Business

German Chancellor Angela Merkel, right, and German Finance Minister Olaf Scholz, left, talk as they arrive for the weekly cabinet meeting at the Chancellery in Berlin, Germany, Wednesday, Aug. 21, 2019. The German government sold 30-year bonds at a negative interest rate Wednesday Aug. 21, 2019, in a sign of the clouds over markets and future growth as well as increased expectations that more central bank stimulus is likely on the way.(AP Photo/Michael Sohn)
August 21, 2019 - 2:55 pm
FRANKFURT, Germany (AP) — Imagine lending money to someone and having to pay for the privilege of doing so. Or being asked to invest and informed of how much money you'll lose. Sounds absurd, but increasingly that's the global bond market these days. A rising share of government and corporate bonds...
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FILE - In this July 31, 2019, file photo Federal Reserve Chairman Jerome Powell speaks during a news conference following a two-day Federal Open Market Committee meeting in Washington. On Wednesday, Aug. 21, the Federal Reserve releases minutes from its July meeting when it cut its key interest rate for the first time in a decade. (AP Photo/Manuel Balce Ceneta, File)
August 21, 2019 - 2:26 pm
WASHINGTON (AP) — Federal Reserve officials were widely divided at their meeting last month when they decided to cut rates for the first time in a decade, with some arguing for a bigger rate cut while others insisted the Fed should not cut rates at all. The minutes of the July 30-31 discussions...
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Specialist Anthony Matesic, center, works with traders at his post on the floor of the New York Stock Exchange, Wednesday, Aug. 21, 2019. Stocks are rising broadly in early trading on Wall Street as investors applauded encouraging quarterly results from major retailers. (AP Photo/Richard Drew)
August 21, 2019 - 2:22 pm
U.S. stocks marched broadly higher in afternoon trading Wednesday as investors welcomed a batch of strong earnings reports from several big retailers. Traders had a muted reaction to the afternoon release of notes from the Federal Reserve's policymaking meeting last month. Target and Lowe's surged...
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FILE - This conceptual rendering released by Madison Square Garden shows the exterior of the MSG Sphere Las Vegas arena. Company and project officials are estimating costs to complete a spherical entertainment venue under construction on the Las Vegas Strip at between $1.2 billion and $1.7 billion. Madison Square Garden Co. President Andrew Lustgarten disclosed cost projections Tuesday, Aug. 20, 2019 along with quarterly company earnings. The 18,000-seat arena, called MSG Sphere, is a partnership between MSG and Las Vegas Sands, the owner of the adjacent Venetian and Palazzo resorts (Madison Square Garden via AP)
August 21, 2019 - 2:07 pm
LAS VEGAS (AP) — Company and project officials are estimating the costs of a spherical entertainment venue under construction on the Las Vegas Strip at between $1.2 billion and $1.7 billion. Madison Square Garden Co. President Andrew Lustgarten disclosed cost projections Tuesday along with...
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Germany's Chancellor Angela Merkel and British Prime Minister Boris Johnson attend a joint press conference, in Berlin, Wednesday, Aug. 21, 2019. German Chancellor Angela Merkel says she plans to discuss with UK Prime Minister Boris Johnson how Britain's exit from the European Union can be "as frictionless as possible." (Kay Nietfeld/dpa via AP)
August 21, 2019 - 1:56 pm
BERLIN (AP) — German Chancellor Angela Merkel raised the possibility that a negotiated departure for Britain from the European Union might still be possible even as the clock is ticking on a deal that would satisfy both sides. Speaking Wednesday alongside U.K. Prime Minister Boris Johnson ahead of...
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In this Monday, April 16, 2018, photo shows The Malheur Enterprise, a small weekly newspaper located in the agricultural town of Vale, east of Ontario, Ore. Journalists in Oregon and beyond have risen in defense of a small newspaper that is being investigated by a county sheriff for trying to get comments after business hours for an investigative story. Staffers at the Malheur Enterprise, a weekly newspaper in the remote eastern Oregon town of Vale, say they are just doing their job. (E.J. Harris/East Oregonian via AP) /East Oregonian via AP)
August 21, 2019 - 1:47 pm
SALEM, Ore. (AP) — Journalists are defending a small newspaper after a county attorney asked the sheriff to investigate whether a reporter broke the law by trying repeatedly to get comments from an official for a story. Staffers at the Malheur Enterprise, a weekly newspaper in the remote town of...
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Specialist Anthony Matesic, center, works with traders at his post on the floor of the New York Stock Exchange, Wednesday, Aug. 21, 2019. Stocks are rising broadly in early trading on Wall Street as investors applauded encouraging quarterly results from major retailers. (AP Photo/Richard Drew)
August 21, 2019 - 1:40 pm
U.S. stocks marched broadly higher in afternoon trading Wednesday as investors welcomed a batch of strong earnings reports from several big retailers. Target and Lowe's surged, leading a rally in retail stocks, as the market bounced back from its first loss in four days. Technology companies...
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August 21, 2019 - 1:34 pm
WASHINGTON (AP) — The Pentagon is pulling the plug on a billion-dollar, technically troubled project to build a better weapon to destroy incoming missiles. The move is aimed in part at considering new approaches to missile defense at a time of rapid technological change. The announced reason for...
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German Chancellor Angela Merkel welcomes Britain's Prime Minister Boris Johnson with military honors for a meeting at the Chancellery in Berlin, Germany, Wednesday, Aug. 21, 2019. (AP Photo/Michael Sohn)
August 21, 2019 - 1:07 pm
BERLIN (AP) — The Latest on Britain's plan to leave the European Union (all times local): 7 p.m. German Chancellor Angela Merkel says it may be possible to remove the key hurdle standing in the way of an orderly British departure from the European Union before the Oct. 31 exit date. Merkel told...
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FILE- In this March 14, 2019, file photo people attend the opening of a Piaget store during the opening night of The Shops & Restaurants at Hudson Yards in New York. The U.S. job market isn’t quite as strong as originally believed, with revised figures showing that the economy had 501,000 fewer total jobs this March than initially reported. The Labor Department says that nearly two-thirds of the downward revision came from the retail and leisure and hospitality sectors, the industries most associated with consumer spending. (AP Photo/Mark Lennihan, File)
August 21, 2019 - 12:47 pm
WASHINGTON (AP) — The U.S. job market isn't quite as strong as originally believed — with revised figures showing that the economy had 501,000 fewer total jobs this March than initially reported. The Labor Department said Wednesday that nearly two-thirds of the downward revision came from the...
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