Health care, energy companies power US stock market higher

Wall Street capped a day of volatile trading with a late-afternoon buying spree that sent U.S. stock indexes to a mostly higher finish Friday. Despite the 11th-hour rally, the benchm...

Taiwan economy to take a turn for the worse over the next 6 months: think tank

TAIPEI (Taiwan News) – German think tank the ifo Institute for Economic Research’s quarterly analysis suggests Taiwan’s economic fortune will take a turn for the worse over the ...

Business Highlights

___ Amazon HQ favorites: Similar basics but different vibes NEW YORK (AP) — The communities said to be favored for new bases for Amazon are both riverfront stretche...

China's annual shopping frenzy shatters records again

SHANGHAI (AP) — Online shoppers spent more than $14 billion within the first two hours of China's annual buying frenzy on Sunday, once again breaking records as the consumer tradition enters its 10th ...

China's annual shopping frenzy shatters another record

SHANGHAI (AP) — Shoppers in China have once again broken records after spending more than $14 billion within the first two hours of an annual online buying frenzy. Now in its 10th ye...

Chinese leaders struggle to dispel stock market gloom

BEIJING (AP) — China's leaders are trying to dispel stock market gloom and talk prices back up with promises of tax cuts and a media campaign led by its economic czar. The market ben...

Chinese leaders struggle to dispel stock market gloom

BEIJING (AP) — Lu Yushan, a retired salesman, has advice for investors in China's slumping stock market: Sell. Lu's shares soared over the past decade. But the 65-year-old cashed out...

Federal Reserve leaves key policy rate unchanged

WASHINGTON (AP) — The Federal Reserve has left its key policy rate unchanged but signaled that it plans to keep responding to the strong U.S. economy with more interest rate hikes. The next rate hike ...

Fed is set to keep rates on hold before a hike later in year

WASHINGTON (AP) — The Federal Reserve appears on track to raise interest rates once more this year but will likely hold off on any action when its latest policy meeting ends Thursday. ...

Election Impact: Health care stocks jump following midterms

NEW YORK (AP) — The outcome of the midterm elections was good for the stock market in general, mostly because it didn't produce any big surprises, but it was especially good for the health care indust...

Berkshire Hathaway and Lilly climb; Sysco and MGM sink

NEW YORK (AP) — Stocks that moved substantially or traded heavily Monday: Berkshire Hathaway Inc., up $9.67 to $216.24 Warren Buffett's company said its quarterly p...

Fed likely to keep rates on hold and sketch a bright outlook

WASHINGTON (AP) — With the economy strong, wages rising and unemployment at a near-five-decade low, the Federal Reserve remains on track to keep raising interest rates — just not this week. ...

China's Xi promises tax cuts, other help to entrepreneurs

BEIJING (AP) — President Xi Jinping has promised tax cuts and other help to Chinese entrepreneurs in a renewed effort to revive growth in the country's cooling, state-dominated economy. ...

October marks worst month for US stocks in 7 years

LOS ANGELES (AP) — What a difference a month makes. A period of relative calm on Wall Street that led to a milestone-setting September for the stock market came to a sudden, screechi...

Helped by solid earnings, US stock indexes turn higher again

NEW YORK (AP) — Stocks turned mostly higher on Wall Street Tuesday morning as investors were encouraged by some solid earnings reports from several big U.S. companies. Oreo maker Mon...