Economy

FILE- In this Sept. 27, 2019, file photo worker Omar Glover pickets outside a General Motors facility in Langhorne, Pa. A tentative four year contract with striking General Motors gives workers a mix of pay raises, lump sum payments and an $11,000 signing bonus. (AP Photo/Matt Rourke, File)
October 17, 2019 - 7:58 pm
DETROIT (AP) — Striking General Motors workers will stay on the picket lines for at least another week until they vote on a tentative contract with the company. Factory-level officials from the United Auto Workers union voted to recommend the agreement to members at a daylong meeting in Detroit...
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House Speaker Nancy Pelosi of Calif., gestures while speakings during a news conference on Capitol Hill in Washington, Thursday, Oct. 17, 2019. (AP Photo/Pablo Martinez Monsivais)
October 17, 2019 - 7:10 pm
WASHINGTON (AP) — House Speaker Nancy Pelosi is plowing ahead with her bill to allow Medicare to negotiate prescription drug prices despite a breakdown in relations with her chief bargaining partner on the issue — President Donald Trump. The nonpartisan Congressional Budget Office has estimated the...
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Vice President Mike Pence speaks at the U.S. ambassador's residence during a news conference with Secretary of State Mike Pompeo after their meeting with Turkish President Recep Tayyip Erdogan, Thursday, Oct. 17, 2019, in Ankara, Turkey. Pence says the U.S. and Turkey have agreed to a cease-fire in Syria. (AP Photo/Jacquelyn Martin)
October 17, 2019 - 3:44 pm
ANKARA, Turkey (AP) — The U.S. and Turkey agreed Thursday to a cease-fire in the Turks' deadly attacks on Kurdish fighters in northern Syria, requiring the Kurds to vacate the area in an arrangement that largely solidifies Turkey's position and aims in the weeklong conflict. The deal includes a...
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European Commission President Jean-Claude Juncker, left, and European Union chief Brexit negotiator Michel Barnier arrive for an EU summit in Brussels, Thursday, Oct. 17, 2019. Britain and the European Union reached a new tentative Brexit deal on Thursday, hoping to finally escape the acrimony, divisions and frustration of their three-year divorce battle. (Julien Warnand, Pool Photo via AP)
October 17, 2019 - 11:50 am
BRUSSELS (AP) — The Latest on Brexit (all times local): 6:50 p.m. EU Brexit chief negotiator Michel Barnier says the U.K. will remain "our economic partner, our friend and our ally" to guarantee Europe's security. Speaking after EU leaders endorsed a new withdrawal agreement, Barnier said the...
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In this Sept. 3, 2019 photo a for sale sign, top, rests in front of a newly constructed home, in Norwood, Mass. On Thursday, Oct. 17, the Commerce Department reports on U.S. home construction in September. (AP Photo/Steven Senne)
October 17, 2019 - 10:12 am
WASHINGTON (AP) — U.S. home building fell last month after reaching a 12-year high in August, driven by a sharp decline in the construction of new apartments. Yet single-family home construction ticked higher for a fourth month. The Commerce Department said Thursday that overall housing starts...
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Empty wine bottles sit on a production line in the southern France region of Provence, Friday Oct. 11, 2019. European producers of premium specialty agricultural products like French wine, are facing a U.S. tariff hike on Friday, with dollars 7.5 billion duties on a range of European goods approved by the World Trade Organization for illegal EU subsidies to aviation giant Airbus.(AP Photo/Daniel Cole)
October 17, 2019 - 9:06 am
MILAN (AP) — European producers of premium specialty agricultural products like French wine, Italian Parmesan and Spanish olives are facing a U.S. tariff hike due Friday with a mix of trepidation and indignation at being dragged into a trade war they feel they have little to do with. The tariffs on...
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In this Sept. 18, 2019, photo technician David Boxx works on updating an electrical system on a Caterpillar machine at the Puckett Machinery Company in Flowood, Miss. On Thursday, Oct. 17, the Federal Reserve reports on U.S. industrial production for September. (AP Photo/Rogelio V. Solis)
October 17, 2019 - 8:57 am
WASHINGTON (AP) — U.S. factory output slumped 0.5% in September, as a strike at General Motors caused a steep decline in auto production amid broader struggles for manufacturers. The Federal Reserve said Tuesday that manufacturing production has fallen 0.9% over the past 12 months, a reflection of...
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Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, Oct. 17, 2019. Asian shares were mixed Thursday after officials signaled work remains to be done on an agreement for a truce in the tariff war between the U.S. and China. (AP Photo/Ahn Young-joon)
October 17, 2019 - 7:06 am
BANGKOK (AP) — Global markets were boosted Thursday by news that Britain and the European have agreed on an outline Brexit deal after days of intense negotiations. Benchmarks in London and Frankfurt rallied and Wall Street was positioned for gains when the market opens in New York. Although news of...
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In this Oct. 8, 2019, photo, Associated Press journalists visit the Sustainability Pavilion at the under construction site of the Expo 2020 in Dubai, United Arab Emirates. Its Sustainability Pavilion, which recalls the towers of New York’s 1964 world’s fair, will be covered in solar panels and surrounded by similarly paneled “energy trees” to make it a zero-energy structure. (AP Photo/Kamran Jebreili)
October 17, 2019 - 5:21 am
DUBAI, United Arab Emirates (AP) — Dubai is betting billions of dollars that its Expo 2020 will draw 25 million visitors, encourage business and spur development of the city. However, this world's fair comes as Dubai's real estate market shows signs of faltering amid global economic woes. Fears of...
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Chairman of the U.S.-China Business Council Evan Greenberg, center left, and Chinese Premier Li Keqiang hold a talk at the Great Hall of the People in Beijing Thursday, Oct. 17, 2019. (Yukie Nishizawa/Pool Photo via AP)
October 17, 2019 - 4:46 am
BEIJING (AP) — China appealed to Washington for a quick end to their tariff war but gave no indication Thursday what more Beijing might want before it carries out what President Donald Trump says is a promise to buy up to $50 billion of American farm goods. Trump's promise Friday to delay a tariff...
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