Economy

FILE - In this June 30, 2019, file photo, President Donald Trump meets with North Korean leader Kim Jong Un at the border village of Panmunjom in the Demilitarized Zone, South Korea. Trump, the self-styled deal-maker president, is struggling to close big deals. He heads to the United Nations this coming week saddled with a heavy load of unresolved foreign policy challenges involving Iran, North Korea, Afghanistan, the Mideast and more. (AP Photo/Susan Walsh)
September 21, 2019 - 12:13 pm
WASHINGTON (AP) — President Donald Trump, a self-described deal-maker, is saddled with a long list of unresolved foreign policy deals he has yet to close heading into his U.N. visit this coming week. There are challenges with Iran, North Korea, the Afghan Taliban, Israel and the Palestinians — not...
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FILE - In this Sept. 18, 2019 file photo California Attorney General Xavier Becerra, right, flanked by Gov. Gavin Newsom, discusses the Trump administration's pledge to revoke California's authority to set vehicle emissions standards that are different than the federal standards, during a news conference in Sacramento, Calif. Twenty-three states have sued to stop the Trump administration from revoking California's authority to set emission standards for cars and trucks. Becerra is leading the lawsuit filed Friday, Sept. 20 along with Newsom and the California Air Resources Board. (AP Photo/Rich Pedroncelli,File)
September 20, 2019 - 5:28 pm
SACRAMENTO, Calif. (AP) — California sued Friday to stop the Trump administration from revoking its authority to set greenhouse gas emission and fuel economy standards for cars and trucks, enlisting help from 22 other states in a battle that will shape a key component of the nation's climate policy...
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FILE - In this Sept. 16, 2019, file photo Gordon Charlop, center, and Christian Bader work at the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, Sept. 20. (AP Photo/Mark Lennihan, File)
September 20, 2019 - 3:51 pm
Stocks veered lower on Wall Street in afternoon trading Friday after reports that a Chinese delegation has cut short a visit to the U.S. fueled speculation that upcoming talks aimed at resolving the costly trade war between Washington and Beijing are in trouble. The selling, which erased modest...
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Brazil's Minister of the Environment Ricardo Salles smiles for a photo during an interview with The Associated Press in Washington, Friday, Sept. 20, 2019. After facing international criticism for steeply rising rates of deforestation in the Amazon, Salles is visiting the U.S., France, Germany, and the United Kingdom to insist that there’s no big problem. (AP Photo/Jon Elswick
September 20, 2019 - 2:50 pm
WASHINGTON (AP) — In July, Brazilian President Jair Bolsonaro dismissed global concerns about fires raging in the world's largest rainforest, saying "The Amazon is Brazil's, not yours." Now, the far-right president's government has a new message: Everything's fine, and the rainforest is open for...
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Nurse Cindy Rodriguez shouts during a one-day strike outside of Palmetto General Hospital, Friday, Sept. 20, 2019, in Hialeah, Fla. Registered nurses staged a one-day strike against Tenet Health hospitals in Florida, California and Arizona on Friday, demanding higher wages and better working conditions. (AP Photo/Lynne Sladky)
September 20, 2019 - 2:49 pm
HIALEAH, Fla. (AP) — Registered nurses staged a one-day strike against Tenet Health hospitals in Florida, California and Arizona on Friday, demanding better working conditions and higher wages as the nation's labor movement has begun flexing muscles weakened by decades of declining membership amid...
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President Donald Trump and Australian Prime Minister Scott Morrison arrive for a news conference in the East Room of the White House in Washington, Friday, Sept. 20, 2019. (AP Photo/Susan Walsh)
September 20, 2019 - 1:39 pm
WASHINGTON (AP) — As China and the U.S. near a new round of trade talks, President Donald Trump said Friday he doesn't feel he needs to secure an agreement before next year's election. Trump told reporters he wants a complete deal with China and won't accept one that only addresses some of the...
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In this Thursday, Sept. 19, 2019, photo, a man holding a cup of coffee monitors the stock prices at a brokerage house in Beijing. Asian shares were mostly higher on Friday, Sept. 20, 2019 after a lackluster session on Wall Street, as investors shifted their focus to China-U.S. trade talks after a busy week of central bank news. (AP Photo/Andy Wong)
September 20, 2019 - 4:11 am
BANGKOK (AP) — World shares were mixed on Friday, while India's benchmark jumped more than 5% after the government announced plans to cut corporate taxes. Germany's DAX fell 0.1% to 12,440.12 and the CAC 40 in France lost 2.9 points to 5,656.24. Britain's FTSE 100 gave up 0.3% to 7,334.05. Wall...
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FILE - In this Sept. 5, 2019, file photo, Indian workers prepare packing of clutch buttons at an auto component manufacturing factory on the outskirts of New Delhi, India. Asian shares advanced Friday, Sept. 20, 2019, and India’s benchmark jumped 5.4% after the government announced plans to cut corporate taxes. (AP Photo/Altaf Qadri, File)
September 20, 2019 - 3:52 am
NEW DELHI (AP) — The Indian government on Friday announced a slew of concessions aimed at boosting the economy that will reduce most corporate taxes for local companies to about 25% from 30%. Finance Minister Nirmala Sitharaman said the lower tax rates will retroactively apply from April 1, the...
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FILE - In this Wednesday, Sept. 18, 2019 file photo, Federal Reserve Board Chair Jerome Powell speaks at a news conference following a two-day meeting of the Federal Open Market Committee in Washington. A peculiar thing is happening in financial markets this week _ a corner of the financial system where banks and others go for billions of dollars in short-term loans is suddenly in need of cash. To that end, the Federal Reserve has stepped in to inject about $200 billion into the market over the past three days, with plans for another $75 billion on Friday. (AP Photo/Patrick Semansky, File)
September 19, 2019 - 6:09 pm
WASHINGTON (AP) — A peculiar thing is happening in financial markets this week: an oft-overlooked corner of Wall Street where banks and others go for billions of dollars in short-term loans is suddenly in need of cash. To that end, the Federal Reserve has stepped in to inject about $200 billion...
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Speaker of the House Nancy Pelosi, D-Calif., arrives for a closed-door meeting with the House Democratic Caucus, Wednesday, Sept. 18, 2019, at the Capitol in Washington. (AP Photo/J. Scott Applewhite)
September 19, 2019 - 4:05 pm
WASHINGTON (AP) — House Speaker Nancy Pelosi, trying to seize the agenda on a leading consumer issue, announced an ambitious prescription drug plan Thursday that would allow Medicare to negotiate prices for seniors and younger people. The proposal would direct Medicare to bargain over as many as...
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