Latest Economy News

Chinese leader visits Monaco amid European 5G tech worries

Mar. 24, 2019 2:45 PM EDT

MONACO (AP) — Chinese President Xi Jinping has found one country in Europe that isn't worried about China's growing global clout or its ambitions to dominate the future of technology: Monaco. Xi visited the tiny Mediterranean principality Sunday as part of a European tour that is clouded by mixed feelings...

Shoals residents brainstorm ways to spur region's economy

Mar. 24, 2019 9:36 AM EDT

FLORENCE, Ala. (AP) — Creating high-tech jobs and attracting millennials are among the ideas emerging in discussions about how to spur economic development in the Shoals region of Alabama. The TimesDaily reports that some of the discussion at a recent forum involved a desire for better-paying jobs. A group...

Campaign roundup: Indiana mayor talks marriage, millennials

Mar. 24, 2019 12:23 AM EDT

COLUMBIA, S.C. (AP) — Democratic presidential hopeful Pete Buttigieg told voters Saturday that his marriage to his husband exists "by the grace of a single vote on the U.S. Supreme Court." The South Bend, Indiana, mayor visited South Carolina for the first time since announcing his presidential exploratory...

French yellow vest protests in Paris avoid last week's riots

Mar. 23, 2019 7:39 PM EDT

PARIS (AP) — Scattered yellow vest protesters clashed with French police firing tear gas Saturday after a peaceful march through Paris, but tougher security measures and protest bans in high-risk neighborhoods prevented the kind of rioting that devastated the capital a week ago. The 4-month-old movement...

Lawmakers: Medicaid expansion can't happen without funding

Mar. 23, 2019 3:07 PM EDT

MONTGOMERY, Ala. (AP) — Some Republican leaders in Montgomery might have cracked open the door to Medicaid expansion in Alabama, but also say it won't become a reality unless a funding source can be identified. Republican Gov. Kay Ivey agreed to have discussions with Democrats about expansion and other...

Kamala Harris calls for federal investment on teacher pay

Mar. 23, 2019 2:43 PM EDT

WASHINGTON (AP) — Democratic presidential candidate Kamala Harris on Saturday called for a significant federal investment in teacher pay, the first policy proposal that she has put forth since officially launching her 2020 campaign. At a rally in Houston, Harris argued that the U.S. faces a teacher pay...

US to host Chinese trade delegation starting April 3

Mar. 23, 2019 2:22 PM EDT

WEST PALM BEACH, Fla. (AP) — The U.S. will host a delegation from China led by Vice Premier Liu He early next month, following a trip by U.S. officials to China in an effort to improve trade relations, the White House said Saturday. White House press secretary Sarah Sanders said President Donald Trump is...

Italy, China sign accord deepening economic ties

Mar. 23, 2019 1:33 PM EDT

ROME (AP) — Italy signed a memorandum of understanding with China on Saturday supporting Beijing's "Belt and Road" initiative, which aims to weave a network of ports, bridges and power plants linking China with Africa, Europe and beyond. With the move, Italy becomes the first member of the Group of Seven...

Colorado man guilty of $7.2M renewable energy tax scam

Mar. 23, 2019 1:03 PM EDT

DENVER (AP) — A Colorado man has pleaded guilty to charges stemming from a scheme in which he and others filed false claims for tax credits under a federal program that encourages production and use of renewable energy. The Denver Post reports that Matthew Taylor pleaded guilty Friday in federal court in...

North Dakota lawmakers mull bill to keep rents affordable

Mar. 23, 2019 11:57 AM EDT

MINOT, N.D. (AP) — North Dakota lawmakers are considering a measure that would provide more funds to a program that uses subsidies to increase housing availability and keep rents affordable. The Housing Incentive Fund was created in 2011 to help retain essential service workers who could no longer afford...