Economy

FILE- In this Feb. 8, 2018, file photo the logo for Twitter is displayed above a trading post on the floor of the New York Stock Exchange. Twitter reports earnings Wednesday, April 25, 2018. (AP Photo/Richard Drew, File)
April 25, 2018 - 7:24 am
SAN FRANCISCO (AP) — Twitter is reporting its second profitable quarter with very strong profit and revenue numbers, sending shares up sharply in premarket trading. The company posted earnings of $61 million Wednesday, or 8 cents per shares. Adjusted for one-time gains and costs, per-share earnings...
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April 25, 2018 - 5:59 am
BEIJING (AP) — China's foreign ministry said Wednesday that it welcomes a planned visit by U.S. Treasury Secretary Steve Mnuchin to Beijing next week amid trade tensions between the world's two largest economies. Foreign ministry spokesman Lu Kang said Wednesday that China looks forward to the...
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Healthy Housing survey
dreamstime
Ken Pauli
April 25, 2018 - 4:00 am
South Carolina, including the Upstate, has a very healthy housing market. Those are the findings in the latest survey by SmartAsset . Several Upstate communities even hit the top 5 in the financial tech company's 4th annual Healthiest Housing Markets study . SmartAsset determines those healthy...
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In this April 16, 2018 photo, people walk by an electronic stock board of a securities firm in Tokyo. Asian shares dipped Wednesday, April 25, mirroring a sell-off on Wall Street on fears about slowing growth and falling company profits. (AP Photo/Koji Sasahara)
April 25, 2018 - 3:21 am
TOKYO (AP) — Asian shares dipped Wednesday, mirroring a sell-off on Wall Street triggered by worries over slowing growth and falling profits. KEEPING SCORE: Japan's benchmark Nikkei 225 shed 0.3 percent to finish at 22,215.32. Hong Kong's Hang Seng lost 1.1 percent to 30,281.15. The Shanghai...
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April 24, 2018 - 6:18 pm
WASHINGTON (AP) — President Donald Trump said Tuesday that Treasury Secretary Steven Mnuchin will soon travel to China for talks as the two global economic powers deal with trade tensions. Trump said during a White House news conference with French President Emmanuel Macron that Mnuchin will be...
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FILE- This April 5, 2018, file photo shows the facade of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Tuesday, April 25. (AP Photo/Richard Drew, File)
April 24, 2018 - 4:22 pm
NEW YORK (AP) — After a strong start, U.S. stocks abruptly sold off Tuesday after machinery maker Caterpillar said it doesn't expect to top its first-quarter profit for the rest of the year. The Dow Jones industrial average plunged as much as 619 points as investors feared that rising oil prices...
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April 24, 2018 - 12:39 pm
WASHINGTON (AP) — Democratic Sen. Mark Warner of Virginia is warning bankers that legislation rolling back financial rules put in place after the 2008 economic crisis could stall. Warner says legislation revamping the law known as Dodd-Frank "will not pass if it comes back to the Senate" for...
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FILE- In this April 9, 2018, file photo shoppers walk in a mall in Salem, N.H. On Tuesday, April 25, the Conference Board releases its April index on U.S. consumer confidence. (AP Photo/Elise Amendola, File)
April 24, 2018 - 11:02 am
WASHINGTON (AP) — American consumers were feeling more confident in April, rebounding to a level close to the 18-year high it had reached two months ago. The Conference Board said Tuesday that its confidence index rose to 128.7 in April, up from a March level of 127.0. The March level was just...
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South Carolina Radio Network
April 24, 2018 - 10:36 am
The South Carolina Ports Authority is looking to buy land further inland for future expansion.
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April 24, 2018 - 10:22 am
WASHINGTON (AP) — Sales of new U.S. homes jumped 4 percent in March, propelled by a surge of buying in the West. The Commerce Department said Tuesday that sales last month were at a seasonally adjusted annual rate of 694,000. The two prior months had their sales revised upward with the annual rate...
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