• This July 9, 2015 photo shows a Wall Street sign near the New York Stock Exchange in New York.  World stock markets turned lower on Friday, Aug. 19, 2016 as investors speculated whether the U.S. Federal Reserve will raise interest rates in coming months. (AP Photo/Seth Wenig)

    US stocks skid as market heads lower for the week

    NEW YORK (AP) — U.S. stocks took small losses Friday to end a quiet week of trading. Energy companies fell as a rally in oil prices faded and investors continue to sell the safe assets they favored earlier this year. Technology and materials companies made small gains.

  • Correction: China-G20 story

    BEIJING (AP) — In a story Aug. 15 about (topic), The Associated Press misspelled the name of a deputy Chinese foreign minister. He is Li Baodong, not Li Baoding.

  • Competitors paddles during the men's kayak double 200m final during the 2016 Summer Olympics in Rio de Janeiro, Brazil, Thursday, Aug. 18, 2016. (AP Photo/Matt York)

    Paralympics get a taxpayer bailout in cash-strapped Rio

    RIO DE JANEIRO (AP) — The Rio Games organizing committee can take public money to put on the upcoming Paralympic Games.

  • In this Monday, May 9, 2016, file photo, specialist Meric Greenbaum works on the floor of the New York Stock Exchange. Even as the market set record highs in July, investors remained skeptical of stocks and pulled out nearly as much money from stock funds as they deposited. Bond and gold funds, meanwhile, are hot.  (AP Photo/Richard Drew, File)

    Stocks keep going up, and investors keep saying no thanks

    NEW YORK (AP) — Stocks keep reaching new heights, and investors keep giving them the side eye.

  • This July 15, 2013, file photo, shows the New York Stock Exchange. Stocks are little changed early Thursday, Aug. 18, 2016, as the market remains in the doldrums. Energy companies are rising as the price of oil continues a recent recovery and phone companies and health care stocks are trading lower. (AP Photo/Mark Lennihan, File)

    US stocks wobble as energy companies rise, health care dips

    HONG KONG (AP) — Most Asian stock benchmarks drifted lower Friday as investors hunkered down to mull resurgent oil prices and corporate earnings while awaiting a key speech by the Fed chief next week.

  • In this May 4, 2016, file photo, Duncan Wallace drives a golf cart from his house to his golf club as a group of landscape workers take a break in Vista, Calif. Income inequality has surged near levels last seen before the Great Depression. The average income for the top 1 percent of households climbed 7.7 percent last year to $1.36 million, according to tax data. That privileged sliver of the population saw pay climb at almost twice the rate of income growth for the other 99 percent, whose pay averaged a humble $48,768. (AP Photo/Gregory Bull, File)

    WHY IT MATTERS: Income inequality

    WASHINGTON (AP) — THE ISSUE: The rich keep getting richer while more Americans are getting left behind financially.

  • In this Friday, Nov. 13, 2015, file photo, the American flag flies above the Wall Street entrance to the New York Stock Exchange. U.S. stocks slipped early Tuesday, Aug. 16, 2016, as investors continued to sell phone company and utility stocks. Materials companies are the exception, as they’re trading higher as the dollar weakens. Investors are also sifting through reports that showed inflation remained weak in July, but home building and factory production improved. (AP Photo/Richard Drew, File)

    US stocks earnings hit retailers like Target and Lowe’s

    BEIJING (AP) — Asian stocks rose Wednesday after Wall Street edged higher on news the U.S. Federal Reserve is in no hurry to raise interest rates. Japan’s benchmark fell after the country reported declines in both exports and imports in July.

  • Republican presidential nominee Donald Trump looks over the crowd during his campaign rally Tuesday, Aug. 16, 2016 in West Bend, Wis. (John Ehlke/West Bend Daily News via AP)

    How the Trump and Clinton tax plans would affect Americans

    WASHINGTON (AP) — For America’s wealthiest families, the presidential campaign presents a stark choice: A big tax increase if Hillary Clinton wins the election — or a big tax cut if Donald Trump wins.

  • In this Friday, Nov. 13, 2015, file photo, the American flag flies above the Wall Street entrance to the New York Stock Exchange. U.S. stocks slipped early Tuesday, Aug. 16, 2016, as investors continued to sell phone company and utility stocks. Materials companies are the exception, as they’re trading higher as the dollar weakens. Investors are also sifting through reports that showed inflation remained weak in July, but home building and factory production improved. (AP Photo/Richard Drew, File)

    US stocks dip as phone stocks fall; earnings hit retailers

    NEW YORK (AP) — U.S. stocks are trading lower Wednesday morning as losses for phone and utility companies continue to drag the market from its recent record highs. Retailers including Target and Lowe’s are skidding after disappointing earnings. The Federal Reserve will release minutes from its July meeting in the afternoon.