Trade war's wounded: Companies improvise to dodge cost hikes

WASHINGTON (AP) — In Rochester, New York, a maker of furnaces for semiconductor and solar companies is moving its research and development to China to dodge President Donald Trump's import taxes — a m...

Trade war's wounded: Companies improvise to dodge cost hikes

WASHINGTON (AP) — In Rochester, New York, a maker of furnaces for semiconductor and solar companies is moving its research and development to China to dodge President Donald Trump's import taxes — a m...

World Bank cuts forecast for world economic growth in 2019

WASHINGTON (AP) — The World Bank is downgrading its outlook for the global economy this year, citing rising trade tension, weakening manufacturing activity and growing financial stress in emerging-mar...

US factories expanded at slowest pace in more than 2 years

WASHINGTON (AP) — American factories grew last month at the slowest pace in more than two years. The Institute for Supply Management, an association of purchasing managers, says its ...

US pending home sales slip 0.7 percent in November

WASHINGTON (AP) — Fewer Americans signed contracts to buy homes in November as higher mortgage rates and prices squeezed would-be buyers out of the market, especially in the West. Th...

US consumer confidence tumbles in December

WASHINGTON (AP) — U.S. consumer confidence tumbled this month as Americans began to worry that economic growth will moderate next year. But consumer spirits are still high by historic standards. ...

US industrial production climbs 0.6 percent in November

WASHINGTON (AP) — U.S. industrial production climbed 0.6 percent on surging output at mines and utilities. But manufacturing production was flat. The Federal Reserve says that utilit...

Record imports push US trade gap to $55.5 billion in October

WASHINGTON (AP) — Record imports in October drove the U.S. trade deficit to the highest level in a decade. The Commerce Department said Thursday that the gap between the United State...

Trump and Xi agreement buys time in trade war

WASHINGTON (AP) — The dinner-table diplomacy that Presidents Donald Trump and Xi Jinping of China conducted over the weekend produced something as vague as it was valuable: an agreement to keep talkin...

Trump and Xi buy time in trade war. That was the easy part.

WASHINGTON (AP) — The dinner-table diplomacy that Presidents Donald Trump and Xi Jinping of China conducted over the weekend produced something as vague as it was valuable: an agreement to keep talkin...

Trump's new NAFTA faces skeptics in now- Democrat-led House

WASHINGTON (AP) — President Donald Trump spent more than a year browbeating the leaders of Canada and Mexico into agreeing to a rewrite of North American trade rules. And on Friday, leaders of those t...

Trump's new NAFTA faces skeptics in now- Democrat-led House

WASHINGTON (AP) — President Donald Trump spent more than a year browbeating the leaders of Canada and Mexico into agreeing to a rewrite of North American trade rules. And on Friday, leaders of those t...

US calls China's tariffs on American autos 'egregious'

WASHINGTON (AP) — Three days before a U.S.-China summit, the top U.S. trade official is blasting Beijing for imposing "egregious" taxes on American-made cars. In a statement Wednesda...

US consumer confidence slips in November but is still strong

WASHINGTON (AP) — U.S. consumer confidence slipped this month but remains strong. The Conference Board, a business research group, says its consumer confidence index fell to 135.7 in...

Global trade is at stake as Trump and Xi come face to face

WASHINGTON (AP) — To hear President Donald Trump tell it, he was made for a moment like this: A high-stakes face-off. A ticking clock. A cagey adversary. The man who calls himself a ...