AP FACT CHECK: Trump's false claims on fuel economy rules
DETROIT (AP) — President Donald Trump is misrepresenting the facts about his proposal to freeze Obama-era fuel economy requirements at 2021 levels.
Trump signs student debt forgiveness for disabled veterans
LOUISVILLE, Ky. (AP) — Hundreds of millions of dollars in federal student loan debt owed by tens of thousands of disabled military veterans will be erased under a directive President Donald Trump signed Wednesday.
Economic twilight zone: Bonds that charge you for lending
FRANKFURT, Germany (AP) — Imagine lending money to someone and having to pay for the privilege of doing so. Or being asked to invest and informed of how much money you'll lose.
Retailers' results show sharp divide between losers, winners
NEW YORK (AP) — The divide between retail winners and losers is widening. That became even more evident Wednesday with the latest batch of earnings reports: Big-box stores and off-price retailers have been responding faster to shoppers' increasing shift online with expanded deliveries and better merchandise.
Trump flip-flops on tax cuts, citing 'strong economy'
WASHINGTON (AP) — A day after considering cutting taxes to promote economic growth, President Donald Trump on Wednesday changed course and said he would abandon the idea because the nation already had "a strong economy."
Report shows US deficit to exceed $1 trillion next year
WASHINGTON (AP) — The federal budget deficit is expected to balloon to more than $1 trillion in the next fiscal year under the first projections taking into account the big budget deal that President Donald Trump and Congress reached this summer, the Congressional Budget Office reported Wednesday.
Germany's Merkel dangles possibility of negotiated Brexit
BERLIN (AP) — German Chancellor Angela Merkel raised the possibility that a negotiated departure for Britain from the European Union might still be possible even as the clock is ticking on a deal that would satisfy both sides.
Fed officials widely divided on rates at July meeting
WASHINGTON (AP) — Federal Reserve officials were widely divided at their meeting last month when they decided to cut rates for the first time in a decade, with some arguing for a bigger rate cut while others insisted the Fed should not cut rates at all.
US has 501,000 fewer jobs than first reported
WASHINGTON (AP) — The U.S. job market isn't quite as strong as originally believed — with revised figures showing that the economy had 501,000 fewer total jobs this March than initially reported.
Powell may signal future rate cuts, but would they matter?
WASHINGTON (AP) — The economy is slowing, the trade war is raging and the president is repeatedly attacking. Under the glare of a spotlight, Chairman Jerome Powell may signal Friday what the Federal Reserve will do — or can do — to strengthen the economy and restore confidence at a time of nagging uncertainties and global weaknesses.
US home sales rose 2.5% in July, aided by low mortgage rates
WASHINGTON (AP) — U.S. home sales increased 2.5% in July, a sign that lower mortgage rates have produced a spurt of home-buying. The National Association of Realtors said Wednesday homes sold last month at a seasonally adjusted annualized rate of 5.42 million units, up from 5.29 million in June.
France's Macron seeks to be a mediator in G-7 hard times
PARIS (AP) — French President Emmanuel Macron hosts the G-7 summit this weekend fresh off a meeting with Russia's Vladimir Putin, hoping to maintain his image as a global mediator at a time of deep political and economic insecurity in the world and despite President Donald Trump's open disdain for multilateral talks.
China says it will sanction US firms in Taiwan warplane sale
BEIJING (AP) — China said Wednesday that it will levy sanctions against U.S. companies linked to a planned $8 billion sale of advanced F-16V fighter jets to Taiwan in a move that has further strained Sino-American relations.
Target thrives in intense retail environment
NEW YORK (AP) — Target topped expectations in just about any way measureable during the second quarter as it pushed faster delivery for customers and invested heavily in new private label brands.
Beijing appeals to US to 'meet China halfway' on trade
BEIJING (AP) — Beijing appealed to Washington on Wednesday to "meet China halfway" and end a tariff war after President Donald Trump said Americans might need to endure economic pain to achieve longer-term benefits.
Global stocks mostly rise ahead of US Fed release
BEIJING (AP) — Global stock markets were back in positive territory Wednesday as investors looked ahead to a speech by the Federal Reserve chairman for signs of possible plans for more U.S.
In his words: Huawei CEO says company will not be crushed
SHENZHEN, China (AP) — Huawei founder and CEO Ren Zhengfei said that U.S. restrictions on access to technology would not defeat the Chinese telecom equipment maker and that the United States and Australia should hold off on buying Huawei's 5G network gear if they fear it is a security risk.
Iran moves to strike 4 zeroes from its battered currency
TEHRAN, Iran (AP) — Iran's president sent a bill to parliament Wednesday that would cut four zeroes from the value of the Islamic Republic's sanctions-battered currency, the rial, as tensions remain high between Tehran and Washington.
Rust-belt China looks abroad as economy slows, tariffs bite
YINGKOU, China (AP) — From Thailand to Kenya, trains run on tracks from steel mills in China's northeast, a rust-belt region that is trying to capitalize on a multibillion-dollar national initiative to build ports, railways and other projects abroad.
Asian stocks follow Wall Street lower before US Fed release
BEIJING (AP) — Asia stock markets followed Wall Street lower Wednesday as investors looked ahead to a speech by the Federal Reserve chairman for signs of possible plans for more U.S.
'America's Got Talent' continues summer dominance for NBC
NEW YORK (AP) — "America's Got Talent" wasn't content with just the top spot in the Nielsen company's rankings of the most popular television programs last week.
Facebook rolls out tool to block off-Facebook data gathering
SAN FRANCISCO (AP) — Soon, you could get fewer familiar ads following you around the internet — or at least on Facebook. Facebook is launching a long-promised tool that lets you limit what the social network can gather about you on outside websites and apps.
Walmart sues Tesla for solar panels that went up in flames
NEW YORK (AP) — Walmart sued Tesla for "gross negligence" on Tuesday, saying that the electric car company's energy division installed solar panels that went up in flames on its store rooftops.
Monopoly maker Hasbro to cut plastic use in toy packaging
NEW YORK (AP) — Hasbro is giving plastic packaging the boot. The toy maker said Tuesday that all its packaging for new products will be mostly plastic free by the end of 2022.
Trump attacks on Google recycle baseless claims
SAN FRANCISCO (AP) — President Donald Trump has been on a tear about Google that traces back to a series of unfounded claims about the technology giant circulating among conservatives.