Some GOP governors weighed in Thursday evening in a letter to congressional leaders saying the House bill gives them almost no new flexibility and lacks sufficient resources to protect the vulnerable. Bill Flores, R- Texas, said it's important to get the legislation passed before Congress leaves for a two-week spring recess next month. The House bill— called...
WASHINGTON— The closure of a regional airport could force residents of a small town in upper Michigan to drive eight hours to catch a flight. The elimination of funding to keep the Great Lakes clean could hurt business at a waterside Ohio boating club. "Some people might think it's a betrayal," said Eric Waara, the Republican city manager of the 7,000- person town of...
WASHINGTON— The United Nations and dozens of its affiliated agencies are facing deep funding cuts and possibly an end to U.S. contributions, as the Trump administration seeks to slash billions of dollars from diplomacy and development assistance in next year's budget. Peacekeeping missions and international organizations that rely heavily on American...
U.S. Secretary of the Treasury Steven Mnuchin says the U.S. administration’s objective is for more balanced trade agreements.
TOKYO, March 17- Japan's exports probably rose at the fastest pace in two years in February thanks to a softer yen and improving global demand, a Reuters poll showed on Friday. But uncertainty over possible trade protectionist moves by the United States is still clouding recovery prospects for the world's third-largest economy. The number were likely...
TOKYO— Asian markets were mixed Friday as investors awaited a meeting of finance and economic ministers of the Group of 20 industrial countries. KEEPING SCORE: Japan's benchmark Nikkei 225 edged down 0.4 percent to 19,521.47. Australia's S&P/ASX 200 added 0.2 percent to 5,795.20.
SHANGHAI, March 17- China's yuan weakened against the dollar on Friday, due to corporate demand for the greenback, but the Chinese currency was on track for its best week in more than two months. The People's Bank of China set the midpoint rate at 6.8873 per dollar prior to market open, weaker than the previous fix of 6.8862. Traders said the domestic forex market...
Kishore Mahbubani at the National University of Singapore says the U.S. needs China on board to work out a solution when it comes to North Korea.
ST. LOUIS, March 16- Peabody Energy Corp, the world's largest private sector coal producer, said on Thursday it expects to exit its Chapter 11 bankruptcy in early April after a U.S. judge said he would approve its plan to slash over $5 billion of debt. Bankruptcy Judge Barry Schermer said he was ready to sign an order to approve Peabody's bankruptcy emergence once...