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FILE - In this Feb. 2, 2011, file photo, a wallet containing cash and a Visa card is displayed in Surfside, Fla. Peers can hold you accountable and keep you motivated with financial goals. (AP Photo/Wilfredo Lee, File)
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MONEY NEWS FROM THE ASSOCIATED PRESS

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  • FILE - In this Feb. 2, 2011, file photo, a wallet containing cash and a Visa card is displayed in Surfside, Fla. Peers can hold you accountable and keep you motivated with financial goals. (AP Photo/Wilfredo Lee, File) Money

    Peer pressure, applied well, boosts financial health

    When you’re training for a fitness goal, a workout buddy can be your best asset. She’s the one who cheers you on good days and pushes you on bad days. When you’re working to reach a financial goal, friends can be equally helpful. Peers can influence how much you save for retirement, determine when you […]
  • A woman walks by an electronic stock board of a securities firm in Tokyo, Friday, Aug. 18, 2017. Asian stocks sank Friday as big losses on Wall Street amid continuing U.S. political turmoil and a deadly van attack in Spain pressured global investor sentiment. (AP Photo/Koji Sasahara) Money

    Asian shares slide as Wall Street fall, Spain attack weigh

    HONG KONG (AP) — Asian stocks sank Friday as global investor sentiment was battered by big losses on Wall Street amid U.S. political turmoil and a deadly van attack in Spain. KEEPING SCORE: Japan’s benchmark Nikkei 225 index lost 1 percent to 19,505.23 and South Korea’s Kospi shed 0.2 percent to 2,356.58. Hong Kong’s Hang […]
  • Money

    Markets Right Now: Stocks have their 2nd worst fall of 2017

    NEW YORK (AP) — The latest on developments in financial markets (All times local): 4:00 p.m. Stocks had their second-worst drop of the year, led by declines in technology companies, retailers and banks. The slump Thursday brought the Standard & Poor’s 500 index back to where it was on July 11. It was the biggest […]
  • FILE - In this Wednesday, Aug. 31, 2016, file photo, a worker at the C.C. Filson Co. manufacturing facility stitches a belt at a sewing machine, in Seattle. On Thursday, Aug. 17, 2017, the Federal Reserve reports on U.S. industrial production for July. (AP Photo/Ted S. Warren, File) Money

    US factory output down in July on tumbling auto production

    WASHINGTON (AP) — A slump in the auto industry drove U.S. factory output down in July and has kept it flat for months. The Fed said Thursday that factory production dropped 0.1 percent last month, pulled down by a 3.5 percent plunge in output of cars, trucks and auto parts. Auto production has dropped for […]
  • FILE - In this May 30, 2013, file photo, job seekers line up to talk to recruiters during a job fair held in Atlanta. On Thursday, Aug. 17, 2017, the Labor Department reports on the number of people who applied for unemployment benefits a week earlier. (AP Photo/John Amis, File) Money

    US weekly requests for jobless aid down 12,000 to 232,000

    WASHINGTON (AP) — Fewer Americans applied for jobless aid last week, as the number of people seeking benefits remained close to historic lows. THE NUMBERS: Weekly unemployment applications fell by 12,000 to a seasonally-adjusted 232,000, the Labor Department said Thursday. The less volatile four-week average slipped 500 to 240,500. The number of people collecting unemployment […]
  • In this Thursday, June 1, 2017, photo, customers walk out of a Walmart store in Hialeah Gardens, Fla. Wal-Mart Stores, Inc. reports earnings, Thursday, Aug. 17, 2017. (AP Photo/Alan Diaz) Money

    Walmart’s online sales soar as it seeks to catch Amazon

    NEW YORK (AP) — Walmart’s recent spending spree to try to catch up to Amazon seems to be paying off. The world’s largest retailer said Thursday that online sales soared 60 percent in the past three months as people shopped more at Walmart.com, Jet.com and its other websites. Walmart had paid more than $3 billion […]
  • Money

    China warns Washington against ‘trade war’

    BEIJING (AP) — China’s government on Thursday warned “there is no winner in a trade war” after an aide to President Donald Trump called in published comments for a tougher stance toward Beijing. A foreign ministry spokeswoman, Hua Chunying, appealed for dialogue to preserve stable relations when asked about the comments by Trump’s chief strategist, […]
  • A woman walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Thursday, Aug. 17, 2017. Asian shares were mostly higher Thursday, tracking gains overnight on Wall Street. The Nikkei index slipped as the yen strengthened against the U.S. dollar. (AP Photo/Eugene Hoshiko) Money

    Global stocks slip as investors digest central bank reports

    TOKYO (AP) — Stock markets mostly fell on Thursday as investors digested the minutes to the last policy meetings of the Federal Reserve and European Central Bank. KEEPING SCORE: Germany’s DAX edged 0.1 percent lower to 12,253 and the CAC 40 of France fell 0.2 percent to 5,166. Britain’s FTSE 100 gave up 0.4 percent […]
  • Hyundai Motors' new hydrogen fuel cell vehicle is displayed during a media preview in Seoul, South Korea, Thursday, Aug. 17, 2017. Hyundai Motor says its new hydrogen fuel cell vehicle will travel more than 580 kilometers (360 miles) between fill-ups. (AP Photo/Lee Jin-man) Money

    Hyundai unveils new fuel cell SUV with longer travel range

    SEOUL, South Korea (AP) — Hyundai Motor said Thursday it plans to launch early next year a second-generation hydrogen fuel cell vehicle that will travel more than 580 kilometers (360 miles) between fill-ups under Korean standards. If delivered as promised, the new fuel cell vehicle will travel 40 percent farther than its first generation fuel […]
  • In this Jan. 25, 2017 photo, a Japanese flag is hoisted near the pier of a container terminal in Tokyo. Japan's exports and imports rose at a fast clip in July, reflecting a recovery in demand in China, Southeast Asia and the U.S., according to data released Thursday, Aug. 17, 2017. (AP Photo/Eugene Hoshiko) Money

    Japan trade surges in July on strong demand in China, US

    TOKYO (AP) — Japan’s exports and imports rose at a fast clip in July, reflecting a recovery in demand in China, Southeast Asia and the U.S., though export prices rose faster than volumes for many products. Exports rose more than 13 percent from a year earlier to 6.5 trillion yen ($59 billion) while imports jumped […]