Government policy

May 30, 2019 - 8:17 pm
BEIJING (AP) — China's factory activity fell into contraction territory in May amid an ongoing trade dispute with the U.S. that has seen higher tariffs slapped on Chinese exports. The National Bureau of Statistics and an industry group, the China Federation of Logistics & Purchasing, said...
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NBA Commissioner Adam Silver holds a news conference before Game 1 of basketball’s NBA Finals between the Golden State Warriors and the Toronto Raptors, Thursday, May 30, 2019, in Toronto. (Frank Gunn/The Canadian Press via AP)
May 30, 2019 - 6:29 pm
TORONTO (AP) — The NBA is closely monitoring the ongoing trade dispute and tariff rift between the U.S. and China, though the league is not yet worried that it will interfere with any business happening with the world's most populous nation. NBA Commissioner Adam Silver even went as far Thursday...
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President Donald Trump speaks during the 2019 United States Air Force Academy Graduation Ceremony at Falcon Stadium, Thursday, May 30, 2019, at the United States Air Force Academy, in Colorado Springs, Colo. (AP Photo/Andrew Harnik)
May 30, 2019 - 6:24 pm
WASHINGTON (AP) — The Latest on President Donald Trump's announcement on a new tariff for Mexican imports in response to heavy flow of migrants (all times local): 9:20 p.m. The Mexican undersecretary for North America is calling new tariffs on Mexican goods announced by U.S. President Donald Trump...
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President Donald Trump speaks during the 2019 United States Air Force Academy Graduation Ceremony at Falcon Stadium, Thursday, May 30, 2019, at the United States Air Force Academy, in Colorado Springs, Colo. (AP Photo/Andrew Harnik)
May 30, 2019 - 5:07 pm
WASHINGTON (AP) — In a surprise announcement that could compromise a major trade deal, President Donald Trump announced Thursday that he is slapping a 5% tariff on all Mexican imports to pressure the country to do more to crack down on the surge of Central American migrants trying to cross the...
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May 30, 2019 - 4:33 pm
WASHINGTON (AP) — The Trump administration on Thursday triggered the process for submitting a bill to Congress that would implement the president's new trade deal with Canada and Mexico. The notification sent to House Speaker Nancy Pelosi and other congressional leaders riled Democrats. They've...
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Traders Patrick Casey, left, and Gregory Rowe work on the floor of the New York Stock Exchange, Thursday, May 30, 2019. Stocks are edging higher in early trading on Wall Street following two days of losses. (AP Photo/Richard Drew)
May 30, 2019 - 10:57 am
Major U.S. stock indexes edged higher in afternoon trading Thursday, barely holding on to gains after an early rally lost momentum. The market's modest pickup comes after two days of losses, which helped keep the S&P 500 on track for its fourth weekly loss and its first monthly decline of the...
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May 30, 2019 - 10:54 am
JERUSALEM (AP) — Israeli Prime Minister Benjamin Netanyahu says U.S. President Trump's son-in-law Jared Kushner has gifted him an official State Department map, updated to incorporate the long-disputed Golan Heights as part of Israel. Speaking at a news conference in Jerusalem on Thursday,...
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FILE- In this Friday, Nov. 9, 2018, file photo Walmart associate Luis Gutierrez, center, checks out a customer at a Walmart Supercenter in Houston. The trade dispute between the U.S. and China is weighing on the retail sector, with shares of many in the industry falling in premarket trading, Thursday, May 30, 2019. Retail shares have seesawed of late, with companies expressing concern over tariffs squeezing their businesses. (AP Photo/David J. Phillip, File)
May 30, 2019 - 8:34 am
NEW YORK (AP) — Pressure from the trade dispute between the U.S. and China continues to weigh on the retail sector. Retailers have seen their shares seesaw this week as they express concern over tariffs squeezing their businesses. The latest is PVH Corp., owner of the Calvin Klein and Tommy...
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Vice President Mike Pence speaks at a Memorial Day ceremony after placing a wreath in front of the Tomb of the Unknown Soldier, Monday, May 27, 2019, at Arlington National Cemetery in Arlington, Va. (AP Photo/Patrick Semansky)
May 30, 2019 - 8:08 am
OTTAWA, Ontario (AP) — Vice President Mike Pence has arrived in Canada as he looks to build momentum to get a new trade deal with Canada and Mexico passed. The visit comes after President Donald Trump removed steel and aluminum tariffs on Canada and Mexico, clearing a key roadblock to a North...
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FILE- In this Aug. 24, 2015, file photo specialist Frank Masiello is reflected in his screen on the floor of the New York Stock Exchange. The bond market is getting another whiff of a recession Bonds are supposed to be the boring corner of the finance world, but even high-flying stock investors stop and pay attention when they fall into a particular, concerning pattern. It’s called an “inverted yield curve,” and it happens when investors are willing to accept lower yields for long-term U.S. government bonds than for short-term debt. It’s been a relatively reliable predictor for recessions, and it’s happening again.(AP Photo/Richard Drew, FIle)
May 30, 2019 - 8:02 am
NEW YORK (AP) — The scent of a possible recession is wafting through the bond market again. Bonds are supposed to be the boring corner of the finance world, but even high-flying stock investors stop and pay attention when they fall into a particular, concerning pattern. It's called an "inverted...
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