BC-APFN-Business News Digest
Here are AP Business News’ latest coverage plans, top stories and promotable content. All times EST. For up-to-the minute information on AP’s coverage, visit Coverage Plan at newsroom.ap.org.
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: 940 words, photos.
FEDERAL RESERVE-POWELL — Federal Reserve Chairman Jerome Powell said that he will not resign if asked to do so by President Donald Trump, a message that heartened investors who had been concerned by Trump’s repeated attacks on his hand-picked choice to lead the nation’s central bank. By Martin Crutsinger. SENT: 430 words.
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. SENT 860 words, photos.
FINANCIAL MARKETS — Global stocks are jumping as investors welcomed news of trade talks between the U.S. and China next week and the U.S. government reported a big increase in hiring in December. The Dow Jones Industrial Average soared about 500 points. By Marley Jay. SENT: 720 words, photos. UPCOMING: Will be updated through 5 p.m.
MARKETS & ECONOMY:
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. SENT: 560 words, photos.
MARRIOTT DATA BREACH — Marriott says fewer guest records were compromised than feared in a previously announced data breach. SENT: 390 words, photos.
FORD-RECALL — Ford is recalling more than 953,000 vehicles worldwide to replace Takata passenger air bag inflators that can explode and hurl shrapnel. By Tom Krishner. SENT: 420 words, photos.
GOVERNMENT SHUTDOWN — For the second time in three days, congressional leaders arrived at the White House Friday for talks with President Donald Trump amid signs of growing Republican unease over the prolonged partial government shutdown. By Matthew Daly, Catherine Lucey and Jill Colvin. SENT: 1,160 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.
KUSHNERS-OPPORTUNITY ZONES — A watchdog group is asking the Justice Department to investigate whether President Donald Trump’s daughter Ivanka violated federal conflict-of-interest law by her key role in promoting an Opportunity Zone tax break program from which she could potentially benefit. By Stephen Braun. SENT: 130 words.
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.
MONEY & MARKETS SUMMARY:
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