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Business
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WASHINGTON (AP) — U.S. long-term mortgage rates declined this week as growing concern over the economic impact of China's viral outbreak spurred a steep downturn in global stock markets. Mortgage buyer Freddie Mac says the average rate for a 30-year fixed-rate mortgage fell to 3.45% from …
NEW YORK (AP) — Investors are dumping stocks again Thursday as fears spread that the growing coronavirus outbreak will weigh down the global economy. More big-name companies are warning they'll be affected and countries are taking increasing drastic measures to contain the virus. The …
DETROIT (AP) — Kia is recalling more than 193,000 cars and minvans in yet another move to fix nagging problems that could cause engine fires. The largest of two U.S. recalls released by the government Thursday covers nearly 142,000 2013 and 2014 Optima midsize cars. They have 2.4-liter …
NEW YORK (AP) — Best Buy Co. reported strong fourth-quarter results as shoppers bought appliances, mobile phones and tablets during the holiday season. The robust results, announced Thursday, beat Wall Street expectations, and came as many of its big box peers like Target and Walmart had …
HONOLULU (AP) — Two sea lions rescued off the coast of California are making their debut at a new home in a Hawaii aquatic park. The sea lions named Niblet and Brawler are 3-year-old females and joined the aquatic attractions at Sea Life Park on Oahu Wednesday, The Honolulu Star-Advertiser …
LONDON (AP) — Heathrow Airport's plans to increase capacity of Europe's biggest travel hub by over 50% were stalled Thursday when a British court said the government failed to consider its commitment to combat climate change when it approved the project. The ruling throws in doubt the …
LONDON (AP) — The spread of the new coronavirus around the world is hitting companies hard as they suspend production, meetings, events and business travel. Here's a look at the latest developments: MARKETS: Markets are down sharply again. The Dow and S&P were down over 2% in early …
WASHINGTON (AP) — The U.S. economy grew at an annual rate of 2.1% in the final quarter of last year, but damage from the spreading coronavirus is likely depressing growth in the current quarter and for the rest of the year. The overall pace of growth in the October-December quarter was …
Beirut (AP) — Lebanon's president Thursday inaugurated the Mediterranean country's first offshore exploratory drilling for oil and gas, calling it a “historic day” for the cash-strapped country. Michel Aoun spoke aboard the drill ship Tungsten Explorer, which will be conducting the …
PARIS (AP) — Chloe teemed with sparkling detailing at Paris Fashion Week Thursday. The lofty Grand Palais, decorated with giant gold Grecian columns, had starry guests to match — including actresses Katie Holmes and Kate Bosworth — and added to the glint of the stylish fall-winter …
Trying to make a complaint against your student loan lender or servicer may feel like screaming into the void. In 2019, federal student aid customers made 44,155 complaints using the Federal Student Aid Feedback System, according to the most recent report of the Federal Student Aid …
WASHINGTON (AP) — There was a 5.2% jump in Americans signing contracts to buy homes in January from the previous month as lower mortgage rates and a solid economy are pushing up demand for housing. The National Association of Realtors said Thursday that its index of pending sales climbed …
NEW YORK (AP) — Stocks open sharply lower on Wall Street, bringing Dow Jones industrials 10% below record high they set two weeks ago.
THE HAGUE, Netherlands (AP) — A Dutch consortium announced an ambitious plan Thursday to create “green” hydrogen using power from a huge offshore wind farm that has yet to be built. The “NortH2” proposal by the Dutch arm of energy giant Shell, gas company Gasunie and Groningen …
WASHINGTON (AP) — Orders to U.S. factories for big-ticket manufactured goods dipped in January, pulled down by decreased demand for cars, auto parts and military aircraft. The Commerce Department said Thursday that orders for durable goods slipped 0.2% last month after climbing 2.9% in …
WASHINGTON (AP) — US economy grew at 2.1% annual rate last quarter but coronavirus could jeopardize future growth.
WASHINGTON (AP) — US orders for durable goods slip 0.2% in January on weaker demand for cars, military aircraft.
Global stock markets fell Thursday on concerns that the coronavirus was spreading to more countries, putting further strain on businesses and supply chains across the world. In Europe, where new cases were being reported, Germany's DAX lost 2.2% to 12,496 and the CAC 40 in Paris dropped 2.3% …
VENICE, Italy (AP) — Still reeling from the effects of major flooding just a few months ago, Venice faces a new emergency: the threat of a new virus outbreak across Italy that is worrying international visitors worldwide and hitting the economy hard. The fragile lagoon city, renowned for …
BRATISLAVA, Slovakia (AP) — A businessman allegedly linked to the slaying of an investigative journalist in Slovakia has been sentenced to 19 years in prison in a separate case of forgery. Marian Kocner was charged with forgery, together with former Economy Minister Pavol Rusko. A court …

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