The escalations in the trade war between the world's largest economies are rattling investors already unnerved about a slowing global economy, falling U.S. corporate profits and possibly too-weak inflation.
By Stan Choe, Damian J. Troise, Associated Press
After the Federal Reserve cut interest rates Wednesday for the first time in a decade, Chairman Jerome Powell made a striking acknowledgement: In the Trump era, the Fed faces a steep learning curve.
By Josh Boak, Associated Press
In our news wrap Wednesday, U.S. and Chinese officials have concluded their latest trade talks without visible signs of progress. A Chinese Foreign Ministry spokeswoman called President Trump’s Tuesday accusations that China had reneged on trade promises “laughable.” Also, the…
Trump plans to deliver a speech at the Lincoln Memorial on Thursday. The president had wanted a parade of military tanks and other equipment in Washington after witnessing a similar parade in Paris in 2017.
By Darlene Superville, Associated Press
May's jobs report showed more signs of slowing economic growth in the U.S. The Labor Department reported a net gain of 75,000 jobs -- just a third of the total for the previous month. That change is set against a…
By Courtney Vinopal
President Donald Trump’s threat to hit Mexico with new tariffs unless that government stops the flow of asylum seekers to the U.S. has sent officials from both countries scrambling to come up with solutions on illegal immigration, in the face…
By Martin Crutsinger, Associated Press
Powell's remarks helped drive up stock prices, with the Dow Jones Industrial Average ending the day up more than 500 points, or 2 percent.
By Damian J. Troise, Alex Veiga, Associated Press
The latest market slide comes as investors worry that the trade war between the U.S. and China will derail global economic and corporate profit growth as it drags on with no sign of a resolution.
By Paul Wiseman, Frank Bajak, Yanan Wang, Associated Press
Chinese state media warned that Beijing could cut America off from exotic minerals that are widely used in electric cars and mobile phones. The threat to use China's rich supply of so-called rare earths as leverage in the conflict has…
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