Financial crisis

October 15, 2019 - 5:55 pm
The opioid crisis cost the U.S. economy $631 billion from 2015 through last year — and it may keep getting more expensive, according to a study released Tuesday by the Society of Actuaries. The biggest driver of the cost over the four-year period is unrealized lifetime earnings of those who died...
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FILE - In this Aug. 15, 2019, file photo a "Now hiring" sign is displayed on the front door of a Staples store in Manchester, N.H. On Wednesday, Oct. 9, the Labor Department reports on job openings and labor turnover for August. (AP Photo/Charles Krupa, File)
October 09, 2019 - 11:21 am
WASHINGTON (AP) — U.S. job openings fell 1.7% in August and hires edged down, bolstering views that the labor market may lose momentum as economic uncertainty and a manufacturing recession squeeze employers. The Labor Department says employers advertised 7.1 million available jobs in August, down...
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FILE - In this May 23, 2019, file photo, customers shop near a section selling Marvel Avengers toys by American toymaker Hasbro at a toy store in Beijing. The nation's business economists think President Donald Trump's trade war with China will contribute to a sharp slowdown in economic growth this year and next, raising concerns about a possible recession starting late next year. (AP Photo/Andy Wong, File)
October 07, 2019 - 3:37 am
WASHINGTON (AP) — The nation's business economists think President Donald Trump's trade war with China will contribute to a sharp slowdown in economic growth this year and next, raising concerns about a possible recession starting late next year. The latest survey by a panel of 51 forecasters with...
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People wait near the front of a line hundreds of people long for government distributed food and school supplies to some residents of the Cite Soleil slum, in Port-au-Prince, Haiti, Thursday, Oct. 3, 2019. The administration of President Jovenel Moise tried to alleviate Haiti’s economic crunch on Thursday by distributing plates of rice and beans, sacks of rice, and school backpacks filled with four notebooks and two pens. (AP Photo/Rebecca Blackwell)
October 03, 2019 - 4:25 pm
PORT-AU-PRINCE, Haiti (AP) — Marcel Cineus scanned the crowd for hints of a potential customer as people bustled past his wooden stall filled with hundreds of textbooks in the hills of Port-au-Prince. School was supposed to start in early September, and Cineus by now would have sold a couple...
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People walk home in the dark due to power shortages in Harare, on Monday Sept. 30, 2019. Zimbabwean President Emmerson Mnangagwa is set to present a State of the Nation address Tuesday, at a time the southern African nation is reeling from its worst economic crisis in more than a decade. Zimbabweans are enduring shortages of everything from medicines, fuel, cash and water- bringing a weariness and disgust that has often flared into streets protests. (AP Photo/Tsvangirayi Mukwazhi)
October 01, 2019 - 8:49 am
HARARE, Zimbabwe (AP) — Zimbabwe's opposition lawmakers walked out of Parliament on Tuesday as President Emmerson Mnangagwa presented his state of the nation address, a sign of the political tensions still gripping the country. The opposition Movement for Democratic Change party said it does not...
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FILE - In this Sept. 18, 2019, photo stock prices are displayed at the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Monday, Sept. 30. (AP Photo/Mark Lennihan, File)
September 30, 2019 - 4:39 pm
NEW YORK (AP) — U.S. stocks climbed on Monday and gave one last nudge to ensure the S&P 500 emerges from yet another tumultuous quarter with a modest gain. As has been the case throughout the quarter, movements in President Donald Trump's trade war with China helped drive the market on Monday...
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September 30, 2019 - 10:28 am
BEIJING (AP) — China warned the U.S. against trying to limit investment ties between the two countries, even as the Trump administration contradicted a report that Washington might be considering removing Chinese companies from American stock exchanges. The foreign ministry appealed to Washington...
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An anti-government protester makes victory sign next to tires that were set on fire to block a road during a demonstration, in Beirut, Lebanon, Sunday, Sept. 29, 2019. Hundreds of Lebanese are protesting an economic crisis that has worsened over the past two weeks, with a drop in the local currency for the first time in more than two decades. (AP Photo/Bilal Hussein)
September 29, 2019 - 11:10 am
BEIRUT (AP) — Hundreds of Lebanese protested Sunday in the country's capital and other areas over an economic crisis that worsened over the past two weeks, with worries over dollar-reliant Lebanon's local currency losing value for the first time in more than two decades. Lebanon is facing a deep-...
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Zimbabwe's President Emmerson Dambudzo Mnangagwa addresses the 74th session of the United Nations General Assembly, Wednesday, Sept. 25, 2019, at the U.N. headquarters. (AP Photo/Frank Franklin II)
September 25, 2019 - 9:24 pm
UNITED NATIONS (AP) — The Latest on the U.N. General Assembly's annual gathering of world leaders (all times local): 9:10 p.m. Zimbabwe's President Emmerson Mnangagwa is appealing for patience for his efforts to pull his country out of an economic collapse, and called on the U.S. and Europe to lift...
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President Donald Trump speaks at a multilateral meeting on Venezuela at the InterContinental New York Barclay hotel during the United Nations General Assembly, Wednesday, Sept. 25, 2019, in New York. (AP Photo/Evan Vucci)
September 25, 2019 - 6:50 pm
NEW YORK (AP) — President Donald Trump showed his support for the Venezuelan opposition Wednesday as he met with its delegation to the U.N. General Assembly instead of the official government delegation and called for an end to the "horrible and brutal oppression" of President Nicolas Maduro. Trump...
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