Dow set to drop; bonds flash recession signal; Chinese economic data weakens; China blames the US for Hong Kong protests; mortgage refinances surge
"I can assure you that if China comes down hard on the protesters that there will be action in Congress to enforce the autonomy agreements that were entered into that are part of the special recognition of Hong Kong," Senator Ben Cardin told Reuters. "If China interferes with the autonomy of Hong Kong, then it does affect our agreements in regard to Hong Kong as far as...
President Donald Trump said on Tuesday the situation in Hong Kong was tricky, but he hoped it would work out for everybody, including China, and "for liberty" without anyone getting hurt or killed. Trump cited U.S. intelligence as saying that China's government was moving troops to its border with Hong Kong, and urged calm as clashes continued between protesters...
President Donald Trump said on Tuesday the situation in Hong Kong was tricky, but he hoped it would work out for everybody, including China, and "for liberty" without anyone getting hurt or killed. Trump cited U.S. intelligence as saying that China's government was moving troops to its border with Hong Kong, and urged calm as clashes continued between protesters...
President Donald Trump said on Tuesday the situation in Hong Kong was tricky, but he hoped it would work out for everybody, including China, and "for liberty" without anyone getting hurt or killed. "The Hong Kong thing is a very tough situation- very tough," Trump told reporters during a visit to Morristown, New Jersey. I hope it works out for everybody, including China.
*Airport authority works to resume flights from 6 a.m. Tuesday. *China says protests show signs of emerging terrorism. HONG KONG, Aug 12- Hong Kong's airport halted flights on Monday, blaming demonstrators for the disruption, while China said the anti-government protests that have swept the city over the past two months had begun to show "sprouts of terrorism".
WASHINGTON, Aug 7- Former U.S. Mattis, a retired Marine general, had served on General Dynamics' board but resigned in 2017 to take the top job at the Pentagon after being nominated by U.S. Mattis resigned from the Defense Department in December after clashing with Trump on issues such as the president's abrupt decision to pull troops out of Syria and Afghanistan.
WASHINGTON, July 25- The U.S. House of Representatives on Thursday aimed to pass legislation touted by President Donald Trump that would accelerate rising federal budget deficits and suspend limits on Washington's borrowing powers over the next two years. Altogether, the bill would allow Washington to spend $2.75 trillion over the next two years on a range of...
The House Committee on Oversight and Reform's Economic and Consumer Policy subcommittee is examining Juul's marketing and health claims in a two-part hearing on Wednesday and Thursday titled "Examining Juul's Role in the Youth Nicotine Epidemic."
The Marijuana Opportunity Reinvestment and Expungement Act would remove pot from the Controlled Substances Act.
WASHINGTON, July 22- President Donald Trump and U.S. congressional leaders said on Monday they reached a deal on a two-year extension of the debt limit and federal spending caps through Sept. 30, 2021. "I am pleased to announce that a deal has been struck with Senate Majority Leader Mitch McConnell, Senate Minority Leader Chuck Schumer, Speaker of the House Nancy...
WASHINGTON, July 18- The U.S. House of Representatives on Thursday passed legislation to raise the federal minimum wage to $15 an hour by October 2025, a big win for workers and labor groups, even as it remained unlikely the bill would pass a Republican-controlled Senate. The move comes at a time when the $15 minimum wage fight, first started by fast-food workers in...
U.S. lawmakers weighed reforming pot laws in what advocates called a "historic" hearing Wednesday, with numerous members of Congress saying they wanted to loosen federal laws, even legalize marijuana.
Kentucky Democratic Senate candidate Amy McGrath raised more than $2.5 million in the first 24 hours of her campaign against Mitch McConnell.
*Iran says "spy" drone downed over Iranian province on Gulf. President Donald Trump approved military strikes against Iran on Friday in retaliation for the downing of a U.S. surveillance drone, but called off the attacks at the last minute, the New York Times reported. After weeks of rising tension amid a spate of attacks on oil tankers in the Gulf, Iran said on...
*Iran says' spy' drone downed over Iranian province on Gulf. While the comments appeared to suggest Trump was not eager to escalate the latest in a series of incidents with Iran, he also warned: "This country will not stand for it." "I think probably Iran made a mistake.
President Donald Trump on Thursday said he was prepared to raise the case of two Canadians detained by Beijing with Chinese President Xi Jinping, an act that could potentially ease a major dispute between Canada and China. China has charged the two Canadian citizens with espionage and blocked imports of canola seed and pork from Canada. Mexico's Senate on...
President Donald Trump on Thursday said he was prepared to raise the case of two Canadians detained by Beijing with Chinese President Xi Jinping, an act that could potentially ease a major dispute between Canada and China. China has since charged the two Canadian citizens with espionage and blocked imports of canola seed and pork from Canada.
WASHINGTON, June 19- The U.S. Senate will vote on Thursday on legislation seeking to block President Donald Trump's plan to complete $8 billion in arms sales to Saudi Arabia and the United Arab Emirates, lawmakers said, making clear they want a harder line against what they see as human rights abuses by the two countries. There has been increasing frustration with...
WASHINGTON, June 19- The U.S. Senate will vote on Thursday on legislation seeking to block President Donald Trump's plan to sidestep congressional review and go ahead with more than $8 billion in arms sales to Saudi Arabia and the United Arab Emirates. Majority Leader Mitch McConnell announced an agreement to hold the vote on Wednesday, after a group of...
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