Economy

FILE- In this Aug. 9, 2017, file photo, U.S. Rep. Todd Rokita, R-Ind., speaks during a news conference outside of the Indiana Statehouse in Indianapolis. Rokita says excessive government spending is "choking our economy and stealing freedom." But the Republican apparently does not have the same concern over using public money to promoting his efforts in office. An Associated Press review finds Rokita has spent roughly $3 million on media campaigns, mailers and other forms of mass communication. He is vying to unseat Democratic Sen. Joe Donnelly. (AP Photo/Darron Cummings, File)
February 15, 2018 - 4:50 pm
INDIANAPOLIS (AP) — Throughout his career in elected office, Indiana Senate candidate Todd Rokita has used apocalyptic language to warn of "out-of-control" government spending, which he once described as "choking our economy and stealing freedom." Yet whenever election season rolls around, the...
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Specialists James Denaro, left, and Mario Picone work at their post on the floor of the New York Stock Exchange, Thursday, Feb. 15, 2018. Stocks are opening higher on Wall Street after several U.S. companies reported solid results. (AP Photo/Richard Drew)
February 15, 2018 - 4:46 pm
NEW YORK (AP) — Technology companies climbed Thursday as stocks rose for the fifth day in a row. They have now recovered about half their losses during the market's dramatic plunge earlier this month. Tech bellwether Cisco Systems jumped after it posted strong quarterly results and announced a big...
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Airbus CEO Tom Enders, right, speaks to journalists while Airbus CFO Harald Wilhelm looks on, during the Airbus Group press conference on the 2017 annual results in Toulouse, France, Thursday, Feb. 15, 2018. Shares in European plane maker Airbus flew higher on Thursday after the company reported improved earnings and was more upbeat about the future following problems to several of its key aircraft programs. (AP Photo/Fred Scheiber)
February 15, 2018 - 11:42 am
PARIS (AP) — Shares in European plane maker Airbus flew higher on Thursday after the company reported improved earnings and was more upbeat about the future following problems to several of its key aircraft programs. The company said that it surged to a net profit of 1 billion euros ($1.25 billion...
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FILE- This Jan. 8, 2018, file, photo shows an existing home for sale in Walpole, Mass. On Thursday, Feb. 15, 2018, Freddie Mac reports on the week's average U.S. mortgage rates. (AP Photo/Steven Senne, File)
February 15, 2018 - 11:00 am
WASHINGTON (AP) — Long-term U.S. mortgage rates jumped this week to their highest level in nearly four years, a sign that the prospect of higher inflation is steadily increasing the cost of borrowing to buy a home. Mortgage buyer Freddie Mac said Thursday that the average rate on 30-year, fixed-...
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FILE - This Aug. 24, 2015, file photo shows the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Thursday, Feb. 15, 2018. (AP Photo/Seth Wenig, File)
February 15, 2018 - 10:18 am
NEW YORK (AP) — U.S. stocks are rising Thursday as investors continue to snap up shares of companies that do better in times of faster economic growth, such as industrial and technology companies and banks. A round of solid results from companies including Cisco Systems are also sending the market...
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FILE- In this Jan. 22, 2018, file photo, a motorist pumps gas in Bethel Park, Pa. On Thursday, Feb. 15, 2018, the Labor Department reports on U.S. producer price inflation for January. (AP Photo/Gene J. Puskar, File)
February 15, 2018 - 9:00 am
WASHINGTON (AP) — U.S. wholesale prices rose 0.4 percent in January, the biggest increase since November, as a big jump in energy prices offset a small decline in the cost of food. The January rise in wholesale prices, which measure the cost of goods before they reach the consumer, followed no...
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Airbus CEO Tom Enders, right, speaks to journalists while Airbus CFO Harald Wilhelm looks on, during the Airbus Group press conference on the 2017 annual results in Toulouse, France, Thursday, Feb. 15, 2018. Shares in European plane maker Airbus flew higher on Thursday after the company reported improved earnings and was more upbeat about the future following problems to several of its key aircraft programs. (AP Photo/Fred Scheiber)
February 15, 2018 - 6:09 am
PARIS (AP) — Shares in European plane maker Airbus flew higher on Thursday after the company reported improved earnings and was more upbeat about the future following problems to several of its key aircraft programs. The company said that it surged to a net profit of 1 billion euros ($1.25 billion...
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February 15, 2018 - 5:51 am
PARIS (AP) — Shares in European plane maker Airbus flew higher on Thursday after the company reported improved earnings and was more upbeat about the future following problems to several of its key aircraft programs. The company said that it surged to a net profit of 1 billion euros ($1.25 billion...
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A woman walks past an electronic board showing Hong Kong share index outside a local bank in Hong Kong, Thursday, Feb. 15, 2018. Asian shares posted solid gains on Thursday that mirrored Wall Street's advance as investor worries about inflation receded, although trading was thinned by closures for the Lunar New Year holiday. (AP Photo/Vincent Yu)
February 15, 2018 - 4:06 am
HONG KONG (AP) — World shares rallied on Thursday, mirroring Wall Street's advance as investors' worries over inflation receded, although trading was thin in Asia, where some markets closed for Lunar New Year holidays. KEEPING SCORE: European shares rose in early trading. France's CAC 40 climbed 1...
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February 14, 2018 - 4:01 pm
WASHINGTON (AP) — The government says U.S. health care spending will keep growing faster than the overall economy in the foreseeable future, squeezing public insurance programs and employers who provide coverage. Annual projections released Wednesday by the Department of Health and Human Services...
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