BC-APFN-Business News Preview
Among the stories Friday from The Associated Press:
ECONOMY-JOBS REPORT — U.S. employers dramatically stepped up their hiring in December, adding 312,000 jobs in an encouraging display of strength for an economy in the midst of a trade war, slowing global growth and a partial shutdown of the federal government. By Josh Boak. SENT: 520 words, photos.
FEDERAL RESERVE-POWELL — Federal Reserve Chair Powell holds a join discussion with predecessors Janet Yellen and Ben Bernanke at the American Economic Association and Allied Social Science Association annual conference in Atlanta. By Martin Crutsinger. UPCOMING: 130 words after event starts at 10:15 a.m. 350 words by 11:00 a.m.
YE-HOUSING MARKET OUTLOOK — Economists expect the U.S. housing market slowdown that began this year to worsen in 2019, with rising mortgage rates and prices squeezing out many would-be homebuyers, especially those looking to transition from renting to homeownership. By Alex Veiga. UPCOMING: 800 words, photos.
GADGET SHOW-WOMEN IN TECH — The world’s biggest tech conference, which kicks off in Las Vegas next week, has been under fire for not featuring women as prominent speakers in recent years even as it lets companies to hawk their wares using scantily clad “booth babes.” As gender diversity becomes a focal point for the technology industry, will this year be any different? By Barbara Ortutay. UPCOMING 800 words, photos.
GOVERNMENT SHUTDOWN — Amid signs of Republican unease over the prolonged partial government shutdown, congressional leaders planned to meet Friday with President Donald Trump after House Democrats muscled through legislation to fund the government but not his border wall. By Matthew Daly, Catherine Lucey and Jill Colvin. SENT: 760 words, photos, video.
AP POLL-AMERICAN PRIORITIES — As much of the U.S. government remains shut down over President Donald Trump’s insistence on funding for his border wall, nearly half of Americans identify immigration as a top issue for the government to work on this year. By Nicholas Riccardi and Hannah Fingerhut. SENT: 1,180 words.
MARKETS & ECONOMY:
FINANCIAL MARKETS — Stocks are jumping at the open on Wall Street as investors welcome news of trade talks between the U.S. and China and a big gain in jobs in the U.S. SENT: 180 words, photos. UPCOMING: Will be updated through 5 p.m.
MARRIOTT DATA BREACH — Marriott says fewer guest records were compromised than feared in a previously announced data breach. SENT; 130 words.
FORD-RECALL — Ford is recalling more than 953,000 vehicles worldwide to replace Takata passenger air bag inflators that can explode and hurl shrapnel. SENT: 180 words, photos.
CHINA-TARIFFS — American envoys are due in Beijing for talks Monday in a tariff battle over Chinese technology ambitions that threatens to hobble global economic growth. By Joe McDonald. SENT: 780 words, photos.
EUROPE-ECONOMY — Further signs of a cooldown in the eurozone economy emerged Friday, weighing on expectations that the European Central Bank will start raising interest rates this year. By Pan Pylas. SENT: 600 words, photos.
BRITAIN-ECONOMY — With Britain just 12 weeks away from the day it is meant to leave the European Union, one thing is becoming clear — uncertainty over what Brexit will mean is hurting the economy. By Pan Pylas. SENT: 650 words, photos.