Business

FILE - In this April 23, 2018, file photo, the logo for General Motors appears above a trading post on the floor of the New York Stock Exchange. Despite a 40-day strike by factory workers and slumping sales in the U.S. and China, General Motors still made money in 2019. The company posted a $6.58 billion profit for the year, but that was down almost 17% from 2018. (AP Photo/Richard Drew, File)
AP
February 13, 2020 - 5:27 am
NEW YORK (AP) — How's your 401(k) doing? President Donald Trump likes to ask that question around the country, sometimes throwing out big gains like 90% or 95%. The average 401(k) did indeed hit a record last year, although its growth was considerably less than that. The average 401(k) balance rose...
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A man walks past an electronic board showing Hong Kong share index outside a local bank in Hong Kong, Wednesday, Feb. 12, 2020. Asian shares were higher Wednesday, although the outbreak of a new virus in the region continued to weigh on investor sentiments. (AP Photo/Kin Cheung)
AP
February 12, 2020 - 2:37 am
TOKYO (AP) — Global shares were higher Wednesday, although the outbreak of a new virus, mostly in China, continued to weigh on investor sentiments. France's CAC 40 added 0.1% in early trading to 6,063.26. Germany's DAX was up 0.3% at 13,667.35. Britain's FTSE 100 inched up 0.1% to 7,506.66. U.S...
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A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, Feb. 11, 2020. Asian stock markets followed Wall Street higher on Tuesday, at least temporarily shaking off jitters about China's virus outbreak. (AP Photo/Ahn Young-joon)
AP
February 11, 2020 - 5:51 am
BEIJING (AP) — Global stock markets turned higher on Tuesday, at least temporarily shaking off jitters about China's virus outbreak. Indexes in London and Frankfurt advanced in Europe, while Shanghai, Hong Kong and Seoul closed higher. Tokyo fell for a second day. “Concerns over the coronavirus...
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FILE - In this Jan. 29, 2020, file photo, a shopper walks in a street market aimed for Chinese tourists in Bangkok, Thailand. The outbreak of new virus centered on the Chinese city of Wuhan is giving global business chills. Thailand's central bank cut its benchmark interest rate to 1% from 1.25% on Wednesday to help the economy weather a series of setbacks, most lately the virus outbreak in China that has devastated its tourism sector. (AP Photo/Gemunu Amarasinghe, File)
AP
February 06, 2020 - 2:51 am
BANGKOK (AP) — Central banks in the Philippines and Thailand have cut their benchmark interest rates as China's neighbors seek ways to soften the impact of measures to contain a virus outbreak that has killed more than 560 people. The Philippine central bank cut its main policy rate on Thursday by...
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A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, Jan. 28, 2020. Asian shares continued to fall Tuesday, dragged down by worries about an outbreak of a new virus in China that threatens global economic growth. (AP Photo/Ahn Young-joon)
AP
January 28, 2020 - 4:16 am
TOKYO (AP) — European shares and U.S. futures were higher after another day of losses in Asia on Tuesday as worries deepened over the expanding outbreak of a new virus in China. France's CAC 40 rose 0.5% to 5,894.94 , while Germany's DAX rose 0.4% to 13,258.01. Britain's FTSE 100 was up 0.4% at 7,...
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People walk by an electronic stock board of a securities firm in Tokyo, Monday, Jan. 27, 2020. Shares tumbled Monday in the few Asian markets open as China announced sharp increases in the number of people affected in an outbreak of a potentially deadly virus. (AP Photo/Koji Sasahara)
AP
January 27, 2020 - 3:47 am
BANGKOK (AP) — Shares tumbled Monday in Europe and Asia after China announced sharp increases in the number of people infected with a potentially deadly virus. In Paris, the CAC 40 lost 1.9% to 5,907.40 while Germany's DAX skidded 1.7% to 13,342.32. Britain's FTSE 100 gave up 2.2% to 7,421.93...
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People stand in front of an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Friday, Jan. 24, 2020. Shares are mostly higher in quiet trading as China closes down for its week-long Lunar New Year festival. (AP Photo/Eugene Hoshiko)
AP
January 24, 2020 - 4:08 am
BANGKOK (AP) — Global share prices were mostly higher on Friday as China began a week-long Lunar New Year festival that is being overshadowed by the outbreak of a new virus that has killed 25 people and sickened more than 800. Germany's DAX jumped 1.3% to 13,562.46 while the CAC 40 in Paris surged...
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A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Thursday, Jan. 23, 2020. Asian shares are mostly higher as health authorities around the world move to monitor and contain a deadly virus outbreak in China and keep it from spreading globally. (AP Photo/Ahn Young-joon)
AP
January 23, 2020 - 3:45 am
BANGKOK (AP) — World shares fell back Thursday as health authorities around the world rushed to monitor and contain a deadly virus outbreak in China and keep it from spreading globally. China and other nations have ramped up screenings for fever on aircraft and at airports. The central Chinese city...
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A worker cleans up an electronic stock board of a securities firm in Tokyo, Tuesday, Jan. 21, 2020. Asian stock markets have tumbled as concern about the impact of a Chinese disease outbreak on tourism and regional economies grows. (AP Photo/Koji Sasahara)
AP
January 21, 2020 - 3:26 am
BEIJING (AP) — Global stock and oil prices tumbled Tuesday as concern about the impact of a Chinese disease outbreak increased and a rating agency cut Hong Kong's credit rating for official borrowing due to political tension. Japan's central bank left its key interest rate unchanged and upgraded...
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Investors monitor stock prices near Chinese New Year decorations hung up at a brokerage in Beijing Thursday, Jan. 16, 2020. Share prices are mixed in moderate trading in Asia after the U.S. and China signed a preliminary trade agreement that investors hope will bring better relations between the two biggest economies. (AP Photo/Ng Han Guan)
AP
January 16, 2020 - 6:44 am
BANGKOK (AP) — Global markets were subdued Thursday after the signing of a preliminary China-U.S. trade agreement that investors hope will bring better relations between the world's two biggest economies. After Asian markets largely closed higher, Germany's DAX was down 0.1% to 13,418. The CAC 40...
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