Economic policy

A truck drives into the Valero Benicia Refinery, Wednesday, July 12, 2017, in Benicia, Calif. California Gov. Jerry Brown is racing to convince lawmakers to extend the state's cap-and-trade program which puts a price on carbon emitted by polluters, including oil refineries. The program has been closely watched around the world as a market-based way to reduce greenhouse gas emissions, but it expires in 2020. (AP Photo/Rich Pedroncelli)
July 13, 2017 - 9:26 am
SACRAMENTO, Calif. (AP) — A plan to extend California's signature climate initiative for another decade is scheduled to go before legislative committees Thursday, despite opposition from some environmental advocates. Gov. Jerry Brown and top lawmakers have struggled to line up support with...
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People walk by signs of foreign currency outside a money exchange office at a shopping district in Seoul, South Korea, Thursday, July 13, 2017. Bank of Korea says South Korea's economy is likely to expand 2.8 percent this year thanks to strong exports. (AP Photo/Lee Jin-man)
July 13, 2017 - 5:14 am
SEOUL, South Korea (AP) — A South Korean Foreign Ministry spokesman has responded to a U.S. request for talks on the two countries' free-trade agreement by saying it's unclear if the pact is causing a growing imbalance. The spokesman told reporters Thursday the two countries should consider...
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The stacks from the Valero Benicia Refinery are seen as a pedestrian walks in a nearby neighborhood, Wednesday, July 12, 2017, in Benicia, Calif. California Gov. Jerry Brown is racing to convince state lawmakers to extend California's cap-and-trade program which puts a price on carbon emitted by polluters, including oil refineries. The program has been closely watched around the world as a market-based way to reduce greenhouse gas emissions, but it expires in 2020. (AP Photo/Rich Pedroncelli)
July 13, 2017 - 4:42 am
SACRAMENTO, Calif. (AP) — A plan to extend California's signature climate initiative for another decade is scheduled to go before legislative committees Thursday, despite opposition from some environmental advocates. Gov. Jerry Brown and top lawmakers have struggled to line up support with...
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FILE- In this Thursday, July 6, 2017, file photo, teenagers from the Afghanistan Robotic House, a private training institute, practice at the Better Idea Organization center, in Herat, Afghanistan. U.S. President Donald Trump intervened to allow the group of Afghan girls into the country to participate in a robotics competition. White House spokeswoman Sarah Huckabee Sanders confirmed the president’s intervention Wednesday, July 12, 2017. The six female students from Afghanistan had hoped to participate in an international robotics competition this month, but their visa applications to enter the U.S. were denied twice. (AP Photos/Ahmad Seir, File)
July 13, 2017 - 4:35 am
WASHINGTON (AP) — The nation's capital is bracing for a long, hot summer, and that's not even counting the weather. The White House is immersed in allegations of scandal. Congressional Republicans are ensnared in their own divisions. Instead of movement on health care, taxes and more, partisan...
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FILE - In this April 7, 2017, file photo, U.S. Sen. Joe Donnelly, D-Ind., arrives for the confirmation vote for Supreme Court nominee, Neil Gorsuch, on Capitol Hill in Washington. Donnelly railed against Carrier Corp. for moving manufacturing jobs to Mexico last year, even while he profited from a family business that relies on Mexican labor to produce dye for ink pads, according to records reviewed by The Associated Press. (AP Photo/J. Scott Applewhite, File)
July 13, 2017 - 1:18 am
INDIANAPOLIS (AP) — An Indiana senator railed against Carrier Corp. for moving manufacturing jobs to Mexico last year, even as he profited from a family business that relies on Mexican labor to produce dye for ink pads, according to records reviewed by The Associated Press. Joe Donnelly, considered...
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A woman walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Thursday, July 13, 2017. Shares rose in Asia early Thursday following a broad rally on Wall Street that nudged the Dow Jones industrial average to a new high after Federal Reserve Chair Janet Yellen told Congress the central bank may slow the pace of its interest rate increases if inflation remains below its target level. (AP Photo/Eugene Hoshiko)
July 12, 2017 - 11:45 pm
TOKYO (AP) — Shares were mostly higher in Asia Thursday following a broad rally on Wall Street that nudged the Dow Jones industrial average to a new high after Federal Reserve Chair Janet Yellen told Congress the central bank may slow the pace of its interest rate increases if inflation remains...
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FILE - In this July 11, 2017 file photo, Senate Majority Leader Mitch McConnell of Ky. listens as Sen. John Barrasso, R-Wyo. speaks during a news conference on Capitol Hill in Washington. It’s a long, hot summer in the nation’s capital, and that’s not even counting the weather. With the White House caught in the daily drip of scandal, and congressional Republicans ensnared by their own divisions, the GOP’s governing agenda has turned into a slow, painful slog. (AP Photo/J. Scott Applewhite, File)
July 12, 2017 - 5:32 pm
WASHINGTON (AP) — The nation's capital is bracing for a long, hot summer, and that's not even counting the weather. The White House is immersed in allegations of scandal. Congressional Republicans are ensnared in their own divisions. Instead of movement on health care, taxes and more, GOP control...
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FILE - In this Thursday, March 23, 2017, file photo, Federal Reserve Chair Janet Yellen looks at documents while waiting to speak at the Federal Reserve System Community Development Research Conference in Washington. Beginning Wednesday, July 12, 2017, Yellen speaks to Congress about monetary policy and the state of the economy. (AP Photo/Cliff Owen, File)
July 12, 2017 - 8:56 am
WASHINGTON (AP) — Federal Reserve Chair Janet Yellen told Congress on Wednesday that the central bank expects to keep raising a key interest rate at a gradual pace and also plans to start trimming its massive bond holdings this year. In her semiannual testimony on the economy, Yellen took note of a...
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FILE - This is a Monday, May 22, 2017 file photo of EU chief Brexit negotiator Michel Barnier speaks during a media conference after a meeting of EU general affairs ministers in Brussels. The European Union’s chief Brexit negotiator has set out tough conditions for Britain to meet during the first months of talks before both sides can start looking at a future relationship. Michel Barnier says that Britain needs to make “sufficient progress” on citizens’ rights, the bill it has to pay to the EU and on issue of the Irish border before talks can move to a future trade deal. (AP Photo/Virginia Mayo/File)
July 12, 2017 - 8:39 am
BRUSSELS (AP) — The European Union's chief Brexit negotiator said Wednesday that Britain must meet tough conditions in divorce talks — and doesn't have long to do it — before the two sides can start looking at a future relationship. Showing frustration with what Europeans consider British...
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July 12, 2017 - 7:06 am
BRUSSELS (AP) — The European Union's chief Brexit negotiator set out tough conditions for Britain to meet during the first months of talks before both sides can start looking at a future relationship. Michel Barnier said that Britain needs to make "sufficient progress" on all initial issues,...
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