Business > U.S.

Tens of thousands rally in Hong Kong as China condemns U.S. lawmakers' support

9 monthes ago   |   By

The large turnout suggested the movement retains widespread support after recent protests were marked by violent clashes with police that have garnered increasing global attention.
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AP Exclusive: US talks secretly to Venezuela socialist boss

9 monthes ago   |   By

AP Exclusive: A senior administration official says the U.S. has opened up secret communications with Venezuela's socialist party boss
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'The suffering will continue': Groom mourns 63 killed at Afghan wedding as U.S. withdrawal looms

9 monthes ago   |   By

The deadliest attack to hit Kabul this year comes as the Trump administration appears to be on the verge of signing a deal to end its involvement in the 18-year conflict.
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Trump Trade Adviser Claims China Tariffs 'Not Hurting Anybody' In U.S

Trump Trade Adviser Claims China Tariffs 'Not Hurting Anybody' In U.S

9 monthes ago   |   By

Peter Navarro's assertion came just days after the administration announced that it would delay its latest round of tariffs to avoid impacting holiday shoppers.
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Who's in, who's out: Presidents Cup qualifying comes to close at BMW

9 monthes ago   |   By

Automatic qualifying for the Presidents Cup came to a close Sunday at the BMW Championship. There were no changes to the U.S. or International teams top eight qualifiers.
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Trump 'not ready' for China trade deal, dismisses recession fears

9 monthes ago   |   By

U.S. President Donald Trump and top White House officials dismissed concerns that economic growth may be faltering, saying on Sunday they saw little risk of recession despite a volatile week on global bond markets, and insisting their trade war with China was doing no damage to the United States.
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Trump affirms that Mike Pence will be 2020 running mate

9 monthes ago   |   By

U.S. President Donald Trump said on Sunday he would keep Vice President Mike Pence as his running mate when he seeks re-election in November 2020.
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U.S. President Trump does not want to do business with China's Huawei

9 monthes ago   |   By

U.S. President Donald Trump on Sunday said he did not want the United States to do business with China's Huawei even as the administration weighs whether to extend a grace period for the company.
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Apple CEO warns Trump about China tariffs, Samsung competition

9 monthes ago   |   By

U.S. President Donald Trump said on Sunday that he has spoken with Apple Inc's Chief Executive Tim Cook about the impact of U.S. tariffs on Chinese imports as well as competition from South Korean company Samsung Electronics Co Ltd .
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Trade war's losers could include microchips, energy, banks

9 monthes ago   |   By

NEW YORK - Looking across the stock market, it's hard to find a company that isn't vulnerable in some degree to the U.S.-China trade war.
Stocks of companies that do lots of business with China, such as chipmakers and other technology companies, are obvious candidates for investors to sell when trade worries rise. They have fallen more than the rest of the market whenever President Donald Trump sends out a tweet or speaks about tariffs.
But investors are also looking beyond these first-order effects as they pick out which stocks look susceptible to the trade war. Those picks now include...
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Trump's economic advisers go on charm offensive amid recession fears

9 monthes ago   |   By

The trade war with China, stock market volatility and ominous signs from the U.S. bond market have experts worried that the U.S. is ripe for a recession. A Bloomberg survey of economists recently placed the likelihood of recession within the next 12 months at 35%. But the Trump administration deployed...
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Trump says he will likely release Mideast peace plan after Israel elections

9 monthes ago   |   By

WASHINGTON - U.S. President Donald Trump said on Sunday he would likely wait until after Israel's Sept. 17 elections to release a peace plan for the region that was designed by White House senior adviser Jared Kushner.
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Trump economic adviser dismisses fears of looming recession

9 monthes ago   |   By

BERKELEY HEIGHTS, N.J. - President Donald Trump's top economic adviser is playing down fears of a looming recession after last week's sharp drop in the financial markets and predicting the economy will perform well in the second half of 2019.
Larry Kudlow said in Sunday television interviews that consumers are seeing higher wages and are able to spend and save more.
“No, I don't see a recession,” Kudlow said. “We're doing pretty darn well in my judgment. Let's not be afraid of optimism.”
A strong economy is key to Trump's reelection prospects. Consumer confidence has dropped 6.4% since...
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Center for Data Innovation: U.S. leads AI race, with China closing fast and EU lagging

Center for Data Innovation: U.S. leads AI race, with China closing fast and EU lagging

9 monthes ago   |   By

While the U.S. currently has a comfortable edge in the race to develop artificial intelligence, China is rapidly gaining ground as Europe falls behind.
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Danish PM says Trump's idea of selling Greenland to U.S. is absurd

9 monthes ago   |   By

COPENHAGEN - Greenland is not for sale and the idea of selling it to the United States is absurd, Denmark's prime minister said on Sunday after an economic adviser to President Donald Trump confirmed the U.S. interest in buying the world's largest island.
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President Trump Says U.S. Is ‘Doing Very Well With China' Amid Continuing Trade Talks

9 monthes ago   |   By

President Donald Trump said the U.S. is “doing very well with China, and talking!” in a Twitter message sent hours after his top economic adviser laid out a potential timeline for the resumption of substantive trade talks with Beijing.
We are doing very well with China, and talking!
- Donald J. Trump August 18, 2019
Trump, who's expected to return to Washington later on Sunday from his golf club in Bedminster, New Jersey, later vowed that the U.S. was “poised for big growth” after trade deals are inked.
Larry Kudlow earlier said recent phone calls between U.S. and Chinese trade negotiators...
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On average, top CEOs make over $12.3 million. Can that continue after the...

On average, top CEOs make over $12.3 million. Can that continue after the coronavirus?

The typical pay package for CEOs at the biggest U.S. companies topped $12.3 million last year, and the gap between the boss and their workforces widened further, according to... Read more ...

Wielding Twitter like a weapon: Here's what was really going on when Trump's...

Wielding Twitter like a weapon: Here's what was really going on when Trump's most outrageous tweet storms took place

President Donald Trump's Twitter use has gotten to the point where the social media company has, for the first time, marked two of his tweets with a fact check for the... Read more ...

GE is saying goodbye to its 129-year-old light bulb business

GE is saying goodbye to its 129-year-old light bulb business

The company is shedding a business founded by Thomas Edison more than a century ago. Read more ...

In Hong Kong, Xi Plays a Dangerous Game of Chicken

In Hong Kong, Xi Plays a Dangerous Game of Chicken

With its new security law, China risks massive economic and political consequences. Xi's lack of concern should worry democratic nations everywhere. Read more ...

The tweet that broke the bird's back

The tweet that broke the bird's back

It's finally happened-the tweet that broke the bird's back. For the first time ever, Twitter has slapped a fact-checking label on posts by the President of the United... Read more ...

Elizabeth Warren accuses airlines and the Treasury Department of violating...

Elizabeth Warren accuses airlines and the Treasury Department of violating bailout terms as major airlines cut workers' take-home pay

Sen. Elizabeth Warren accused airlines last week of breaking the terms of their coronavirus bailout by cutting employee hours. This week, she sent questions to Treasury Sec... Read more ...

5 On Your Side: Landlord, tenant rights with COVID-19

5 On Your Side: Landlord, tenant rights with COVID-19

The economic fallout of COVID-19 is staggering. Bills are piling up. Finances are tight. If you've lost your job due to COVID-19, can your landlord still hold you responsible... Read more ...

Jeffrey Epstein is the subject of a major Netflix docuseries. Here are the...

Jeffrey Epstein is the subject of a major Netflix docuseries. Here are the key moments from the convicted sex offender's past, famous connections, and controversial death

The disgraced financier Jeffrey Epstein, who died by apparent suicide last year while being held without bail on federal charges of sex trafficking minors and conspiracy, is... Read more ...

General Electric Makes The Switch Away From Lightbulbs

General Electric Makes The Switch Away From Lightbulbs

GE was born when Thomas Edison's electrical company merged with a rival in 1892, and the company has been making lightbulbs ever since. Now it's selling off its lighting... Read more ...

'The most heart-wrenching report I have ever read': Nurses neglected soiled...

'The most heart-wrenching report I have ever read': Nurses neglected soiled residents and reused IV equipment in Canadian nursing homes

The Canadian Armed Forces submitted a blistering report on the conditions of Ontario-based nursing homes. Problems at the nursing homes included staffers who were reusing IV... Read more ...