Economy

Presidential candidate for the Nueva Mayoria coalition Alejandro Guillier casts his vote during presidential elections in Antofagasta, Chile, Sunday, Nov. 19, 2017. (Cristian Rudolffi/Aton Chile via AP)
November 19, 2017 - 2:31 pm
SANTIAGO, Chile (AP) — Billionaire businessman Sebastian Pinera is heavily favored to top Sunday's election backed by Chileans who hope the former president can resuscitate a flagging economy, but polls suggest he won't get enough votes to avoid a runoff. The world's top copper producing country...
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FILE - In this Thursday, July 20, 2017, file photo, Budget Director Mick Mulvaney gestures as he speaks during the daily press briefing at the White House in Washington. Mulvaney and Treasury Secretary Steven Mnuchin sent mixed signals Sunday, Nov. 19, on the fate of a health care provision in the Senate version of a $1.5 trillion measure to overhaul business and personal income taxes that is expected to be voted on after Thanksgiving. "I don't think anybody doubts where the White House is on repealing and replacing Obamacare. We absolutely want to do it," Mulvaney said. (AP Photo/Pablo Martinez Monsivais, File)
November 19, 2017 - 1:12 pm
WASHINGTON (AP) — Two of President Donald Trump's leading economic advisers sent mixed signals Sunday on the fate of a health care provision in the Senate version of a $1.5 trillion measure to overhaul business and personal income taxes that is expected to be voted on after Thanksgiving. The...
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November 19, 2017 - 6:39 am
BOSTON (AP) — They may not be mad about reefer, but a growing number of Massachusetts communities are leaving their borders open to commercial marijuana businesses, bucking a wave of bans and moratoriums that followed voter approval of legal recreational pot. Recent votes in several cities and...
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FILE - In this Thursday, Nov. 16, 2017 file photo, House Speaker Paul Ryan of Wis., joined by House Republicans, speaks to the media following a vote on tax reform, on Capitol Hill in Washington. A popular deduction targeted in the GOP’s overhaul of the tax code is used by more than a quarter of all filers in a majority of states, including many led by Republicans where some residents eventually could see their federal tax bills rise. (AP Photo/Jacquelyn Martin, File)
November 18, 2017 - 4:57 pm
ATLANTA (AP) — A popular deduction targeted in the GOP's overhaul of the tax code is used by more than a quarter of all filers in a majority of states, including many led by Republicans where some residents eventually could see their federal tax bills rise. The exact effect in every state isn't...
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FILE - In this Friday, May 19, 2017, file photo, job seekers walk into the Opportunity Fair and Forum employment event in Dallas. On Friday, Nov. 17, 2017, the Labor Department reports on state unemployment rates for October. (AP Photo/LM Otero, File)
November 17, 2017 - 6:30 pm
WASHINGTON (AP) — Unemployment rates fell to record lows in Alabama, Hawaii and Texas last month, and dropped in nine other U.S. states. Employers added jobs in nine states in October, and cut them in three, the Labor Department said Friday. Steady hiring has driven down unemployment in most states...
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FILE - In this Friday, Oct. 4, 2013, file photo, economist Arthur Laffer, known as the "father of supply-side economics" and who was an economic advisor to President Ronald Reagan, speaks to an executive committee meeting of the California Republican Party at their convention in Anaheim, Calif. In their effort to overhaul the U.S. tax code, President Donald Trump and congressional Republicans are betting that by slashing taxes on corporations and rich people, the money diverted from the U.S. Treasury will find its way into the pockets of ordinary Americans. “It will increase real wages and it will increase them substantially,’’ says Laffer. (AP Photo/Reed Saxon, File)
November 17, 2017 - 4:35 pm
WASHINGTON (AP) — Does money roll downhill? In their drive to cut taxes, President Donald Trump and congressional Republicans are betting it does. Behind their legislation is a theory long popular among conservatives: Slash taxes for corporations and rich people, who will then hire, invest and...
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November 17, 2017 - 1:32 pm
WASHINGTON (AP) — Secretary of State Rex Tilllerson called on African nations Friday to do more to isolate North Korea, which relies on trade and military relationships on the continent as a source of hard currency. Speaking to African foreign ministers at the State Department, Tillerson said North...
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British Prime Minister Theresa May, right, speaks with French President Emmanuel Macron, center, as they walk on a pier at an EU summit in Goteborg, Sweden on Friday, Nov. 17, 2017. European Union leaders warned Britain Friday that it must do much more to convince them that Brexit talks should be broadened to future relations and trade from December. (AP Photo/Virginia Mayo)
November 17, 2017 - 1:19 pm
GOTEBORG, Sweden (AP) — European Union leaders warned Britain on Friday that it must do much more to convince them that Brexit talks should be broadened to cover future relations and trade from next month onward. With British Prime Minister Theresa May mired in political disputes at home, Friday's...
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FILE - In this Oct. 27, 2009 file photo, Caracas' Mayor Antonio Ledezma attends a Senate meeting, in Brasilia, Brazil. The former mayor has escaped house arrest in Caracas and arrived in Colombia, Friday, Nov. 17, 2017. (AP Photo/Eraldo Peres, File)
November 17, 2017 - 11:33 am
CARACAS, Venezuela (AP) — Former Caracas Mayor Antonio Ledezma escaped house arrest and fled to Colombia on Friday, an apparent embarrassment for security forces who had been keeping close watch over one of Venezuela's most prominent opposition leaders. Colombian immigration authorities said in a...
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In this Thursday, June 1, 2017, photo, builders work on the roof of a home under construction at a housing plan in Jackson Township, Butler County, Pa. On Friday, Nov. 17, 2017, the Commerce Department reports on U.S. home construction in October. (AP Photo/Keith Srakocic)
November 17, 2017 - 8:39 am
WASHINGTON (AP) — Construction of new homes climbed 13.7 percent in October, the biggest jump in a year as builders broke ground on more apartments and single-family houses. The Commerce Department said Friday that the monthly gain put U.S. housing starts at a seasonally adjusted annual rate of 1...
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