Economy

FILE - In this Sept. 18, 2019 file photo California Attorney General Xavier Becerra, right, flanked by Gov. Gavin Newsom, discusses the Trump administration's pledge to revoke California's authority to set vehicle emissions standards that are different than the federal standards, during a news conference in Sacramento, Calif. Twenty-three states have sued to stop the Trump administration from revoking California's authority to set emission standards for cars and trucks. Becerra is leading the lawsuit filed Friday, Sept. 20 along with Newsom and the California Air Resources Board. (AP Photo/Rich Pedroncelli,File)
September 20, 2019 - 5:28 pm
SACRAMENTO, Calif. (AP) — California sued Friday to stop the Trump administration from revoking its authority to set greenhouse gas emission and fuel economy standards for cars and trucks, enlisting help from 22 other states in a battle that will shape a key component of the nation's climate policy...
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FILE - In this Sept. 16, 2019, file photo Gordon Charlop, center, and Christian Bader work at the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, Sept. 20. (AP Photo/Mark Lennihan, File)
September 20, 2019 - 3:51 pm
Stocks veered lower on Wall Street in afternoon trading Friday after reports that a Chinese delegation has cut short a visit to the U.S. fueled speculation that upcoming talks aimed at resolving the costly trade war between Washington and Beijing are in trouble. The selling, which erased modest...
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FILE - In this Jan. 21, 2016. file photo vehicles drive through downtown Flint, Mich. Picketing auto workers have surrounded the massive General Motors complex for nearly a week in Flint, the automaker's birthplace. Picketing auto workers have surrounded the massive General Motors complex for nearly a week of Friday, Sept. 20, in Flint, the automaker’s birthplace. The city and many workers have been here before: A 54-day strike at a Flint plant in 1998 forced a companywide shutdown. (AP Photo/Paul Sancya, File)
September 20, 2019 - 2:39 pm
FLINT, Mich. (AP) — The birthplace of General Motors has been on an economic roller-coaster ride for more than a century as the automaker rose, crashed and retooled for changing markets. Now, the city of Flint is again steeling for economic impact amid a nationwide United Auto Workers' strike...
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Nurse Cindy Rodriguez shouts during a one-day strike outside of Palmetto General Hospital, Friday, Sept. 20, 2019, in Hialeah, Fla. Registered nurses staged a one-day strike against Tenet Health hospitals in Florida, California and Arizona on Friday, demanding higher wages and better working conditions. (AP Photo/Lynne Sladky)
September 20, 2019 - 2:36 pm
HIALEAH, Fla. (AP) — Registered nurses staged a one-day strike against Tenet Health hospitals in Florida, California and Arizona on Friday, demanding better working conditions and higher wages as the nation's labor movement has begun flexing muscles weakened by decades of declining membership amid...
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President Donald Trump and Australian Prime Minister Scott Morrison arrive for a news conference in the East Room of the White House in Washington, Friday, Sept. 20, 2019. (AP Photo/Susan Walsh)
September 20, 2019 - 1:46 pm
WASHINGTON (AP) — As China and the U.S. near a new round of trade talks, President Donald Trump said Friday he doesn't feel he needs to secure an agreement before next year's election. Trump told reporters he wants a complete deal with China and won't accept one that only addresses some of the...
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September 20, 2019 - 12:26 pm
WASHINGTON (AP) — Two Federal Reserve officials who dissented from this week's quarter-point rate cut on Friday highlighted the current deep divisions at the central bank. Eric Rosengren, head of the Fed's Boston regional bank and one of two officials who opposed the rate cut, said Friday that the...
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In this Thursday, Sept. 19, 2019, photo, a man holding a cup of coffee monitors the stock prices at a brokerage house in Beijing. Asian shares were mostly higher on Friday, Sept. 20, 2019 after a lackluster session on Wall Street, as investors shifted their focus to China-U.S. trade talks after a busy week of central bank news. (AP Photo/Andy Wong)
September 20, 2019 - 4:11 am
BANGKOK (AP) — World shares were mixed on Friday, while India's benchmark jumped more than 5% after the government announced plans to cut corporate taxes. Germany's DAX fell 0.1% to 12,440.12 and the CAC 40 in France lost 2.9 points to 5,656.24. Britain's FTSE 100 gave up 0.3% to 7,334.05. Wall...
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Speaker of the House Nancy Pelosi, D-Calif., arrives for a closed-door meeting with the House Democratic Caucus, Wednesday, Sept. 18, 2019, at the Capitol in Washington. (AP Photo/J. Scott Applewhite)
September 19, 2019 - 4:05 pm
WASHINGTON (AP) — House Speaker Nancy Pelosi, trying to seize the agenda on a leading consumer issue, announced an ambitious prescription drug plan Thursday that would allow Medicare to negotiate prices for seniors and younger people. The proposal would direct Medicare to bargain over as many as...
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FILE - In this Aug. 16, 2019, file photo an under contract sign is displayed along Park Avenue in Richmond, Va. On Thursday, Sept. 19, the National Association of Realtors reports on sales of existing homes in August. (AP Photo/Steve Helber, File)
September 19, 2019 - 10:05 am
WASHINGTON (AP) — U.S. home sales rose 1.3% in August to the highest level in 17 months, as mortgage rates near historic lows have spurred a rush of home-buying. The National Association of Realtors said Thursday that homes sold last month at a seasonally adjusted annualized rate of 5.49 million...
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Britain's Prime Minister Boris Johnson meets with Military Service Chiefs at Downing Street in London, Thursday Sept. 19, 2019. (Henry Nicholls/Pool via AP)
September 19, 2019 - 8:10 am
LONDON (AP) — The Bank of England kept its main interest rate unchanged at 0.75% Thursday, its last scheduled interest rate decision before Britain is due to leave the European Union. In a statement, the bank said all nine of its rate-setters voted to keep rates unchanged and warned that prolonged...
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