september

BERLIN | German trade surplus narrows as imports outpace exports

BERLIN — Import growth outpaced that of exports in October in Germany, narrowing the trade surplus of Europe‘s largest economy. The Federal Statistical Office said Monday that October exports were up 0.7 percent and imports up 1.3 percent compared with September, in calendar and seasonally adjusted terms. That lowered the trade surplus to 17.3 billion … Continue reading BERLIN | German trade surplus narrows as imports outpace exports

TOKYO | Japan: Economy shrank at 2.5 percent annualized rate

TOKYO — Japan’s economy shrank at an annualized rate of 2.5 percent in July-September, a worse contraction than preliminary data indicated last month. The earlier data put the contraction at 1.2 percent, as consumer spending, investment and exports fell. The revised data released Monday by the government Cabinet Office shows seasonally adjusted gross domestic product … Continue reading TOKYO | Japan: Economy shrank at 2.5 percent annualized rate

S&P 500 slides into ‘correction’ for second time this year

U.S. stocks closed lower after a shortened session Friday, bumping the benchmark S&P 500 index into a correction, or drop of 10 percent below its most recent all-time high in September. Energy companies led the market slide as the price of U.S. crude oil tumbled to its lowest level in more than a year, reflecting … Continue reading S&P 500 slides into ‘correction’ for second time this year

S&P 500 slides into ‘correction’ for second time this year

U.S. stocks closed lower after a shortened session Friday, bumping the benchmark S&P 500 index into a correction, or drop of 10 percent below its most recent all-time high in September. Energy companies led the market slide as the price of U.S. crude oil tumbled to its lowest level in more than a year, reflecting … Continue reading S&P 500 slides into ‘correction’ for second time this year

WASHINGTON | US industrial production ticks up 0.1 percent in October

WASHINGTON— U.S. industry expanded slightly in October, with manufacturing growth offsetting declines in mining and utility production. Industrial production ticked up a modest 0.1 percent, the fifth straight monthly gain, following a 0.2 percent advance in September and a sizable 0.8 percent advance in August, the Federal Reserve reported Friday. The Fed said that recent … Continue reading WASHINGTON | US industrial production ticks up 0.1 percent in October

WASHINGTON | US October budget deficit jumps to $100.5 billion

WASHINGTON  — The federal government recorded a deficit of $100.5 billion in October, a big increase from a year ago that was primarily caused by quirks in the calendar. The Treasury Department said Tuesday that the deficit shot up 59 percent from the same month a year ago. Last year’s October deficit was smaller because … Continue reading WASHINGTON | US October budget deficit jumps to $100.5 billion

AP Source: Jimmy Butler going to 76ers from Minnesota

Jimmy Butler is headed to Philadelphia, ending the weeks-long saga of him wanting out of Minnesota. A person with knowledge of the situation says Butler is being traded to the 76ers in a package that will send Dario Saric and Robert Covington to the Timberwolves. The person spoke to The Associated Press on condition of … Continue reading AP Source: Jimmy Butler going to 76ers from Minnesota

NEW YORK | Ariana Grande’s new song references exes Davidson, Miller

NEW YORK  — Ariana Grande has released a song referencing her exes — including former fiance and “SNL” star Pete Davidson and the late Mac Miller. The midtempo song “Thank U, Next” references past splits and expresses gratitude for what she has learned from the relationships. She talks about a Sean — she dated rapper … Continue reading NEW YORK | Ariana Grande’s new song references exes Davidson, Miller