Business

FILE- In this May 16, 2018, file photo, traffic makes it's way past the Macy's flagship store in New York. Macy's Inc. reports earnings Wednesday, Aug. 15. (AP Photo/Mary Altaffer, File)
August 15, 2018 - 9:01 am
NEW YORK (AP) — Macy's raised its annual profit forecast as the department store reported an unexpected increase in a key sales measure. The Cincinnati department store chain has now reported its third straight quarter of higher sales at existing stores after a three-year slump, though the sales...
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FILE - In this Friday, May 4, 2018 file photo, Turkey's President Recep Tayyip Erdogan, center, looks at his phone during a ceremony in Istanbul. Erdogan said Tuesday, Aug. 18, 2018, that his country will boycott U.S.-made electronic goods amid a diplomatic spat that has helped trigger a Turkish currency crisis. Showing no signs of backing down in the standoff, Erdogan suggested that Turkey would stop procuring U.S.-made Iphones and buy Korean Samsung or Turkish-made Vestel instead. (AP Photo/Lefteris Pitarakis, File)
August 15, 2018 - 8:56 am
ANKARA, Turkey (AP) — The Latest on Turkey's currency crisis (all times local): 3:55 p.m. Amnesty International says a court in Istanbul has ruled for the release from prison of the rights group's former Turkey chairman. The decision to release Taner Kilic on Wednesday came a day after a Turkish...
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FILE- In this July 8, 2018, file photo a rainbow illuminates the sky as 2018 MKZ sedans MKX as they sit outside a Lincoln dealership in Englewood, Colo. On Wednesday, Aug 15, the Commerce Department releases U.S. retail sales data for July. (AP Photo/David Zalubowski, File)
August 15, 2018 - 8:56 am
WASHINGTON (AP) — Americans shopped at a healthy pace in July, buying more cars, clothes and appliances, evidence that confident consumers are helping drive robust economic growth. Retail sales rose at a 0.5 percent annual rate in July, after a 0.2 percent increase the previous month, the Commerce...
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FILE- In this Jan. 30, 2018, file photo, tractor-trailers move cargo out of the Port of Savannah in Savannah, Ga. U.S. productivity grew at an annual rate of 2.9 percent in the second quarter, the fastest pace in more than three years, while labor costs actually fell. On Wednesday, Aug. 15, The Labor Department says the April-June increase in productivity followed a much weaker 0.3 percent rate of gain in the first quarter. (AP Photo/Stephen B. Morton, File)
August 15, 2018 - 8:56 am
WASHINGTON (AP) — U.S. productivity grew at an annual rate of 2.9 percent in the second quarter, the fastest pace in more than three years, while labor costs actually fell. The April-June increase in productivity followed a much weaker 0.3 percent rate of gain in the first quarter, the Labor...
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August 15, 2018 - 8:36 am
WASHINGTON (AP) — Americans shopped at a healthy pace in July, buying more cars, clothes and appliances, evidence that confident consumers are helping drive robust economic growth. The Commerce Department says retail sales rose at a 0.5 percent annual rate in July, after a 0.2 percent increase the...
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August 15, 2018 - 8:34 am
WASHINGTON (AP) — U.S. productivity grew at an annual rate of 2.9 percent in the second quarter, the fastest pace in more than three years, while labor costs actually fell. The Labor Department said Wednesday that the April-June increase in productivity followed a much weaker 0.3 percent rate of...
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People walk past a bank electronic board showing the Hong Kong share index at Hong Kong Stock Exchange Wednesday, Aug. 15, 2018. Shares were mostly lower in Asia early Wednesday despite a rally overnight on Wall Street as investors' jitters over the Turkish currency crisis eased.(AP Photo/Vincent Yu)
August 15, 2018 - 8:21 am
BANGKOK (AP) — Stock markets turned lower Wednesday amid concerns about economic growth and continued tensions over Turkey, which announced it was increasing tariffs on imports of some U.S. products. KEEPING SCORE: Germany's DAX fell 1.1 percent to 12,220 and in France, the CAC 40 dropped 1.2...
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Indian Prime Minister Narendra Modi addresses to the nation on the country's Independence Day from the ramparts of the historical Red Fort in New Delhi, India, Wednesday, Aug. 15, 2018. India won independence from British colonialists in 1947. (AP Photo/Manish Swarup)
August 15, 2018 - 8:14 am
NEW DELHI (AP) — India will send a manned flight into space by 2022, Prime Minister Narendra Modi announced Wednesday as part of India's independence day celebrations. He said India will become the fourth country after Russia, the United States and China to achieve the feat and its astronaut could...
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A truck is blocked on the collapsed Morandi highway bridge in Genoa, northern Italy, Wednesday, Aug. 15, 2018. A bridge on a main highway linking Italy with France collapsed in the Italian port city of Genoa during a sudden, violent storm, sending vehicles plunging 90 meters (nearly 300 feet) into a heap of rubble below. (Luca Zennaro/ANSA via AP)
August 15, 2018 - 8:02 am
ROME (AP) — The Latest developments following the deadly collapse of a highway bridge in Italy (all times local): 2 p.m. Italy's deputy premier, Luigi Di Maio, is blaming the collapse of a major highway bridge in Genoa on a lack of maintenance by the private company that operates many of the nation...
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People line up at a currency exchange shop in Istanbul, Tuesday, Aug. 14, 2018.The Turkish lira has nosedived in value in the past week over concerns about Erdogan's economic policies and after the United States slapped sanctions on Turkey angered by the continued detention of an American pastor. (AP Photo/Lefteris Pitarakis)
August 15, 2018 - 8:00 am
ANKARA, Turkey (AP) — Turkey said Wednesday it is increasing tariffs on imports of certain U.S. products, including rice, cars, alcohol and coal — escalating a feud with the United States that has helped trigger a currency crisis . The Turkish government said tariffs on American cars will be...
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