Business

FILE - In this July 1, 2019, file photo trader James Riley works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Monday, July 15. (AP Photo/Richard Drew, File)
July 15, 2019 - 9:22 am
NEW YORK (AP) — Stocks edged lower in early trading Monday on Wall Street as a decline in banks offset solid gains in technology companies. The losses follow record high finishes for every major stock index last week. The S&P 500 index also pushed above 3,000 for the first time. Citi led banks...
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FILE - In this Feb. 8, 2019, file photo the logo for Citigroup appears above a trading post on the floor of the New York Stock Exchange. On Monday, July 15, 2019, Citigroup Inc. reports financial results. (AP Photo/Richard Drew, File)
July 15, 2019 - 8:09 am
NEW YORK (AP) — Banking conglomerate Citigroup said its second quarter profits rose by 7% from a year ago, helped by higher interest rates, a lower tax rate and a strong economy. Citigroup is the first of the big Wall Street banks to report results this week. All the major banks are expected to...
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July 15, 2019 - 7:56 am
LONDON (AP) — The death of a British YouTuber in an electric scooter accident has raised concerns about the safety of the increasingly popular vehicles. Emily Hartridge, who presented online series "10 Reasons Why," was killed in a collision with a truck. London's Metropolitan Police said a woman...
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Governor of the Bank of England, Mark Carney poses for a photo with the artwork for the concept of the new 50 pound notes, after announcing that Second World War code-breaker Alan Turing has been selected to feature on the new notes, at the Science and Industry Museum, in Manchester, England, Monday July 15, 2019. The Bank of England has chosen codebreaker and computing pioneer Alan Turing as the face of the country’s new 50 pound note. Governor Mark Carney said Monday that Turing was “a giant on whose shoulders so many now stand.” Turing’s work cracking Nazi Germany’s secret communications helped win World War II, but after the war he was prosecuted for homosexuality, and died in 1954 after eating an apple laced with cyanide. (Peter Byrne/PA via AP)
July 15, 2019 - 6:45 am
LONDON (AP) — Codebreaker and computing pioneer Alan Turing has been chosen as the face of Britain's new 50 pound note, the Bank of England announced Monday. Governor Mark Carney said Turing, who did ground-breaking work on computers and artificial intelligence, was "a giant on whose shoulders so...
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Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Monday, July 15, 2019. Shares are mixed in Asia, led by gains in Chinese markets after the government reported that the economy grew at the slowest pace in a decade in the last quarter. (AP Photo/Ahn Young-joon)
July 15, 2019 - 6:40 am
BANGKOK (AP) — Global shares were mixed Monday after China reported that its economy grew at the slowest pace in at least 26 years in the last quarter, leading investors to opt for caution despite Friday's record highs on Wall Street. Tariff hikes by President Donald Trump have battered Chinese and...
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South Korean small and medium-sized business owners stage a rally calling for a boycott of Japanese products in front of the Japanese embassy in Seoul, South Korea, Monday, July 15, 2019. South Korea and Japan last Friday, July 12, failed to immediately resolve their dispute over Japanese export restrictions that could hurt South Korean technology companies, as Seoul called for an investigation by the United Nations or another international body. The signs read: "We don't sell Japanese products." (AP Photo/Ahn Young-joon)
July 15, 2019 - 4:48 am
SEOUL, South Korea (AP) — In his strongest comments yet on a growing trade dispute, South Korea's president urged Japan on Monday to lift recently tightened controls on high-tech exports to South Korea, which he said threaten to shatter the countries' economic cooperation and could damage Japan...
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Migrants rest on a Mediterranea Saving Humans NGO boat, as they sail off Italy's southernmost island of Lampedusa, just outside Italian territorial waters, on Thursday, July 4, 2019. An Italian humanitarian group whose boat has been barred from docking in Lampedusa said the health of the 54 migrants it rescued at sea is rapidly deteriorating, prompting fears of another standoff with Italy's populist government. Mediterranea Saving Humans said Friday in a tweet that its sailing boat ALEX was off Italy's southernmost island of Lampedusa, just outside Italian territorial waters, and that it has been banned from entering Italian jurisdiction by ministerial decree. (AP Photo/Olmo Calvo)
July 15, 2019 - 4:41 am
COPENHAGEN, Denmark (AP) — A leading advocacy group for refugees said Monday that with half of 2019 gone, humanitarian organizations have received only 27% of the money needed to provide relief to people affected by crises worldwide this year. Norwegian Refugee Council secretary-general Jan Egeland...
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Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Monday, July 15, 2019. Shares are mixed in Asia, led by gains in Chinese markets after the government reported that the economy grew at the slowest pace in a decade in the last quarter. (AP Photo/Ahn Young-joon)
July 15, 2019 - 2:18 am
BANGKOK (AP) — Shares were mixed in Asia on Monday, with gains in Chinese markets on hopes for fresh stimulus measures after the government reported that the economy grew at the slowest pace in a decade in the last quarter. Analysts said the 6.2% annual rate of growth reported for April-June...
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Kaohsiung city mayor Han Kuo-yu raises hands during a media conference after winning the candidacy of the opposition of the Nationalist Party (KMT) for the upcoming presidential elections at the party headquarters, Monday, July 15, 2019, in Taipei, Taiwan. (AP Photo/Chiang Ying-ying)
July 15, 2019 - 1:07 am
TAIPEI, Taiwan (AP) — Taiwan's main opposition party picked a pro-China populist mayor Monday as its candidate for the 2020 presidential race against an incumbent who often bashes Beijing. The Nationalist Party said Han Kuo-yu had won the presidential primary after opinion poll results gave him a...
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July 14, 2019 - 9:23 pm
BEIJING (AP) — China's economic growth slowed further in the quarter ending in June, dragged down by a tariff war with Washington and weak consumer spending. Data on Monday showed the world's second-largest economy expanded by 6.2% over a year earlier, down from the previous quarter's 6.4%. Chinese...
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