Latest Economy News

Trump and Abe tee off amid US-Japan trade tensions

May. 25, 2019 9:42 PM EDT

MOBARA, Japan (AP) — Golf never seems to be far behind whenever President Donald Trump and Japanese Prime Minister Shinzo Abe get together. So on Sunday, during a four-day state visit to Japan, the president jumped aboard Marine One in Tokyo and flew south to the Mobara Country Club for a steamy morning...

The Latest: Abe drives Trump around golf course near Tokyo

May. 25, 2019 8:51 PM EDT

TOKYO (AP) — The Latest on President Donald Trump's trip to Japan (all times local): 9:45 a.m. Japanese Prime Minister Shinzo Abe drove President Donald Trump around the Mobara Country Club in a golf cart as they met to play another round. Trump arrived at the course, which is located south of Tokyo, via...

Oregon Senator Jeff Merkley proposes wilderness protections

May. 25, 2019 4:51 PM EDT

SALEM, Ore. (AP) — Oregon Senator Jeff Merkley is taking another swing at adding wilderness protections to a large mountain above the Painted Hills near Mitchell in Eastern Oregon. The Statesman Journal reports the bill, introduced last week, would establish 58,000 acres of wilderness on Sutton Mountain...

The Latest: Trump, in Japan, needles US ally over trade

May. 25, 2019 4:38 PM EDT

TOKYO (AP) — The Latest on President Donald Trump's state visit to Japan. (all times local): 12:30 a.m. Sunday President Donald Trump has begun a state visit to Japan by needling the American ally over its trade imbalance with the United States. He jokingly tells business leaders at a reception in Tokyo:...

Blue Ridge Parkway visitors had $1.3B impact last year

May. 25, 2019 3:53 PM EDT

ROANOKE, Va. (AP) — Visitors to Virginia's scenic Blue Ridge Parkway had an estimated $1.3 billion economic impact last year in the park's various communities. The National Park Service's annual survey gauged the impact of visitor spending in the Virginia prize as well in as the other U.S. parks. The...

Florida governor, Cabinet begin trade mission in Israel

May. 25, 2019 3:06 PM EDT

TALLAHASSEE, Fla. (AP) — Republican Florida Gov. Ron DeSantis was on his way to Israel Saturday with a delegation of close to 100 people, a trip that will include a ceremonial meeting with the independently elected Cabinet. The agenda DeSantis' office released ahead of the trip was vague on details,...

AP FACT CHECK: Trump and a tale of 2 sheets of paper

May. 25, 2019 1:27 PM EDT

WASHINGTON (AP) — President Donald Trump held up and read from a sheet of paper in the Rose Garden this past week as he argued he's been hounded by investigators in the Russia probe for no reason. "Nearly 500 search warrants," says the page, from an ABC News graphic. "More than 2,500 subpoenas." And: "19...

Trump opens state visit, needles Japan over trade issues

May. 25, 2019 11:40 AM EDT

TOKYO (AP) — President Donald Trump opened a state visit to Japan on Saturday by needling the American ally over its trade imbalance with the United States. "Maybe that's why you like me so much," he joshed. Trump also promoted the U.S. under his leadership, saying "there's never been a better time" to...

Fishermen face another quota cut, could hit lobster prices

May. 25, 2019 11:15 AM EDT

PORTLAND, Maine (AP) — Fishermen already dealing with a dramatic reduction in the amount of a key bait fish they are allowed to harvest will likely face an additional cut next year that could drive up the price of lobster for consumers. Regulators on the East Coast are contending with a drop in the...

2020 candidate Klobuchar releases plan to help US farmers

May. 25, 2019 9:40 AM EDT

Democratic presidential candidate Amy Klobuchar (KLOH'-buh-shar) has come out with a plan to help farmers that includes raising the debt limit on farm bankruptcies and increasing access to government loan programs. The Minnesota senator is promoting the proposals during a weekend visit to Iowa. Low commodity...