Stocks

Business Highlights

___ Fed likely to keep rates on hold and sketch a bright outlook WASHINGTON (AP) — With the economy strong, wages rising and unemployment at a near-five-decade low, the Federal Reserve remains on track to keep raising interest rates — just not this week.

Business Highlights

___ US economy looks strong heading into congressional elections WASHINGTON (AP) — For a U.S. economic expansion now in its 10th year, hiring remains robust, growth has picked up and the outlook is a mainly bright one on the eve of congressional elections.

Malaysia unveils record 2019 budget, fiscal deficit rises

Malaysia's new government has unveiled a record budget for 2019 despite battling a huge national debt, with new tax measures and increased dividends from national oil company Petronas intended to plug the country's fiscal deficit.

World stock markets rally on news of Trump-Xi talks

Asian shares advanced Friday after President Donald Trump and his Chinese counterpart Xi Jinping spoke by phone and the Chinese state media reported progress in resolving trade tensions between their two countries.

Business Highlights

___ Google employees leave work to protest treatment of women SAN FRANCISCO (AP) — Thousands of Google employees around the world walk off the job to protest what they say is the tech giant's mishandling of sexual misconduct allegations against executives.