Economic policy

A Chinese man monitors stock prices at a brokerage in Beijing on Friday, July 19, 2019. Asian shares rebounded Friday on hopes for progress in trade talks between China and the U.S., extending overnight gains on Wall Street. (AP Photo/Ng Han Guan)
July 19, 2019 - 4:04 am
BANGKOK (AP) — Shares powered ahead in Europe and Asia on Friday, helped by for progress in trade talks between China and the U.S. and by expectations that the U.S. central bank will cut interest rates soon. Britain's FTSE 100 added 0.6% to 7,538.01 and the CAC 40 in Paris rose 0.8% to 5,593.98. In...
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In this June 20, 2019, photo a student walks past a mural in the library at Virginia Commonwealth University in Richmond, Va. College students working a summer job likely shouldn’t sweat how it will affect their financial aid: Dependent students can earn up to $6,660 before it increases their expected family contribution, or EFC. (AP Photo/Steve Helber)
July 18, 2019 - 9:30 am
Roughly one-third of teenagers have summer jobs, according to the Pew Research Center. Some of these jobs may make you very familiar with the letters "SPF." But every working student should know a different abbreviation to avoid getting burned: EFC. While you may be working to help pay for college...
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South Korean President Moon Jae-in, second from right, shakes hands with Hwang Kyo-ahn, the main opposition Liberty Korea Party chairman, during a meeting with ruling and opposition party leaders to talk about an ongoing South Korea-Japan trade conflict at the presidential Blue House in Seoul, South Korea, Thursday, July 18, 2019. (Bee Jae-man/Yonhap via AP)
July 18, 2019 - 9:22 am
SEOUL, South Korea (AP) — Setting aside their usual bickering, South Korean liberal and conservative parties on Thursday vowed to cooperate to help the Seoul government prevail in an escalating trade row with Japan. After a meeting between the parties' leaders and South Korean President Moon Jae-in...
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An investor walks in front of stock trading boards at a private stock market gallery in Kuala Lumpur, Malaysia, Thursday, July 18, 2019. Asian stock markets on Thursday followed Wall Street lower after President Donald Trump reignited trade fears by saying he could impose more tariffs on Chinese imports. (AP Photo/Vincent Thian)
July 18, 2019 - 6:33 am
BEIJING (AP) — Global stock markets mostly fell on Thursday after U.S. President Donald Trump said he could impose more tariffs on Chinese goods and Japan's exports tumbled. Benchmarks in London, Frankfurt, Shanghai and Tokyo all declined, as did Wall Street futures. Trump alarmed investors by...
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Bank of Korea Gov. Lee Ju-yeol speaks during a press conference in Seoul, South Korea, Thursday, July 18, 2019. South Korea's central bank on Thursday cut its policy rate for the first time in three years to combat a faltering economy that faces further risks from a heated trade dispute with Japan. (AP Photo/Ahn Young-joon)
July 18, 2019 - 2:25 am
SEOUL, South Korea (AP) — South Korea's central bank on Thursday cut its policy rate for the first time in three years to shore up growth threatened by a trade dispute with Japan. The Bank of Korea lowered its key interest rate by a quarter percentage point to 1.50% following a meeting of its...
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FILE- In this July 1, 2019, file photo specialist Michael Gagliano, left, and trader Andrew Silverman work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Wednesday, July 17. (AP Photo/Richard Drew, File)
July 17, 2019 - 10:46 pm
BEIJING (AP) — Asian stock markets on Thursday followed Wall Street lower after President Donald Trump reignited trade fears by saying he could impose more tariffs on Chinese imports. Benchmarks in Shanghai, Tokyo, Hong Kong and Sydney all declined. Oil rebounded from the previous day's losses...
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French Finance Minister Bruno Le Maire, left, welcomes Treasury Secretary Steve Mnuchin at the G-7 Finance Wednesday July 17, 2019 in Chantilly, north of Paris. The Group of Seven rich democracies' top finance officials gathered Wednesday at a chateau near Paris in search of common ground on the threats posed by digital currencies. (AP Photo/Michel Euler)
July 17, 2019 - 10:16 am
CHANTILLY, France (AP) — The Trump administration is objecting to France's plan to tax Facebook, Google and other U.S. tech giants, a rift that's overshadowing talks between seven longtime allies this week on issues ranging from digital currencies to trade. As finance ministers from the Group of...
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U.S. Federal Reserve Chairman Jerome Powell speaks during a dinner hosted by the Bank of France in Paris, Tuesday, July 16, 2019. Finance officials from the Group of Seven rich democracies will weigh risks from new digital currencies and debate how to tax U.S. tech companies like Google and Amazon when they meet in the Paris suburb of Chantilly tomorrow. (AP Photo/Michel Euler)
July 16, 2019 - 1:53 pm
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell said Tuesday that the 2008 financial crisis accelerated major changes in the U.S. and global economies, leading to slower growth, lower inflation and lower interest rates. Delivering remarks to a Paris economic conference, Powell said that...
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FILE - In this July 1, 2019, file photo trader James Riley works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Monday, July 15. (AP Photo/Richard Drew, File)
July 15, 2019 - 9:35 pm
TOKYO (AP) — Asian shares were little changed and mixed in quiet trading Tuesday amid a lack of fresh market-moving news as investors looked ahead to earnings season. Japan's benchmark Nikkei 225 lost 0.7% in early trading to 21,531.05. Australia's S&P/ASX 200 was little changed but slightly...
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A child plays with a balloon at a clothing store having a promotion sale in Beijing, Monday, July 15, 2019. China's economic growth sank to its lowest level in at least 26 years in the quarter ending in June, adding to pressure on Chinese leaders as they fight a tariff war with Washington. (AP Photo/Andy Wong)
July 15, 2019 - 12:46 pm
BEIJING (AP) — China's economic growth sank to its lowest level in at least 26 years in the quarter ending in June, adding to pressure on Chinese leaders as they fight a tariff war with Washington. The world's second-largest economy grew 6.2% over a year ago, down from the previous quarter's 6.4%,...
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