Latest Economic policy News

Top US trade official sees progress in helping workers. Voters will decide if her approach continues

Oct. 06, 2024 07:52 AM EDT

WASHINGTON (AP) — As the U.S. trade representative, Katherine Tai is legally required to avoid discussing the presidential election. But her ideas about fair trade are on the ballot in November. Voters are essentially being asked to decide whether it is best to work with the rest...

Stock market today: Oil prices jump again on worries about the Middle East as Wall Street fades

Oct. 03, 2024 16:20 PM EDT

NEW YORK (AP) — Crude prices jumped Thursday on worries that worsening tensions in the Middle East could disrupt the global flow of oil, while U.S. stocks pulled back further from their records. The S&P 500 fell 0.2% amid a shaky week that’s knocked the index off its all-time...

EU is taking Hungary to court. It says a law targeting foreign influence really targets basic rights

Oct. 03, 2024 08:57 AM EDT

BRUSSELS (AP) — The European Union announced on Thursday that it is taking Hungary’s right-wing government to court over laws that could allow the authorities to investigate and prosecute people accused of undermining the country’s sovereignty. The “ sovereignty protection...

Harris and Trump are tested by the Mideast, Helene and the port strike in the campaign's final weeks

Oct. 02, 2024 15:39 PM EDT

WASHINGTON (AP) — A trio of new trials — a devastating hurricane, expanding conflict in the Mideast and a dockworkers strike that threatens the U.S. economy — are looming over the final weeks of the presidential campaign and could help shape the public mood as voters decide between Democrat...

Jimmy Carter at 100: A century of changes for a president, the US and the world since 1924

Oct. 01, 2024 04:29 AM EDT

Already the longest-lived of the 45 men to serve as U.S. president, Jimmy Carter is about to reach the century mark. The 39th president, who remains under home hospice care, will turn 100 on Tuesday, Oct. 1, celebrating in the same south Georgia town where he was born in 1924. ...

Behind the loudest issues, the UN is a world stage for disputes that are often out of the spotlight

Sep. 29, 2024 17:51 PM EDT

The world’s greatest stage is the sprawling Midtown Manhattan complex where leaders meet each year to discuss humanity’s future. The United Nations' most powerful body — the Security Council — is paralyzed by disputes, so this year's most varied speeches were delivered before...

Mexico's president touts austerity on his way out of office but lavishes largesse on friends

Sep. 27, 2024 15:40 PM EDT

MEXICO CITY (AP) — Mexico’s outgoing president has always taken pride in his reputation as a penny-pincher but on Friday, three days before leaving office, Andrés Manuel López Obrador announced generous cash giveaways for his allies in a radical union movement. It was part of...

Trump favors huge new tariffs. What are they, and how do they work?

Sep. 27, 2024 06:12 AM EDT

WASHINGTON (AP) — Donald Trump has identified what he sees as an all-purpose fix for what ails America: Slap huge new tariffs on foreign goods entering the United States. The former president and current Republican nominee asserts that tariffs — basically import taxes — will...

Official report says Argentina's poverty rate has spiked to 53% in first six months of austerity under President Milei

Sep. 26, 2024 15:34 PM EDT
BUENOS AIRES, Argentina (AP) — Official report says Argentina's poverty rate has spiked to 53% in first six months of austerity under President Milei.

Trump listens during a farming event in rural Pennsylvania, then threatens John Deere with tariffs

Sep. 23, 2024 22:26 PM EDT

SMITHTON, Pa. (AP) — Donald Trump sat in a large barn in rural Pennsylvania on Monday, asking questions of farmers and offering jokes but, in a rarity for his campaign events, mostly listening. The bombastic former president was unusually restrained at an event about China's...