Government business and finance

European Commissioner for Trade Cecilia Malmstrom speaks during a media conference after an informal lunch of EU trade ministers at the Europa building in Brussels, Tuesday, Oct. 1, 2019. The World Trade Organization ruled in May that Europe illegally subsidized Airbus, hurting U.S. competitor Boeing. The WTO is set shortly to allow President Donald Trump to slap tariffs worth billions of euros on European products, including wine, cheese and olives, in response. (AP Photo/Virginia Mayo)
October 02, 2019 - 7:29 am
BRUSSELS (AP) — The European Union is appealing to U.S. President Donald Trump to avoid any tit-for-tat tariff war as world trade's governing body prepares to issue a ruling that could allow him to impose billions in duties on EU produce. The World Trade Organization ruled in May that Europe...
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FILE - In this Sept. 9, 2010, file photo, a massive fire roars through a neighborhood in San Bruno, Calif. U.S. transportation officials have finalized long-delayed measures meant to prevent pipeline spills and deadly gas explosions but don't address recommended steps to lessen accidents once they occur. They had been in the works for almost a decade following a massive gas explosion in San Bruno. (AP Photo/Paul Sakuma, File)
October 01, 2019 - 7:35 pm
BILLINGS, Mont. (AP) — U.S. transportation officials on Tuesday adopted long-delayed measures that are meant to prevent pipeline spills and deadly gas explosions but don't address recommended steps to lessen accidents once they occur. The new rules from the Department of Transportation apply to...
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October 01, 2019 - 4:15 pm
NEW YORK (AP) — A federal judge in New York has ruled that the 2017 federal tax overhaul's cap on state and local tax deductions was not an "unconstitutional assault" on the sovereignty of high-tax Democratic-leaning states. Judge J. Paul Oetken dismissed a challenge on Monday to the Republican-led...
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FILE - In this Sept. 18, 2019, file photo stock prices are displayed at the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Tuesday, Oct. 1. (AP Photo/Mark Lennihan, File)
October 01, 2019 - 2:53 pm
NEW YORK (AP) — U.S. stocks sank to their worst loss in five weeks on Tuesday after a surprisingly limp report on the nation's manufacturing stirred worries about the economy's strength. The report showed that manufacturing weakened in September for the second straight month as President Donald...
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A motorway overhead matrix sign on the M3 motorway warms motorists about possible changes to EU freight papers, near Camberley, south-east England, Monday Sept. 30, 2019. Uncertainty persists over Britain's Brexit split from the European Union bloc, although Britain's Prime Minister Boris Johnson has vowed that Britain will leave on the scheduled date of Oct. 31, with or without a deal. (Steve Parsons/PA via AP)
October 01, 2019 - 7:38 am
MANCHESTER, England (AP) — British Prime Minister Boris Johnson confirmed Tuesday that Britain will make firm proposals for a new divorce deal with the European Union within days, saying "this is the moment when the rubber hits the road." Britain is due to leave the 28-nation bloc at the end of...
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Clouds pass over the European Central Bank building, center, in Frankfurt, Germany, early Saturday, Sept. 28, 2019. (AP Photo/Michael Probst)
October 01, 2019 - 6:17 am
BRUSSELS (AP) — Inflation in the 19-country eurozone weakened in September, slipping farther from the European Central Bank's goal and underlining President Mario Draghi's arguments for a recent stimulus package. Statistics agency Eurostat said Tuesday that the annual inflation rate eased to 0.9%...
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In this Sept. 30, 2019, photo, a signboard says "Consumption tax hike, 8 percent to 10 percent", at a mass home electronics retailer in Tokyo. Japan has raised consumption tax to 10 percent from 8 percent, amid concerns that it could sink the Japanese economy though government officials say ample measures are taken to minimize the impact. (Shinji Kita/Kyodo News via AP)
October 01, 2019 - 4:14 am
TOKYO (AP) — Japan raised its national sales tax to 10% from 8% on Tuesday, risking short-term pain for the sake of the country's future financial stability as it copes with a fast aging and shrinking population. Previous tax increases, a 2-point increase to 5% in 1997 and another to 8% in 2014,...
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September 30, 2019 - 10:23 pm
RICHMOND, Va. (AP) — A federal judge on Monday upheld a Virginia law requiring women to undergo an ultrasound and wait at least 24 hours before having an abortion, as well as the state's "physician-only law" barring nurse practitioners and physician's assistants from performing abortions. The...
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FILE - In this March 21, 2013, file photo, an athlete jumps near the NCAA logo during practice for a second-round game of the NCAA college basketball tournament in Austin, Texas. Defying the NCAA, California's governor signed a first-in-the-nation law Monday, Sept. 30, that will let college athletes hire agents and make money from endorsements — a move that could upend amateur sports in the U.S. and trigger a legal challenge. (AP Photo/Eric Gay, File)
September 30, 2019 - 5:45 pm
The NCAA and the billion-dollar enterprise that is big-time college sports have been facing targeted attacks on amateurism rules for more than a decade. Each one threatened to bring down the governing body and fundamentally change college sports forever. The NCAA has lost court cases, made...
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FILE - In this Sept. 18, 2019, photo stock prices are displayed at the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Monday, Sept. 30. (AP Photo/Mark Lennihan, File)
September 30, 2019 - 4:39 pm
NEW YORK (AP) — U.S. stocks climbed on Monday and gave one last nudge to ensure the S&P 500 emerges from yet another tumultuous quarter with a modest gain. As has been the case throughout the quarter, movements in President Donald Trump's trade war with China helped drive the market on Monday...
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