Dow Jones Industrial Average, S&P 500 trade at record highs

Business 09/20/18, 10:26

An early wave of buying sent U.S. stocks solidly higher on Wall Street Thursday, pushing the Dow Jones Industrial Average above the all-time high it closed at in January.The S&P 500, the benchmark for many index funds, was also above the peak it reached last month. Technology stocks and banks ...

Turkey expects lower growth amid currency turmoil

Business 09/20/18, 08:11

Turkey expects lower economic growth in coming years amid concerns over inflation and a sliding currency.Treasury and Finance Minister Berat Albayrak presented the government's economic plan Thursday, targeting 2.3 percent growth for 2019 and 3.5 percent for 2020. The previous target was 5.5 percent for both years.Albayrak estimated inflation in ...

Asian shares track mixed finish on Wall Street over tariffs

Business 09/20/18, 03:15

Asian shares are mixed, trading in a narrow range Thursday after news of a fresh round of tariffs by the U.S. on $200 billion in Chinese goods drew a muted reaction on Wall Street.KEEPING SCORE: Japan's Nikkei 225 was less than 0.1 percent higher at 23,674.93 after the ruling Liberal ...

Japan digital currency exchange hacked, losing $60 million

Business 09/20/18, 01:38

Hackers have stolen 6.7 billion yen ($60 million) worth of cryptocurrencies from a Japanese digital currency exchange, the operators said Thursday.Tech Bureau Corp. said a server for its Zaif exchange was hacked for two hours last week, and some digital currencies got unlawfully relayed from what's called a "hot wallet," ...

Port wine? Feta? Brexit may spell trouble for famed EU names

Business 09/19/18, 06:29

The scorching late summer sun of northern Portugal is ripening the black, super-sweet grapes that will go to make what European Union rules say is the only wine in the world that can be called port.Winemaking has for centuries been a way of life for many families here in the ...

US stocks rise as traders size up new US tariffs on China

Business 09/18/18, 10:21

U.S. stocks rose in early trading Tuesday as investors weighed the White House's decision to impose tariffs on another $200 billion of Chinese goods beginning next week. Gains in technology, energy and consumer-focused companies outweighed losses in utilities and elsewhere in the market. Oil prices rose.

Renewed US tariff fears stalk global stock markets

Business 09/17/18, 02:45

LONDON (AP) — Global stock markets started the new week on a soft note as investors waited to see if the U.S. slaps tariffs on another $200 billion-worth of Chinese goods. Oil prices rose, meanwhile, as heavy storms battered both countries.

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