Economy

FILE - In this March 31, 2008 file photo, Argentina's President Cristina Fernandez, left, talks to her Chief of Cabinet, Alberto Fernandez, during a meeting at the presidential palace in Buenos Aires. Cristina Fernandez announced on Saturday her candidacy for vice president in October's general elections on Saturday, May 18, 2019, and that Alberto Fernández will run for the presidency against conservative President Mauricio Macri. (AP Photo/Natacha Pisarenko, File)
May 18, 2019 - 3:17 pm
BUENOS AIRES, Argentina (AP) — Argentina's former President Cristina Fernández announced on Saturday her candidacy for vice president in October's general elections, a surprising move that now puts a more moderate challenger at the helm of the presidential ticket. In a video posted on Twitter on...
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President Donald Trump speaks at the National Association of REALTORS Legislative Meetings and Trade Expo, Friday, May 17, 2019, in Washington. (AP Photo/Alex Brandon)
May 18, 2019 - 6:23 am
WASHINGTON (AP) — The Latest on President Donald Trump and U.S. trade tariffs (all times local): 4:50 p.m. Mexico's National Chamber of the Iron and Steel Industry is congratulating the country's officials on the agreement reached with the United States on ending steel and aluminum tariffs. The...
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Customers sit inside a Luckin Coffee shop at a shopping center in Beijing, Saturday, May 18, 2019. Shares of Luckin Coffee, a fast-growing rival to Starbucks in China, rose 20% in their U.S. stock market debut Friday. (AP Photo/Mark Schiefelbein)
May 18, 2019 - 4:43 am
NEW YORK (AP) — Shares of Luckin Coffee, a fast-growing rival to Starbucks in China, rose 20% in their U.S. stock market debut Friday. The Chinese company, which opened its first store in Beijing less than two years ago, has 2,370 locations and plans to surpass the 3,700 stores Starbucks has in...
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President Donald Trump arrives at John F. Kennedy Airport Thursday, May 16, 2019, in New York. Trump is in New York for a fundraiser. (AP Photo/Evan Vucci)
May 17, 2019 - 5:14 pm
WASHINGTON (AP) — Bogged down in a sprawling trade dispute with U.S. rival China, President Donald Trump took steps Friday to ease tensions with America's allies — lifting import taxes on Canadian and Mexican steel and aluminum and delaying auto tariffs that would have hurt Japan and Europe. By...
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FILE - In this May 9, 2019, file photo trader Craig Spector works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, May 17. (AP Photo/Richard Drew)
May 17, 2019 - 4:17 pm
NEW YORK (AP) — The latest on developments in financial markets (all times local): 4:00 p.m. Stocks ended the day lower on Wall Street Friday and notched their second-straight weekly loss as investors were whipsawed by contradictory reports on the Trump administration's array of trade fights...
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May 17, 2019 - 3:40 pm
NEW YORK (AP) — A rare mix of geopolitical tensions in the Middle East and China is tugging oil prices in opposite directions and creating uncertainty over where they might land. Deteriorating trade talks between the United States and China, the world's two largest economies, are posing a serious...
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President Donald Trump walks towards the Oval Office after speaking about immigration in the Rose Garden at the White House, Thursday, May 16, 2019, in Washington. (AP Photo/Andrew Harnik)
May 17, 2019 - 2:12 pm
WASHINGTON (AP) — The largest outside Democratic group said Friday that the key to defeating Donald Trump is to focus on pocketbook issues and not fall prey to the president's efforts to tag the party as a band of socialists. Priorities USA says polling indicates voters in key battleground states...
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FILE - In this May 10, 2019, file photo John Deere Agricultural machinery made by Deere & Company sits staged for transport near cranes at the Port of Tacoma in Tacoma, Wash. Deere’s fiscal second-quarter earnings were a mixed bag and the agricultural equipment maker lowered its full-year outlook as the trade war between the U.S. and China intensifies and conditions in the agricultural sector soften. (AP Photo/Ted S. Warren, File)
May 17, 2019 - 1:07 pm
Deere cut its profit and sales expectations for the year as a trade war between the U.S. and China escalates and farmers try to recover from a planting season besieged by heavy rains. Prices of soybeans targeted by Chinese tariffs last year fell to a 10-year low this week as the countries traded...
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Australian Labor Party leader Bill Shorten, right, pauses after placing a floral tribute to the late former Australian Prime Minster Bob Hawke at the Opera House in Sydney, Friday, May 17, 2019. A federal election will be held in Australian on Saturday May 18, 2019. (Lukas Coch/AAP Image via AP)
May 16, 2019 - 11:43 pm
CANBERRA, Australia (AP) — Australia's opposition leader said he wants to win elections on Saturday for his Australian political hero whose death overshadows the final days of campaigning. The death of former Prime Minister Bob Hawke at his Sydney home on Thursday has turned the national focus to...
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People walk past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Friday, May 17, 2019. Asian stocks were mixed on Friday amid worries that U.S. economic sanctions on Huawei would put a drag on trade negotiations with China. (AP Photo/Eugene Hoshiko)
May 16, 2019 - 11:24 pm
SINGAPORE (AP) — Asian stocks were mixed on Friday amid worries that U.S. economic sanctions on Huawei would cast a pall on trade negotiations with China. Hong Kong's Hang Seng shed 0.4% to 28,161.89 while Japan's benchmark Nikkei 225 jumped 1.6% to 21,391.53. The Kospi in South Korea added 0.2% to...
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