David McHugh
European Economic Correspondent at Associated Press
European economics writer for AP. Born in Detroit. @umich Moscow, Berlin, London, Kyiv.
Articles
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2 weeks ago |
castanet.net | Stan Choe |David McHugh |Jiang Junzhe |Curtis Withers
Oil prices leaped, and stocks slumped Friday on worries that escalating violence following Israel’s attack on Iranian nuclear and military targets could damage the flow of crude around the world, along with the global economy. The S&P 500 sank 1.1% and wiped out what had been a modest gain for the week. The Dow Jones Industrial Average dropped 769 points, or 1.8%, and the Nasdaq composite lost 1.3%.
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3 weeks ago |
ncnewsonline.com | David McHugh
FRANKFURT, Germany (AP) — The European Central Bank cut its benchmark interest rate for an eighth time, aiming to support businesses and consumers with more affordable borrowing as U.S. President Donald Trump’s trade war threatens to slow already tepid growth. The bank’s rate-setting council cut interest rates by a quarter of a point Thursday at the bank’s skyscraper headquarters in Frankfurt.
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3 weeks ago |
wdtimes.com | David McHugh
FRANKFURT, Germany (AP) - The European Central Bank cut its benchmark interest rate for an eighth time, aiming to support businesses and consumers with more affordable borrowing as U.S. President Donald Trump's trade war threatens to slow already tepid growth. The bank's rate-setting council cut interest rates by a quarter of a point Thursday at the bank's skyscraper headquarters in Frankfurt.
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3 weeks ago |
castanet.net | Sammy Hudes |Craig Lord |David McHugh |Marcia Dunn
Shoppers at Loblaw Cos. Ltd.'s stores will soon no longer be able to get a coffee fix by purchasing Folgers-brand products after a pricing dispute prompted the grocer to pull them from its shelves. In an email sent to retailers on Wednesday, Loblaw said it decided to delist all Folgers products after talks with the coffee maker's manufacturer couldn't solve the impasse.
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3 weeks ago |
kiro7.com | David McHugh
FRANKFURT, Germany — (AP) — The European Central Bank cut its benchmark interest rate for an eighth time, aiming to support businesses and consumers with more affordable borrowing as U.S. President Donald Trump's trade war threatens to slow already tepid growth. The bank’s rate-setting council cut interest rates by a quarter of a point Thursday at the bank’s skyscraper headquarters in Frankfurt.
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