Business

Specialist Anthony Matesic, center, works with traders at his post on the floor of the New York Stock Exchange, Wednesday, Aug. 21, 2019. Stocks are rising broadly in early trading on Wall Street as investors applauded encouraging quarterly results from major retailers. (AP Photo/Richard Drew)
Associated Press
August 21, 2019 - 11:22 am
U.S. stocks marched broadly higher in afternoon trading Wednesday as investors welcomed a batch of strong earnings reports from several big retailers. Traders had a muted reaction to the afternoon release of notes from the Federal Reserve's policymaking meeting last month. Target and Lowe's surged...
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In this Friday, Aug. 16, 2019, photo for sale signs beckon buyers to homes along Park Avenue in Richmond, Va. On Wednesday, Aug. 21, the National Association of Realtors reports on sales of existing homes in July. (AP Photo/Steve Helber)
Associated Press
August 21, 2019 - 7:00 am
WASHINGTON (AP) — U.S. home sales increased 2.5% in July, a sign that lower mortgage rates have produced a spurt of home-buying. The National Association of Realtors says homes sold last month at a seasonally adjusted annualized rate of 5.42 million units. Average interest rates on 30-year...
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FILE - In this July 18, 2019, file photo, shipping containers are loaded onto a cargo ship at a port in Nantong in eastern China's Jiangsu province. Beijing appealed to Washington on Wednesday, Aug. 21, to "meet China halfway" and end a tariff war after President Donald Trump said Americans might need to endure economic pain to achieve longer-term benefits. (Chinatopix via AP)
Associated Press
August 21, 2019 - 5:14 am
BEIJING (AP) — Beijing appealed to Washington on Wednesday to "meet China halfway" and end a tariff war after President Donald Trump said Americans might need to endure economic pain to achieve longer-term benefits. A foreign ministry spokesman, Geng Shuang, expressed hope Washington can "get along...
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Huawei's founder Ren Zhengfei, looks on during an interview at the Huawei campus in Shenzhen in Southern China's Guangdong province on Tuesday, Aug. 20, 2019. Ren said he expects no relief from U.S. export curbs due to the political climate in Washington but expresses confidence the company will thrive with its own technology. (AP Photo/Ng Han Guan)
August 20, 2019 - 9:28 am
SHENZHEN, China (AP) — The founder of Chinese tech giant Huawei said Tuesday he expects no relief from U.S. export curbs because of the political climate in Washington but expressed confidence the company will thrive because it is developing its own technology. Ren Zhengfei also said he doesn't...
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Alex Wong/Getty Images
Associated Press
August 20, 2019 - 3:21 am
Plans may be derailed to extend the Las Vegas Monorail to within walking distance of a new 65,000-seat football stadium, after Nevada Gov. Steve Sisolak declined to promise state backing for $200 million in new tax-exempt bonds, a newspaper reported.
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President Donald Trump speaks with reporters before boarding Air Force One at Morristown Municipal Airport in Morristown, N.J., Sunday, Aug. 18, 2019. (AP Photo/Patrick Semansky)
August 19, 2019 - 10:37 am
WASHINGTON (AP) — A strong majority, 74%, of U.S. business economists appear sufficiently concerned about the risks of some of President Donald Trump's economic policies that they expect a recession in the U.S. by the end of 2021. The economists surveyed by the National Association for Business...
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FILE - In this Aug. 1, 2019, file photo U.S. Commerce Secretary Wilbur Ross attends a meeting of the 17th Latin American Infrastructure Leadership Forum, in Brasilia, Brazil. The U.S. government gave chipmakers and technology companies a 90-day extension to sell products to technology giant Huawei. (AP Photo/Eraldo Peres, File)
August 19, 2019 - 8:32 am
NEW YORK (AP) — Commerce Secretary Wilbur Ross said Monday that the United States will extend by 90 days a limited reprieve on U.S. technology sales to Huawei. The U.S. government blacklisted the Chinese technology giant in May, deeming it a national security risk and restricting sales of U.S...
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Ethan Miller/Getty Images
August 16, 2019 - 7:15 am
Attorneys for dozens of bidders that weren’t approved for retail marijuana dispensary licenses last year raised the specter of broken laws and told a Nevada judge on Thursday the process was so unfair she should order a do-over.
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FILE - In this June 19, 2019, file photo a worker carries shingles for a roof of a house under construction in a Brandon, Miss., neighborhood. On Friday, Aug. 16, the Commerce Department reports on U.S. home construction in July. (AP Photo/Rogelio V. Solis, File)
August 16, 2019 - 5:34 am
WASHINGTON (AP) — U.S. housing starts fell 4.0% in July, driven by a decline in the construction of apartment buildings. The Commerce Department says that housing starts slipped last month to a seasonally adjusted annual rate of 1.19 million units. So far this year, housing starts have declined 3.1...
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FILE - In this April 24, 2019, file photo a Walmart associate works at a Walmart Neighborhood Market in Levittown, N.Y. Walmart Inc. reports financial results Thursday, Aug. 15. (AP Photo/Mark Lennihan, File)
August 15, 2019 - 7:46 am
NEW YORK (AP) — Walmart offered a dose of optimism amid growing concerns over weakening economic growth by raising its annual outlook after a strong second quarter. Sales at stores opened at least a year rose 2.8%, its 20th consecutive quarter in the right direction as the world's largest retailer...
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