economy

US stocks mixed ahead of more China-US trade talks

Stocks wavered between small gains and losses in morning trading on Wall Street Tuesday as U.S. markets reopened following the Presidents Day holiday and as investors sized up the latest company earnings reports. Losses in financial, industrial and energy stocks outweighed gains in consumer goods and communications companies. Investors are keeping a close eye on … Continue reading US stocks mixed ahead of more China-US trade talks

JOHANNESBURG | South Africa’s former leader joins Twitter amid legal woes

JOHANNESBURG— South Africa’s former president, who faces corruption charges, has taken to Twitter. “It’s me, Jacob Zuma,” the ex-leader says in an introductory video posted on the social media site in the last few days. Zuma says “you will get used to me” and that he intends to join the national conversation. He says he … Continue reading JOHANNESBURG | South Africa’s former leader joins Twitter amid legal woes

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