- IMF: China, tumbling commodity prices threaten world economy Updated: Sep-02-15 8:14 pm
WASHINGTON - China's slowdown, volatile financial markets and tumbling raw-materials prices have raised the risks to economic growth around the world, the International Monetary Fund reported Wednesday.
- Fed report shows autos and housing fueling US growth Updated: Sep-02-15 4:31 pm
WASHINGTON - While U.S. housing and auto sales showed strength over the summer, manufacturers were feeling pressure from China's economic slowdown and the oil industry was squeezed by lower energy prices.
- Q&A: What are the signs of a 'bear market' for stocks Updated: Sep-02-15 3:17 pm
The stock market's sharp downturn in recent weeks has pulled the three major U.S. stock indexes into what is known as a "correction." But when does a market correction effectively end a bull market and usher in a full-blown bear market?
- US bank earnings rose 7.3 percent in April-June quarter Updated: Sep-02-15 3:12 pm
WASHINGTON - U.S. banks' earnings jumped 7.3 percent in the April-June period from a year earlier as revenues increased and the volume of soured loans banks had to write off fell to the lowest level since before the financial crisis.
- Survey: US businesses hired at steady pace in August Updated: Sep-02-15 9:28 am
WASHINGTON - U.S. businesses added jobs at a steady pace last month, with construction and manufacturing showing solid gains, a private survey found.
- Canada in recession; PM Harper denies it as election looms Updated: Sep-01-15 5:51 pm
TORONTO - Canada has fallen into a recession, dragged down by falling energy prices and economic troubles in China.
- Correction: Financial Markets-Herd Mentality story Updated: Sep-01-15 5:49 pm
NEW YORK - In a story Aug. 31 about investors selling emerging-market investments, The Associated Press erroneously shortened the name of a fund that tracks commodity producers. The correct full name is the FlexShares Morningstar Global Upstream Natural Resources Index Fund.
- US auto market remains bright spot as China pulls back Updated: Sep-01-15 3:07 pm
DETROIT - As China's auto market recoils, the U.S. remains a bright spot as it rolls on toward its best performance in more than a decade.
- IMF head: Global growth likely to be weaker than expected Updated: Sep-01-15 10:39 am
JAKARTA, Indonesia - Global economic growth is likely to be weaker than earlier expected and will remain at moderate levels, the head of the International Monetary Fund said Tuesday.
- Portugal struggles to sell rescued bank Updated: Sep-01-15 9:31 am
LISBON, Portugal - Portugal is having trouble selling Novo Banco, the so-called good bank salvaged from last year's collapse of major lender Banco Espirito Santo.
- China urged to free reporter detained for stock market story Updated: Sep-01-15 4:25 am
BEIJING - The Committee to Protect Journalists is urging Chinese authorities to release a reporter accused of spreading false information on the country's stock market meltdown, calling it the latest act of media intimidation by President Xi Jinping's administration.
- Cuomo, other NY officials plan visit to troubled Puerto Rico Updated: Sep-01-15 3:04 am
ALBANY, New York - A group of New York public officials led by Gov. Andrew Cuomo is scheduled to travel to Puerto Rico for meetings on the island's economic crisis.
- Fed Vice Chair Fischer keeps open possibility of Sept. hike Updated: Aug-29-15 4:33 pm
WASHINGTON - Federal Reserve Vice Chairman Stanley Fischer left the door open Saturday for a Fed rate increase in September, saying the factors that have kept inflation below the central bank's target level have likely begun to fade.
- A Q&A with Wall Street's top psychiatrist on market turmoil Updated: Aug-28-15 12:48 pm
NEW YORK - When it seems like the stock market has lost its mind, big banks and investment firms often turn to one particular psychiatrist: Richard Peterson, CEO of MarketPsych, a firm that applies research from behavioral science to financial markets.
- As markets drop, question is: will the Chinese still shop? Updated: Aug-28-15 11:14 am
BICESTER, England - The designer outlet mall of Bicester Village is set in the English countryside near Oxford, but it might as well be in China.
- US consumer spending up moderate 0.3 percent in July Updated: Aug-28-15 9:19 am
WASHINGTON - U.S. consumers increased their spending moderately in July, as wages and salaries made their biggest jump in eight months.
- Q&A about this week's market turmoil in China and beyond Updated: Aug-28-15 9:04 am
BEIJING - With the Chinese stock market turmoil that incited global panic abated - at least for now - here are some questions and answers about it, as well as lessons to learn:
- US group urges China to open insurance, securities markets Updated: Aug-28-15 1:01 am
BEIJING - An American business group urged China on Friday to allow more access to its insurance and other service industries, saying foreign skills could help develop its volatile stock markets and cope with disasters like the recent chemical explosion in Tianjin.
- The US economy's second quarter went from solid to stellar Updated: Aug-27-15 6:49 pm
WASHINGTON - The U.S. economy staged a far bigger rebound last quarter than first thought, outpacing the rest of the developed world and bolstering confidence that it will remain sturdy in coming months despite global headwinds.
- The Latest: Dow fell more than 600 points from day's peak Updated: Aug-25-15 5:13 pm
NEW YORK - The latest on the global financial market turmoil (all times local):
- Snyder: Michigan will see more trade, investment with China Updated: Aug-25-15 7:28 am
LANSING, Michigan - Gov. Rick Snyder says he thinks Michigan will see more trade and investment with China despite fears of an economic slowdown in the country.
- As stock prices sink, ordinary Americans keep their heads up Updated: Aug-25-15 6:55 am
WASHINGTON - Even as anxious investors send stock prices plunging, many Americans are sounding a rather different note:
- How China's tremors could weaken the world's major economies Updated: Aug-24-15 6:40 pm
WASHINGTON - China is exporting something new to the world economy: Fear.
- Why stocks are tumbling 6 years into the bull market Updated: Aug-24-15 8:01 am
NEW YORK - Well, that was fun while it lasted.
- Puerto Rico statehooders see opportunity as woes deepen Updated: Aug-24-15 1:16 am
MANATI, Puerto Rico - Revelers arrived in cars sporting the American flag and wore clothes in red, white and blue as they celebrated the anniversary of Puerto Rico's pro-statehood political party with deafening salsa music and speeches.