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European Central Bank President Christine Lagarde addresses European Parliament lawmakers during a monetary dialogue meeting at the European Parliament in Brussels, Thursday, Feb. 6, 2020. (AP Photo/Francisco Seco)

Negative interest rates turn saving, borrowing upside down

Feb. 14, 2020 11:00 AM EST

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...

In this Feb. 4, 2020, photo, Tony Rankins, center in red tie, receives a standing ovation during the State of the Union address to a joint session of Congress on Capitol Hill in Washington. Rankins, a formerly homeless, drug-addicted Army vet, got the standing ovation 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 breaks targeting poor neighborhoods. Rankins, a tradesman who has indeed moved out of his car and into an apartment since landing the job refurbishing a Nashville hotel two years ago, doesn’t work at a site using the tax breaks and never has. (AP Photo/Susan Walsh)

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

Feb. 13, 2020 9:03 PM EST

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...

FILE - In this March 29, 2018 file photo, President Donald Trump poses for members of the media with then White House Communications Director Hope Hicks on her last day before he boards Marine One on the South Lawn of the White House in Washington. Hicks, one of President Donald Trump's most trusted and longest-serving aides, is returning to the White House. Hicks will be serving as counselor to the president, working with presidential son-in-law and senior adviser Jared Kushner.  (AP Photo/Andrew Harnik)

Trump bringing back trusted aide Hope Hicks to White House

Feb. 13, 2020 5:54 PM EST

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

Feb. 11, 2020 5:32 PM EST

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...

In this Saturday, Feb. 8, 2020 photo, workers print U.S. flags using a silkscreen, at the Diba Parcham Khomein factory in Heshmatieh village, a suburb of Khomein city, in central Iran. Workers at a small Iranian factory diligently add all 50 stars and 13 bars to American flags while carefully imprinting the Star of David on those of Israel. That's even as all their work is destined to go up in smoke. This factory serves as a major producer for the American and Israeli flags constantly burned at demonstrations in the Islamic Republic. (AP Photo/Ebrahim Noroozi)

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

Feb. 10, 2020 1:51 AM EST

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

Feb. 10, 2020 12:54 AM EST

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...

From left, Democratic presidential candidates former South Bend Mayor Pete Buttigieg, shakes hands with former Vice President Joe Biden as Sen. Bernie Sanders, I-Vt., watches Friday, Feb. 7, 2020, before the start of a Democratic presidential primary debate hosted by ABC News, Apple News, and WMUR-TV at Saint Anselm College in Manchester, N.H. (AP Photo/Charles Krupa)

Democrats on edge after 2020 election season's ragged launch

Feb. 8, 2020 7:47 PM EST

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...

President Donald Trump delivers his State of the Union address to a joint session of Congress on Capitol Hill in Washington, Tuesday, Feb. 4, 2020, as Vice President Mike Pence ad House Speaker Nancy Pelosi of Calif., listen. (AP Photo/Patrick Semansky)

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

Feb. 8, 2020 8:22 AM EST

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

Feb. 7, 2020 8:31 AM EST
WASHINGTON (AP) — US employers add 225,000 jobs, unemployment rate rises to 3.6% as Americans flood job market.
Speaker of the House Nancy Pelosi, D-Calif., joined at left by AFL-CIO President Richard Trumka, speaks during a news conference about the Protecting the Right to Organize (PRO) Act at the Capitol in Washington, Wednesday, Feb. 5, 2020. (AP Photo/J. Scott Applewhite)

House passes bill easing bids by workers to form unions

Feb. 6, 2020 9:12 PM EST

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...