Economy

Russian President Vladimir Putin gestures during his annual news conference in Moscow, Russia, Thursday, Dec. 19, 2019. Russian President Vladimir Putin called the U.S. impeachment process "far-fetched" Thursday, making a seemingly obvious prediction that Donald Trump will be acquitted in the Senate. (AP Photo/Pavel Golovkin)
Associated Press
December 19, 2019 - 10:38 am
MOSCOW (AP) — Russian President Vladimir Putin said Thursday that U.S. President Donald Trump was impeached for “far-fetched” reasons, calling the move by Democrats a continuation of their fight against the Republican leader. “It's simply a continuation of internal political struggle,” Putin said...
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The U.S. Capitol in Washington is shrouded in mist, Friday night, Dec. 13, 2019. This coming week’s virtually certain House impeachment of President Donald Trump will underscore how Democrats and Republicans have morphed into fiercely divided camps since lawmakers impeached President Bill Clinton.(AP Photo/J. Scott Applewhite)
Associated Press
December 17, 2019 - 7:14 pm
WASHINGTON (AP) — The Democratic-controlled House voted Tuesday to pass a $1.4 trillion government spending package, handing President Donald Trump a victory on his U.S.-Mexico border fence while giving Democrats spending increases across a swath of domestic programs. The hard-fought legislation...
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Boeing workers exit the plant in front of a giant mural of a jet on the side of the manufacturing building behind Monday, Dec. 16, 2019, in Renton, Wash. Shares of Boeing fell before the opening bell on a report that the company may cut production of its troubled 737 MAX or even end production all together. (AP Photo/Elaine Thompson)
Associated Press
December 17, 2019 - 9:06 am
Boeing is suspending production of the 737 Max as hopes of getting its marquee aircraft back in the air quickly fade. The ramifications are likely to ripple beyond the factory floor of Boeing's plant in Renton, Washington, across both the aviation and manufacturing sectors. It could ultimately...
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In this Dec. 6, 2019, photo, Democratic presidential candidate South Bend, Ind., Mayor Pete Buttigieg speaks during the Iowa Farmers Union Presidential Forum in Grinnell, Iowa. Buttigieg's plan to offer limited free college to students from households earning less than $100,000 a year is exposing one a rift in one of the sleeper issues of the Democratic presidential primary race (AP Photo/Charlie Neibergall)
Associated Press
December 11, 2019 - 7:13 am
WASHINGTON (AP) — Pete Buttigieg's latest ad on college affordability was a relatively quiet one: The presidential candidate is seen explaining his plan for free public college tuition for some to a small group of nodding middle-aged voters, his measured tone hardly shifting as he takes an indirect...
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FILE - This Feb. 20, 2018, file photo shows the Grubhub app on an iPhone in Chicago. Shares in GrubHub are down more than 30% before the opening bell on Tuesday, Oct. 29, 2019, after it sharply cut its revenue expectations for the year and warned of intense competition. (AP Photo/Charles Rex Arbogast, File)
Associated Press
October 29, 2019 - 5:12 pm
NEW YORK (AP) — Shares in Grubhub plunged 43% Tuesday after it sharply cut its revenue expectations for the year and warned of intense competition. The steep decline in share price wiped away more than $2.3 billion of the company's stock market valuation. It is the worst single-day decline for...
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FILE - In this May 22, 2017 file photo, a gift box from Tiffany & Co. is arranged for a photo in Surfside, Fla. In a statement released Monday Oct. 28, 2019, French luxury group LVMH confirmed that it has held preliminary discussions to purchase U.S. jeweler Tiffany & Co. (AP Photo/Wilfredo Lee, File)
Associated Press
October 28, 2019 - 9:37 am
PARIS (AP) — French luxury group LVMH is making a play for the iconic blue box. The conglomerate said Monday it has offered to buy Tiffany & Co. for $14.5 billion in cash, sending shares in the New York jeweler soaring. The purchase would add another household name to LVMH's plethora of upscale...
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This Sept. 18, 2019, photo shows the view of the U.S. Capitol building from the Washington Monument in Washington. The federal deficit for the 2019 budget year is expected to have soared to near $1 trillion, up more than $200 billion from last year and the largest such gap in seven years. (AP Photo/Patrick Semansky)
Associated Press
October 25, 2019 - 6:07 pm
WASHINGTON (AP) — The Trump administration reported a river of red ink Friday. The federal deficit for the 2019 budget year surged 26% from 2018 to $984.4 billion — its highest point in seven years. The gap is widely expected to top $1 trillion in the current budget year and likely remain there for...
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RADIO.COM
October 23, 2019 - 9:18 am
For a second time in three months, President Donald Trump is headed to Pennsylvania to promote his support for the natural gas industry, making clear that he sees his pro-industry policies as a boost to his chances of winning the battleground state. As some of his leading Democratic opponents are...
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California Gov. Gavin Newsom signs bill AB 1482, Tuesday, Oct. 8, 2019, in Oakland, Calif. AB 1482 will cap rent increases at 5% each year plus inflation. The bill will also ban landlords from evicting tenants without just cause. (AP Photo/Ben Margot)
Associated Press
October 08, 2019 - 6:56 pm
SACRAMENTO, Calif. (AP) — California will limit rent increases for some people over the next decade after Democratic Gov. Gavin Newsom signed a law Tuesday aimed at combating a housing crisis in the nation's most populous state. Newsom signed the bill at an event in Oakland, an area where a recent...
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(Photo by Alex Wong/Getty Images)
Associated Press
October 07, 2019 - 5:57 pm
WASHINGTON (AP) — The government ran a budget deficit of just under $1 trillion in the just-closed fiscal year, the Congressional Budget Office said Monday. The $984 billion deficit tally for 2019 came in more than $200 billion more than last year's, despite very low unemployment and continuing...
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