Economy

FILE - In this Jan. 10, 2020, file photo trader Andrew Silverman works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Wednesday, Jan. 15. (AP Photo/Richard Drew)
January 15, 2020 - 4:10 pm
Stocks ended a wobbly day with modest gains, enough to send the Dow Jones Industrial Average to its first close above 29,000 points, two months after its first close above 28,000. Traders were hopeful that the signing of a preliminary trade deal between the U.S. and China Wednesday would help bring...
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FILE - In this Jan. 10, 2020, file photo trader Andrew Silverman works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Wednesday, Jan. 15. (AP Photo/Richard Drew)
January 15, 2020 - 4:08 pm
THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below. Stocks edged higher in afternoon trading on Wall Street Wednesday after the signing of an initial trade deal between the U.S. and China. The modest gains had the Dow Jones Industrial Average on track for its first close above 29,000...
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January 15, 2020 - 3:40 pm
DETROIT (AP) — New contracts between the United Auto Workers union and Detroit's three automakers substantially increased the cost gap between Detroit and foreign automakers with U.S. factories, an industry think tank says. The Center for Automotive Research calculated that General Motors and Ford...
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FILE - In this Jan. 10, 2020, file photo trader Andrew Silverman works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EST on Wednesday, Jan. 15. (AP Photo/Richard Drew)
January 15, 2020 - 3:26 pm
Stocks edged higher in afternoon trading on Wall Street Wednesday after the signing of an initial trade deal between the U.S. and China. The modest gains had the Dow Jones Industrial Average on track for its first close above 29,000 points. President Donald Trump and China's chief negotiator, Liu...
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President Donald Trump holds the signed a trade agreement with Chinese Vice Premier Liu He, in the East Room of the White House, Wednesday, Jan. 15, 2020, in Washington. (AP Photo/Evan Vucci)
January 15, 2020 - 2:47 pm
WASHINGTON (AP) — President Donald Trump signed a trade agreement Wednesday with China that is expected to boost exports from U.S. farmers and manufacturers , protect American trade secrets and lower tensions in a long-running dispute between the world's two biggest economies. Trump said during a...
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President Donald Trump holds the signed a trade agreement with Chinese Vice Premier Liu He, in the East Room of the White House, Wednesday, Jan. 15, 2020, in Washington. (AP Photo/Evan Vucci)
January 15, 2020 - 1:45 pm
WASHINGTON (AP) — President Donald Trump signed a trade agreement Wednesday with China that is expected to boost exports from U.S. farmers and manufacturers and is aimed at lowering tensions in a long-running dispute between the economic powers. Trump said during a White House ceremony that the...
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President Donald Trump holds the signed a trade agreement with Chinese Vice Premier Liu He, in the East Room of the White House, Wednesday, Jan. 15, 2020, in Washington. (AP Photo/Evan Vucci)
January 15, 2020 - 1:41 pm
WASHINGTON (AP) — President Donald Trump signed a trade agreement Wednesday with China that is expected to boost exports from U.S. farmers and manufacturers and is aimed at lowering tensions in a long-running dispute between the economic powers. Trump said during a White House ceremony that the...
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January 15, 2020 - 1:09 pm
SAO PAULO (AP) — The U.S. government is backing Brazil's bid to join the Organization for Economic Cooperation and Development, providing a foreign policy boost for Brazilian President Jair Bolsonaro. “The United States wants Brazil to become the next country to begin the accession process" to the...
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President Donald Trump speaks before signing "phase one" of a US China trade agreement with Chinese Vice Premier Liu He, in the East Room of the White House, Wednesday Jan. 15, 2020, in Washington. With the President from left are Vice President Mike Pence and Treasury Secretary Steven Mnuchin. (AP Photo/ Steve Helber)
January 15, 2020 - 1:07 pm
WASHINGTON (AP) — President Donald Trump signed a trade agreement Wednesday with China that is expected to boost exports from U.S. farmers and manufacturers and is aimed at lowering tensions in a long-running dispute between the economic powers. Trump said during a White House ceremony that the...
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FILE- In this Nov. 23, 2018, file photo shoppers browse the aisles during a Black Friday sale at a Target store in Newport, Ky. Comparable stores sales at Target fell well below the previous year, joining a growing list of retailers reporting a meager performances during the critical holiday shopping season. Target said Wednesday, Jan. 15, 2020, that it had weaker-than-expected sales of electronics, toys and some home good. Those sales climbed 1.4% in the November-December period, compared with a 5.7% increase a year earlier. (AP Photo/John Minchillo, File)
January 15, 2020 - 1:06 pm
Target reported a rare shortfall in holiday sales, raising concerns about the challenges ahead for the traditional retail industry even as the economy remains strong. Target's disappointing growth of 1.4% percent for November and December, dragged down by toys and electronics, fell well below the...
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