economy

LONDON | UK’s key services sector barely growing amid Brexit concern

LONDON— New data shows that Britain’s huge services sector is struggling in the face of Brexit. A closely watched survey from financial data firm IHS Markit and the Chartered Institute of Procurement and Supply shows that activity in the services sector was at its lowest since July 2016, just after the country voted to leave … Continue reading LONDON | UK’s key services sector barely growing amid Brexit concern

WASHINGTON | Powell sees potential threats from global slowdown

WASHINGTON — Federal Reserve Chairman Jerome Powell says the U.S. economy is performing well but he’s eyeing potential risks ahead. Those include a slowdown in global growth, the fading impact from tax cuts and the cumulative weight of the Fed’s own interest rate hikes. Speaking Wednesday to an audience at the Federal Reserve Bank of … Continue reading WASHINGTON | Powell sees potential threats from global slowdown

ANTANANARIVO, Madagascar | Madagascar to vote for familiar faces in presidential polls

ANTANANARIVO, Madagascar — Voters in Madagascar will go to the polls Wednesday to elect a president with hopes that a new leader will take this Indian Ocean island nation out of chronic poverty and corruption. The 36 candidates have all promised to improve the country’s economy and end graft but political analysts say the three … Continue reading ANTANANARIVO, Madagascar | Madagascar to vote for familiar faces in presidential polls

WASHINGTON | The Latest: Trump claims Dems will take wrecking ball to US

WASHINGTON— The Latest on President Donald Trump and midterm elections (all times local): 6:45 p.m. President Donald Trump is making a final elections argument by claiming that Democrats will take a “wrecking ball to our economy and to the future of our country.” Trump made the second of his final three rally stops on Monday … Continue reading WASHINGTON | The Latest: Trump claims Dems will take wrecking ball to US

WASHINGTON | The Latest: Trump administration Iran sanctions take effect

WASHINGTON — The Latest on the Trump administration’s sanctions against Iran (all times local): 8:50 a.m. The Trump administration’s tough new sanctions on Iran have taken effect, but eight major importers of Iranian oil are being spared from immediate penalties. The sanctions target Iran’s energy, financial and shipping sectors and are aimed at crippling the … Continue reading WASHINGTON | The Latest: Trump administration Iran sanctions take effect

DENVER | Economy, energy and Trump dominate Colorado governor’s race

DENVER — Colorado Democratic U.S. Rep. Jared Polis is banking on his wealth, entrepreneurial experience and anti-Donald Trump sentiment as he seeks to win over independents in his quest to succeed term-limited centrist Democrat Gov. John Hickenlooper. Polis’ Republican opponent, state Treasurer Walker Stapleton, is appealing to Colorado’s large independent voting bloc, calling the liberal … Continue reading DENVER | Economy, energy and Trump dominate Colorado governor’s race

NEW YORK | Strong economic signs lift US stocks; bond prices drop

NEW YORK  — Encouraging reports on hiring and growth in the service sector sent small companies and banks higher Wednesday and knocked bond prices into a tailspin. The yield on the benchmark 10-year Treasury note spiked to its highest level in more than seven years. Both reports were stronger than analysts expected and suggest the … Continue reading NEW YORK | Strong economic signs lift US stocks; bond prices drop

WASHINGTON | Trump hosting Chilean leader at the White House

WASHINGTON — President Donald Trump is meeting with President Sebastian Pinera of Chile at the White House for talks on the economy and Venezuela. Trump was welcoming Pinera to the Oval Office on Friday for the conservative leader’s first visit since he returned to Chile’s presidency last spring. Trump earlier this week imposed financial sanctions … Continue reading WASHINGTON | Trump hosting Chilean leader at the White House