Economy

Economy

Amazon considering N.Y. amid reports headquarters will be split

NEW YORK (AP) — New York is one of the finalists in Amazon's search to build another headquarters, according to a person familiar with the talks.

After a yearlong search for a second home, Amazon is now reportedly looking to build offices in two cities instead of one, a surprise move that could still have a major impact on the sites it ultimately selects.

Amazon drops free shipping minimum for holidays

NEW YORK (AP) — Amazon is following Target and temporarily dropping the minimum amount shoppers need to spend to qualify for free shipping.

Supreme Court rejects net neutrality appeal

WASHINGTON (AP) — The Supreme Court has ended the court fight over repealed Obama-era "net neutrality" rules that required internet providers to treat all online traffic equally.

AP Fact Check: Trump's fabrications on Medicare, immigrants

EDITOR'S NOTE — A look at the veracity of claims by political figures.

WASHINGTON (AP) — In the final days before pivotal midterm elections, President Donald Trump is painting a distorted picture of immigration while exaggerating his record of achieving economic gains for non-whites and improving health care for veterans.

Services firms' growth slipped in October

WASHINGTON (AP) — U.S. services firms expanded at a slightly slower rate in October, after achieving a record pace in September in a sign of the economy's strength and endurance.

Just Askin' | The early-Thanksgiving effect

Q: Does Thanksgiving falling so early affect how much people spend on Christmas gifts?

A: It doesn't appear to.

Thanksgiving lands on Nov. 22 this year, the earliest it can be. But Ana Serafin Smith, a spokeswoman for the National Retail Federation, said, "It really doesn't make too much of a difference."

U.S. adds 250,000 jobs in October

WASHINGTON (AP) — The final major economic report before Tuesday's congressional elections showed that U.S. employers added a stellar 250,000 jobs in October and raised average pay by the most in nearly a decade.

At the same time, the unemployment rate remained at a five-decade low of 3.7 percent.

Trade gap grew to $54 billion in September

WASHINGTON (AP) — Record imports expanded the U.S. trade deficit for the fourth straight month in September, as the politically sensitive trade deficit in goods with China hit a record.

Job-market indicators hint at further strength

WASHINGTON — Against the backdrop of next week's midterm elections, the U.S. job market is the healthiest it has been in at least two decades. And with another strong hiring report expected today, some barometers of the job market suggest that it has room to strengthen further.

Construction spending flat in September

WASHINGTON (AP) — Spending on U.S. construction projects was essentially unchanged in September, the weakest showing since June, as an increase in home construction was offset by a slide in spending on government projects.

The Commerce Department said Thursday that the flat reading for September followed a 0.8 percent rise in August.

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