Economic policy

President Donald Trump speaks with reporters as he walks to Marine One on the South Lawn of the White House, Friday, Aug. 23, 2019, in Washington. Trump is en route to the G-7 summit in France. (AP Photo/Alex Brandon)
August 24, 2019 - 1:10 am
BIARRITZ, France (AP) — President Donald Trump heads into a summit with global economic powers confronting the consequences of his preference for going it alone in a polarized nation and an interconnected world. The Group of Seven nations are gathering in a French beach resort town at one of the...
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Federal Reserve Chairman Jerome Powell, left, and Bank of England Governor Mark Carney, right, pause in front of Mt. Moran after Powell's speech at the Jackson Hole Economic Policy Symposium on Friday, Aug. 23, 2019, in Jackson Hole, Wyo. (AP Photo/Amber Baesler)
August 23, 2019 - 11:28 pm
WASHINGTON (AP) — President Donald Trump launched a furious and highly personal Twitter attack Friday against the Federal Reserve and Chairman Jerome Powell, fuming that the Fed once more "did NOTHING!" and wondering who is "our bigger enemy" — Powell or China's leader. The outburst came after...
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Trader Fred DeMarco works on the floor of the New York Stock Exchange, Friday, Aug. 23, 2019. Stocks tumbled on Wall Street after President Donald Trump said he "hereby ordered" U.S. companies to consider alternatives to doing business in China. (AP Photo/Richard Drew)
August 23, 2019 - 10:14 pm
The Dow Jones Industrial Average plunged more than 600 points Friday after the latest escalation in the trade war between the U.S. and China rattled investors. The broad sell-off sent the S&P 500 to its fourth straight weekly loss. Stocks tumbled after President Donald Trump responded angrily...
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FILE - In this June 29, 2019, file photo, President Donald Trump, left, meets with Chinese President Xi Jinping during a meeting on the sidelines of the G-20 summit in Osaka, Japan. China has announced it will raise tariffs on $75 billion of U.S. products in retaliation for President Donald Trump's planned Sept. 1 duty increase in a war over trade and technology policy. (AP Photo/Susan Walsh, File)
August 23, 2019 - 8:57 pm
WASHINGTON (AP) — President Donald Trump angrily escalated his trade fight with China on Friday, raising retaliatory tariffs and ordering American companies to consider alternatives to doing business there. He also blamed Jerome Powell, the man he appointed as chairman of the Federal Reserve, for...
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Wildfires consume an area near Porto Velho, Brazil, Friday, Aug. 23, 2019. Brazilian state experts have reported a record of nearly 77,000 wildfires across the country so far this year, up 85% over the same period in 2018. Brazil contains about 60% of the Amazon rainforest, whose degradation could have severe consequences for global climate and rainfall. (AP Photo/Victor R. Caivano)
August 23, 2019 - 8:36 pm
PORT VELHO, Brazil (AP) — Under international pressure to contain fires sweeping parts of Brazil's Amazon, President Jair Bolsonaro on Friday authorized use of the military to battle the huge blazes while thousands took to the streets to protest his environmental policies. Brazilian forces will...
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This Aug. 15, 2019 satellite image from Maxar Technologies shows closeup view of a fire southwest of Porto Velho Brazil. Brazil's National Institute for Space Research, a federal agency monitoring deforestation and wildfires, said the country has seen a record number of wildfires this year as of Tuesday, Aug. 20. (Satellite image ©2019 Maxar Technologies via AP)
August 23, 2019 - 3:19 pm
BIARRITZ, France (AP) — In a sharp escalation of tensions over fires ravaging the Amazon, France on Friday accused Brazil's president of having lied to French leader Emmanuel Macron and threatened to block a European Union trade deal with South American states including Brazil. Ireland joined in...
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FILE - In this June 29, 2019, file photo, President Donald Trump, left, meets with Chinese President Xi Jinping during a meeting on the sidelines of the G-20 summit in Osaka, Japan. China has announced it will raise tariffs on $75 billion of U.S. products in retaliation for President Donald Trump's planned Sept. 1 duty increase in a war over trade and technology policy. (AP Photo/Susan Walsh, File)
August 23, 2019 - 1:28 pm
WASHINGTON (AP) — President Donald Trump declared Friday that he had "hereby ordered" American companies with operations in China "to immediately start looking for" an alternative after Beijing announced a series of retaliatory tariffs. But as markets in the U.S., Asia and Europe tumbled, the White...
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Screens showing the Korea Composite Stock Price Index (KOSPI) and the foreign exchange rates are seen at the foreign exchange dealing room in Seoul, South Korea, Friday, Aug. 23, 2019. Asian stock markets were mixed on Friday after Wall Street declined ahead of a closely watched speech by the U.S. Federal Reserve chairman. (AP Photo/Lee Jin-man)
August 23, 2019 - 12:05 pm
WASHINGTON (AP) — The Latest on the gathering of central bankers in Jackson Hole, Wyoming (all times local): 12 noon. Some economists saw Federal Reserve Chairman Jerome Powell's speech in Jackson Hole as setting the stage for further interest rate cuts this year. A quarter-point rate cut reduction...
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Screens showing the Korea Composite Stock Price Index (KOSPI) and the foreign exchange rates are seen at the foreign exchange dealing room in Seoul, South Korea, Friday, Aug. 23, 2019. Asian stock markets were mixed on Friday after Wall Street declined ahead of a closely watched speech by the U.S. Federal Reserve chairman. (AP Photo/Lee Jin-man)
August 23, 2019 - 10:05 am
WASHINGTON (AP) — The Latest on the gathering of central bankers in Jackson Hole, Wyoming (all times local): 10 a.m. Federal Reserve Chairman Jerome Powell says President Donald Trump's trade wars have complicated the Fed's ability to set interest rate policies but offers no clear signal about...
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FILE - In this July 31, 2019, file photo Federal Reserve Chairman Jerome Powell speaks during a news conference following a two-day Federal Open Market Committee meeting in Washington. Powell is scheduled to speak at the annual Fed conference in Jackson Hole, Wyo., on Friday, Aug. 23. (AP Photo/Manuel Balce Ceneta, File)
August 23, 2019 - 12:27 am
BEIJING (AP) — Asian stock markets were mixed on Friday after Wall Street declined ahead of a closely watched speech by the U.S. Federal Reserve chairman. Market benchmarks in Shanghai, Tokyo and Australia rose while Hong Kong declined. Investors are looking to Jerome Powell's speech Friday for...
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