Economy

FILE- In this Oct. 24, 2017, file photo, people pass the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, July 20, 2018. (AP Photo/Richard Drew, File)
July 20, 2018 - 3:27 pm
NEW YORK (AP) — U.S. stocks are little changed Friday as traders shrug off the latest trade threats from President Donald Trump and focus on company earnings reports, which contained some better-than-expected results from big names including Microsoft. Bond yields are rising and the dollar is...
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FILE - In this July 19, 2018 file photo, President Donald Trump speaks before signing an Executive Order that establishes a National Council for the American Worker during a ceremony in the East Room of the White House in Washington. Trump said he’s willing to hit all imported goods from China with tariffs, sending U.S. markets sliding before the opening bell, Friday, July 20. In a taped interview with the business channel CNBC, Trump said “I’m willing to go to 500,” referring roughly to the $505.5 in goods imported last year from China. (AP Photo/Andrew Harnik, File)
July 20, 2018 - 1:00 pm
The Latest on rising trade tensions following comments by President Donald Trump (all times local): _____ 11:50 a.m. White House Budget Director Mick Mulvaney is defending President Donald Trump's comment lamenting the Federal Reserve's action to raise U.S. interest rates. Mulvaney says he's sure...
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FILE - In this July 19, 2018 file photo, President Donald Trump speaks before signing an Executive Order that establishes a National Council for the American Worker during a ceremony in the East Room of the White House in Washington. Trump said he’s willing to hit all imported goods from China with tariffs, sending U.S. markets sliding before the opening bell, Friday, July 20. In a taped interview with the business channel CNBC, Trump said “I’m willing to go to 500,” referring roughly to the $505.5 in goods imported last year from China. (AP Photo/Andrew Harnik, File)
July 20, 2018 - 9:40 am
President Donald Trump has indicated that he's willing to hit every product imported from China with tariffs and again criticized the Federal Reserve, as well as some of the nation's biggest trading partners. The comments sent U.S. markets sliding early Friday. In a taped interview with the...
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People cross the road in front of an electronic board showing Hong Kong share index outside a bank in Hong Kong, Friday, July 20, 2018. Asian markets wobbled on Friday on signs that China and the U.S. were readying for the imposition of more tariffs on one another. (AP Photo/Kin Cheung)
July 20, 2018 - 7:17 am
SINGAPORE (AP) — World stock markets fell sharply Friday after U.S. President Donald Trump said he was prepared to put new tariffs on all Chinese imports, escalating the rhetoric in a trade war that could hit global economic growth. KEEPING SCORE: From being up slightly earlier in the day, European...
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Chinese President Xi Jinping, receives by Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, at the Presidential Palace in Abu Dhabi, United Arab Emirates, Friday, July 20, 2018. (AP Photo/Malak Harb)
July 20, 2018 - 6:26 am
ABU DHABI, United Arab Emirates (AP) — Chinese President Xi Jinping is in the United Arab Emirates meeting with top leaders as the two countries seek to deepen economic ties. Xi, his Foreign Minister Wang Yi, and other Chinese officials held morning meetings Friday with Abu Dhabi's powerful crown...
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Federal Reserve Board Chair Jerome Powell testifies during a House Committee on Financial Services hearing, Wednesday, July 18, 2018, on Capitol Hill in Washington. (AP Photo/Jacquelyn Martin)
July 20, 2018 - 2:00 am
WASHINGTON (AP) — President Donald Trump on Thursday cast aside concerns about the Federal Reserve's independence, saying he was "not happy" with the Fed's recent interest rate increases. Trump told CNBC in an interview: "I don't like all of this work that we're putting into the economy and then I...
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People cross the road in front of an electronic board showing Hong Kong share index outside a bank in Hong Kong, Friday, July 20, 2018. Asian markets wobbled on Friday on signs that China and the U.S. were readying for the imposition of more tariffs on one another. (AP Photo/Kin Cheung)
July 19, 2018 - 11:50 pm
SINGAPORE (AP) — Asian markets wobbled Friday on signs that China and the U.S. were preparing to impose more tariffs on each other's products. KEEPING SCORE: Japan's Nikkei 225 lost 0.5 percent to 22,652.42 and South Korea's Kospi dropped less than 0.1 percent to 2,281.69. Hong Kong's Hang Seng...
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Marshall Miller, president of Miller and Company, holds up a photo of a vintage truck that he said was affected by previous U.S. tariffs, while speaking during a Commerce Department hearing on investigation into whether auto imports threaten national security, Thursday, July 19, 2018, at the Commerce Department in Washington. The Commerce Department holds a daylong hearing on the latest trade fight the Trump administration is primed to start: It wants to impose tariffs on imported autos and auto parts, a move that President Donald Trump says would aid American workers but that could inflate car prices, make U.S. manufacturers less competitive and draw retaliation from other nations. (AP Photo/Jacquelyn Martin)
July 19, 2018 - 5:36 pm
WASHINGTON (AP) — The U.S. Commerce Department sought feedback on President Donald Trump's plans to consider taxing auto imports. It got an earful at an all-day hearing Thursday. Critics lined up to urge the administration to reject auto tariffs. They argued that the taxes would raise car prices,...
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July 19, 2018 - 11:09 am
WASHINGTON (AP) — The Latest on a U.S. Commerce Department hearing Thursday into whether imports of cars, trucks and auto parts pose a threat to American national security that would justify hitting them with tariffs (all times local): ___ 10:45 a.m. Imposing a 25 percent tariff on auto imports...
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European Commission President Jean-Claude Juncker, left and European Council President Donald Tusk, second from left meet Chinese President Xi Jinping, unseen during a meeting at the Diaoyutai State Guesthouse in Beijing, China, Monday, July 16, 2018. (AP Photo/Ng Han Guan)
July 19, 2018 - 9:03 am
BRUSSELS (AP) — The European Union says it is already preparing measures to retaliate against the United States if President Donald Trump puts tariffs on imported cars and auto parts. The auto industry is a big employer and exporter in Europe, and the new tariffs could hit the region hard, as well...
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