Economy

FILE - In this May 16, 2019, file photo a woman uses an umbrella as it rains at the Capitol in Sacramento, Calif. The California Legislature faces key decisions this week, including trying to reign in police use of force, prevent rent spikes, and alter labor laws affecting workers in the gig economy. (AP Photo/Rich Pedroncelli, File)
May 26, 2019 - 8:10 am
SACRAMENTO, Calif. (AP) — The California Legislature faces key decisions this week, including trying to reign in police use of force, prevent rent spikes, and alter labor laws affecting workers in the gig economy. Friday is the deadline for the Assembly and Senate to pass or reject bills that...
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President Donald Trump picks up the "President's Cup" to present to the Tokyo Grand Sumo Tournament winner Asanoyama, at Ryogoku Kokugikan Stadium, Sunday, May 26, 2019, in Tokyo. (AP Photo/Evan Vucci)
May 26, 2019 - 5:11 am
TOKYO (AP) — President Donald Trump presented a special U.S.-made trophy to the winner of a sumo tournament Sunday as he got a taste of one of Japan's most treasured cultural institutions. The honor given to Trump was part of a charm offensive by Japanese Prime Minister Shinzo Abe as he courted...
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U.S. President Donald Trump, center left, greets SoftBank Group Corp.'s Chief Executive Masayoshi Son, center right, as first lady Melania Trump, left, and U.S. Ambassador to Japan William Hagerty looks on during his meeting with business leaders, in Tokyo, Saturday, May 25, 2019. President Trump is on a four-day state visit in Japan. (Kyodo News via AP)
May 25, 2019 - 1:38 pm
TOKYO (AP) — The Latest on President Donald Trump's state visit to Japan. (all times local): 12:30 a.m. Sunday President Donald Trump has begun a state visit to Japan by needling the American ally over its trade imbalance with the United States. He jokingly tells business leaders at a reception in...
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President Donald Trump speaks as he meets with Japanese business leaders, Saturday, May 25, 2019, in Tokyo. (AP Photo/Evan Vucci)
May 25, 2019 - 5:57 am
TOKYO (AP) — President Donald Trump opened a state visit to Japan on Saturday by needling the country over its trade imbalance with the United States. "Maybe that's why you like me so much," he joshed. Trump also promoted the U.S. under his leadership, saying "there's never been a better time" to...
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FILE - In this May 17, 2019, file photo, U.S. President Donald Trump arrives to speak at the National Association of REALTORS Legislative Meetings and Trade Expo, in Washington. While in Japan, Trump can point to Tokyo’s streets to drive home a sore point in trade relations between the allies: the absence of made-in-USA vehicles. (AP Photo/Alex Brandon, File)
May 24, 2019 - 7:10 pm
TOKYO (AP) — While in Japan, President Donald Trump can point to Tokyo's streets to drive home a sore point in trade relations between the allies: the absence of made-in-USA vehicles. The $70 billion Japanese trade surplus with the U.S. is dwarfed by China's $379 billion surplus, and the trade...
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FILE - In this April 26, 2019, file photo, U.S. President Donald Trump, right, speaks while meeting with Japanese Prime Minister Shinzo Abe, left, in the Oval Office of the White House in Washington. Trump’s Japan visit starting on Saturday, May 25, 2019, is to focus on personal ties with Abe rather than substantive results on trade, security or North Korea. (AP Photo/Susan Walsh, File)
May 24, 2019 - 5:44 pm
WASHINGTON (AP) — Under the threat of potentially devastating U.S. tariffs on autos, Japan is ready to roll out the newest phase of its charm offensive targeting President Donald Trump as it welcomes him on a state visit tailor-made to his whims and ego. Offering high honors, golf and the chance to...
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FILE - In this May 17, 2019, file photo trader Robert Charmak works on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Thursday, May 23. (AP Photo/Richard Drew, File)
May 24, 2019 - 1:12 pm
NEW YORK (AP) — The latest on developments in financial markets (all times local): 4:00 p.m. Stocks are closing higher on Wall Street Friday, led by gains in financial companies, as the market rebounds from steep losses a day earlier. Intuit gained 6.7% after the maker of TurboTax reported...
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FILE - In this May 9, 2019, file photo traders Gregory Rowe and Benjamin Tuchman work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Friday, May 24. (AP Photo/Richard Drew, File)
May 24, 2019 - 12:58 pm
Stocks rose broadly on Wall Street Friday afternoon, though the market remained on track to end a turbulent week of trading with its third straight weekly loss. Financial companies led the buying as the yield on the 10-year Treasury note reversed part of a steep slide a day earlier. Rising yields...
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A man looks at his smartphone as he walks past an electronics shop advertising phones from Huawei and Apple in Beijing, Friday, May 24, 2019. Stepping up a propaganda offensive against Washington, China's state media on Friday accused the U.S. of seeking to "colonize global business" by targeting telecom equipment giant Huawei and other Chinese companies. (AP Photo/Mark Schiefelbein)
May 24, 2019 - 7:15 am
BEIJING (AP) — Stepping up Beijing's propaganda offensive in the tariffs standoff with Washington, Chinese state media on Friday accused the U.S. of seeking to "colonize global business" with moves against Huawei and other Chinese technology companies. There was no word from either side on progress...
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FILE - In this May 9, 2019, file photo washers and dryers are shown on display in a retail store in Cranberry Township, Pa. On Friday, May 24, the Commerce Department releases its March report on durable goods. (AP Photo/Keith Srakocic, File)
May 24, 2019 - 6:00 am
WASHINGTON (AP) — Orders to U.S. factories for large manufactured goods fell sharply last month, pulled down by lower demand for commercial aircraft and cars. The Commerce Department said Friday that orders for durable goods — or items meant to last at least three years — fell 2.1%, after rising 1...
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