• Trader Timothy Nick, left, and specialist Paul Cosentino work on the floor of the New York Stock Exchange, Wednesday, May 4, 2016. Stocks are opening lower on Wall Street as investors were discouraged by signs of weakness in the U.S. job market and some weak corporate earnings. (AP Photo/Richard Drew)

    Weak US hiring report sends stocks lower on Wall Street

    NEW YORK (AP) — U.S. and global stock indexes were lower for a second day Wednesday following a dismal report on job creation that gave investors concern over the state of the economy. The data followed a round of economic news out of China and Europe a day earlier that also suggested sluggish growth.

    Updated: 1:06 pm

  • Cedar Street in the center of the village of Nickerson, Neb., is seen at night, Tuesday, April 19, 2016. When regional officials announced plans to open a $300 million chicken processing plant employing 1,100 workers, residents packed the firehall and the village board unanimously voted against the plant, and a week later the company gave up, saying they’d take their plant and jobs elsewhere. (AP Photo/Nati Harnik)

    Tiny Nebraska town says no to 1,100 jobs, citing way of life

    NICKERSON, Neb. (AP) — Half-ton pickup trucks crowd the curb outside the One Horse Saloon, a neon Coors Light sign in the window and rib-eye steaks on the menu, but otherwise Nickerson, Nebraska, is nearly silent on a spring evening, with only rumbling freight trains interrupting bird songs.

  • In this Wednesday, July 29, file 2015 photo, the Puerto Rican flag flies in front of Puerto Rico’s Capitol as in San Juan, Puerto Rico. Puerto Rico Gov. Alejandro Javier Garcia Padilla said on Sunday, May 1, 2016, that negotiators for the U.S. territory’s government have failed to reach a last-minute deal to avoid a third default and that he has issued an executive order to withhold payment. (AP Photo/Ricardo Arduengo, File)

    Q&A: Puerto Rico’s debt crisis explained

    NEW YORK (AP) — Puerto Rico’s debt crisis has reached a new level, with the island’s governor saying Puerto Rico will not pay most of its $470 million in debt payments due by Monday.

  • In this Wednesday, July 29, file 2015 photo, the Puerto Rican flag flies in front of Puerto Rico’s Capitol as in San Juan, Puerto Rico. Puerto Rico Gov. Alejandro Javier Garcia Padilla said on Sunday, May 1, 2016, that negotiators for the U.S. territory’s government have failed to reach a last-minute deal to avoid a third default and that he has issued an executive order to withhold payment. (AP Photo/Ricardo Arduengo, File)

    Q&A: Puerto Rico’s debt crisis explained

    NEW YORK (AP) — Puerto Rico’s debt crisis reached a new level late Sunday, when the island’s governor said Puerto Rico would not pay most of its $470 million in debt payments that are due by Monday.

  • In this Wednesday, Feb. 3, 2016, file photo, shoppers stop to look in the window of a lighting store in the Design District of Miami Beach, Fla. The U.S. economy inched forward at the weakest pace in two years from January through March, as consumer spending growth slowed, business investment plunged and exports declined further, according to data released by the Commerce Department, Thursday, April 28, 2016. (AP Photo/Lynne Sladky, File)

    US economy struggles at start of election year

    WASHINGTON (AP) — It was not a great start for the U.S. economy.

  • In this Thursday, Feb. 11, 2016, file photo, Federal Reserve Board Chair Janet Yellen prepares to testify on Capitol Hill in Washington, before the Senate Banking Committee hearing on: "The Semiannual Monetary Policy Report to the Congress." On Wednesday, April 27, 2016, the Federal Reserve releases its latest monetary policy statement after wrapping up a two-day meeting. (AP Photo/Susan Walsh, File)

    No Fed rate hike expected Wednesday, but what about in June?

    WASHINGTON (AP) — On this, pretty much every economist agrees: The Federal Reserve will keep interest rates unchanged when it ends its latest policy meeting Wednesday. What’s unclear is whether it will hint about the likelihood of a rate hike at its next meeting in June.