Economic Indicators

The latest on developments in financial markets (all times local): 9:35 a.m.

Fiat Chrysler Automobiles CEO Mike Manley says the Italian-American carmaker will build a fully electric version of the 500 city car and a compact Alfa Romeo SUV at plants in Italy.

Trade turmoil will create economic headwinds in the first half of 2019, the UBS chairman said.

The president threatened to impose tariffs on all auto imports this week.

The governor of the Bank of England says most British businesses aren't ready for a no-deal departure from the European Union.

Spending jumped 0.6 percent as households spent more on prescription drugs and utilities.

US consumer spending rises strong 0.6 percent in October, while incomes up solid 0.5 percent.

Most Asian stock markets followed Wall Street higher on Thursday after Federal Reserve Chairman Jerome Powell suggested the pace of U.S. interest rate increases might slow.

Kosovo's prime minister says a new 100 percent tariff on Serbian imports will remain until Serbia recognizes his country's sovereignty and stops preventing it from joining international organizations.

German unemployment fell in November by more than expected as the labor market in Europe's biggest economy remained robust.

South Korea's top court has ordered a Japanese company to compensate 10 Koreans for forced labor during Tokyo's 1910-45 colonial rule of the Korean Peninsula.

U.S. stock indexes are rising Wednesday morning as software maker Salesforce leads a rally in technology companies.

Tiffany & Co. (TIF) on Wednesday reported fiscal third-quarter net income of $94.9 million.

Michigan's Republican-led Legislature began voting Wednesday on bills that would substantially scale back citizen-initiated minimum wage and paid sick leave laws that a business lobby criticized as too expensive and burdensome, setting up expected court challenges.

Three days before a U.S.-China summit, the top U.S. trade official is blasting Beijing for imposing "egregious" taxes on American-made cars.

Gov. Andrew Cuomo said he and President Donald Trump had a "productive" meeting Wednesday to discuss one of the Northeast's most pressing transportation needs: a new rail tunnel under the Hudson River.

Australian Army veteran Wolfgang Neszpor was stunned when he heard his recently repaired shoulder squeak.

___ Stocks surge as Powell hints at slower interest rate hikes NEW YORK (AP) — U.S. stocks made their biggest gain in eight months after Federal Reserve Chairman Jerome Powell hinted that the Fed might be willing to raise interest rates at a slower pace next year.

New Zealand's international spy agency has banned mobile company Spark from using Huawei equipment in its planned 5G upgrade, saying it posed a "significant network security risk."

U.S. stocks rocketed to their biggest gain in eight months Wednesday after Federal Reserve Chairman Jerome Powell hinted that the Fed might not raise interest rates much further.