US stocks rise in early trading on mixed company earnings

Business 02/22/19, 10:19

Technology and energy companies led U.S. stocks modestly higher in early trading Friday, erasing some of the market's losses from a day earlier, as investors weighed a mixed batch of corporate earnings reports. Wayfair vaulted higher after reporting quarterly results that topped Wall Street's forecasts. Kraft Heinz plunged after disclosing a ...

As polls loom, Erdogan offers struggling Turks cheaper veg

Europe 02/22/19, 06:13

The government of Turkish President Recep Tayyip Erdogan is offering cheaper vegetables to help people with soaring inflation and as he looks to shore up support for local elections next month.The government has set up dozens of stalls in at least six cities where produce is sold at almost half ...

Asian shares mostly lower as investors watch trade talks

Business 02/22/19, 00:08

Asian shares were mostly lower Friday after a slide on Wall Street as nervous investors eyed U.S.-China trade talks in Washington. Japan's benchmark Nikkei 225 slipped 0.3 percent to 21,402.57 in morning trading. Australia's S&P/ASX 200 gained 0.4 percent to 6,165.00. South Korea's Kospi fell 0.4 percent to 2,220.23, while Hong ...

Stocks head lower, threatening to break a winning streak

Business 02/21/19, 10:45

U.S. stocks headed lower in early trading Thursday, putting the S&P 500 index on pace for just its fourth decline this month. The losses were widespread, with health care, communications and technology companies accounting for much of the decline. A mixed batch of reports on the U.S. economy helped keep markets in ...

European Central Bank feared slowdown worse than expected

Europe 02/21/19, 07:36

Top officials of the European Central Bank worried at their last meeting that the slowdown in economic growth might be "deeper and more broad-based" than previously suspected.The written account of the Jan. 24 meeting released Thursday indicated the bank's 25-member rate-setting council felt they had to balance acknowledgement of worsening ...

Markets Right Now: US stocks edge higher, extending gains

Business 02/20/19, 12:04

The latest on developments in financial markets (all times local):11:45 a.m.Stocks are edging higher in midday trading, extending modest gains from a day earlier, as investors reviewed the latest batch of company earnings reports.Gains in technology, materials and energy companies Wednesday outweighed losses in health care and real estate stocks.Garmin, ...

Asian shares mixed following advance on Wall Street

Business 02/20/19, 01:26

Shares were mixed in Asia on Wednesday after a modestly high finish on Wall Street that extended the market's gains into a fourth week.The Nikkei 225 index rose 0.6 percent to 21,431.49 despite news that Japan's exports sank 8.4 percent in January from a year earlier, far more than forecast.Hong ...

Japan’s exports fall 8.4 pct in Jan, hit by China slowdown

Business 02/19/19, 23:39

Japan's exports fell 8.4 percent in January from a year earlier while imports also edged lower, according to customs data released Wednesday, suggesting a deepening impact from China's economic slowdown.Exports to all of Asia dropped 13 percent year-on-year, largely due to a 17 percent decline in shipments to China, where ...

US stocks mixed ahead of more China-US trade talks

Business 02/19/19, 10:21

Stocks edged between small gains and losses in early 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 technology stocks outweighed gains in consumer goods and communications companies.Investors are keeping a ...

Asian stocks rally on hope of further China-US trade talks

Business 02/18/19, 01:46

Asian markets were broadly higher on Monday as traders looked forward to the continuation of trade talks between Chinese and American officials in Washington this week. South Korea's Kospi jumped 0.7 percent to 2,210.89 and the Shanghai Composite index rose 2.5 percent to 2,748.92. Hong Kong's Hang Seng was 1.7 percent ...

South Dakota couple reflects on chocolate business

Business 02/18/19, 01:05

Truffles, caramels, peanut butter cups, turtles, toffee and fudge — the Watertown Confectionery makes it all. Located Watertown, the Confectionery is owned and operated by Mike and Vickie Marotz.The Marotzes began their journey into making chocolates while living in Red Wing, Minnesota. Their friends, Cyndy and Doug Smith, had previously ...

Warren highlights her work on economic crisis in Vegas stop

Politics 02/17/19, 20:50

Democrat Elizabeth Warren used her first visit to Nevada as a presidential candidate to describe a squeeze on working families and a political system that she says fails to protect homeowners, including the residents of Las Vegas who were pummeled by the mortgage crisis a decade ago. The Massachusetts senator spoke ...

Warren returns to Nevada, heart of 2008 economic crisis

Politics 02/16/19, 11:19

Democrat Elizabeth Warren, who made her name as a consumer advocate following the 2008 financial crisis, will make her first appearance Sunday as a presidential candidate in Las Vegas, the boom-and-bust town that made Nevada the epicenter of the country's foreclosure crisis. The Massachusetts senator is trying to distinguish herself from ...

Trade talk optimism pushes stocks higher in early trading

Business 02/15/19, 10:35

Plans to extend key trade talks between the U.S. and China drove stocks broadly higher in early trading.The early gains mark a turnaround after the market ended lower Thursday following a disappointing holiday sales report. The S&P 500 index had risen the prior four trading days.China's government said negotiators plan ...

Markets Right Now: Stocks rise early, boosted by trade talks

Business 02/15/19, 09:46

The latest on developments in financial markets (all times local):9:35 a.m.Stocks are opening higher on Wall Street after Chinese and U.S. officials agreed to continue trade talks in Washington next week.Investors are again weighing quarterly results from major U.S. companies. Newell shares are plunging 17 percent after saying the loss ...

Explains: Polarized by Catalonia, Spain heads to election

Europe 02/15/19, 03:51

Spain's Prime Minister Pedro Sanchez is expected to call an early election after his minority government's budget proposal was rejected by lawmakers.An announcement on the ballot's date is expected at 10 a.m. (0900 GMT), which will put Spain on the path to its third general election in less than four ...

National Retail Group: holiday sales fell short

Business 02/14/19, 12:48

The National Retail Federation, the nation's largest retail trade group, said that holiday sales increased a lower-than-expected 2.9 percent as worries about the trade war with China, the government shutdown and stock market turmoil dampened shopper spending in December.The figures, released Thursday, come after the Commerce Department announced weak December ...

Asian shares waver as China, US begin trade negotiations

Business 02/14/19, 02:24

Asian stocks were mixed in narrow trading on Thursday as China and the U.S. kicked off two days of trade negotiations in Beijing. Regional indexes have advanced for three straight days on hopes that both sides will make headway on big issues like Beijing's technology policy.Hong Kong's Hang Seng edged ...

Double duty: Senators juggle presidential bids and day jobs

Politics 02/13/19, 17:40

Fresh off jumping into the 2020 presidential race, Sen. Elizabeth Warren had plans to meet voters in Las Vegas. The only problem: a government shutdown roiling Washington. The Massachusetts Democrat had to decide whether to keep her plans in a critical early voting state or stay in Washington in case her ...

Global stocks rise on optimism over US-China trade talks

Business 02/13/19, 10:14

Stocks extended their gains in early trading on Wall Street Wednesday as investors remain optimistic that the U.S. and China will make more progress in resolving their trade dispute. Key officials from the world's two largest economies will meet Thursday and Friday to try and stave off an escalation of a ...

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