Economy

FILE- In this Sept. 17, 2018, file photo people wait in line as Travis Hall, right, and Brandon Deese, back, pump fuel from two tanker trucks at a convenience store in Wilmington, N.C. America's rediscovered prowess in oil production is shaking up old notions about the impact of higher crude prices on the U.S. economy. (AP Photo/Chuck Burton, File)
September 21, 2018 - 3:36 pm
DALLAS (AP) — America's rediscovered prowess in oil production is shaking up old notions about the impact of higher crude prices on the U.S. economy. It has long been conventional wisdom that rising oil prices hurt the economy by forcing consumers to spend more on gasoline and heating their homes,...
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September 21, 2018 - 3:01 pm
NEW ORLEANS (AP) — Louisiana's unemployment rate hit 5 percent in August, worsening for the fifth straight month. The state's jobless rate rose from 4.9 percent in July and was above August 2017's level, also 4.9 percent. For the third month in a row, Louisiana saw the number of people with a job...
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FILE- In this Sept. 14, 2018, file photo specialist Meric Greenbaum, left, and trader Gregory Rowe work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, Sept. 21. (AP Photo/Richard Drew, File)
September 21, 2018 - 1:00 pm
Major U.S. stock indexes edged mostly higher in afternoon trading Friday, on track to extend gains from a day earlier when the market climbed to all-time highs. Gains in health care and industrial companies outweighed losses in banks and technology stocks. Energy companies rose along with the price...
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September 21, 2018 - 11:25 am
NEW ORLEANS (AP) — Louisiana's unemployment rate hit 5 percent in August, worsening for the fifth straight month. The state's jobless rate rose from 4.9 percent in July and was above August 2017's level, also 4.9 percent. For the third month in a row, Louisiana saw the number of people with a job...
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FILE - In this June 4, 2017, file photo. nNew Army recruits take part in a swearing in ceremony before a baseball game between the San Diego Padres and the Colorado Rockies in San Diego. The Army has missed its recruiting goal for the first time in more than a decade. Army leaders tell The Associated Press they signed up about 70,000 new troops for the fiscal year that ends Sept. 30, 2018. (AP Photo/Gregory Bull, File)
September 21, 2018 - 11:22 am
WASHINGTON (AP) — For the first time since 2005, the U.S. Army missed its recruiting goal this year, falling short by about 6,500 soldiers, despite pouring an extra $200 million into bonuses and approving some additional waivers for bad conduct or health issues. Army leaders said they signed up...
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British Prime Minister Theresa May smiles when arriving at the informal EU summit in Salzburg, Austria, Thursday, Sept. 20, 2018. (AP Photo/Kerstin Joensson)
September 21, 2018 - 10:17 am
LONDON (AP) — The Latest on Brexit, the political divorce between Britain and the rest of the European Union (all times local): 4:15 p.m. British Prime Minister Theresa May's parliamentary allies welcomed her assurances that Northern Ireland would avoid a hard border — even as they urged her to...
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FILE - This Feb. 3, 2012 file photo shows the exterior view of memory chip maker Micron offices in San Jose, Calif. Micron’s stock is down nearly 6 percent ahead of the opening bell with collateral damage from the U.S.-China trade war overshadowing a strong performance from the chipmaker in its most recent quarter. On Thursday Micron Technology Inc. reported a fiscal fourth-quarter adjusted profit of $3.53 per share on revenue of $8.44 billion. Analysts polled by Zacks Investment Research predicted earnings of $3.32 per share on revenue of $8.25 billion. (AP Photo/Paul Sakuma, File)
September 21, 2018 - 7:22 am
BOISE, Idaho (AP) — Micron's stock is down nearly 6 percent ahead of the opening bell with collateral damage from the U.S.-China trade war overshadowing a strong performance from the chipmaker in its most recent quarter. The company topped profit and revenue expectations, but Chief Financial...
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FILE- In this July 19, 2018, file photo Brendan Kennedy, third from right in front, CEO and founder of British Columbia-based Tilray Inc., a major Canadian marijuana grower, leads cheers as confetti falls to celebrate his company's IPO (TLRY) at Nasdaq in New York. Investors are craving marijuana stocks as Canada prepares to legalize pot next month, leading to giant gains for Canada-based companies listed on U.S. exchanges. (AP Photo/Bebeto Matthews, File)
September 21, 2018 - 1:33 am
NEW YORK (AP) — Reefer Madness has gripped Wall Street. Investors are craving marijuana stocks as Canada prepares to legalize pot next month, leading to giant gains for Canada-based companies listed on U.S. exchanges. Some experts are concerned that the ending will be a buzzkill. Billions of...
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September 20, 2018 - 2:54 pm
WASHINGTON (AP) — Defending court approval of its huge merger with Time Warner, AT&T is arguing the Trump Justice Department failed to show that the merger will raise wholesale prices for pay-TV programming and for consumers. AT&T's $81 billion takeover of Time Warner, completed this spring...
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In this June 15, 2018 photo, cash is fanned out from a wallet in North Andover, Mass. On Thursday, Aug. 20, the Federal Reserve reports on household wealth for the April-June quarter. (AP Photo/Elise Amendola)
September 20, 2018 - 2:40 pm
WASHINGTON (AP) — A rising stock market lifted U.S. household wealth to a record $106.9 trillion in the April-June quarter, the culmination of a decade of economic recovery but a gain that is concentrated largely among the most affluent. The value of Americans' stock and mutual fund portfolios rose...
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