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MONEY NEWS FROM THE ASSOCIATED PRESS

Money

  • Millennial Money: This winter, your credit should freeze too

    Before you tackle lofty financial resolutions like paying off debt this year, do yourself a quick favor and freeze your credit reports. It’s free, doesn’t affect your credit score and helps protect your financial future. Credit reports summarize your payment history with creditors and are automatically generated by the three major credit bureaus: Equifax, Experian […]
  • Markets Right Now: Stocks skid on economic growth worries

    NEW YORK (AP) — The latest on developments in financial markets (all times local): 4:00 p.m. Stocks are closing with sharp losses amid new signs the global economy is slowing. The International Monetary Fund on Tuesday cut its 2019 growth forecast, pointing to heightened trade tensions and rising interest rates. Technology and energy companies skidded. […]
  • Johnson & Johnson puts up strong profit and revenue in 4Q

    A big jump in prescription drug sales, particularly overseas, helped Johnson & Johnson swing to a large fourth-quarter profit after posting a huge loss a year earlier, when it took a $13.6 billion charge related to the late-2017 U.S. tax overhaul. The world’s biggest maker of health care products also benefited from an effective tax […]
  • Tokyo court rejects Ex-Nissan chair Ghosn’s bail request

    TOKYO (AP) — A Tokyo court rejected former Nissan chairman Carlos Ghosn’s latest request for bail on Tuesday, more than two months after his arrest. A statement from the Tokyo District Court announcing its decision gave no explanation for prolonging a detention of the 64-year-old star executive, which has drawn international scrutiny of Japan’s justice […]
  • China demands US drop Huawei extradition request with Canada

    BEIJING (AP) — China on Tuesday demanded the U.S. drop a request that Canada extradite a top executive of the tech giant Huawei, shifting blame to Washington in a case that has severely damaged Beijing’s relations with Ottawa. Foreign Ministry spokeswoman Hua Chunying said Meng Wanzhou’s case was out of the ordinary and Canada’s extradition […]
  • World shares retreat on fears of global, Chinese slowdown

    SINGAPORE (AP) — World markets fell Tuesday after the International Monetary Fund trimmed its global outlook for 2019 and 2020 and China said its economy grew at the slowest pace in nearly 30 years. KEEPING SCORE: Germany’s DAX gave up 0.5 percent to 11,076 and France’s CAC 40 was down 0.7 percent at 4,834. Britain’s […]
  • Asian shares decline on concerns over global, China slowdown

    SINGAPORE (AP) — Asian markets were mostly lower on Tuesday after the International Monetary Fund trimmed its global outlook for 2019 and 2020. The downgrade came after China said its economy grew at the slowest pace in 30 years in the last quarter of 2018. Wall Street was closed for a holiday on Monday. KEEPING […]
  • Tokyo court rejects Ex-Nissan chair Ghosn’s bail request

    TOKYO (AP) — A Tokyo court has rejected former Nissan chairman Carlos Ghosn’s latest request for bail, more than two months after his arrest, prolonging a detention that has drawn international scrutiny of Japan’s justice system. The decision by the Tokyo District Court came a day after Ghosn promised to wear an electronic monitoring ankle […]
  • Small business optimism showing early signs of slippage

    NEW YORK (AP) — The fears of a slowing economy that sent stocks falling the past few months may be spreading to small business owners who have been quite optimistic in recent years. The problem for businesses is consumer spending that, while strong now, is showing signs of slippage. Economists predict consumer spending will begin […]
  • Liz Weston: There’s always a next recession, so be prepared

    Recessions are like natural disasters: They’re inevitable, but smart preparation may reduce the impact on you. The U.S. economy has grown steadily since emerging from the “Great Recession” in June 2009, but expansions can’t continue forever, and this one is already the second-longest on record. Only the expansion from March 1991 to March 2001 lasted […]