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.
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.
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."
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.