economic sanctions imposed by the United States against Venezuela ...

February 15, 2019

Trump Org scraps plans for 2 hotel chains, blaming politics

President Donald Trump's company is scrapping plans for two new hotel chains announced two years ago, casting blame in part ...

February 14, 2019

Humbug holidays: US retail sales drop 1.2 pct in December

U.S. retail sales fell in December, posting the biggest drop since September 2009 and delivering more evidence that last ...

February 14, 2019

GE to downsize Boston headquarters, reimburse state $87M

General Electric announced Thursday it will downsize its world headquarters in Boston and will return $87 million that ...

February 14, 2019

US mortgage rates fall to 12-month low; 30-year at 4.37 pct

U.S. long-term mortgage rates fell this week to a 12-month low, an enticement for prospective homebuyers in the upcoming ...

February 14, 2019

Israeli spyware company NSO is re-acquired by its founders

An Israeli software firm known for its phone-surveillance technology said Thursday that it has been re-acquired by its ...

mannequins, Cherry Creek Mall, shopper, Mannequins

February 14, 2019

National Retail Group: holiday sales fell short

The National Retail Federation, the nation's largest retail trade group, said that holiday sales increased a ...

February 14, 2019

UK's May suffers embarrassing defeat on Brexit strategy

British Prime Minister Theresa May suffered an embarrassing defeat by lawmakers Thursday in a vote that left her bid to ...

February 14, 2019

The Latest: German minister says Airbus must find jobs

The Latest on Airbus' announcement that it will stop making the superjumbo A380 (all times local): 6:20 p.m.

February 14, 2019

Outlook overshadows strong quarter at Coca-Cola

A weak annual outlook from Coca-Cola overshadowed solid quarterly results Thursday, wiping out its stock gains for the year ...

February 14, 2019

Germany barely avoids recession with zero growth

Germany recorded zero growth in the fourth quarter, only narrowly avoiding a recession and adding to downbeat signs piling ...