Economy

FILE- In this Oct 2, 2018, file photo, a for sale sign stands outside a home on the market in the north Denver suburb of Thornton, Colo. On Thursday, Nov. 15, Freddie Mac reports on this week's average U.S. mortgage rates. (AP Photo/David Zalubowski)
November 15, 2018 - 10:44 am
WASHINGTON (AP) — U.S. long-term mortgage rates were steady to slightly up this week, at their highest levels in nearly eight years and dampening home sales. Mortgage buyer Freddie Mac says the average rate on a 30-year, fixed-rate mortgage was unchanged from last week at 4.94 percent. That's the...
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November 15, 2018 - 8:34 am
WASHINGTON (AP) — U.S. retail sales rose at a healthy pace in October, though the gains were likely boosted by one-time factors such as hurricane recovery spending and higher gas prices. The Commerce Department said Thursday that retail sales rose a seasonally adjusted 0.8 percent last month,...
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FILE- This Nov. 9, 2018, file photo shows a Walmart Supercenter in Houston. Walmart Inc. reports earnings Thursday, Nov. 15. (AP Photo/David J. Phillip, File)
November 15, 2018 - 7:59 am
NEW YORK (AP) — Walmart reported strong sales online and in its established store sales for its fiscal third quarter, and raised profit expectations for the year heading into the holiday shopping season. The report Thursday suggests that efforts by Walmart to improve the experience of its customers...
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A visitor walks in front of private stock trading boards at a private stock market gallery in Kuala Lumpur, Malaysia, Thursday, Nov. 15, 2018. Most Asian stock markets declined Thursday after Wall Street fell for a fifth day and Britain's Cabinet endorsed a draft agreement to leave the European Union. (AP Photo/Yam G-Jun)
November 15, 2018 - 7:43 am
BEIJING (AP) — Global stock markets mostly rose Thursday, though European indexes and the pound sagged as discord within the British government threatened a newly agreed Brexit deal. KEEPING SCORE: German's DAX was flat at 11,417 and France's CAC 40 shed 0.3 percent to 5,054. London's FTSE 100...
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U.S. Vice President Mike Pence, left, and Chinese Premier Li Keqiang interact on stage after a group photo during the 13th East Asian Summit Plenary on the sidelines of the 33rd ASEAN summit in Singapore, Thursday, Nov. 15, 2018. (AP Photo/Yong Teck Lim)
November 15, 2018 - 4:39 am
SINGAPORE (AP) — The U.S. and China offered rival visions for the Asia-Pacific at a summit Thursday of Southeast Asian nations whose economies and strategic interests are deeply entwined with both powers, with Vice President Mike Pence saying there was no room for "empire or aggression" in the...
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Dudley Devine, right, works with fellow traders on the floor of the New York Stock Exchange, Wednesday, Nov. 14, 2018. Energy companies led U.S. stocks broadly higher in early trading Wednesday, wiping out some of the market's losses from a day earlier. (AP Photo/Richard Drew)
November 14, 2018 - 10:10 pm
BEIJING (AP) — Most Asian stock markets declined Thursday after Wall Street fell for a fifth day and Britain's Cabinet endorsed a draft agreement to leave the European Union. KEEPING SCORE: Tokyo's Nikkei 225 lost 0.7 percent to 21,686.71 points and Sydney's S&P-ASX 200 retreated 0.6 percent to...
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FILE- In this Oct. 18, 2017, file photo a person crosses the South Street Bridge spanning the Schuylkill River and view of the Philadelphia skyline. AFor more than a year, cities around the country waited in suspense over whether they'd be chosen as Amazon's second home. “It put Philadelphia in the national (and international) spotlight, increasing our visibility to other companies and showing our viability for other large-scale projects,” said Philadelphia Mayor Jim Kenney in a statement. (AP Photo/Matt Rourke, File)
November 14, 2018 - 6:10 pm
Sometimes losing is winning. Or at least that's what some of the 18 North American cities passed up by Amazon for its new headquarters are telling themselves. After 14 agonizing months of wooing and then waiting for the online retail giant to make up its mind, the finalists learned that instead of...
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Britain's Prime Minister Theresa May delivers a speech outside 10 Downing Street in London, Wednesday, Nov. 14, 2018. British Prime Minister Theresa May says Cabinet agrees draft Brexit deal with European Union after 'impassioned' debate. (AP Photo/Matt Dunham)
November 14, 2018 - 4:08 pm
LONDON (AP) — In a hard-won victory, British Prime Minister Theresa May on Wednesday persuaded her Cabinet to back a draft divorce agreement with the European Union, a decision that triggers the final steps on the long and rocky road to Brexit. But she still faces pitfalls and threats from her...
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November 14, 2018 - 3:42 pm
TRAVERSE CITY, Mich. (AP) — The U.S. Senate has approved a new policy on ships that dump ballast water in coastal ports and the Great Lakes, a practice blamed for spreading invasive species that damage the environment and the economy. The ballast plan is contained in a $10.6 billion Coast Guard...
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FILE- In this Oct. 21, 2018, file photo a long line of unsold 2018 124 convertibles is shown at a Fiat dealership in Highlands Ranch, Colo. On Wednesday, Nov. 14, the Labor Department reports on U.S. consumer prices for October. (AP Photo/David Zalubowski)
November 14, 2018 - 8:31 am
WASHINGTON (AP) — Consumer prices climbed 0.3 percent in October, with higher prices for gasoline, used autos and housing contributing to the increase. The Labor Department says that this measure of inflation has increased 2.5 percent over the past 12 months. Adjusted for rising prices, average...
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