Economy

President Donald Trump arrives at John F. Kennedy Airport Thursday, May 16, 2019, in New York. Trump is in New York for a fundraiser. (AP Photo/Evan Vucci)
May 17, 2019 - 5:14 pm
WASHINGTON (AP) — Bogged down in a sprawling trade dispute with U.S. rival China, President Donald Trump took steps Friday to ease tensions with America's allies — lifting import taxes on Canadian and Mexican steel and aluminum and delaying auto tariffs that would have hurt Japan and Europe. By...
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FILE - In this May 9, 2019, file photo trader Craig Spector works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, May 17. (AP Photo/Richard Drew)
May 17, 2019 - 4:17 pm
NEW YORK (AP) — The latest on developments in financial markets (all times local): 4:00 p.m. Stocks ended the day lower on Wall Street Friday and notched their second-straight weekly loss as investors were whipsawed by contradictory reports on the Trump administration's array of trade fights...
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In this May 12, 2019 photo, tourists snorkel in the Caribbean, off a beach in Varadero, Cuba. As most of Cuba’s economy stagnates or declines, the country has launched a full-scale effort to turn virtually the only bright spot, tourism, into an engine that can drag the rest of the communist island through its worst economic crisis in two decades. (AP Photo/Ismael Francisco)
May 17, 2019 - 1:53 pm
VARADERO, Cuba (AP) — The battle for Cuba's economic future is being waged on its beaches. And at its all-inclusive resorts, dive sites and cobblestoned colonial plazas. That's because the country has launched a full-scale effort to turn tourism into an engine that can drag the rest of the...
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FILE - In this May 9, 2019, file photo trader Craig Spector works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, May 17. (AP Photo/Richard Drew)
May 17, 2019 - 1:51 pm
A midmorning rebound on Wall Street faded by Friday afternoon, sending major stock indexes mostly lower and placing the market on track for its second straight weekly loss. Technology, industrial and energy stocks accounted for much of the slide, outweighing gains in health care, utilities and...
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FILE - In this May 10, 2019, file photo John Deere Agricultural machinery made by Deere & Company sits staged for transport near cranes at the Port of Tacoma in Tacoma, Wash. Deere’s fiscal second-quarter earnings were a mixed bag and the agricultural equipment maker lowered its full-year outlook as the trade war between the U.S. and China intensifies and conditions in the agricultural sector soften. (AP Photo/Ted S. Warren, File)
May 17, 2019 - 1:07 pm
Deere cut its profit and sales expectations for the year as a trade war between the U.S. and China escalates and farmers try to recover from a planting season besieged by heavy rains. Prices of soybeans targeted by Chinese tariffs last year fell to a 10-year low this week as the countries traded...
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Australian Labor Party leader Bill Shorten, right, pauses after placing a floral tribute to the late former Australian Prime Minster Bob Hawke at the Opera House in Sydney, Friday, May 17, 2019. A federal election will be held in Australian on Saturday May 18, 2019. (Lukas Coch/AAP Image via AP)
May 16, 2019 - 11:43 pm
CANBERRA, Australia (AP) — Australia's opposition leader said he wants to win elections on Saturday for his Australian political hero whose death overshadows the final days of campaigning. The death of former Prime Minister Bob Hawke at his Sydney home on Thursday has turned the national focus to...
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People walk past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Friday, May 17, 2019. Asian stocks were mixed on Friday amid worries that U.S. economic sanctions on Huawei would put a drag on trade negotiations with China. (AP Photo/Eugene Hoshiko)
May 16, 2019 - 11:24 pm
SINGAPORE (AP) — Asian stocks were mixed on Friday amid worries that U.S. economic sanctions on Huawei would cast a pall on trade negotiations with China. Hong Kong's Hang Seng shed 0.4% to 28,161.89 while Japan's benchmark Nikkei 225 jumped 1.6% to 21,391.53. The Kospi in South Korea added 0.2% to...
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Rep. Anna Eshoo, D-Calif., right, chair of the House Health Subcommittee, says President Donald Trump and Attorney General William Barr want to take a sledgehammer to health care, as she joins, from left, Rep. Lisa Blunt Rochester, D-Del., House Speaker Nancy Pelosi, D-Calif., and Senate Minority Leader Chuck Schumer, D-N.Y., at a Democratic event ahead of a House floor vote on the Health Care and Prescription Drug Package, at the Capitol in Washington, Wednesday, May 15, 2019. (AP Photo/J. Scott Applewhite)
May 16, 2019 - 8:07 pm
WASHINGTON (AP) — Democrats pushed legislation buttressing the 2010 health care law and curbing prescription drug prices through the House Thursday, advancing a bill that has no chance of surviving in the Senate or getting President Donald Trump's signature and seemed engineered with next year's...
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A woman walks past advertisement for Huawei smartphones in Beijing on Thursday, May 16, 2019. In a fateful swipe at telecommunications giant Huawei, the Trump administration issued an executive order Wednesday apparently aimed at banning its equipment from U.S. networks and said it was subjecting the Chinese company to strict export controls. (AP Photo/Ng Han Guan)
May 16, 2019 - 4:07 pm
The Trump administration's plan to restrict exports to Chinese telecommunications powerhouse Huawei for national security reasons doesn't just up the ante in the China trade war. It could also hurt U.S. suppliers and accelerate Beijing's drive toward greater technological independence. The White...
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Democratic Presidential candidate Washington Gov. Jay Inslee speaks during an event at the Blue Plains Advanced Wastewater Treatment Plant in Washington, Thursday, May 16, 2019, during an event where he unveiled part of his plan to defeat climate change. (AP Photo/Susan Walsh)
May 16, 2019 - 2:12 pm
Democratic presidential candidate Jay Inslee is pitching a $9 trillion-plus climate action plan that he touts as an economic renaissance and scientific necessity, putting the Washington governor at the forefront of White House hopefuls pushing for sweeping action to combat the causes and effects of...
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