President Trump is playing down fears of a looming recession after last week’s sharp drop in the financial markets.
By Associated Press
Yields on 2-year and 10-year Treasury notes inverted early Wednesday, a market phenomenon that shows investors want more in return for short-term government bonds than they are for long-term bonds.
In our news wrap Tuesday, chaos gripped Hong Kong again, as demonstrations crippled the city’s busy airport for a second day in a row. Violent clashes broke out when riot police armed with pepper spray confronted pro-democracy protesters. Also, the…
By Paul Wiseman, Christopher Rugaber, Associated Press
The United States is delaying tariffs on Chinese-made cellphones, laptop computers and other items and removing other Chinese imports from its target list altogether.
By Paul Wiseman, Associated Press
Sixty percent of Americans say they have an unfavorable view of China — up from 47 percent last year.
In our news wrap Tuesday, China’s central bank denied manipulating its currency to gain advantage in a trade fight with the U.S. Beijing urged Washington to pull back on trade aggression, but White House economic adviser Larry Kudlow countered that…
By Pan Pylas, Associated Press
The more buoyant tone follows a big sell-off Monday, when stocks were hammered after the Chinese government allowed its currency to depreciate against the dollar and was accused by the U.S. Treasury Department of being a currency manipulator.
By Joe McDonald, Associated Press
The move came a day after Beijing sent financial markets tumbling by allowing the currency to fall to an 11-year low.
In our news wrap Friday, China and the U.S. exchanged jabs over trade, with Beijing warning it will retaliate if President Trump imposes 10 percent tariffs on all of China’s remaining trade with the U.S. -- about $300 billion in…
By Darlene Superville, Kevin Freking, Associated Press
The White House's top economic adviser says the U.S. will be selling more beef to the European Union.
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