Economic policy

President Donald Trump speaks during a news conference at the Trump National Golf Club in Bedminster, N.J., Saturday, Aug. 8, 2020. (AP Photo/Susan Walsh)
August 08, 2020 - 11:23 pm
BEDMINSTER, N.J. (AP) — President Donald Trump on Saturday bypassed the nation's lawmakers as he claimed the authority to defer payroll taxes and replace an expired unemployment benefit with a lower amount after negotiations with Congress on a new coronavirus rescue package collapsed. Trump's...
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Hong Kong Chief Executive Carrie Lam listens to reporters' questions during a press conference in Hong Kong, Friday, Aug. 7, 2020. The semi-autonomous city of Hong Kong reports 95 new cases and three additional fatalities reported. The city of 7.5 million people has restricted indoor dining and require faces masks to be worn in all public places. (AP Photo/Vincent Yu)
August 08, 2020 - 12:02 am
WASHINGTON (AP) — The U.S. on Friday imposed sanctions on Hong Kong officials, including the pro-China leader of the government, accusing them of cooperating with Beijing’s effort to undermine autonomy and crack down on freedom in the former British colony. The sanctions are the latest in a string...
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A visitor to an Apple store wears a t-shirt promoting Tik Tok in Beijing on Friday, July 17, 2020. U.S. President Donald Trump on Thursday, Aug 6, 2020 ordered a sweeping but unspecified ban on dealings with the Chinese owners of consumer apps TikTok and WeChat, although it remains unclear if he has the legal authority to actually ban the apps from the U.S. (AP Photo/Ng Han Guan)
August 07, 2020 - 9:49 pm
NEW YORK (AP) — President Donald Trump has ordered sweeping but vague ban on dealings with the Chinese owners of popular apps TikTok and WeChat, saying they are a threat to U.S. national security, foreign policy and the economy. But it's far from clear what the administration intends to actually do...
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FILE - In this file photo dated Thursday, Jan. 30, 2020, a woman holds up the British Union and the European Union flags together during an event in Brussels, Belgium. The number of Britons moving to live in European Union countries has soared since the Brexit vote in 2016, a U.K.-German study has revealed Tuesday Aug. 4, 2020. (AP Photo/Francisco Seco, FILE)
August 07, 2020 - 12:48 pm
The British government will spend up 355 million pounds ($465 million) to help businesses in Northern Ireland deal with the red tape caused by Brexit, officials said Friday. Brexit’s supporters, including British Prime Minister Boris Johnson, say leaving the European Union will be a boon for U.K...
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A China COSCO Shipping container ship sails past the skyline of Qingdao in eastern China's Shandong Province, on July 28, 2020. China's exports rose 7.2% in July over a year earlier despite the coronavirus pandemic. Sales to the United States rose 12.5% despite lackluster U.S. economic activity and lingering tariff war with Washington. (Chinatopix via AP)
August 07, 2020 - 1:57 am
BEIJING (AP) — China's exports rose by an unexpectedly strong 7.2% in July as the world's second-largest economy recovered from the coronavirus pandemic. Sales to the United States jumped 12.5% despite a plunge in U.S. economic activity and a lingering tariff war with Washington, customs data...
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A currency trader smiles at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, Aug. 7, 2020. Asian shares were mostly lower Friday in lackluster trading, as the region weighed continuing trade tensions over China and optimism about more fiscal stimulus for the ailing U.S. economy. (AP Photo/Ahn Young-joon)
August 07, 2020 - 12:05 am
TOKYO (AP) — Asian shares were mostly lower Friday in lackluster trading, as trade tensions between the U.S. and China offset optimism about more fiscal stimulus for the ailing U.S. economy. Investors were also awaiting a U.S. report on jobs later Friday for another gauge of the economic fallout...
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President Donald Trump speaks during an event at the Whirlpool Corporation facility in Clyde, Ohio, Thursday, Aug. 6, 2020. (AP Photo/Susan Walsh)
August 06, 2020 - 8:07 pm
WASHINGTON (AP) — President Donald Trump said Thursday that the United States is reinstating a 10% import tax on Canadian aluminum, raising tensions with an American ally just weeks after his trade pact with Canada and Mexico took effect. Canada quickly vowed to respond in kind. Trump originally...
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FILE - In this Wednesday, March 11, 2020 file photo, pedestrians wearing face masks pass the Bank of England in London. The Bank of England left its benchmark interest rate at a record low of 0.1% on Thursday Aug. 6, 2020, as it expressed caution about how rapidly the United Kingdom's economy will recover from the COVID-19 pandemic. (AP Photo/Matt Dunham, File)
August 06, 2020 - 6:43 am
LONDON (AP) — The Bank of England predicted Thursday that the economic downturn in the U.K. economy might be less severe than it thought at the start of the COVID-19 pandemic - even as it warned it would take a longer time to heal the scars. The central bank opened the door to providing more...
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A currency trader wearing a face mask walks near the screen showing the Korea Composite Stock Price Index (KOSPI) at the foreign exchange dealing room in Seoul, South Korea, Thursday, Aug. 6, 2020. Stocks were mixed in Asia on Thursday despite strong gains overnight on Wall Street, where the rally just kept on rolling. (AP Photo/Lee Jin-man)
August 05, 2020 - 11:16 pm
Stocks were mixed in Asia on Thursday despite strong gains overnight on Wall Street, where the rally just kept on rolling. Investors are watching to see if lawmakers will come ahead with fresh stimulus for the U.S. economy. Tokyo's Nikkei 225 index shed 0.4% to 22,438.61 while the Shanghai...
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August 05, 2020 - 5:00 pm
CLEVELAND (AP) — A lengthy FBI agent affidavit detailing an alleged $60 million corruption scheme led by one of Ohio's most powerful elected officials provides painstaking detail about groups and individuals who played roles in spending mostly corporate cash. Only one of those groups is...
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