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- A currency trader watches monitors near screens showing the Korea Composite Stock Price Index (KOSPI), left, and the exchange rate of South Korean won against the U.S. dollar, at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Monday, Nov. 21, 2022. Asian stock markets sank Monday after Wall Street ended with a loss for the week amid anxiety about Federal Reserve plans for more interest rate hikes to cool inflation. (AP Photo/Ahn Young-joon)
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Asian stocks down after Wall St weekly loss on rate fears
By JOE MCDONALD - AP Business Writer
Sun,11/20/22-9:40PM , 153 Reads
BEIJING (AP) — Asian stock markets sank Monday after Wall Street ended with a loss for the week amid anxiety about Federal Reserve plans for more interest rate hikes to cool inflation.

Hong Kong's benchmark fell more than than 3%. Shanghai, Tokyo and Sydney also retreated. Oil prices declined.
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- Janna Sharrett relaxes at home on a day off from her job as a full-time customer service rep for a contact lens and eyeglass company, on Tuesday, Nov. 1, 2022, in Grove City, Ohio. Sharrett earns $14.94 an hour but pays just $695 a month in rent thanks to the affordable housing apartment developed by a local nonprofit to expand the number of low-rent options in central Ohio. A shortage of housing of all kinds in the region is raising concerns as Intel Corp. develops a $20 billion project expected to add thousands of new residents. (AP Photo/Andrew Welsh-Huggins)
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Ohio's Intel project triggers housing fears in tight market
By ANDREW WELSH-HUGGINS - Associated Press
Sat,11/19/22-8:01AM , 348 Reads
COLUMBUS, Ohio (AP) — Intel’s announcement earlier this year of a $20 billion manufacturing operation bringing thousands of jobs to rural Ohio was greeted as an economic boon.
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- House Minority Leader Kevin McCarthy of Calif., right, and House Minority Whip Steve Scalise, R-La., arrive to speak with members of the press after a House Republican leadership meeting, Nov. 15, 2022, on Capitol Hill in Washington. McCarthy won the House Speaker nomination from his colleagues, while Scalise was voted majority leader. Even with their threadbare House majority, Republicans doubled down this week on using their new power to investigate the Biden administration and in particular the president’s son. (AP Photo/Patrick Semansky)
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House GOP pushes Hunter Biden probe despite thin majority
By COLLEEN LONG - Associated Press
Fri,11/18/22-11:09PM , 294 Reads
WASHINGTON (AP) — Even with their threadbare House majority, Republicans doubled down this week on using their new power next year to investigate the Biden administration and, in particular, the president’s
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- A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, Nov. 18, 2022. Asian stocks were mixed Friday after Wall Street declined following indications the Federal Reserve might raise interest rates higher than expected to cool inflation. (AP Photo/Ahn Young-joon)
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Stocks end higher on Wall Street but still fall for the week
By DAMIAN J. TROISE AND ALEX VEIGA - AP Business Writers
Fri,11/18/22-12:30AM , 450 Reads
A late-afternoon rally on Wall Street helped stocks close higher Friday, though the major indexes still wound up finishing lower for the week after several days of bumpy trading.
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