Economy

Farmer Michael Slattery stands in front of his soybean field, Tuesday, July 24, 2018, in Maribel, Wis. He and his wife farm 300 acres of mostly soybean and corn, but they also have wheat and alfalfa. Slattery said he while he will benefit from emergency aid, he sees it as a short-term fix. He said he also sees it as an ploy to gain support ahead of the mid-term elections. (AP Photo/Carrie Antlfinger)
July 25, 2018 - 7:09 am
DES MOINES, Iowa (AP) — Many farmers remain critical of President Donald Trump's tariffs and the damage done to commodity prices and markets but were appreciative Tuesday that he offered to provide some cash to help offset their losses. The U.S. Department of Agriculture announced a $12 billion...
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FILE - In a Thursday, July 19, 2018 file photo, Ivanka Trump, the daughter of President Donald Trump, applauds during a signing ceremony where President Donald Trump signed an Executive Order that establishes a National Council for the American Worker in the East Room of the White House, in Washington. Ivanka Trump’s clothing company is shutting down and all its employees are being laid off, according to news reports. The New York Post is reporting that its sources say the company “will be shuttered ‘ASAP’ and that staff have been informed that they’re being laid off.”(AP Photo/Andrew Harnik, File)
July 24, 2018 - 6:05 pm
NEW YORK (AP) — Ivanka Trump is shutting down her fashion line of dresses, shoes and handbags that became a target of political boycotts and spurred concerns about conflicts of interest after her father was elected. The president's daughter said in a statement she made the decision so she could...
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President Donald Trump greets supporters after arriving at the Kansas City International Airport to attend the national convention of the Veterans of Foreign Wars, Tuesday, July 24, 2018, in Kansas City, Mo. (AP Photo/Evan Vucci)
July 24, 2018 - 5:27 pm
WASHINGTON (AP) — The Trump administration announced Tuesday it will provide $12 billion in emergency relief to ease the pain of American farmers slammed by President Donald Trump's escalating trade disputes with China and other countries. However, some farm-state Republicans quickly dismissed the...
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House Speaker Paul Ryan of Wis., leaves a news conference following a GOP caucus meeting, Tuesday, July 24, 2018, on Capitol Hill in Washington. (AP Photo/Jacquelyn Martin)
July 24, 2018 - 5:27 pm
WASHINGTON (AP) — The Latest on President Trump and trade all times local): 8:15 p.m. President Donald Trump says he'll propose to European officials on Wednesday that both sides drop all tariffs, barriers and subsidies. Trump has floated the idea in the past, but he tweeted Tuesday night that he...
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A field of corn is seen in front of a barn carrying a large Trump sign in rural Ashland, Neb., Tuesday, July 24, 2018. The Trump administration announced Tuesday it will provide $12 billion in emergency relief to ease the pain of American farmers slammed by President Donald Trump's escalating trade disputes with China and other countries. (AP Photo/Nati Harnik)
July 24, 2018 - 5:00 pm
DES MOINES, Iowa (AP) — Many farmers are critical of President Donald Trump's tariffs and the damage done to commodity prices and markets, but say they are appreciative that he has offered to provide cash to help make up their losses. Secretary of Agriculture Sonny Perdue announced Tuesday a $12...
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Trader Gordon Charlop works on the floor of the New York Stock Exchange, Tuesday, July 24, 2018. Stocks are opening broadly higher on Wall Street as investors were pleased to see strong earnings reports from a number of U.S. companies. (AP Photo/Richard Drew)
July 24, 2018 - 12:38 pm
U.S. stock indexes were mostly higher Tuesday afternoon as investors welcomed some strong corporate earnings reports. Gains in health care and technology companies outweighed losses by consumer goods manufacturers, utilities and other sectors. Small-company stocks fell. KEEPING SCORE: The S&P...
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FILE- This April 27, 2017, file photo shows the Harley-Davidson name on the gas tank of a bike in Glenview, Ill. Harley-Davidson topped Wall Street expectations again on steady sales in Latin America, Europe, Middle East and Africa, though shipments slipped by 11 percent in the second quarter and the company warned that new EU tariffs would pressure operating margins. (AP Photo/Nam Y. Huh, File)
July 24, 2018 - 6:40 am
MILWAUKEE (AP) — With sales stagnant at home, Harley-Davidson has looked increasingly overseas for buyers of its iconic motorcycles. The economic headwinds it faces are increasing however as tariffs abroad, in retaliation for U.S. duties on steel and aluminum, take a bite. The Milwaukee company on...
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Investors walk in front of trading boards at a private stock market gallery in Kuala Lumpur, Tuesday, July 24, 2018. Asian markets rose on Tuesday as better-than-expected U.S. corporate earnings and the lack of bad news on trade tensions encouraged investors. (AP Photo/Vincent Thian)
July 24, 2018 - 5:55 am
LONDON (AP) — A strong round of U.S. corporate earnings, most notably from Google parent Alphabet, helped buoy global stock markets on Tuesday despite some soft economic data that stoked some concerns about the state of the global economy at a time when trade tensions are elevated. KEEPING SCORE:...
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June 26, 2018 - 4:55 pm
(CBS NEWS) -- "Think about trying to live today on the income you had 15 years ago." That's how agriculture expert Chris Hurt describes the plight facing U.S. farmers today. The unequal economy that's emerged over the past decade, combined with patchy access to health care in rural areas, have had...
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