Sep 14 AP Fact Check: Trump, Dems and their tale of 2 countries By Calvin Woodward, Hope Yen, Associated Press The country described by the Democrats running for president is mired in child poverty, riven with economic unfairness and broken in its approach to health care, crime and guns. The country presented by President Donald Trump is roaring and ascendant. Continue reading
Sep 13 London Stock Exchange rejects takeover bid from Hong Kong counterpart By Kelvin Chan, Associated Press The London Stock Exchange Group said strategic and regulatory problems were among the reasons it turned down the unexpected proposal by Hong Kong Exchanges and Clearing Ltd., which would have created a $70 billion company. Continue reading
Sep 13 China to lift punitive tariffs on US soybeans, pork By Joe McDonald, Associated Press China will suspend tariff hikes on soybeans, pork and some other farm goods, the Xinhua News Agency said, citing the Cabinet planning agency and the Commerce Ministry. Continue reading
Sep 12 Watch 8:39 How U.S.-China trade war is pinching profits for Maine’s lobster industry By Paul Solman Trade tensions between the U.S. and China are not expected to ease anytime soon, and in New England, tariffs are clawing away at lobster profits. Lobstering is a $1.5 billion industry that helps keep Maine’s economy afloat. But due to… Continue watching
Sep 11 3 problems that are spiking health care costs, according to this surgeon By Philip Moeller In his new book, Dr. Marty Makary laments that many of his colleagues have abandoned the Hippocratic Oath in favor of charging inflated prices for surgeries and health procedures that are not in their patients’ best interests. Continue reading
Sep 10 Is the rise in U.S. corporate debt cause for concern? By Daniel Bergstresser, Econofact SEC chairman Jay Clayton said the U.S. corporate debt of almost $10 trillion, which equates to half of the nation's annual GDP, "should attract our attention."… Continue reading
Sep 10 Share of uninsured Americans rises for 1st time in a decade By Christopher Rugaber, Associated Press An estimated 27.5 million people, 8.5% of the population, went without health insurance in 2018. Continue reading
Sep 10 WATCH: Trump officials defend plan to end control of Fannie and Freddie By Marcy Gordon, Associated Press Treasury Secretary Steven Mnuchin and Housing and Urban Development Secretary Ben Carson testified before the Senate Banking Committee on the plan for returning Fannie and Freddie to private ownership. Continue reading
Sep 09 How would Andrew Yang give Americans $1,000 per month? With this tax By Dan Cooney Andrew Yang plans to give every American adult $1,000 a month in universal basic income, as a way to offset job loss from automation. And, he wants to pay for it, in large part, with a value-added tax. Continue reading
Sep 09 British Airways grounds nearly all flights as pilots strike By Gregory Katz, Associated Press British Airways said it stands ready to return to talks with the pilots' union, BALPA, and that it has offered affected customers full refunds or the option to rebook. Continue reading