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China lowers minimum amount for tax refunds for tourists to boost spending
BEIJING (AP) — China announced a lower threshold for tax refunds for foreign tourists among a series of policies on Sunday to boost consumption as during a between Beijing and Washington.
Trump is trying to reshape the global economy. It seems in open rebellion against his tariffs
WASHINGTON (AP) — The appeared to be in open rebellion against President tariffs as they Wednesday.
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Why Trump's call for the Fed to cut interest rates may not help consumers
President Donald Trump is to cut interest rates, but even if the Fed gave in to the pressure, it wouldn't necessarily lead to lower borrowing costs for consumers.
Most Americans expect higher prices as a result of Trump's tariffs, a new AP-NORC poll finds
WASHINGTON (AP) — Americans’ trust in President Donald Trump to bolster the U.S. economy appears to be faltering, with a new poll showing that many people fear the country is being and that the president’s broad and haphazardly enforced tariffs will cause prices to rise.
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Trump's attacks on Powell threaten the Fed's independence. Here's why it matters
WASHINGTON (AP) — Donald Trump has stepped up on Federal Reserve Chair Jerome Powell at the same time that the Supreme Court is considering a case that could make it easier for the president to fire him.
European Central Bank expected to cut rates again amid worries about Trump's tariffs
FRANKFURT, Germany (AP) — Worries about economic growth fueled by U.S. President Donald Trump's will likely push the to cut interest rates on Thursday for a seventh straight time, a move that should make credit more affordable for business and consumers and promote economic activity.
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Argentina says it will lift the country's strict currency controls with the help from the IMF
BUENOS AIRES, Argentina (AP) — Argentine President Javier Milei’s economy minister announced on Friday that the libertarian government would lift the country’s strict capital and currency controls in a few days, a high-stakes gamble made possible by a new loan from the International Monetary Fund.
JPMorgan logs Q1 profit of $14.6 billion as CEO warns of uncertainty over global trade, other events
NEW YORK (AP) — JPMorgan’s net income rose 9% to $14.6 billion in the first quarter and the New York bank beat Wall Street’s profit and revenue targets, but it's chief executive warned of global economic uncertainties ahead due to President Donald Trump’s ongoing trade war and other geopolitical tensions.
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Trump disrupts global economic order even though the US is dominant
WASHINGTON (AP) — By declaring a trade war on the rest of the world, President Donald Trump has panicked , raised the risk of and broken the political and economic alliances that made much of the world stable for business after World War II.
Mideast stock markets tumble as US tariffs and low oil prices squeeze energy-producing nations
DUBAI, United Arab Emirates (AP) — Middle East stock markets tumbled Monday as they struggled with the dual hit of and a sharp decline in oil prices, squeezing energy-producing nations that rely on those sales to power their economies and government spending.
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Fear that Trump tariffs will spark recession slashes billions of dollars from US stock values
U.S. companies had billions of dollars in value wiped out after President Donald Trump slapped sweeping tariffs on foreign imports.
Trump’s tariff push is a race against time, and potential voter backlash
WASHINGTON (AP) — President Donald Trump's flips on its head a decades-long global trend of lower trade barriers and is likely, economists say, to raise prices for Americans by thousands of dollars each year while sharply slowing the U.S. economy.
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Asian shares are sharply lower after Wall Street tumbles
NEW YORK (AP) — Asian shares were sharply lower on Monday after another wipeout slammed Wall Street as build about a potentially of and a U.S. economy slowing because to spend due to the .
Lebanon appoints new central bank governor as it works to climb out of economic crisis
BEIRUT (AP) — Lebanon appointed asset manager Karim Souaid to the post of central bank governor Thursday as the tries to reform the economy after months of war and decades of mismanagement and corruption.
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Stock market today: Asian shares are mostly higher after advance on Wall Street
BANGKOK (AP) — Asian shares were mostly higher Thursday following an advance on Wall Street after the said the economy still looks healthy enough to keep interest rates where they are.
Stock market today: Asian shares are mixed after Wall Street falls back ahead of Fed rate decision
TOKYO (AP) — Asian shares were mixed Wednesday ahead of a decision on interest rates by the U.S. Federal Reserve.
Putting Your Name on This List Could Hand You $1,270 on Friday - Ad
URGENT: On Tuesday, a simple set of instructions will be sent out to an elite group of investors. The folks in this group will have the opportunity to place a 10-minute trade that could double their money by Friday. Consider this your invitation to join them. The next trade is just days away.
China's economy improved at the start of 2025, but challenges remain
BEIJING (AP) — The showed signs of improvement in the first two months of the year, though housing market weakness remained a drag on growth, government data showed Monday.
Business News Digest
AP Business Digest
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Hungary's leader orders price controls on basic foods as inflation spikes
BUDAPEST, Hungary (AP) — Hungary's government will limit the profit margin for grocers on a number of basic food items, the prime minister said on Tuesday, a response to growing inflation hitting consumers in the Central European country.
Asian shares dip in an echo of Wall Street's sell-off amid alarm over Trump's tariffs
TOKYO (AP) — Asian benchmarks dove Tuesday, as worries grew about the ripple effects from President Donald Trump's tariffs on regional economies and companies.
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US economic worries mount as Trump implements tariffs, cuts workforce and freezes spending
WASHINGTON (AP) — With his , government and spending , there are growing worries President may be doing more to harm the U.S. economy than to fix it.
U.S. economy likely generated a solid 160,000 jobs last month, but Trump's trade wars cloud outlook
WASHINGTON (AP) — The U.S. labor market likely kept on churning out jobs last month, economists say, but the outlook is cloudy and getting cloudier as the Trump administration wages trade wars, purges federal employees and seeks to deport millions of immigrants.
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Trump, tariffs and potential European defense surge loom over European Central Bank meeting
FRANKFURT, Germany (AP) — The impact of a with the United States and massive increases in European defense spending and government borrowing loom over a policy meeting Thursday at the European Central Bank, which is expected to cut interest rates by a quarter percentage point.
China keeps its economic growth target at 'around 5%' for 2025
BEIJING (AP) — China is keeping its economic growth target at “around 5%” for 2025 despite a with the United States and other headwinds.
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Stock market today: Asian shares skid, hit by AI doubts and Trump tariff hikes
BANGKOK (AP) — Shares retreated Friday in Asia, with benchmarks in Japan, Hong Kong and South Korea falling more than 2% after Wall Street indexes fell sharply on doubts over the frenzy around technology.
America First? Not when it comes to stock markets worldwide
NEW YORK (AP) — When it comes to stock markets around the world, this year has clearly not been “America First.”
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