Economy

FILE - In a Thursday, July 19, 2018 file photo, Ivanka Trump, the daughter of President Donald Trump, applauds during a signing ceremony where President Donald Trump signed an Executive Order that establishes a National Council for the American Worker in the East Room of the White House, in Washington. Ivanka Trump’s clothing company is shutting down and all its employees are being laid off, according to news reports. The New York Post is reporting that its sources say the company “will be shuttered ‘ASAP’ and that staff have been informed that they’re being laid off.”(AP Photo/Andrew Harnik, File)
July 24, 2018 - 9:05 pm
NEW YORK (AP) — Ivanka Trump is shutting down her fashion line of dresses, shoes and handbags that became a target of political boycotts and spurred concerns about conflicts of interest after her father was elected. The president's daughter said in a statement she made the decision so she could...
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President Donald Trump greets supporters after arriving at the Kansas City International Airport to attend the national convention of the Veterans of Foreign Wars, Tuesday, July 24, 2018, in Kansas City, Mo. (AP Photo/Evan Vucci)
July 24, 2018 - 8:27 pm
WASHINGTON (AP) — The Trump administration announced Tuesday it will provide $12 billion in emergency relief to ease the pain of American farmers slammed by President Donald Trump's escalating trade disputes with China and other countries. However, some farm-state Republicans quickly dismissed the...
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House Speaker Paul Ryan of Wis., leaves a news conference following a GOP caucus meeting, Tuesday, July 24, 2018, on Capitol Hill in Washington. (AP Photo/Jacquelyn Martin)
July 24, 2018 - 8:27 pm
WASHINGTON (AP) — The Latest on President Trump and trade all times local): 8:15 p.m. President Donald Trump says he'll propose to European officials on Wednesday that both sides drop all tariffs, barriers and subsidies. Trump has floated the idea in the past, but he tweeted Tuesday night that he...
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FILE - In this July 11, 2018, file photo, Environmental Protection Agency (EPA) Acting Administrator Andrew Wheeler speaks to EPA staff at EPA Headquarters in Washington. Wheeler says there should be a single national standard for fuel efficiency for cars and trucks, speaking out as a showdown looms with California that could throw the car market into turmoil. (AP Photo/Jacquelyn Martin, File)
July 24, 2018 - 7:38 pm
WASHINGTON (AP) — The acting head of the Environmental Protection Agency said Tuesday that the United States needs a single standard for fuel efficiency for cars and trucks, signaling a possible showdown with California and other states that could throw the car market into turmoil. Andrew Wheeler...
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House Speaker Paul Ryan of Wis., center, jokes with House Majority Leader Kevin McCarthy of Calif., left, during a news conference following a GOP caucus meeting, Tuesday, July 24, 2018, on Capitol Hill in Washington. At right is Rep. French Hill, R-Arkansas. (AP Photo/Jacquelyn Martin)
July 24, 2018 - 4:15 pm
WASHINGTON (AP) — House Republicans have launched an effort to expand the massive tax law they muscled through Congress last year, aiming to make permanent the individual tax cuts and small-business income deductions now set to expire in 2026. The pre-midterm elections push, which clicked into gear...
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Trader Gordon Charlop works on the floor of the New York Stock Exchange, Tuesday, July 24, 2018. Stocks are opening broadly higher on Wall Street as investors were pleased to see strong earnings reports from a number of U.S. companies. (AP Photo/Richard Drew)
July 24, 2018 - 3:28 pm
U.S. stock indexes were mostly higher Tuesday afternoon after paring some of their gains from earlier in the day. Gains in health care and technology companies outweighed losses by consumer goods manufacturers, utilities and other sectors. Small-company stocks were down more than the rest of the...
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Chinese President Xi Jinping, center, inspects the honour guard during an official welcoming ceremony at the government's Union Buildings in Pretoria, South Africa, Tuesday, July 24, 2018. Jinping is in the country to attend the three-day BRICS Summit starting Wednesday in Johannesburg. (AP Photo/Themba Hadebe)
July 24, 2018 - 9:21 am
JOHANNESBURG (AP) — Russian President Vladimir Putin, Chinese President Xi Jinping and other leaders of the BRICS emerging economies are gathering in South Africa for a summit likely to feature criticism of U.S. President Donald Trump's wave of tariffs on foreign goods. The tariffs, and tit-for-tat...
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Investors walk in front of trading boards at a private stock market gallery in Kuala Lumpur, Tuesday, July 24, 2018. Asian markets rose on Tuesday as better-than-expected U.S. corporate earnings and the lack of bad news on trade tensions encouraged investors. (AP Photo/Vincent Thian)
July 24, 2018 - 2:54 am
SINGAPORE (AP) — Asian markets rose on Tuesday, led by better-than-expected U.S. corporate earnings and a lack of bad news on trade tensions. KEEPING SCORE: Japan's Nikkei 225 gained 0.5 percent to 22,510.48. South Korea's Kospi added 0.5 percent to 2,280.20. Hong Kong's Hang Seng jumped 1.5...
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Australia Foreign Affairs Minister Julie Bishop, left, shakes hands with U.S. Secretary of State Mike Pompeo while posing for photos for the 2018 Australia-U.S. Ministerial (AUSMIN) Consultations in Stanford, Calif., Monday, July 23, 2018. (AP Photo/Jeff Chiu)
July 24, 2018 - 2:48 am
PALO ALTO, Calif. (AP) — U.S. talks with North Korea and trade tensions with China were among the topics U.S. Secretary of State Mike Pompeo and U.S. Secretary of Defense James Mattis were expected to discuss with their Australian counterparts at a two-day meeting in the San Francisco Bay Area...
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© Jack Gruber-USA TODAY NETWORK
July 19, 2018 - 10:18 am
WASHINGTON (AP) — President Donald Trump says the European Union's record $5 billion fine against tech giant Google proves his point that the EU is taking advantage of the U.S. Trump is engaged in a running dispute with the EU over trade. Trump has imposed tariffs on steel and aluminum imports from...
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