Economic policy

Trader Tommy Kalikas, left, and specialist James Denaro work on the floor of the New York Stock Exchange, Friday, June 8, 2018. Stock indexes are opening modestly lower on Wall Street as technology companies and retailers fall. (AP Photo/Richard Drew)
June 08, 2018 - 4:31 pm
NEW YORK (AP) — The stock market shook off a bumpy start and ended modestly higher Friday, led by gains in consumer products companies like Monster Beverage and Procter & Gamble. Health care companies also rose. Energy companies slipped along with the price of oil. Trading has been muted ahead...
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June 08, 2018 - 4:11 pm
WASHINGTON (AP) — The Senate Agriculture Committee has released a bipartisan farm bill that makes mostly modest adjustments to existing programs and, unlike the House version of the bill, doesn't pick a fight over food stamps. The Senate bill, dubbed the "Agriculture Improvement Act of 2018," is...
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FILE - In this Thursday, May 24, 2018 file photo, then Premier-designate Giuseppe Conte addresses the media after a round of consultations to form the Cabinet ministers, in Rome. Italy will be represented at this week's summit of the world's wealthiest democracies by a political novice whose powers in the new populist government remain to be tested: At best, as an executor of a program he didn't help draft, at worst, as a mediator between two disparate political blocs joined in a marriage of convenience. (Ettore Ferrari/ANSA via AP, File )
June 08, 2018 - 3:54 pm
ROME (AP) — The economist who tried to form an Italian government amid political gridlock said Friday he's "truly worried" that the costly measures on the new populist leaders' agenda will further swell Italy's national debt and trigger a negative reaction by the financial markets. Carlo Cottarelli...
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FILE - In this Jan. 11, 2016, file photo, specialist Anthony Rinaldi is silhouetted on a screen at his post on the floor of the New York Stock Exchange. Fears of a trade war have given a boost to some of the biggest companies in the market as well as the smallest, but they’ve squeezed almost everything in the middle. (AP Photo/Richard Drew, File)
June 08, 2018 - 10:21 am
NEW YORK (AP) — Fears of a trade war have given a boost to some of the smallest companies on the market as well as some of the biggest technology companies, but they've squeezed almost everything in the middle. For more than three months, investors have focused on U.S. negotiations with trading...
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In this May 11, 2018 photo, Sakae Casting Co. President Takashi Suzuki shows samples of his company's casting products in his office in Hachioji, in the outskirts of Tokyo. President Donald Trump’s trade relations with Tokyo are testy, but Idaho gave Suzuki a warm welcome. Suzuki, whose company manufactures aluminum parts used for cooling batteries and semiconductors, first went to Silicon Valley looking for opportunities. But that was where everyone went, making for tough competition. (AP Photo/Yuri Kageyama)
June 08, 2018 - 5:03 am
HACHIOJI, Japan (AP) — President Donald Trump's trade relations with Tokyo are testy, but Idaho gave Takashi Suzuki a warm welcome. Suzuki, president of Sakae Casting Co. , which manufactures aluminum parts used for cooling batteries and semiconductors, first went to Silicon Valley looking for...
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FILE - In this May 8, 2018, file photo, a woman passes by a ZTE building in Beijing, China. Chinese tech giant ZTE Corp.'s chairman promised no further compliance violations and apologized to customers in a letter Friday, June 8, 2018, for disruptions caused by its violation of U.S. export controls, a newspaper reported. (AP Photo/Ng Han Guan, File)
June 08, 2018 - 2:24 am
BEIJING (AP) — Chinese tech giant ZTE Corp.'s chairman promised no further compliance violations and apologized to customers in a letter Friday for disruptions caused by its violation of U.S. export controls, a newspaper reported. Washington's agreement Thursday to restore ZTE's access to U.S...
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House Majority Leader Kevin McCarthy, R-Calif., left, joined by Rep. Rick Allen R-Ga., walks to a closed-door GOP meeting in the basement of the Capitol in Washington, Thursday, June 7, 2018. The House on Thursday took up a White House plan to cut almost $15 billion in unused government money, a move that's designed to demonstrate fiscal discipline in Washington even though it wouldn't have much of an impact on spiraling deficits. (AP Photo/J. Scott Applewhite)
June 07, 2018 - 10:31 pm
WASHINGTON (AP) — The House on Thursday only narrowly passed a White House plan to cut almost $15 billion in unused government money, a closer-than-expected tally on legislation that's designed to demonstrate fiscal discipline in Washington even though it wouldn't have much of an impact on...
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FILE - In this May 10, 2018 file photo, International Monetary Fund (IMF) Managing Director Christine Lagarde, right, meets with Argentina's Treasury Minister Nicolas Dujovne, at the IMF in Washington. Argentina and the IMF have agreed on a $50 billion stand-by deal aimed at strengthening the South American country's economy, announced on Thursday, June 7, 2018. (AP Photo/Jacquelyn Martin, File)
June 07, 2018 - 8:24 pm
WASHINGTON (AP) — Argentina and the International Monetary Fund agreed Thursday on a three-year $50 billion stand-by financing deal aimed at strengthening the South American country's economy and helping it fight inflation. The IMF said the staff-level agreement will be subject to approval by the...
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FILE- In this Feb. 26, 2014, file photo, a sign for the ZTE booth is seen at the Mobile World Congress, the world's largest mobile phone trade show in Barcelona, Spain. The United States has reached a deal with the Chinese telecommunications giant that includes a $1 billion fine, according to Commerce Secretary Wilbur Ross. Ross, speaking on CNBC on Thursday, June 7, 2018 said that a compliance team picked by the U.S. will be embedded at ZTE. (AP Photo/Manu Fernandez, File)
June 07, 2018 - 11:59 am
WASHINGTON (AP) — The United States and China have reached a deal that allows the Chinese telecommunications giant ZTE Corp. to stay in business in exchange for paying an additional $1 billion in fines and agreeing to let U.S. regulators monitor its operations. The fine announced Thursday comes on...
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Britain's Prime Minister Theresa May walks out of 10 Downing Street to greet Prime Minister Ema Solberg of Norway in London, Wednesday, June 6, 2018. May and Solberg held talks inside 10 Downing Street. (AP Photo/Alastair Grant)
June 07, 2018 - 9:59 am
LONDON (AP) — British Prime Minister Theresa May forged a compromise with senior members of her government Thursday, agreeing that any interim arrangement to maintain customs links with the European Union after the U.K. leaves the bloc would be expected to last until the end of 2021 at the latest...
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