Economy

September 20, 2017 - 3:49 am
WASHINGTON (AP) — It will come as no surprise if the Federal Reserve has an announcement to make when its latest policy meeting ends Wednesday: That it's ready to begin paring its enormous $4.5 trillion portfolio containing Treasurys and mortgage bonds. The Fed expanded its bond holdings — the...
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President Donald Trump meets with Qatar's Emir Sheikh Tamim Bin Hamad Al Thani at the Palace Hotel during the United Nations General Assembly, Tuesday, Sept. 19, 2017, in New York. (AP Photo/Evan Vucci)
September 20, 2017 - 2:07 am
NEW YORK (AP) — The Latest on U.S. President Donald Trump at the United Nations (all times local): 6:30 p.m. President Donald Trump will be returning to New York next week for a fundraising dinner. An email from Trump's campaign operation is advertising a chance for donors to win tickets to a "...
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September 19, 2017 - 6:59 pm
WASHINGTON (AP) — Senate Republicans are zeroing in on a tax outline that would add about $1.5 trillion to the government's $20 trillion debt over 10 years, justifying the spurt of red ink with promises of surging economic growth and a burst of new revenues. Tennessee Sen. Bob Corker, a member of...
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September 19, 2017 - 5:25 pm
Wall Street capped a day of mostly listless trading Tuesday with a slight gain, good enough to lift the major U.S. stock indexes to another set of all-time highs. Banks, insurers and other financial companies led the gainers. Technology companies also helped lift the market. Health care stocks...
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In this Monday, May 22, 2017, photo, customers enter a Best Buy store in Hialeah, Fla. Shares of Best Buy are falling Tuesday, Sept. 19, 2017, after the nation's largest consumer electronics chain outlined long-term profit goals that displeased investors. (AP Photo/Alan Diaz)
September 19, 2017 - 4:22 pm
NEW YORK (AP) — Shares of Best Buy fell Tuesday after the nation's largest consumer electronics chain outlined long-term profit goals that displeased investors. Best Buy also reiterated that it wasn't slashing costs as much as it did in past years as it invests more in online services to compete...
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September 19, 2017 - 3:25 am
FINANCIAL MARKETS Asian shares mixed as Nikkei rises on yen, muted elsewhere TOKYO (AP) — Asian shares were mixed today as investors awaited comments from the U.S. Federal Reserve, and Japan's benchmark rose on optimism over a weak yen and a record finish on Wall Street. On Wall Street yesterday,...
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September 18, 2017 - 10:54 pm
NEW YORK (AP) — The Latest on President Donald Trump (all times local): 10:50 p.m. Ivanka Trump is meeting with foreign officials as the United Nations General Assembly gathers in New York this week. A White House official says President Donald Trump's daughter — and senior adviser — is holding a...
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September 18, 2017 - 5:16 pm
ATLANTA (AP) — A summer of natural catastrophes, from epic hurricanes to scorching wildfires, has exposed another peril in disaster-prone states: How to pay for the rescues, repairs and rebuilding. The combined tab from Hurricanes Harvey and Irma is expected to hit $200 billion or more. While the...
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September 18, 2017 - 5:15 pm
WASHINGTON (AP) — Interior Secretary Ryan Zinke is recommending that four large national monuments in the West be reduced in size, potentially opening up hundreds of thousands of acres of land revered for natural beauty and historical significance to mining, logging and other development. Zinke's...
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September 18, 2017 - 3:02 pm
WASHINGTON (AP) — Republicans straining to find about $1 trillion to finance sweeping tax cuts are homing in on two popular deductions that are woven into the nation's fiscal fabric — the mortgage interest deduction that millions of homeowners prize and the deduction for state and local taxes...
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