Economy

President Donald Trump waves to the crowd after speaking at a campaign rally at Phoenix Goodyear Airport Wednesday, Oct. 28, 2020, in Goodyear, Ariz. (AP Photo/Ross D. Franklin)
October 29, 2020 - 9:01 pm
DES MOINES, Iowa (AP) — When Joe Biden was last in Iowa, his campaign was on the verge of collapse and he was soundly trounced in the caucuses by a former Indiana mayor nearly 40 years his junior. He returns Friday as the Democratic nominee, believing he's just days away from becoming president-...
Read More
426Democratic presidential candidate former Vice President Joe Biden speaks at a drive-in rally at Broward College, Thursday, Oct. 29, 2020, in Coconut Creek, Fla. (AP Photo/Andrew Harnik)
October 29, 2020 - 7:29 pm
TAMPA, Fla. (AP) — Pressing against stiff headwinds from the pandemic, President Donald Trump steered toward what he hoped was safer political ground with the U.S. economy Thursday, as Democratic rival Joe Biden kept up his assault on Trump’s handling of the coronavirus. Campaigning hours apart in...
Read More
FILE - This combination of photos shows logos for social media platforms Facebook and Twitter. Facebook and Twitter moved quickly this week to limit the spread of a disputed tabloid story promising new twists in the saga of Joe Biden’s relationship with Ukraine. President Donald Trump's campaign quickly seized on the story in the New York Post — but the report raised more questions than answers, including about the authenticity of an email at the center of the story. Wednesday morning Oct. 14, 2020, hours after the story's publication, a Facebook spokesman tweeted that the company was limiting its distribution on the platform.(AP Photo/File)
October 29, 2020 - 2:19 pm
Five technology giants reported mixed earnings results Thursday, a sign of varying fortunes as they try to rebound from an pandemic-related economic slowdown earlier this year. While all five — Amazon, Google parent Alphabet, Facebook, Apple and Twitter — exceeded analyst expectations, gloomy...
Read More
Visitors to the financial district walk past the New York Stock Exchange, Wednesday, Oct. 28, 2020, in New York. U.S. stocks are drifting on Thursday after better-than-expected reports on the economy help stabilize Wall Street following its worst rout in months. (AP Photo/Mary Altaffer)
October 29, 2020 - 1:33 pm
U.S. stocks shook off an early slide and closed broadly higher Thursday as the market steadied after its worst drop in more than four months. The S&P 500 rose 1.2%, bouncing back from a drop of 0.3% in the early going. Traders welcomed encouraging data on the pace of layoffs and how powerfully...
Read More
FILE - In this Sept. 11, 2020 file photo, European Central Bank (ECB) President Christine Lagarde attends a news conference during the Informal Meeting of Economics and Finance Ministers in Berlin, Germany. The European Central Bank held off from strengthening its stimulus programs despite growing concern that a renewed surge in COVID-19 cases could stall the economy’s recovery from the deep downturn early this year. The bank on Thursday, Oct. 29, made no change to its 1.35 trillion ($1.58 trillion) pandemic emergency bond purchase program, which pumps newly created money into the economy to keep credit flowing to businesses and promote economic activity. Hannibal Hanschke/Pool Photo via AP, File)
October 29, 2020 - 9:32 am
FRANKFURT, Germany (AP) — The European Central Bank held off from strengthening its current economic stimulus but its President Christine Lagarde said there was “little doubt” that more action would be coming at its December meeting as surging coronavirus infections and new restrictions on activity...
Read More
In this Oct. 28, 2020, photo, supporters of President Donald Trump listen to him speak during a campaign rally at Phoenix Goodyear Airport in Goodyear, Ariz. Trump is painting an apocalyptic portrait of American life if Democrat Joe Biden gets elected. The president claims that if the Democrat takes over, the suburbs wouldn’t be the suburbs anymore, the economy would slump into its worst depression ever and police departments would cease to exist.(AP Photo/Evan Vucci)
October 29, 2020 - 6:15 am
WASHINGTON (AP) — The suburbs wouldn't be the suburbs anymore, the economy would sink into its worst depression ever and police departments would cease to exist. Even America's older adults would be left to figure out how to get by without heat, air conditioning or electricity. This is the...
Read More
FILE - In this July 15, 2020, file photo, job seekers exercise social distancing as they wait to be called into the Heartland Workforce Solutions office in Omaha, Neb. For the first time in nearly 50 years, older workers are facing higher unemployment than midcareer workers, according to a study released Tuesday, Oct. 20, 2020, from the New School. (AP Photo/Nati Harnik, File)
Associated Press
October 29, 2020 - 6:01 am
WASHINGTON (AP) — The number of Americans seeking unemployment benefits fell last week to 751,000, the lowest since March, but it's still historically high and indicates the viral pandemic is forcing many employers to cut jobs. Applications for unemployment aid fell 40,000 from the previous week,...
Read More
A man looks at his smartphone as he walks past a sign advertising 5G services at the PT Expo in Beijing, Wednesday, Sept. 14, 2020. China's leaders vowed Thursday, Oct. 29, 2020, to speed up its development as a self-reliant "technology power" amid a feud with Washington that is cutting access to U.S. components and hampering Beijing's industrial ambitions. (AP Photo/Mark Schiefelbein)
October 29, 2020 - 4:21 am
BEIJING (AP) — China’s leaders vowed Thursday to create a self-reliant “technology power” as a feud with Washington cuts access to U.S. processor chips and other high-tech components, hampering Beijing’s industrial ambitions. Leaders of the ruling Communist Party made the announcement after a...
Read More
In this photo released by Indonesian Ministry of Foreign Affairs, U.S. Secretary of State Mike Pompeo, left, and Indonesian Foreign Minister Retno Marsudi pose for photographers during their meeting in Jakarta, Indonesia, Thursday, Oct. 29, 2020. Pompeo renewed the Trump administration's rhetorical onslaught against China in Indonesia on Thursday as the American presidential election looms. (Indonesian Ministry of Foreign Affairs via AP)
October 29, 2020 - 12:39 am
JAKARTA, Indonesia (AP) — U.S. Secretary of State Mike Pompeo renewed the Trump administration’s rhetorical onslaught against China in Indonesia on Thursday as the American presidential election looms. With China a central theme in President Donald Trump’s campaign to win a second term in just five...
Read More
A currency trader walks by the screen showing the Korea Composite Stock Price Index (KOSPI) at the foreign exchange dealing room in Seoul, South Korea, Thursday, Oct. 29, 2020. Asian shares logged moderate losses on Thursday and U.S. futures turned higher after the S&P 500 slid 3.5% overnight for its biggest drop since June. (AP Photo/Lee Jin-man)
October 28, 2020 - 8:47 pm
Asian shares declined Thursday and U.S. futures turned higher after the S&P 500 slid 3.5% overnight for its biggest drop since June. The selling in U.S. markets followed broad declines in Europe, where the French president announced tough measures to slow the virus’ spread and German officials...
Read More

Pages