Latest Economy News

French yellow vests protest despite Macron's outreach

Jan. 19, 2019 11:09 AM EST

PARIS (AP) — Thousands of yellow vest protesters rallied Saturday in several French cities for a 10th consecutive weekend, despite a national debate launched this week by President Emmanuel Macron aimed at assuaging their anger. In Paris, protesters started their march at the Invalides monument in Paris,...

New rental tax worries some shore renters, homeowners

Jan. 19, 2019 10:42 AM EST

TRENTON, N.J. (AP) — A new tax in New Jersey on short-term lodging such as Airbnb rentals is rattling some property owners and renters who worry that it could deal a blow to the state's multi-billion dollar shore tourism industry by pushing people to consider other destinations. Democratic Gov. Phil Murphy...

AP FACT CHECK: Trump's twists on Russia, shutdown, vets

Jan. 19, 2019 9:56 AM EST

WASHINGTON (AP) — It was a week of half-truths, changed stories and outright fabrications in President Donald Trump's Washington. Trump assailed Democratic House Speaker Nancy Pelosi, D-Calif., for playing on the beach in Puerto Rico, though she never went. His vice president echoed Trump's declaration of...

Los Angeles teachers' strike shows Garcetti risks in '20 bid

Jan. 19, 2019 8:59 AM EST

LOS ANGELES (AP) — A Los Angeles teachers' strike that sent thousands of shouting educators into downtown streets, paralyzing traffic during a rainstorm and leaving a half-million students in uncertainty, isn't the kind of publicity Mayor Eric Garcetti needed for his potential presidential campaign. The...

Pacific Rim trade bloc meets in Tokyo, prepping for growth

Jan. 19, 2019 3:58 AM EST

TOKYO (AP) — Representatives from a Pacific Rim trade bloc geared up to roll out and expand the market-opening initiative as they met Saturday in Tokyo, reaffirming their commitment to open and free trade and inviting new membership. The Pacific Rim free trade agreement, rejected by President Donald Trump...

The shutdown today: Trump plans major announcement

Jan. 19, 2019 1:27 AM EST

What's up with the partial government shutdown on Day 29: WHAT'S NEW President Donald Trump said he'll be making a "major announcement" on the government shutdown and the southern border on Saturday afternoon as the standstill over his border wall continues into its fifth week. The White House declined to provide...

The Latest: Democrats offer more money for border security

Jan. 18, 2019 11:49 PM EST

WASHINGTON (AP) — The Latest on the partial government shutdown (all times local): 11:50 p.m. Democrats are adding hundreds of millions of dollars to improve ports of entry from Mexico and hire more immigration judges to a batch of spending bills the House will consider next week. The move represents the...

Governors: Let states give unemployment to federal workers

Jan. 18, 2019 11:03 PM EST

LANSING, Mich. (AP) — The Democratic governors of Michigan, New York and Washington on Friday asked the Trump administration to let states offer unemployment benefits to federal employees who are working without pay during the partial government shutdown that began nearly a month ago. Govs. Gretchen...

Travel industry fears damage from a long government shutdown

Jan. 18, 2019 6:56 PM EST

America's busiest airport, Atlanta's Hartsfield-Jackson International, is a blur of activity on the best of days. But an extra layer of anxiety gripped the airport Friday, the eve of a three-day holiday weekend. The partial government shutdown — the longest ever — has thinned the ranks of federal...

Stocks keep climbing as hopes for US-China trade deal rise

Jan. 18, 2019 5:06 PM EST

NEW YORK (AP) — Stocks in the U.S. and Europe jumped Friday as renewed hopes for progress in trade talks between the U.S. and China helped the markets finish the week with another strong gain. Indexes jumped after Bloomberg News reported that China's government offered to buy more goods and services from...