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Markets Right Now: Stocks open lower on Wall Street

The Associated Press  |  Posted   Feb 28th - 7:43am

The latest on developments in financial markets (All times local):

What's the buzz? Pot-growing lights vex ham radio operators

Marina Villeneuve, Associated Press  |  Posted   Feb 28th - 7:40am

Retired Coast Guard officer Roger Johnson sometimes notices a harsh buzz when he turns on his amateur radio, and he blames high-powered lighting used to grow pot.

US home prices rise in December at fastest pace in a year

Christopher S. Rugaber, Associated Press  |  Posted   Feb 28th - 7:32am

U.S. home prices rose in December from a year earlier at the fastest pace in 11 months, as prospective buyers bid against each other for a limited supply of available property.

French presidential candidates seek votes from upset farmers

Angela Charlton, Associated Press  |  Posted   Feb 28th - 7:24am

French presidential candidates are admiring cows and promising new solutions for farmers who fear their livelihood — and the treasured cuisine and picturesque landscape it represents — is on its last legs.

US economy grew at weak 1.9 percent rate in 4th quarter

Martin Crutsinger, Associated Press  |  Posted   Feb 28th - 7:15am

The U.S. economy grew at an anemic 1.9 percent rate in the fourth quarter, unchanged from an initial estimate, although consumers performed better than first thought.

The Latest: Trump says Yemen raid gained 'tremendous' info

The Associated Press  |  Posted   Feb 28th - 6:40am

The Latest on President Donald Trump (all times local):

Florida police chief resigns over racial comments to officer

The Associated Press  |  Posted   Feb 28th - 6:34am

A northeast Florida police chief has resigned following allegations he made racially offensive remarks toward a subordinate and then tried to thwart an investigation into the complaint.

US economy grew at 1.9 percent rate in Q4, unchanged from initial estimate; consumer spending improved

The Associated Press  |  Posted   Feb 28th - 6:34am

US economy grew at 1.9 percent rate in Q4, unchanged from initial estimate; consumer spending improved.

What's next for Samsung as executives face criminal charges?

Youkyung Lee, Associated Press  |  Posted   Feb 28th - 6:04am

Five Samsung executives, including the company's 48-year-old billionaire heir, will stand trial in the coming months on bribery, embezzlement and other charges linked to a massive scandal that toppled South Korea's president.

Global markets drift ahead of Trump speech to Congress

Kelvin Chan, Associated Press  |  Posted   Feb 28th - 5:54am

Global stock markets traded in fairly narrow ranges Tuesday as investors awaited a speech by President Donald Trump to both houses of Congress that could have a major bearing on the outlook for all types of financial assets in the near-term.

Trump ordering review of Obama rule protecting small streams

Jill Colvin, Associated Press  |  Posted   Feb 28th - 5:54am

President Donald Trump will sign an executive order Tuesday mandating a review of an Obama-era rule aimed at protecting small streams and wetlands from development and pollution.

Trump looks to refocus his presidency in address to Congress

Julie Pace, Associated Press  |  Posted   Feb 28th - 5:42am

With his first address to Congress, President Donald Trump has an opportunity to refocus his young administration on the economic issues that helped him get elected. His allies hope it will help him move beyond the distractions and self-inflicted wounds that he has dealt with so far.

Target rattles Wall Street with weak quarter, outlook

The Associated Press  |  Posted   Feb 28th - 5:35am

Target reported a 43 percent drop in fourth-quarter profit and weak store sales overshadowed an improving online performance. Its outlook for the first quarter and all of 2017 were far below what industry analysts had been expecting.

Pakistan deploys extra police ahead of key regional summit

Asif Shahzad, Associated Press  |  Posted   Feb 28th - 5:35am

Pakistan deployed extra police forces and paramilitary units on Tuesday in the country's capital to boost security ahead of a regional summit on economic cooperation, officials said.

EU court rejects bid to nix tariffs on Chinese solar panels

The Associated Press  |  Posted   Feb 28th - 5:27am

A European Union court on Tuesday dismissed a bid by 26 companies to annul anti-dumping tariffs imposed by the bloc on Chinese solar panels more than three years ago.

South Korean prosecutors indict Samsung's de facto chief

Youkyung Lee and Kim Tong-Hyung, Associated Press  |  Posted   Feb 28th - 5:25am

South Korean special prosecutors indicted Samsung's de facto chief Tuesday on bribery, embezzlement and other charges linked to a political scandal that has toppled President Park Geun-hye.

Fake fashion fuels vast illicit profits, sea of human misery

Lynne O'Donnell, Associated Press  |  Posted   Feb 28th - 5:24am

In a warehouse at London's sprawling Heathrow Airport, a border officer pulls open a cardboard box he suspects contains contraband goods. Bingo — his instincts are rewarded.

Saudi Aramco inks $7 billion deal for Malaysian oil venture

Eileen Ng, Associated Press  |  Posted   Feb 28th - 5:15am

Oil giant Saudi Aramco signed a $7 billion deal Tuesday to take a 50 percent stake in a mega Malaysian oil refinery project, in a pact expected to help Saudi Arabia increase trade in Southeast Asia.

5 things analysts and investors want to hear in Trump speech

Christopher S. Rugaber, Associated Press  |  Posted   Feb 28th - 5:06am

Economists and investors will be looking for one thing above all from President Donald Trump's speech to the nation Tuesday night:

How would you change France? Voters in downbeat town respond

Nicolas Garriga, Associated Press  |  Posted   Feb 28th - 4:53am

A handwritten sign invited market-goers in Crepy-en-Valois, a down-and-out town north of Paris, to make their voices heard ahead of France's pivotal presidential election.