Latest Financial crisis News

President Donald Trump prepares to sign four executive orders during a news conference at the Trump National Golf Club in Bedminster, N.J., Saturday, Aug. 8, 2020. Seizing the power of his podium and his pen, Trump on Saturday moved to bypass the nation's elected lawmakers as he claimed the authority to defer payroll taxes and extend an expired unemployment benefit after negotiations with Congress on a new coronavirus rescue package collapsed.(AP Photo/Susan Walsh)

Trump end run around Congress raises questions on his claims

Aug. 9, 2020 5:33 PM EDT

BRIDGEWATER, N.J. (AP) — President Donald Trump’s end run around Congress on coronavirus relief is raising questions about whether it would give Americans the economic lifeline he claims and appears certain to face legal challenges. Democrats called it a pre-election ploy that would burden...

President Donald Trump speaks during a news conference at the Trump National Golf Club in Bedminster, N.J., Saturday, Aug. 8, 2020. (AP Photo/Susan Walsh)

Trump allows some unemployment pay, defers payroll tax

Aug. 8, 2020 11:24 PM EDT

BEDMINSTER, N.J. (AP) — President Donald Trump on Saturday bypassed the nation's lawmakers as he claimed the authority to defer payroll taxes and replace an expired unemployment benefit with a lower amount after negotiations with Congress on a new coronavirus rescue package collapsed. Trump's orders...

Thousands protest against Israel's Prime Minister Benjamin Netanyahu in front of his official residence in Jerusalem, Saturday, Aug. 8, 2020.  (AP Photo/Ariel Schalit)

Thousands throng central Jerusalem in anti-Netanyahu protest

Aug. 8, 2020 5:04 PM EDT

JERUSALEM (AP) — Thousands of demonstrators thronged the streets near the official residence of Prime Minister Benjamin Netanyahu in central Jerusalem on Saturday night, in a renewed show of strength as weeks of protests against the Israeli leader showed no signs of slowing. Throughout the summer,...

People clash with police during a protest against the political elites and the government after this week's deadly explosion at Beirut port which devastated large parts of the capital and killed more than 150 people, in Beirut, Lebanon, Saturday, Aug. 8, 2020. (AP Photo/Felipe Dana)

Fury over Beirut blast fuels protests, clashes with police

Aug. 8, 2020 3:57 PM EDT

BEIRUT (AP) — Public fury over this week’s massive explosion in Beirut took a new turn Saturday night as protesters stormed government institutions and clashed for hours with security forces, who responded with heavy volleys of tear gas and rubber bullets. One police officer was killed and dozens...

French President Emmanuel Macron waves as he visits Beirut, Lebanon, Thursday Aug.6, 2020. French President Emmanuel Macron has arrived in Beirut to offer French support to Lebanon after the deadly port blast.(AP Photo/Thibault Camus, Pool)

Is France helping Lebanon, or trying to reconquer it?

Aug. 8, 2020 1:03 PM EDT

PARIS (AP) — It was almost as if Emmanuel Macron forgot that Lebanon is no longer a French protectorate. Visiting explosion-ravaged Beirut this week, France’s leader comforted distraught crowds, promised to rebuild the city and claimed that the blast pierced France’s own heart. “France...

Desks are spaced out in a classroom at Aikahi Elementary School in Kailua, Hawaii on Tuesday, July 28, 2020. While Hawaii has one of the lowest rates of cases per capita in the country and many of its schools have open-air campuses, the challenges of returning kids full time to classrooms may still be insurmountable. (AP Photo/Jennifer Sinco Kelleher)

The Latest: Hawaii schools to open year with remote learning

Aug. 7, 2020 10:21 PM EDT

HONOLULU — Hawaii officials say the state’s public school students will begin the academic year with remote learning only, after a spike of coronavirus cases. Gov. David Ige said Friday that all public students will spend the first four weeks of the school year learning online from home. Officials...

People walk by damaged buildings at a neighborhood near the scene of Tuesday's explosion that hit the seaport of Beirut, Lebanon, Friday, Aug. 7, 2020. Rescue teams were still searching the rubble of Beirut's port for bodies on Friday, nearly three days after a massive explosion sent a wave of destruction through Lebanon's capital, killing over a hundred people and wounding thousands. (AP Photo/Felipe Dana)

Officials long warned of explosive chemicals at Beirut port

Aug. 7, 2020 8:26 PM EDT

BEIRUT (AP) — At least 10 times over the past six years, authorities from Lebanon’s customs, military, security agencies and judiciary raised alarm that a massive stockpile of explosive chemicals was being kept with almost no safeguard at the port in the heart of Beirut, newly surfaced documents...

A dog of the French rescue team searches for survivors at the scene of this week's massive explosion in the port of Beirut, Lebanon, Friday, Aug. 7, 2020. Three days after a massive explosion rocked Beirut, killing over a hundred people and causing widespread devastation, rescuers are still searching for survivors and the government is investigating what caused the disaster. (AP Photo/Thibault Camus)

The Latest: Trump says US help on way for Beirut disaster

Aug. 7, 2020 7:25 PM EDT

BEIRUT (AP) — The latest on the explosion in Beirut (all times local): 2:20 a.m. President Donald Trump has spoken about the explosion in Beirut during calls with Lebanese President Michel Aoun and French President Emmanuel Macron. Trump said Friday that he told Aoun that three large aircraft filled with...

South African police fire rubber bullets at Zimbabwe protest

Aug. 7, 2020 7:48 AM EDT

JOHANNESBURG (AP) — South African police on Friday used stun grenades and rubber bullets to disperse activists who staged a protest at Zimbabwe's embassy in the capital, Pretoria. Just over 100 protesters, mostly Zimbabweans living in South Africa, gathered to protest police brutality, arrests of...

President Donald Trump speaks during an event at the Whirlpool Corporation facility in Clyde, Ohio, Thursday, Aug. 6, 2020. (AP Photo/Susan Walsh)

Trump targets Canada, reimposing tariffs on aluminum

Aug. 6, 2020 8:07 PM EDT

WASHINGTON (AP) — President Donald Trump said Thursday that the United States is reinstating a 10% import tax on Canadian aluminum, raising tensions with an American ally just weeks after his trade pact with Canada and Mexico took effect. Canada quickly vowed to respond in kind. Trump originally imposed...