Economy

Actor Danny Glover, right, and author Ta-Nehisi Coates, left, testify about reparation for the descendants of slaves during a hearing before the House Judiciary Subcommittee on the Constitution, Civil Rights and Civil Liberties, at the Capitol in Washington, Wednesday, June 19, 2019. (AP Photo/Pablo Martinez Monsivais)
June 19, 2019 - 2:19 pm
WASHINGTON (AP) — The debate over reparations for descendants of slaves catapulted from the campaign trail to Congress on Wednesday with an impassioned plea from actor Danny Glover and others for lawmakers to address compensation for America's blighted heritage of racism and Jim Crow laws. Glover,...
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Peter Tuchman, center, works with fellow traders on the floor of the New York Stock Exchange, Wednesday, June 19, 2019. Investors are in wait-and-see mode hours ahead of a widely anticipated Federal Reserve decision on interest rates. (AP Photo/Richard Drew)
June 19, 2019 - 1:42 pm
U.S. stock indexes moved sideways in afternoon trading Wednesday on Wall Street ahead of a highly anticipated Federal Reserve statement on interest rates. The muted trading follows two days of gains that are driving a June rebound in stocks after a dismal sell-off in May. The broad S&P 500...
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A currency trader talks near the screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won at the foreign exchange dealing room in Seoul, South Korea, Wednesday, June 19, 2019. Asian shares were mostly higher Wednesday on optimism about trade after President Donald Trump said he will talk with the Chinese leader later this month in Japan.(AP Photo/Lee Jin-man)
June 19, 2019 - 7:36 am
TOKYO (AP) — Global markets were mixed Wednesday amid some optimism about U.S.-China trade talks and ahead of an interest rate decision by the U.S. Federal Reserve. The Fed isn't considered ready to announce its first rate cut in more than a decade, but many expect the central bank to signal an...
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President Donald Trump speaks during his re-election kickoff rally at the Amway Center, Tuesday, June 18, 2019, in Orlando, Fla. (AP Photo/Evan Vucci)
June 19, 2019 - 3:06 am
ORLANDO, Fla. (AP) — The Latest on President Donald Trump (all times local): 10:20 p.m. President Donald Trump has kicked off his reelection campaign with a grievance-filled rally that focused more on settling scores than on laying out his agenda for a second term. On Tuesday night in Orlando,...
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June 19, 2019 - 12:13 am
UNITED NATIONS (AP) — Russia and China have blocked the U.N. Security Council committee monitoring sanctions against North Korea from declaring that Pyongyang breached the annual limit for importing refined petroleum products which are key for its economy, two U.N. diplomats said Tuesday. The...
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Trader Neil Catania works on the floor of the New York Stock Exchange, Tuesday, June 18, 2019. Stocks are opening higher on Wall Street following big gains in Europe after the head of the European Central Bank said it was ready to cut interest rates and provide more economic stimulus if necessary. (AP Photo/Richard Drew)
June 18, 2019 - 11:32 pm
TOKYO (AP) — Asian shares were mostly higher Wednesday on optimism about trade after President Donald Trump said he will talk with the Chinese leader later this month in Japan. Japan's benchmark Nikkei 225 added 1.7% to 21,321.17 in early trading. Australia's S&P/ASX 200 rose 1.0% to 6,637.70...
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Senate Majority Leader Mitch McConnell, R-Ky., joined by his GOP leadership team, answers questions on Iran and the withdrawal of acting Defense Secretary Patrick Shanahan, during a news conference at the Capitol in Washington, Tuesday, June 18, 2019. (AP Photo/J. Scott Applewhite)
June 18, 2019 - 7:17 pm
WASHINGTON (AP) — The top Republican and Democrat on a key Senate panel have agreed on a $4.6 billion measure to house and care for immigrant refugees flocking across the U.S.-Mexico border — a long-delayed step toward averting a humanitarian tragedy at overcrowded and inadequate federal facilities...
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FILE - In this April 25, 2019, file photo an address sign for Facebook Way is shown in Menlo Park, Calif. Facebook unveiled a broad plan Tuesday, June 18, to create a new digital currency. (AP Photo/Jeff Chiu, File)
June 18, 2019 - 2:33 pm
NEW YORK (AP) — The Latest on Facebook's new digital currency (all times local): 2:30 p.m. One regulatory expert believes Facebook's new currency will "almost surely" fall under new U.S. regulation adopted in the wake of the 2008 financial crisis. Karen Shaw Petrou, managing partner of Federal...
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June 18, 2019 - 2:19 pm
WASHINGTON (AP) — President Donald Trump said he'll hold trade talks with Chinese President Xi Jinping next week at a summit of nations in Japan. And U.S. and Chinese negotiators will resume talks before the leaders meet. Financial markets greeted the news with relief Tuesday. The Dow Jones...
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German Chancellor Angela Merkel attends a joint news conference with Ukrainian President Volodymyr Zelenskiy after a meeting at the chancellery in Berlin, Germany, Tuesday, June 18, 2019. (AP Photo/Markus Schreiber)
June 18, 2019 - 1:55 pm
BRUSSELS (AP) — A year after the United States pulled out of the Iran nuclear agreement, the pact is at severe risk of collapse and the European Union is caught in the middle, struggling to keep supply lines open to the Islamic Republic's wilting economy under the threat of U.S. sanctions. With few...
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