Financial markets
Slower manufacturing likely drag on small business optimism
The growing evidence of a slowdown in manufacturing is likely contributing to the dip in small business optimism that began early in the year.Reports this month from the government and an industry group point to a drop in manufacturing activity. While the manufacturing sector is a relatively small part of ...
For Venezuela’s 1 percent, a lavish wedding amid crisis
It was the sort of celebration that's become rare in troubled Venezuela: a lavish destination wedding of two young entrepreneurs at a dude ranch on the country's vast tropical plains, a region known for its rugged cowboys on horseback rounding up cattle — and where camps like this one cater ...
Asian shares sink, tracking Friday’s retreat on Wall Street
Shares tumbled in Asia on Monday after Wall Street ended last week with a broad retreat, while Thailand's market saw a moderate loss following a general election that appeared likely to keep the incumbent, junta-backed prime minister in power.Japan's Nikkei 225 stock index skidded 3.1 percent to 20,962.77, while the ...
Asian shares sink, tracking Friday’s retreat on Wall Street
Shares tumbled in Asia on Monday after Wall Street ended last week with a broad retreat, while Thailand's market saw a moderate loss following a general election that appeared likely to keep the incumbent, junta-backed prime minister in power.Japan's Nikkei 225 stock index tumbled 3.2 percent to 20,930.27, while the ...
Kimberly family finds its niche in mint
You may not recognize a mint farmer by the looks of him, but his aromatic crop is unmistakable. Its sweet, spicy-cool scent makes mint one of man's most valued herbs.Black Mitcham peppermint resembles alfalfa in the field, but its dark green foliage puts off an odd purple hue, puzzling those ...
Stock indexes slide lower as economic growth worries spread
Stocks are sliding on Wall Street Friday and bond yields are moving sharply lower as investors worry that global economic growth is slowing.Banks and technology companies led the declines, which wiped out the market's gains for the week.Citigroup led a slump in banks with a 4.9 percent loss as bond ...
Markets Right Now: Stocks are off to a mixed start
The latest on developments in financial markets (all times local):9:35 a.m.Stocks are off to a mixed start on Wall Street as gains by technology and consumer goods companies offset declines elsewhere in the market.Apple picked up 1.9 percent in early trading Thursday.Banks and health care companies were broadly lower.Biogen slumped ...
Stocks move lower ahead of Federal Reserve policy decision
U.S. stocks fell broadly in midday trading on Wall Street Wednesday ahead of the latest interest rate policy decision by the Federal Reserve.Health care and technology companies led the market lower as investors favored safer holdings in the utilities and real estate sectors. Microsoft and Apple edged lower, dragging other ...
World markets mostly lower as investors await Fed report
Shares were mostly falling in Europe after a lackluster day of trading in Asia and U.S. markets appeared set for a slightly higher open ahead of the Federal Reserve's policy statement. Germany's DAX sank 1.2 percent to 11,644, dragged down by a profit warning by BMW and a court ruling against ...
BMW warns profits will fall due to costs, trade uncertainty
German automaker BMW says its profits this year will be "well below" last year's due to higher raw materials prices, the costs of compliance with tougher emissions requirements and unfavorable shifts in currency exchange rates.The Munich-based automaker also said Wednesday it faced increased uncertainty due to international trade conflicts that ...
Update: Markets cautious ahead of Fed statement
The Latest on the Federal Reserve's monetary policy meeting (all times local):4:45 a.m.Stock markets are subdued ahead of a monetary policy statement by the U.S. Federal Reserve in which the central bank is expected to say it will be patient about raising interest rates further.Futures for the Dow and the ...
Pocketbook issues eclipsed by military role in Thai election
Pocketbook issues may not sway the outcome of Sunday's election in Thailand, given the bigger debate among voters over whether they support or oppose the military junta that has ruled the country since a 2014 coup.Experts say that widespread dissatisfaction, especially among the have-nots, with how the economy is doing ...
Venezuelans find ways to cope with inflation and hunger
Francibel Contreras brings her three malnourished children to a soup kitchen in the dangerous hillside Caracas slum of Petare where they scoop in spoonfuls of rice and scrambled eggs in what could be their only meal of the day.Part of the tragedy of daily life in socialist Venezuela can be ...
Technology companies and banks lead early gains for stocks
U.S. stocks edged higher in early trading on Wall Street Tuesday as the market extended a winning streak well into a second week.Technology companies, retailers and banks posted some of the biggest gains.Chipmakers were among the biggest winners in the early going. Advanced Micro Devices jumped 5.6 percent, and Nvidia ...
Asian shares mixed in muted trading ahead of US Fed meeting
Asian shares were mixed in muted trading Tuesday as investors awaited the U.S. Federal Reserve meeting later in the week.Japan's benchmark Nikkei 225 lost nearly 0.1 percent to 21,566.85. Australia's S&P/ASX 200 edged 0.1 percent lower to 6,184.80 and South Korea's Kospi inched down less than 0.1 percent to 2,177.62. ...
US stocks drift higher; S&P 500 gets closer to record high
U.S. stock indexes drifted upward Monday at the start of a busy week for markets, and the S&P 500 inched back within a few good days of its record high set last autumn. Energy companies and banks had some of the biggest gains, and the S&P 500 has climbed to within ...
Asian shares advance as investors watch US-China trade talks
Shares rose in Asia on Monday as investors awaited signs the U.S. and China could be making progress in negotiations on resolving the trade war between the two biggest economies.Hong Kong's Hang Seng gained 1.0 percent to 29,305.33, while the Shanghai Composite jumped 2 percent to 3,082.39.Japan's benchmark Nikkei 225 ...
Fresh rallies against al-Bashir as Sudan secures $300M loans
Hundreds of Sudanese took part in anti-government protests in the capital and other cities on Sunday as the government announced it had secured $300 million in loans to address the economic crisis that triggered the unrest.The demonstrations began in December over price hikes and food shortages, and quickly escalated into ...
US stocks move broadly higher, aiming for weekly gains
U.S. stocks opened broadly higher on Wall Street Friday, led by technology and retail companies, putting the market on track for a strong finish to the week.The market is trying to erase last week's sharp drop, which marked the worst week of the year. Othewise it's been a strong showing ...
New history center exhibit tells story of sports in Ohio
Ohio has no shortage of elite athletes, such as LeBron James, Jack Nicklaus and Archie Griffin.A new exhibit opening Saturday at the Ohio History Center will put a spotlight on Ohioans and their roles in shaping the nation's sports history. Ohio-Champion of Sports will remain open at least through September ...
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