Economy

Federal Reserve Chairman Jerome Powell speaks during a news conference following a two-day Federal Open Market Committee meeting in Washington, Wednesday, July 31, 2019. (AP Photo/Manuel Balce Ceneta)
July 31, 2019 - 4:58 pm
WASHINGTON (AP) — The Federal Reserve cut its key interest rate Wednesday for the first time in a decade to try to counter the impact of President Donald Trump's trade wars, stubbornly low inflation and global weakness. It left open the possibility of future rate cuts, but perhaps not as many as...
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Demonstrators, some waving Puerto Rican national flags, chant in front of the governor's mansion La Fortaleza, in San Juan, Puerto Rico, Wednesday, July 24, 2019. Hundreds of thousands of Puerto Rico have been outraged by leaked, obscenity-laced online chats between Gov. Ricardo Rossello and his advisers, and have protested for nearly two weeks demanding his resignation. (AP Photo/Dennis M. Rivera Pichardo)
July 25, 2019 - 3:39 am
SAN JUAN, Puerto Rico (AP) — Puerto Rico Gov. Ricardo Rosselló said late Wednesday that he will resign Aug. 2 after nearly two weeks of furious protests and political upheaval touched off by a leak of crude and insulting chat messages between him and his top advisers. A crowd of demonstrators...
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Tom Hanks, left, poses with his character Woody as he arrives at the world premiere of "Toy Story 4" on Tuesday, June 11, 2019, at the El Capitan in Los Angeles. (Photo by Chris Pizzello/Invision/AP)
June 23, 2019 - 4:08 pm
NEW YORK (AP) — "Toy Story 4" brought the box office to life with a $118 million opening weekend after a three-week slump of underperforming sequels, but the Pixar film's below-expectations debut didn't quell continuing concerns about a rocky summer movie season. The "Toy Story 4" opening,...
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Actor Danny Glover, right, and author Ta-Nehisi Coates, left, testify about reparation for the descendants of slaves during a hearing before the House Judiciary Subcommittee on the Constitution, Civil Rights and Civil Liberties, at the Capitol in Washington, Wednesday, June 19, 2019. (AP Photo/Pablo Martinez Monsivais)
June 19, 2019 - 1:19 pm
WASHINGTON (AP) — The debate over reparations for descendants of slaves catapulted from the campaign trail to Congress on Wednesday with an impassioned plea from actor Danny Glover and others for lawmakers to address compensation for America's blighted heritage of racism and Jim Crow laws. Glover,...
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FILE - In this April 4, 2016 file photo, CNN anchor Anderson Cooper and Gloria Vanderbilt attend the premiere of "Nothing Left Unsaid" at the Time Warner Center in New York. Vanderbilt, the "poor little rich girl" heiress at the center of a scandalous custody battle of the 1930s and the designer jeans queen of the 1970s and '80s, died on Monday, June 17, 2019, at 95, according to her son, Cooper. (Photo by Charles Sykes/Invision/AP, File)
June 17, 2019 - 11:57 am
NEW YORK (AP) — Gloria Vanderbilt, the intrepid heiress, artist and romantic who began her extraordinary life as the "poor little rich girl" of the Great Depression, survived family tragedy and multiple marriages and reigned during the 1970s and '80s as a designer jeans pioneer, died Monday at the...
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President Donald Trump, first lady Melania Trump, Polish President Andrzej Duda, and his wife Agata Kornhauser-Duda watch a flyover of a F-35 Lightning II jet at the White House, Wednesday, June 12, 2019, in Washington. (AP Photo/Alex Brandon)
June 12, 2019 - 5:50 pm
WASHINGTON (AP) — The United States will send 1,000 more troops to Poland as part of a growing security and economic partnership between the two countries, President Donald Trump said Wednesday. He and Polish President Andrzej Duda differed over Russia's intentions toward the U.S. ally. At a time...
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FILE - In this April 10, 2019, file photo, a Boeing 737 Max 8 airplane being built for India-based Jet Airways lands following a test flight at Boeing Field in Seattle. From airplanes made by Boeing to apples, cherries and wheat grown by farmers, no other state is more dependent on international trade than Washington. As the tariff disputes escalate, small factories are closing and manufacturing behemoths like Boeing are increasingly worried about access to crucial Asian markets that have helped propel the state's booming economy. (AP Photo/Ted S. Warren, File)
May 29, 2019 - 8:55 am
GENEVA (AP) — The global airline trade group says it expects the Boeing 737 Max jet will remain grounded at least through mid-August after two deadly crashes. The spokesman for the International Air Transport Association, Anthony Concil, said Wednesday the group estimates the planes will not fly...
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President Donald Trump picks up the "President's Cup" to present to the Tokyo Grand Sumo Tournament winner Asanoyama, at Ryogoku Kokugikan Stadium, Sunday, May 26, 2019, in Tokyo. (AP Photo/Evan Vucci)
May 26, 2019 - 7:11 am
TOKYO (AP) — President Donald Trump presented a special U.S.-made trophy to the winner of a sumo tournament Sunday as he got a taste of one of Japan's most treasured cultural institutions. The honor given to Trump was part of a charm offensive by Japanese Prime Minister Shinzo Abe as he courted...
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Democratic presidential candidate former Vice President Joe Biden speaks during a campaign stop at a Teamsters union hall in Pittsburgh, Monday, April 29, 2019. (AP Photo/Keith Srakocic)
April 29, 2019 - 6:37 pm
PITTSBURGH (AP) — Joe Biden accused President Donald Trump of abusing the powers of his office and ignoring everyone but his political base Monday in his first public rally as presidential candidate, arguing in the crucial battleground state of Pennsylvania that strengthening unions and promoting...
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Chief Economist and Director of Research Department at the IMF, Gita Gopinath, speaks during a news conference at the World Bank/IMF Spring Meetings, in Washington, Tuesday, April 9, 2019. (AP Photo/Jose Luis Magana)
April 09, 2019 - 10:17 am
WASHINGTON (AP) — The International Monetary Fund on Tuesday downgraded its outlook for growth in the United States, Europe, Japan and the overall global economy and pointed to heightened trade tensions as a key reason. The IMF expects the world economy to grow 3.3% this year, down from 3.6% in...
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