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Speaker of the House Nancy Pelosi, D-Calif., speaks during her weekly news conference on Capitol Hill, Thursday, Dec. 12, 2019, in Washington. (AP Photo/Jose Luis Magana)
December 12, 2019 - 3:22 pm
WASHINGTON (AP) — Sharpening their 2020 election message, House Democrats on Thursday pushed through legislation that would empower Medicare to negotiate prescription drug prices and offer new benefits for seniors. The vote along party lines was 230-192. Speaker Nancy Pelosi's bill would cap...
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FILE - In this Wednesday, Sept. 4, 2019 file photo, incoming President of the European Central Bank Christine Lagarde speaks to the European Parliament's Economic and Monetary Affairs Committee in Brussels. Newly appointed European Central Bank head Christine Lagarde makes her first official assessment Thursday, Dec. 12, 2019 of the mixed bag that is the eurozone economy, which suffers from slowing manufacturing and global trade even as consumer spending helps prop up growth. (AP Photo/Francisco Seco, File)
December 12, 2019 - 12:04 pm
FRANKFURT, Germany (AP) — Christine Lagarde is wasting no time in putting her stamp on the European Central Bank. The bank's new president said at her first news conference Thursday that she will lead a top to bottom review of how the institution sets monetary policy, looking at everything from how...
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FILE - In this Nov. 25, 2019, file photo a corn harvester pushes through a field of grain corn in Warsaw, N.Y. On Thursday, Dec. 12, the Labor Department releases the Producer Price Index for November (AP Photo/Julie Jacobson, File)
December 12, 2019 - 8:43 am
WASHINGTON (AP) — U.S. wholesale prices were unchanged in November as the rise in energy costs slowed following a big gain in the previous month. The Labor Department said Thursday that the flat reading in November on its producer price index, which measures inflation pressures before they reach...
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Federal Reserve Chair Jerome Powell removes his glasses as he listens to a question during a news conference after the Federal Open Market Committee meeting, Wednesday, Dec. 11, 2019, in Washington. The Federal Reserve is leaving its benchmark interest rate alone and signaling that it expects to keep low rates unchanged through next year. (AP Photo/Jacquelyn Martin)
December 11, 2019 - 6:23 pm
WASHINGTON (AP) — Chairman Jerome Powell made clear Wednesday that the Federal Reserve is prepared to keep its benchmark interest rate very low through at least next year — and possibly longer. Fueling that expectation is the growing belief of Fed officials that inflation will remain tame even as...
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FILE - In this Nov. 25, 2019, file photo Federal Reserve Board Chair Jerome Powell addresses a round table discussion during a visit to Silver Lane Elementary School, in East Hartford, Conn. On Wednesday, Dec. 11, the Federal Reserve issues a statement and economic projections, followed by a news conference with Powell. (AP Photo/Steven Senne)
December 11, 2019 - 6:19 am
WASHINGTON (AP) — The Federal Reserve is set to leave its benchmark interest rate unchanged Wednesday and will likely signal that it expects rates to remain low well into next year despite a robust job market. Many economists have said they think sluggish growth will even compel the Fed to cut...
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December 09, 2019 - 2:38 pm
WASHINGTON (AP) — The Federal Reserve is expected to send a clear message when its latest policy meeting ends Wednesday: Interest rates will likely stay ultra-low for the foreseeable future. Behind that message is a view that has gained support at the Fed as the U.S. economic expansion has entered...
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FILE - In this April 7, 2016, file photo Federal Reserve chair Janet Yellen, left, and former Federal Reserve chairs Ben Bernanke, center, and Paul Volcker, right, react as they listen to former Fed Chair Alan Greenspan appearing via video conference, during a panel discussion in New York. Volcker, the former Federal Reserve chairman died on Sunday, Dec. 8, 2019, according to his office, He was 92. (AP Photo/Kathy Willens, File)
December 09, 2019 - 11:58 am
Paul Volcker, who as Federal Reserve chairman in the early 1980s elevated interest rates to historic highs and triggered a recession as the price of quashing double-digit inflation, has died, according to his office. He was 92. Volcker took charge of the Fed in August 1979, when the U.S. economy...
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In this Nov. 27, 2019 photo, Wadlande Pierre, right, talks on her mobile phone as she helps her mother, Vanlancia Julien, center, at their fruit and vegetable stand on a sidewalk in Delmas, a district of in Port-au-Prince, Haiti. Pierre, 23, said she temporarily moved in with her aunt in the southwest town of Les Cayes to escape the violent protests in Port-au-Prince. However, she had to move back to the capital because there was no gas, power or water in Les Cayes, and food was becoming scarce. (AP Photo/Dieu Nalio Chery)
December 07, 2019 - 11:34 am
Port-au-Prince (AP) — The flaming barricades are mostly gone, protesters have largely dissipated and traffic is once again clogging the streets of Haiti’s capital, but hundreds of thousands of people are now suffering deep economic aftershocks after more than two months of demonstrations. The...
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FILE - In this Jan. 21, 2009, file photo, Bernard Roques, a refiner of Societe company, smells a Roquefort cheese as they mature in a cellar in Roquefort, southwestern France. The Trump administration is proposing tariffs on up to $2.4 billion worth of French imports, from Roquefort cheese to handbags, retaliation for France’s tax on American tech giants like Google, Amazon and Facebook. The Office of the U.S. Trade Representative says France’s new digital services tax discriminates against U.S. companies and says that the tariffs could reach 100%.(AP Photo/Bob Edme, File)
December 03, 2019 - 11:55 am
PARIS (AP) — France is bristling at a U.S. threat to slap 100% tariffs on French cheeses, Champagne and other products, with the French leader telling President Donald Trump on Tuesday that the move would amount to an attack on all of Europe. The U.S. Trade Representative proposed the tariffs on $2...
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A currency trader watches computer monitors at the foreign exchange dealing room in Seoul, South Korea, Friday, Nov. 29, 2019. Shares extended losses in Asia on Friday after Japan and South Korea reported weak manufacturing data that suggest a worsening toll from trade tensions. (AP Photo/Lee Jin-man)
November 29, 2019 - 1:53 pm
Stocks fell broadly on Wall Street Friday following a shortened trading session a day after the Thanksgiving holiday that left the market slightly below its record highs. Technology, health care and industrial stocks accounted for a big slice of the selling. Several big retailers also dragged the...
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