Economic policy

March 21, 2018 - 1:03 pm
FINANCIAL MARKETS Stocks rise NEW YORK (AP) — Stock indexes are higher in midday trading on Wall Street. Energy companies are rising along with the price of oil and smaller, more U.S.-focused companies are climbing. Homebuilders are up following a report that sales increased in February. Cereal...
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The logo of German car manufacturer BMW is pictured on a BMW 7 car prior to the earnings press conference in Munich, Germany, Wednesday, March 21, 2018. (AP Photo/Matthias Schrader)
March 21, 2018 - 9:00 am
FRANKFURT, Germany (AP) — BMW's profits this year will at least equal last year's results as the automaker sinks billions into developing electric and autonomous car technology to meet expected changes in how people get from one place to another, the company said Wednesday. Chief Financial Officer...
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March 21, 2018 - 6:36 am
SEOUL, South Korea (AP) — World shares have been mostly lower today as some markets have given back early gains ahead of the Federal Reserve's first decision on interest rates since the appointment of its new chair, Jerome Powell. In early trading, Germany's DAX lost 0.1 percent, France's CAC 40...
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Commerce Secretary Wilbur Ross testifies before a House Committee on Appropriation subcommittee hearing on Capitol Hill in Washington, Tuesday, March 20, 2018. (AP Photo/Pablo Martinez Monsivais)
March 20, 2018 - 11:21 pm
WASHINGTON (AP) — When Commerce Secretary Wilbur Ross held up a can of Campbell's soup in a CNBC interview to make the case that the Trump administration's steel and aluminum tariffs were "no big deal," the canning industry begged to disagree — and they were hardly alone. President Donald Trump's...
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Speaker of the House Paul Ryan, R-Wis., meets with reporters following a closed-door Republican strategy session on Capitol Hill in Washington, Tuesday, March 20, 2018. Ryan says he's hoping bargainers can resolve the final disputes in a government-wide spending bill in time for Congress to begin voting Thursday on the measure. (AP Photo/J. Scott Applewhite)
March 20, 2018 - 10:22 pm
WASHINGTON (AP) — Talks over a $1.3 trillion government spending bill dragged Tuesday as congressional negotiators found themselves tangled in side issues ahead of a Friday deadline. If lawmakers can agree on the bill, President Donald Trump will reap a huge budget increase for the military while...
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The Capitol is seen early Tuesday, March 20, 2018 in Washington. Two major issues, the border wall and a tunnel and rail project, are holding up the massive government-wide spending bill that must pass Congress before a midnight Friday deadline to avoid another government shutdown. An agreement could be announced as early as today. (AP Photo/J. Scott Applewhite)
March 20, 2018 - 8:03 pm
WASHINGTON (AP) — The Latest on the massive spending bill Congress must passed this week to avert another government shutdown (all times local): 8 p.m. Negotiations over a $1.3 trillion government spending bill are dragging as Congress slides closer to an end-of-week deadline to pass legislation or...
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FILE - In this Wednesday, Oct. 8, 2014, file photo, a statue of George Washington stands near the New York Stock Exchange, in background. The U.S. stock market opens at 9:30 a.m. EDT on Tuesday, March 20, 2018. (AP Photo/Mark Lennihan, File)
March 20, 2018 - 10:15 am
NEW YORK (AP) — U.S. stocks are rising Tuesday as energy companies climb with oil prices and banks move up along with interest rates. The market was recovering some of its losses from a day ago. Other sectors including health care and industrials are also bouncing back. Technology stocks are mostly...
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Chinese Premier Li Keqiang applauds during the closing session of the annual National People's Congress in the Great Hall of the People in Beijing, China, Tuesday, March 20, 2018. (AP Photo/Ng Han Guan)
March 20, 2018 - 1:33 am
BEIJING (AP) — Chinese Premier Li Keqiang appealed to Washington on Tuesday to "act rationally" and avoid disrupting trade over steel, technology and other disputes, promising that Beijing will "open even wider" to imports and investment. "No one will emerge a winner from a trade war," said Li, the...
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March 19, 2018 - 10:59 pm
BEIJING (AP) — Premier Li Keqiang promises China's economy 'will open even wider,' Beijing will eliminate import tariffs on drugs.
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FILE - In this Dec. 22, 2017, file photo, the U.S. Capitol in the early morning in Washington. Top-level Capitol Hill talks on a massive $1.3 trillion catchall spending bill are reaching a critical stage as negotiators confront immigration issues, abortion-related controversies, and a battle over a massive rail project that pits President Donald Trump against his most powerful Democratic adversary. (AP Photo/J. Scott Applewhite, File)
March 19, 2018 - 5:53 pm
WASHINGTON (AP) — Capitol Hill Democrats have rejected a White House bid to extend protections for so-called Dreamer immigrants in exchange for $25 billion in funding for President Donald Trump's long-sought border wall as Washington talks on a $1.3 trillion catchall spending bill hit a critical...
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