Business

Wine bottles sit in a boutique shop in Le Cannet-des-Maures, in the Provence region, Thursday Oct. 10, 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)
Associated Press
October 18, 2019 - 5:39 am
PARIS (AP) — French vintners are begging for government aid. Italian farmers are scrambling for new export markets. And American shoppers are about to face supermarket sticker shock on European products. Some $7.5 million in U.S. tariffs on European food, wine and other goods took effect Friday, in...
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FILE - In this May 14, 2019, fiel photo, containers are piled up at a port in Qingdao in east China's Shandong province. China’s economic growth slowed to a 26-year low in the latest quarter as a tariff war with Washington weighed on exports and auto sales and other domestic activity weakened. The world’s second-largest economy expanded by 6.2 percent in the three months ending in September, down from the previous quarter’s 6 percent, data showed Friday, Oct. 18, 2019. (Chinatopix via AP, File)
Associated Press
October 18, 2019 - 4:05 am
BEIJING (AP) — China's economic growth sank to a new multi-decade low in the latest quarter as a trade war with Washington deepened a slump that is weighing on the global economy. Growth in the world's second-largest economy slipped to 6% in the three months ending in September, down from the...
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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)
Associated Press
October 17, 2019 - 5:58 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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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)
Associated Press
October 17, 2019 - 6:01 am
WASHINGTON (AP) — U.S. home building fell last month, driven by a sharp decline in the construction of new apartments. The Commerce Department said Thursday that housing starts dropped 9.4% to a seasonally adjusted annual rate of 1.26 million. The construction of new apartments plunged 28.3% to an...
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Ryan Piper with the United Auto Workers continues to picket after news of a tentative contract agreement with General Motors, in Langhorne, Pa., Wednesday, Oct. 16, 2019. Bargainers for General Motors and the United Auto Workers reached a tentative contract deal on Wednesday that could end a monthlong strike that brought the company's U.S. factories to a standstill. (AP Photo/Matt Rourke)
Associated Press
October 16, 2019 - 8:17 pm
DETROIT (AP) — On the picket lines at a General Motors transmission plant in Toledo, Ohio, passing cars honked and striking workers celebrated a tentative contract deal by munching on 10 pizzas dropped off by a supporter. They had carried signs for 31 days and demonstrated the muscle the United...
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In this Sept. 23, 2019, photo shoppers examine refrigerators at a Home Depot store location, in Boston. On Wednesday, Oct. 16, the Commerce Department releases U.S. retail sales data for September. (AP Photo/Steven Senne)
Associated Press
October 16, 2019 - 6:56 am
WASHINGTON (AP) — Retail sales dropped in September by the largest amount in seven months, possibly signaling that rising trade tensions and turbulent markets are having an impact on consumer spending. Retail sales fell 0.3% last month following a 0.6% gain in August, the Commerce Department...
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Ethan MIller/Getty Images
Associated Press
October 16, 2019 - 5:50 am
MGM Resorts International announced the sale Tuesday of two casinos that will significantly alter its portfolio of Las Vegas Strip properties and offer up cash.
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FILE - In this Oct. 8, 2019, file photo trader Mark Puetzer, center, works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Tuesday, Oct. 15. (AP Photo/Richard Drew, File)
Associated Press
October 15, 2019 - 12:32 pm
Stocks notched solid gains on Wall Street Tuesday as investors welcomed surprisingly good quarterly results from some of the nation's biggest companies. Strong earnings from UnitedHealth Group, JPMorgan Chase and other companies helped lift the market, erasing modest losses from a day earlier...
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FILE - In this Aug. 6, 2019, file photo, a woman walks by a money exchange shop decorated with different countries currency banknotes at Central, a business district in Hong Kong. The IMF’s latest World Economic Outlook comes on the eve of meetings in Washington this week of the IMF and its sister lending organization, the World Bank. (AP Photo/Kin Cheung, File)
Associated Press
October 15, 2019 - 8:48 am
WASHINGTON (AP) — The International Monetary Fund is further downgrading its outlook for the world economy, predicting that growth this year will be the weakest since the 2008 financial crisis, primarily because of widening global conflicts. The IMF's latest World Economic Outlook released Tuesday...
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FILE - In this Oct. 9, 2019, file photo a member of the United Auto Workers walks the picket line at the General Motors Romulus Powertrain plant in Romulus, Mich. General Motors CEO Mary Barra joined negotiators at the bargaining table Tuesday, Oct. 15, an indication that a deal may be near to end a monthlong strike by members of the United Auto Workers union that has paralyzed the company’s factories. (AP Photo/Paul Sancya, File)
Associated Press
October 15, 2019 - 8:47 am
DETROIT (AP) — General Motors CEO Mary Barra joined negotiators at the bargaining table, an indication that a deal may be near to end a monthlong strike by members of the United Auto Workers union that has paralyzed the company's factories. Barra and GM President Mark Reuss were in the bargaining...
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