Negative interest rates turn saving, borrowing upside down

FRANKFURT, Germany (AP) — Imagine a mortgage that pays you the interest, not the other way around. Or a savings account where it's the bank, not the saver, who collects interest. Welcome to the upside-down world of ultra-low and negative interest rates that is taking hold in many parts of the world where...

Trump's story about veteran's comeback was not quite true

NEW YORK (AP) — Tony Rankins, a formerly homeless, drug-addicted Army veteran, got a standing ovation at the State of the Union after President Donald Trump described how he turned his life around thanks to a construction job at a company using the administration's “Opportunity Zone” tax...

Trump bringing back trusted aide Hope Hicks to White House

WASHINGTON (AP) — Hope Hicks, one of President Donald Trump's most trusted and longest-serving aides, is returning to the White House as the president works to surround himself with loyalists as his reelection campaign moves into high gear. Hicks, a former White House communications director who was one of...

Executive: Kentucky aluminum plant project still needs $500M

FRANKFORT, Ky. (AP) — A company that promised a $1.7 billion aluminum plant in Appalachia still needs a $500 million cash infusion to do the job, the new CEO told Kentucky lawmakers Tuesday, following a corporate management shakeup. Braidy Industries officials appeared before the Senate Appropriations and...

Fire sale: An Iran plant makes the US flags protesters burn

KHOMEIN, Iran (AP) — Near the hometown of the late Ayatollah Ruhollah Khomeini, workers at a small Iranian factory diligently add all 50 stars and 13 red-and-white bars to what are supposed to be U.S. flags, and carefully imprint the blue Star of David on Israeli ones. That's even as all their work is...

AP FACT CHECK: Trump hypes 'comeback,' impeachment acquittal

WASHINGTON (AP) — President Donald Trump says the world is witnessing a great American economic revival that he brought on by reversing course from the Obama years. Yet the economy is not so different from the robust one he inherited and disparages at every turn. Trump's State of the Union speech came...

Democrats on edge after 2020 election season's ragged launch

CONCORD, N.H. (AP) — For Democrats, this was supposed be a moment to begin easing three years of built-up of anxieties. Instead, the launch of the 2020 presidential primary has left the party deeply unsettled and President Donald Trump gleeful about the chaos. Party leaders are on edge over embarrassing...

AP FACT CHECK: Trump, Dems and the state of disunion

WASHINGTON (AP) — President Donald Trump says the world is witnessing a great American economic revival that he brought on by reversing course from the Obama years. Yet the economy is not so different from the robust one he inherited and disparages at every turn. Trump's State of the Union speech came...

US employers add 225,000 jobs, unemployment rate rises to 3.6% as Americans flood job market

House passes bill easing bids by workers to form unions

WASHINGTON (AP) — In a move that supporters said would help working families, the Democratic-controlled House has approved a bill that would make it easier for workers to form unions and bargain for higher wages, better benefits and improved working conditions. The “Protecting the Right to...