BURLINGTON, Vt. — After a decade of booming enrollment by students from China, American universities are starting to see steep declines as political tensions between the two countries cut into a major source of tuition revenue. Several universities have reported drops of one-fifth or more this fall in the number...
A Divided Fed Cuts Key Interest Rate for 2nd time This Year
WASHINGTON — A sharply divided Federal Reserve cut its key benchmark interest rate for a second time this year while saying Wednesday that it's prepared to continue doing what it deems necessary to sustain the U.S. economic expansion. The Fed's move will reduce its benchmark rate by an additional quarter-point...
US Stocks Move Higher as China Eases Trade Tensions
Stocks rose broadly on Wall Street in afternoon trading Wednesday as investors welcomed China's move to exempt some U.S. products from a recent round of tariffs. Technology, health care and communication services stocks powered much of the gains for the benchmark S&P 500 index, which has been essentially flat for...
UN Atomic Watchdog Confirms Iran Installing New Centrifuges
BERLIN — The United Nations' atomic watchdog confirmed Monday that Iran is preparing to use more advanced centrifuges, another breach of limits set in the country's slowly unraveling nuclear deal with major powers. Iran had already announced the step, its latest violation of the 2015 agreement as it tries to...
US Hiring Slow but Steady Amid Trade War and Global Weakness
WASHINGTON — U.S. employers added a modest 130,000 jobs in August, a sign that hiring has slowed but remains durable in the face of global economic weakness and President Donald Trump's trade war with China. The unemployment rate remained 3.7% for a third straight month, the Labor Department said Friday, near the...
Farmers' Loyalty to Trump Tested Over New Corn-Ethanol Rules
LACONA, Iowa — When President Donald Trump levied tariffs on China that scrambled global markets, farmer Randy Miller was willing to absorb the financial hit. Even as the soybeans in his fields about an hour south of Des Moines became less valuable, Miller saw long-term promise in Trump's efforts to...
Farmers' Loyalty to Trump Tested Over New Corn-Ethanol Rules
LACONA, Iowa — When President Donald Trump levied tariffs on China that scrambled global markets, farmer Randy Miller was willing to absorb the financial hit. Even as the soybeans in his fields about an hour south of Des Moines became less valuable, Miller saw long-term promise in Trump's efforts to...
US Stocks Climb Amid Signs of a Thaw in US-China Trade War
Stocks marched broadly higher on Wall Street in midday trading Monday after President Donald Trump claimed China was willing to reopen talks on the costly trade war that has roiled markets and dimmed the outlook for global economic growth. Uncertainty remained high, however, about the next developments in the trade...
US Stocks Climb Amid Signs of a Thaw in US-China Trade War
Stocks marched broadly higher on Wall Street in midday trading Monday after President Donald Trump claimed China was willing to reopen talks on the costly trade war that has roiled markets and dimmed the outlook for global economic growth. Uncertainty remained high, however, about the next developments in the trade...
AP FACT CHECK: Trump's Illusory Claims of Gains From Tariffs
WASHINGTON — President Donald Trump is painting a false picture of a U.S. economy unaffected by his trade war with China and other countries. He describes a blue-sky world in which rapidly escalating tariffs have no impact on American consumers even as a raft of businesses and economists say otherwise, chastising those...