Business

A currency trader stretches at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Monday, Oct. 28, 2019. (AP Photo/Ahn Young-joon)
WCCO Radio Newsroom
October 28, 2019 - 6:39 am
BEIJING (AP) — Global stock markets mostly rose Monday as investors eyed a busy week of corporate earnings and a possible U.S. interest rate cut. Major indexes in Frankfurt, Shanghai and Tokyo advanced as fears about U.S.-Chinese trade tension receded. Shares in London dipped after the European...
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Currency traders watch monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Tuesday, Oct. 22, 2019. Shares are gaining in Asia after upbeat comments from President Donald Trump and other U.S. officials on the status of trade negotiations with China. (AP Photo/Ahn Young-joon)
AP
October 22, 2019 - 6:54 am
BANGKOK (AP) — Global stock markets were rising Tuesday, spurred by upbeat talk from President Donald Trump and other U.S. officials on the status of trade negotiations with China. Investors were heartened by Trump's comment to reporters Monday that he hopes to sign a trade deal with China next...
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FILE - In this Sept. 26, 2018, file photo, signs promoting 5G wireless technology from Chinese technology firm Huawei are displayed at the PT Expo in Beijing. The Federal Network Agency in Germany issued rules Tuesday Oct. 15, 2019, releasing draft security guidelines for next generation 5G wireless networks that stop short of banning Huawei. (AP Photo/Mark Schiefelbein, FILE)
WCCO Radio Newsroom
October 16, 2019 - 3:45 am
BEIJING (AP) — Chinese tech giant Huawei has reported a double-digit rise in sales despite U.S. sanctions that threaten to disrupt its smartphone and network equipment businesses. Huawei Technologies Ltd. said Wednesday that its sales rose 24.4% in the first nine months of 2019 to 610.8 billion...
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A man stretches in front of an electronic stock board of a securities firm in Tokyo, Tuesday, Oct. 15, 2019. On Tuesday, shares are mixed in Asia after a wobbly day of trading on Wall Street. Japan’s Nikkei 225 index jumped 1.8% as it reopened from a public holiday and investors caught up on the news of a preliminary trade deal between China and the U.S. (AP Photo/Koji Sasahara)
WCCO Radio Newsroom
October 15, 2019 - 3:44 am
BANGKOK (AP) — Shares were mostly higher in Europe and Asia on Tuesday after a wobbly day of trading on Wall Street. Germany's DAX advanced 0.4% to 12,532.50 and the CAC 40 in Paris gained 0.6% to 5,674.85. London's FTSE 100 was nearly unchanged at 7,215.74. In New York, futures were higher, with...
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FILE - In this May 23, 2019, file photo, customers shop near a section selling Marvel Avengers toys by American toymaker Hasbro at a toy store in Beijing. The nation's business economists think President Donald Trump's trade war with China will contribute to a sharp slowdown in economic growth this year and next, raising concerns about a possible recession starting late next year. (AP Photo/Andy Wong, File)
WCCO Radio Newsroom
October 07, 2019 - 2:37 am
WASHINGTON (AP) — The nation's business economists think President Donald Trump's trade war with China will contribute to a sharp slowdown in economic growth this year and next, raising concerns about a possible recession starting late next year. The latest survey by a panel of 51 forecasters with...
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(AP Photo/Richard Drew)
August 14, 2019 - 4:06 pm
NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. The Dow Jones Industrial Average sank 800 points after the bond market flashed a warning sign about a possible recession for the first time since 2007. The yield on the 10-year Treasury briefly dropped below...
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Fed Reserve Chairman Jerome Powell (AP Photo/Susan Walsh, File)
July 31, 2019 - 1:29 pm
By MARTIN CRUTSINGER AP Economics Writer WASHINGTON (AP) — The Federal Reserve cut its key interest rate Wednesday for the first time in a decade to try to counter threats ranging from uncertainties caused by President Donald Trump's trade wars to chronically low inflation and a dim global outlook...
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(AP Photo/Bebeto Matthews, File)
July 26, 2019 - 11:07 am
By TALI ARBEL and MARCY GORDON Associated Press WASHINGTON (AP) — U.S. regulators have approved T-Mobile's $26.5 billion takeover of rival Sprint, despite fears of higher prices and job cuts, in a settlement that would create three giant U.S. cellphone companies. Friday's approval by the Justice...
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