recent months

Technology companies lead slide in US stocks; Oil rising

U.S. stocks fell in morning trading Friday, adding to modest losses from a day earlier. Losses in technology and health care stocks outweighed gains elsewhere in the market. Energy companies led the gainers as crude oil prices rose on news that OPEC members will elect to cut production. The government said job growth in November … Continue reading Technology companies lead slide in US stocks; Oil rising

WASHINGTON | US hiring slowed to 155K jobs, jobless rate stayed 3.7%

WASHINGTON  — U.S. employers added 155,000 jobs in November, a slowdown from recent months but enough to suggest that the economy is expanding at a solid pace despite sharp gyrations in the stock market. The Labor Department said Friday that the unemployment rate remained 3.7%, nearly a five-decade low, for the third straight month. Average … Continue reading WASHINGTON | US hiring slowed to 155K jobs, jobless rate stayed 3.7%

VIENNA | OPEC ministers, Russia, meeting for oil production cut talks

VIENNA  — OPEC countries are mulling a possible cut to oil production in an attempt to stabilize prices as they meet for a second straight day. Heavyweight Saudi Arabia has been pushing a cut of about 1 million barrels a day, but the oil cartel was not able to make a decision on Thursday. Analysts … Continue reading VIENNA | OPEC ministers, Russia, meeting for oil production cut talks

ALBUQUERQUE, N.M | Bankruptcy filing provides rare window into diocese finances

ALBUQUERQUE, N.M.— New Mexico’s largest Catholic diocese has spent hundreds of thousands of dollars in recent months on lawyers to fight claims of clergy sex abuse and to prepare for a potentially lengthy battle in U.S. Bankruptcy Court. The Archdiocese of Santa Fe’s petition for reorganization provides a rare look into the finances of a … Continue reading ALBUQUERQUE, N.M | Bankruptcy filing provides rare window into diocese finances

WASHINGTON | The Latest: George HW Bush’s remains arrive for ceremony

WASHINGTON— The Latest on events related to late former President George H.W. Bush (all times local): 11:45 a.m. George H.W. Bush’s remains have made the journey from a Houston funeral home to Ellington Field, where a presidential aircraft will carry them to Washington for a state funeral. Texas Land Commissioner George P. Bush, one of … Continue reading WASHINGTON | The Latest: George HW Bush’s remains arrive for ceremony

WASHINGTON | The Latest: Jimmy Carter to attend George HW Bush’s funeral

WASHINGTON — The Latest on events related to late former President George H.W. Bush (all times local): 10:45 a.m. A hearse carrying the casket of former President George H.W. Bush has left a Houston funeral home. The casket was draped in an American flag and was carried by six pallbearers on Monday morning. It was … Continue reading WASHINGTON | The Latest: Jimmy Carter to attend George HW Bush’s funeral

WASHINGTON | US-China trade truce seen boosting US stock market

WASHINGTON— The truce in the trade dispute between the U.S. and China should boost rattled financial markets, at least likely through year’s end, experts say. But the stock market’s wild gyrations of recent months likely will persist as the two countries strain to reach a permanent accord. “The all-clear sign hasn’t flashed yet but it’s … Continue reading WASHINGTON | US-China trade truce seen boosting US stock market

NEW YORK | Suddenly, luxury stores miss free-spending Chinese tourists

NEW YORK  — There was something missing at the luxury jeweler Tiffany & Co. in recent months: Chinese tourists. For the second time in as many months, a big seller of high-end goods noticed that a particularly crucial demographic of its shopping base had made itself sparse, damaging sales and stoking fears of worse to … Continue reading NEW YORK | Suddenly, luxury stores miss free-spending Chinese tourists