GENEVA (AP) — The U.S. Treasury Secretary and America’s top trade negotiator will meet with high-ranking Chinese officials in Switzerland this weekend to de-escalate a dispute that threatens to cut off trade between the world’s two biggest economies and damage the global economy. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson will meet in…… MORE
WASHINGTON (AP) — A top Federal Reserve official said Friday that massive uncertainty created by President Donald Trump’s tariffs has caused some businesses to cut back on hiring and spending, threatening to slow the economy, but he added that it’s not yet clear whether the central bank should cut its key interest rate. Tom Barkin,…… MORE
A former CEO of the nation’s largest waste management company who currently serves on the FedEx board of directors will take over control of the U.S. Postal Service. The chair of the service’s Board of Governors announced Friday that David Steiner will become the nation’s 76th postmaster general, pending his successful completion of ethics and…… MORE
NEW YORK (AP) — U.S. stocks drifted to a mixed finish as Wall Street and other financial markets wait for a highly anticipated meeting on Saturday between China and the United States on trade. The S&P 500 slipped 0.1% Friday to finish the week with a modest dip of 0.5%. The Dow Jones Industrial Average…… MORE
(WBAP/KLIF) — AP U.S. President Donald Trump said from the White House on Thursday that his government has reached a trade agreement with the United Kingdom. Trump said the deal increases access for U.S. agricultural products, though he added that the final details were still being written up. Britain says the deal will cut tariffs…… MORE
UPDATE: Lord Robert Prevost, now Pope Leo the 14th, the first American Pope, Cardinal to the city of Chicago, U.S., is chosen as the new Pope. He left as a missionary to go to Peru as a young man, starting his journey with the Catholic Church. VATICAN CITY (AP) — White smoke poured from the…… MORE
WASHINGTON (AP) — As Congress looks to slash spending and raise revenue for President Donald Trump’s tax bill, Republicans have turned attention to the huge endowments amassed by the country’s wealthiest colleges. Varying proposals have called for raising the rate to 14% or 21%, treating traditionally tax-free universities like major corporations. Trump previously said he…… MORE
WASHINGTON (AP) — The Federal Reserve will likely keep its key short-term interest rate unchanged on Wednesday, despite harsh criticism from President Donald Trump and his demand that the Fed reduce borrowing costs. After causing a sharp drop in financial markets two weeks ago by saying he could fire Fed Chair Jerome Powell, the Republican…… MORE
NEW YORK (AP) — President Donald Trump is threatening to levy all films made outside the U.S. at a steep rate of 100%. Over the weekend, Trump accused other countries of “stealing the movie-making capabilities” of the U.S. and said that he had authorized the Commerce Department and the U.S. Trade Representative to “immediately begin…… MORE
ISLAMABAD, Pakistan (AP) Pakistan says India has fired missiles across the border into Pakistani-controlled territory striking at least three locations, killing a child and wounding two other people. India said Wednesday it was striking infrastructure used by militants. Tensions have soared between the nuclear-armed neighbors over last month’s militant attack on tourists in the Indian-controlled…… MORE
