Economic news

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US takes Thailand off human trafficking blacklist

The United States removed Thailand from its human trafficking blacklist on Thursday, though forced labor remains widespread in the nation's lucrative seafood industry. The State Department made the assessment in its annual Trafficking in Persons Report, which examines 188 governments' efforts in combating modern-day slavery. Key U.S. trading partner Malaysia ...

FILE - In this Tuesday, Oct. 6, 2015, file photo, a job seeker fills out a job application during a job fair at Dolphin Mall in Miami. On Thursday, June 30, 2016, the Labor Department reports on the number of people who applied for unemployment benefits the week before. (AP Photo/Wilfredo Lee, File)

Claims for unemployment aid rise but remain at low level

More Americans applied for unemployment benefits last week, but the level of jobless claims remains low enough to suggest that most workers enjoy job security. The Labor Department said Thursday that weekly U.S. applications rose by 10,000 to a seasonally adjusted 268,000. The 4-week average, which is less volatile, was ...

EU opens probe of global beer giant AB InBev

The European Union opened an investigation Thursday into global beer giant AB InBev to determine if it has abused its dominant position in Belgium by hindering cheaper imports of its products from neighboring countries. EU officials said there are suspicions the company, based in Leuven, Belgium, may be pursuing a ...

Eurozone inflation back above zero in June, but still low

The annual rate of inflation in the 19 countries that use the euro rose to 0.1 percent in June from below zero, but is still far short of official targets. The Eurostat statistical agency said Thursday that a recent pick-up in oil prices helped push the reading up from minus ...

UK stock index above pre-vote level: Crisis over? Not likely

Britain's main stock market is back above where it was before the vote to leave the European Union plunged the country into turmoil. That doesn't mean all is back to normal for the economy, however. The FTSE 100 index was up 0.4 percent at 6,387 on Thursday, above the 6,338 ...

Alvin Toffler, author of 'Future Shock,' dead at 87

Alvin Toffler, a guru of the post-industrial age whose million-selling "Future Shock" and other books anticipated the disruptions and transformations brought about by the rise of digital technology, has died. He was 87. He died late Monday in his sleep at his home in the Bel Air neighborhood of Los ...

Stocks rise as markets get over 'Brexit' shock

World stock markets mostly rose Thursday as investors gradually overcame the shock set off by Britain's vote last week to leave the European Union. KEEPING SCORE: France's CAC 40 rose 0.7 percent to 4,224 and Germany's DAX edged up 0.2 percent to 9,632. Britain's FTSE 100 rose 0.2 percent to ...

10 Things to Know for Today

Your daily look at late-breaking news, upcoming events and the stories that will be talked about today: 1. RAIDS NET ISTANBUL AIRPORT SUSPECTS Police detain 13 people — including three foreign nationals — in connection with the attack that killed more than 40 people at Ataturk airport, Turkey's state-run news ...

German jobless rate edges below 6 percent in June

Germany's unemployment rate edged below 6 percent in June, reflecting the robust state of Europe's biggest economy. The Federal Labor Agency said Thursday that 2.614 million people were registered as unemployed, 50,000 fewer than in May and 97,000 fewer than a year earlier. The unadjusted jobless rate dipped to 5.9 ...

In this Friday, June 24, 2016 photo, former Civilian Conservation Corps laborer Rupert Lopez, 100, right, of Corrales, N.M., speaks with Nina Roosevelt Gibson, a granddaughter of President Franklin D. Roosevelt in Santa Fe, N.M on , in Santa Fe, N.M. The two met at a symposium about the legacy of the New Deal organized by the New Mexico chapter of the National New Deal Preservation Association. (AP Photo/Morgan Lee)

In New Mexico, New Deal legacy gets a second look

Amid the misery of the Great Depression, Rupert Lopez gratefully worked for $1 a day for the Civilian Conservation Corps, making adobe-block walls for a new regional National Park Service administration building in Santa Fe, New Mexico. The 100-year anniversary of the National Park Service is igniting new interest in ...

Ruling party defeated in Mongolian parliament elections

The opposition Mongolian People's Party has won a decisive victory in parliamentary elections in the landlocked nation where a fall in commodity prices has sent the economy into a sharp decline. The head of the national election commission said Thursday that the MPP won 65 out of 76 seats in ...

Mexican President Enrique Pena Nieto, right, shares a laugh with Governor General David Johnston, left, during a tree planting ceremony on the grounds of Rideau Hall the official residence of the Governor General to commemorate Nieto's visit to Ottawa, Tuesday, June 28, 2016. (Fred Chartrand/The Canadian Press via AP) MANDATORY CREDIT

North America leaders urge against Trump's isolationism

President Barack Obama and the leaders of Mexico and Canada pushed back forcefully on Wednesday against the isolationist and anti-immigrant sentiments that have roiled Britain and been championed by GOP presidential candidate Donald Trump. The leaders warned against easy solutions peddled by "demagogues" who feed on economic anxiety. With tensions ...

FILE - In this Tuesday, Sept. 8, 2015, file photo, a Wall Street street sign is framed by an American flag hanging on the facade of the New York Stock Exchange. U.S. stocks moved broadly higher in early trading Wednesday, June 29, 2016, echoing strong gains in global markets as investor worries about Britain’s vote to leave the European union eased. Traders also got encouraging data on U.S. consumer spending. (AP Photo/Mary Altaffer, File)

Asian shares mostly up as markets get over Brexit shock

Asian shares were mostly up Thursday as markets continued to gradually get over the shock set off by Britain's vote last week to leave the European Union. KEEPING SCORE: Japan's benchmark Nikkei 225 edged up 0.9 percent in early trading to 15,711.98, while South Korea's Kospi rose 0.3 percent to ...

A young girl joins family members and friends during funeral prayers for Gulsen Bahadir, 28, a Turkish Airlines (THY) flight attendant killed Tuesday at the blasts at Ataturk airport, in Istanbul, Wednesday, June 29, 2016. Suicide attackers killed dozens and wounded more than 140 at Istanbul's busy Ataturk Airport late Tuesday, the latest in a series of bombings to strike Turkey in recent months. Turkish authorities have banned distribution of images relating to the Ataturk airport attack within Turkey.(AP Photo/Emrah Gurel) TURKEY OUT

10 Things to Know for Thursday

Your daily look at late-breaking news, upcoming events and the stories that will be talked about Thursday: 1. WHAT THE ISLAMIC STATE GROUP WOULD HOPE TO GAIN FROM THE TURKEY AIRPORT ATTACK If it is behind the carnage, it would be in keeping with its accelerated tactic of exporting terror, ...

President Barack Obama walks on the South Lawn of the White House in Washington, Wednesday, June 29, 2016, to board Marine One for a short trip to Andrews Air Force Base, Md., than onto Ottawa, Canada. (AP Photo/Evan Vucci)

The Latest: Canada Parliament wishes Obama 'four more years'

The Latest on U.S. President Barack Obama's summit Wednesday with Canadian Prime Minister Justin Trudeau and Mexican President Enrique Pena Nieto (all times local): 6:50 p.m. Canada's Parliament broke into chants of "four more years" as President Barack Obama wrapped up the first address there by a U.S. leader since ...

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