Economy

A woman holds a poster reading:'The culture dies' as she attends a protest of people working in the entertainment and event industry against the German government's economic policies to combat the spread of the coronavirus and COVID-19 disease and demand more support for their business, in Berlin, Germany, Wednesday, Oct. 28, 2020. (Photo/Markus Schreiber)
October 28, 2020 - 1:07 pm
BERLIN (AP) — German officials agreed to impose a four-week partial lockdown and the French government prepared to announce its own new restrictions Wednesday as European governments sought to stop a fast-rising tide of coronavirus cases sweeping the continent. The World Health Organization says...
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A pedestrian pass the New York Stock Exchange, Friday, Oct. 2, 2020, in New York. Stocks around the world are falling sharply Wednesday, Oct. 28, on worries the worsening pandemic will push governments to bring back restrictions on businesses. (AP Photo/John Minchillo)
October 28, 2020 - 10:48 am
NEW YORK (AP) — Stocks around the world are tumbling Wednesday on worries the worsening pandemic will mean more restrictions on businesses and drag down the economy. The S&P 500 slumped 2.7% in morning trading on Wall Street, heading for a third straight loss. It’s already down 4.8% this week,...
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People wearing face masks walk past a bank's electronic board showing the Hong Kong share index in Hong Kong, Wednesday, Oct. 28, 2020. Asian shares headed lower Wednesday on worries about rising virus counts and Washington's inability to deliver more aid to the economy. (AP Photo/Kin Cheung)
October 27, 2020 - 10:50 pm
TOKYO (AP) — Asian shares headed lower Wednesday on worries about rising virus counts and Washington's inability to deliver more aid to the economy. The uncertainty surrounding the upcoming U.S. election also has regional market players hesitant to make big moves. Japan's benchmark Nikkei 225 fell...
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Democratic presidential candidate former Vice President Joe Biden leaves after speaking at Mountain Top Inn & Resort, Tuesday, Oct. 27, 2020, in Warm Springs, Ga. (AP Photo/Andrew Harnik)
October 27, 2020 - 10:04 pm
WARM SPRINGS, Ga. (AP) — Joe Biden traveled Tuesday to the hot springs town where Franklin Delano Roosevelt coped with polio to declare the U.S. is not too politically diseased to overcome its health and economic crises, pledging to be the unifying force who can "restore our soul and save this...
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FILE - In this Tuesday, Sept. 15, 2020, file photo, passers-by examine a storefront window in Boston's fashionable Newbury Street shopping district. U.S. consumer confidence dipped slightly in October as a new wave of coronavirus cases began across the country. The Conference Board reported Tuesday, Oct. 27, 2020, that its consumer confidence index fell to a reading of 100.9, from 101.8 in September. (AP Photo/Steven Senne)
October 27, 2020 - 10:36 am
SILVER SPRING, Md. (AP) — U.S. consumer confidence dipped slightly in October as a new wave of coronavirus cases appeared across the country. The Conference Board reported Tuesday that its consumer confidence index fell to a reading of 100.9, from 101.8 in September, but still remains well below...
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FILE - In this Sept. 20, 2019, file photo, Maurine Carter works on the wiring of a stove in LaFayette, Ga. Orders to American factories for big-ticket goods rebounded last month from a disastrous April as the U.S. economy began to slowly reopen. The Commerce Department said that orders for manufactured goods meant to last at least three years shot up 15.8% in May after plunging 18.1% in April.(Erin O. Smith/Chattanooga Times Free Press via AP, File)
October 27, 2020 - 9:41 am
WASHINGTON (AP) — Orders to U.S. factories for big-ticket manufactured goods rose a stronger-than-expected 1.9% in September with a key category that tracks business investment showing a solid gain as well. The uptick in orders followed a smaller 0.4% increase in August and was the best gain since...
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A newly constructed home is shown for sale, Thursday, Oct. 15, 2020, in Surfside, Fla. U.S. home prices posted a robust gain in August — another sign that the American housing market remains strong despite economic fallout from the coronavirus pandemic. (AP Photo/Wilfredo Lee)
October 27, 2020 - 9:28 am
WASHINGTON (AP) — U.S. home prices posted a robust gain in August — another sign that the American housing market remains strong despite economic fallout from the coronavirus pandemic. The S&P CoreLogic Case-Shiller 20-city home price index, released Tuesday, showed that home prices climbed 5.2...
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An employee closes his cafeteria before curfew in Barcelona on Monday, Oct. 26, 2020. Spain orders nationwide curfew to stem worsening outbreak. Spanish Prime Minister Pedro Sánchez has declared a second nationwide state of emergency in hopes of stemming a resurgence in coronavirus infections. (AP Photo/Emilio Morenatti)
October 27, 2020 - 7:45 am
MADRID (AP) — The Spanish government plans to increase taxes on big corporations and the wealthy and use 27 billion euros ($31.8 billion) in European grants as it tries to reverse one of the deepest coronavirus-related slumps among developed economies. The country is grappling with a resurgence of...
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This May 7, 2020, file photo, shows a Dunkin' Donuts at the Greater Pittsburgh International Airport in Moon, Pa. The Dunkin’ doughnuts and coffee chain confirmed it's held talks to be taken private by a private equity firm, sending shares rocketing to an all-time high at the opening bell Monday, Oct. 26, 2020.(AP Photo/Gene J. Puskar, File)
October 26, 2020 - 5:20 pm
The Dunkin’ doughnuts and coffee chain has confirmed it's held talks to be taken private by a private equity firm, sending its shares rocketing to an all-time high Monday. Dunkin’ Brands Group said it’s in preliminary discussions with Inspire Brands, which also owns Arby’s and Jimmy John’s...
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FILE - In this Monday, Sept. 21, 2020, file photo, a Wall Street street sign is framed by a giant American flag hanging on the New York Stock Exchange in New York. Stocks are falling in early trading on Wall Street Monday, Oct. 26, 2020, and deepening last week’s losses. (AP Photo/Mary Altaffer, File)
October 26, 2020 - 5:01 pm
U.S. stocks fell sharply Monday as a troubling increase in coronavirus counts put investors in a selling mood. The skid came as doubts mount on Wall Street that Washington will come through with more stimulus for the economy before Election Day. The S&P 500 slid 1.9%, its biggest single-day...
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