Economic policy

July 18, 2018 - 10:55 pm
TOKYO (AP) — Japan has recorded a trade surplus in June, including with the U.S., despite tariffs put in place by President Donald Trump. The Finance Ministry reported Thursday that Japan's exports in June rose 6.7 percent from the same month a year ago, as exports grew in machinery, food, metals...
Read More
Federal Reserve Board Chair Jerome Powell attends a House Committee on Financial Services hearing, Wednesday, July 18, 2018, on Capitol Hill in Washington. (AP Photo/Jacquelyn Martin)
July 18, 2018 - 12:20 pm
WASHINGTON (AP) — The Latest on Federal Reserve Chairman Jerome Powell's congressional appearance to deliver the Fed's semi-annual monetary policy report. (all times local) ___ 11:50 a.m. Powell is getting praise from lawmakers for his efforts to avoid economic jargon in explaining what the Federal...
Read More
Japanese Prime Minister Shinzo Abe, center, European Union's Council President Donald Tusk, left, and European Union's Commission President Jean-Claude Junker pose after signing a contract, Tuesday, July 17, 2018, at the prime minister's office in Tokyo. (Martin Bureau/Pool Photo via AP)
July 17, 2018 - 8:40 pm
TOKYO (AP) — The European Union and Japan signed a landmark deal on Tuesday that will eliminate nearly all tariffs on products they trade. The ambitious pact signed in Tokyo runs counter to President Donald Trump's moves to hike tariffs on imports from many U.S. trading partners. It covers a third...
Read More
Japanese Prime Minister Shinzo Abe, center, European Commission President Jean-Claude Juncker, left, and European Council President Donald Tusk, right, smile after their joint press conference of Japan-EU summit at Abe's official residence in Tokyo Tuesday, July 17, 2018. (AP Photo/Koji Sasahara, Pool)
July 17, 2018 - 5:33 pm
BRUSSELS (AP) — After a week of the worst barrage of insults yet from U.S. President Donald Trump, the European Union is looking westward toward the White House less and less. Making it worse, Trump spent Monday cozying up to EU adversary Vladimir Putin in an extraordinary chummy summit with the...
Read More
FILE - In this Dec. 13, 2016, file photo, the logo for Goldman Sachs appears above a trading post on the floor of the New York Stock Exchange. Goldman Sachs reports earnings Tuesday, July 17, 2018. (AP Photo/Richard Drew, File)
July 17, 2018 - 3:14 pm
NEW YORK (AP) — Another Wall Street veteran of the financial crisis is stepping aside: Lloyd Blankfein is retiring as CEO of Goldman Sachs after 12 years at the helm of the storied investment bank. Blankfein will give way to David Solomon, a long-time Goldman executive who has been considered...
Read More
A man walks by an electronic stock board of a securities firm in Tokyo, Tuesday, July 17, 2018. Asian markets fell on Tuesday as mounting tensions over U.S. tariffs overshadowed data suggesting global growth was still on track. (AP Photo/Koji Sasahara)
July 17, 2018 - 7:43 am
SINGAPORE (AP) — World markets turned lower on Tuesday as investors looked ahead to Federal Reserve Chairman Jerome Powell's testimony to Congress for clues on U.S. interest rates. KEEPING SCORE: Germany's DAX shed 0.2 percent to 12,537 and the CAC 40 in France was down 0.4 percent at 5,3889. The...
Read More
FILE- In this May 17, 2018, file photo, an American flag hangs above the bell podium on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Monday, July 16. (AP Photo/Richard Drew, File)
July 16, 2018 - 11:01 pm
SINGAPORE (AP) — Asian markets fell on Tuesday as mounting tensions over U.S. tariffs overshadowed data suggesting global growth was still on track. KEEPING SCORE: South Korea's Kospi lost 0.2 percent to 2,297.64 and Hong Kong's Hang Seng lost 1.0 percent to 28,247.53 in morning trading. The...
Read More
In this July 13, 2018, photo, Chinese made children shoes carrying a Chinese map and U.S. flags are on display for a sale at a shop in Beijing. China announced it filled a World Trade Organization challenge Monday, July 16, 2018, to U.S. President Donald Trump's proposal for a tariff hike on $200 billion of Chinese goods, reacting swiftly amid deepening concern about the economic impact of their spiraling technology dispute. (AP Photo/Andy Wong)
July 16, 2018 - 4:06 pm
WASHINGTON (AP) — The Trump administration on Monday brought cases against China, the European Union, Canada, Mexico and Turkey at the World Trade Organization for retaliating against American tariffs on imported steel and aluminum. The United States has imposed tariffs of 25 percent on steel and...
Read More
July 16, 2018 - 3:19 pm
WASHINGTON (AP) — The U.S. says countries and businesses that keep importing Iranian oil could avoid penalties by making "significant reductions" as Washington re-imposes sanctions on Tehran later this year. Treasury Secretary Steven Mnuchin and Secretary of State Mike Pompeo say possible wiggle...
Read More
In this July 13, 2018, photo, Chinese made children shoes carrying a Chinese map and U.S. flags are on display for a sale at a shop in Beijing. China announced it filled a World Trade Organization challenge Monday, July 16, 2018, to U.S. President Donald Trump's proposal for a tariff hike on $200 billion of Chinese goods, reacting swiftly amid deepening concern about the economic impact of their spiraling technology dispute. (AP Photo/Andy Wong)
July 16, 2018 - 9:39 am
BEIJING (AP) — China announced it filed a World Trade Organization challenge Monday to President Donald Trump's latest tariff threat, stepping up its diplomatic efforts to counter U.S. pressure in a spiraling technology dispute. The Trump administration has criticized the WTO as unable to deal with...
Read More

Pages