Wall Street’s main indexes were higher on Tuesday, with the Dow Jones Industrial Average rising more than 100 points, helped by a recovery in the battered technology and consumer discretionary stocks. Amazon and Tesla, the top drags on Monday, rose, with the Dow and the S&P opening above their 200-day moving averages. The S&P 500…
read moreAs trade frictions heat up between China and the United States, the two countries are talking tough and giving assurances at the same time that the situation will not spiral out of control. Despite assurances, analysts both in China and in the United States are divided over just how bad the situation could get. “Right…
read moreStock markets in Asia and Europe saw declines Tuesday, but did not suffer losses as steep as those Monday in U.S. markets where continued fears about a U.S.-China trade war and a verbal attack on an online retailer by President Donald Trump sent stocks lower. China’s Shanghai Composite Index finished down about 0.84 percent, while…
read moreFirst, the United States imposed a tax on Chinese steel and aluminum. Then, China counterpunched Monday with tariffs on a host of U.S. products, including apples, pork and ginseng. On Wall Street, the stock market buckled on the prospect of an all-out trade war between the world’s two biggest economies. But it hasn’t come to…
read moreWhile President Donald Trump has said illegal immigrants heading toward the United States are trying to take advantage of an Obama-era policy that shields certain people from deportation, the program known as DACA is actually not open to new entrants. At issue is the Deferred Action for Childhood Arrivals program, which the Republican president last…
read moreA record number of women are running for governors’ offices in the U.S. this year. The Center for American Women and Politics said Monday that 40 Democratic or Republican women have filed candidacy papers in 19 states where the deadline has passed. The number is likely to rise because filing remains open in 17 other…
read moreWhen palm oil farmer Isnin Kasno eventually retires, his three children will turn their backs on the family’s small plantation in Malaysia’s southern state of Johor. Like many aging oil palm growers in Southeast Asia, the 58-year-old struggles to make ends meet from his 2 hectares (5 acres), and his adult children have little appetite…
read moreWhile the U.S. federal government is working to detain and deport undocumented immigrants, some U.S. states and cities have started legal funds to defend them, opening up a new front in the conflict over immigration. About 13 jurisdictions have joined a network to expand legal representation for immigrants facing detention and deportation — the ultimate…
read moreThe U.S. Justice Department is challenging the constitutionality of another California law just weeks after suing the state over its so-called sanctuary laws. The department on Monday filed a lawsuit in federal court in California, seeking an injunction against the enforcement of a recently passed state law that effectively blocks the sale or transfer of…
read moreTiger Woods is back in Green Jacket contention and from country club bars to boardrooms, the former world No. 1 is once again the tide lifting all boats in the golfing world. Golf television ratings are trending upward, so are equipment and ball sales while Masters tickets and even tips are experiencing a “Tiger Bump”…
read morePresident Donald Trump won’t let up on Amazon. He’s been assailing the online retailer for days, zeroing in on a “scam” contract with the U.S. Postal Service that’s actually been judged profitable for the post office. Trump’s latest flurry of tweets also slammed Mexico for lax border enforcement, using as his example a caravan of…
read moreU.S. factory activity slowed in March amid shortages of skilled workers and rising capacity constraints, but growth in the manufacturing sector remains underpinned by strong domestic and global economies. The Institute for Supply Management (ISM) survey published Monday also showed a surge in the cost of raw materials and worries among manufacturers about the impact…
read moreU.S. stocks plunged again Monday after President Donald Trump unleashed a new verbal attack on giant online retailer Amazon and China fired its shot at U.S. imports in a developing trade war. The Dow Jones Industrial Average lost 589 points by the close, shedding 1.9 percent. The Standard & Poor’s 500 dropped 2.3 percent while…
read moreThe Trump administration on Monday rejected an Obama-era plan to make automobiles more fuel efficient, opening up a long process to weaken current standards and putting California and the federal government on a collision course over vehicle emissions. Scott Pruitt, administrator of the Environmental Protection Agency, said in a statement that the standards on model…
read moreU.S. President Donald Trump and first lady Melania Trump host the annual Easter Egg Roll Monday on the South Lawn of the White House. People attending the event won their tickets through a public lottery held in February. The White House says the day will be “filled with family activities.” As part of the festivities,…
read moreU.S. President Donald Trump called for tougher immigration laws Sunday, vowing that there would be no deal for DACA recipients. “Border Patrol Agents are not allowed to properly do their job at the Border because of ridiculous liberal (Democrat) laws like Catch & Release,” Trump wrote on Twitter Sunday morning. “Getting more dangerous. “Caravans” coming.…
read morePresident Donald Trump hailed the start of his long-sought U.S.-Mexico border wall this past week, proudly tweeting photos of the “WALL!” Actually, no new work got underway. The photos showed the continuation of an old project to replace 2 miles of existing barrier. And Saturday, he ripped Amazon with a shaky claim that its contract…
read moreThe cries for embattled U.S. Rep. Elizabeth Esty to step down for not protecting female staffers who said they experienced violence, death threats and sexual harassment by her former chief of staff intensified Saturday, with fellow Democrats saying the allegations were shocking and she needed to “do the right thing.” Esty, an outspoken advocate for…
read moreYou may have heard the term “think tank,” which usually refers to a policy or research institute where scholars provide insight and advice on political, social or economic issues. Such institutions have been criticized in the past for their outsized influence on U.S. policy formulation. But there’s new research showing that, compared to previous administrations,…
read moreKentucky’s Republican governor has won an initial round in his court fight over whether he violated free-speech rights by blocking people from his Facebook and Twitter accounts. U.S. District Judge Gregory Van Tatenhove denied plaintiffs’ request for a preliminary injunction to prevent Gov. Matt Bevin from blocking anyone from his social media accounts. The case…
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