Tag Archives: U.S.

U.S. and China will try to hash out differences on economy

This solar farm floats atop a flooded coal mine Leaders of the U.S. and China, the world’s two largest economies, will sit down on Wednesday to talk about trade, markets and finance. It’s a sensitive time. The talks are part of a 100-day plan announced in April, following Chinese President Xi Jinping’s visit with President Trump at Mar-a-Lago. The idea is to broker a dialogue and negotiate policy disagreements. Wednesday’s bilateral talks are expected to touch on trade, investment, financial markets and global development. U.S. business executives have long expressed ...

Read More »

Top golfers, Trump and protesters come out to Bedminister for U.S. Women's Open

Is President Trump good for the golf industry? This weekend’s U.S. Women’s Open has drawn top golfers, President Trump and some protesters. Trump was again seen at the course Saturday after being spotted there Friday, viewing the festivities from a glass-encased viewing area. The tournament is scheduled to end on Sunday. Protesters planned to converge on the event because it’s being held at Trump National, the president’s private golf club in Bedminster, New Jersey. Demonstrators were kept at least three miles from the course. They were met by a roughly ...

Read More »

Trump to attend U.S. Women's Open in N.J.

12:00 PM ET ESPN.com news services BEDMINSTER, N.J. — Some of the best golfers in the world are competing in New Jersey this weekend, and they could be partly upstaged by a guy whose best finish was to win an age-group club title. Then again, he is the president — and it’s his club. President Donald Trump’s golf course is hosting this weekend’s U.S. Women’s Open, and Trump is scheduled to spend the weekend there. That poses a security challenge since Trump has a residence on the course, where fans ...

Read More »

U.S. Women's Open expected to draw protesters to Trump's Bedminster course

Is President Trump good for the golf industry? The U.S. Women’s Open tees off Thursday, and it’s attracting more than top golfers and avid fans. Protesters are planning to converge on the tournament this weekend because it’s being held at Trump National, the president’s private golf club in Bedminster, New Jersey. Players faced uncomfortable questions from reporters this week about Trump, and at least four U.S. senators have called for the United States Golf Association to move the tournament, three of them citing the president’s “pattern of degrading and dehumanizing ...

Read More »

Microsoft unveils plan to bring broadband internet to rural U.S.

Microsoft’s new Surface Laptop aimed at students Microsoft wants to bring broadband internet to rural Americans. The tech giant on Tuesday announced an initiative to bring broadband internet connectivity to the most remote areas of the U.S. The company intends to take advantage of unused spectrum typically reserved for TV channels, in addition to partnering with local telecom services. These spectrum can carry communications farther than traditional cellular bands. Related: Can Airbus bring cheap internet to the world? Thirty-four million people in the U.S. still don’t have broadband internet access ...

Read More »

Madrid museum must face heirs' claim in Nazi art case: U.S. appeals court

By Jonathan Stempel A federal appeals court on Monday revived a lawsuit seeking to force a Madrid museum to return an Impressionist masterpiece to the family of a Jewish woman who was compelled to sell it to a Nazi art appraiser for $ 360 in 1939 so she could flee Germany. The 9th U.S. Circuit Court of Appeals said two of Lilly Cassirer’s great-grandchildren may sue the Thyssen-Bornemisza Museum for the return of Camille Pissarro’s 1897 depiction of a Paris street scene, “Rue Saint-Honoré, Après-midi, Effet de Pluie.” Monday’s decision ...

Read More »

U.S. jobs report: 4 things to know

This job training program is at risk under Trump budget Unemployment is low, manufacturing is growing and wages are rising: It’s a pretty good moment for the job market. The Labor Department publishes the June jobs report at 8:30 a.m. ET on Friday. Here are four things to know before it comes out. 1. June could be another solid month: Economists surveyed by CNNMoney predict the economy gained 172,000 jobs in June while the unemployment rate remained at 4.3%, its lowest since 2001. American wages are expected to rise 2.6% ...

Read More »

Hobby Lobby to forfeit ancient Iraqi artifacts in settlement with U.S. DOJ

By Dan Whitcomb| LOS ANGELES Arts and crafts retailer Hobby Lobby has agreed to forfeit thousands of illegally smuggled ancient Middle Eastern artifacts obtained from antiquities dealers for a Bible museum headed by its president, the company and U.S. officials said on Wednesday. The forfeiture will include some 5,500 artifacts purchased by Hobby Lobby Inc that originated from the region of modern-day Iraq and were shipped under false labels, as well as an additional $ 3 million to settle the civil charges, the Department of Justice said in a statement. ...

Read More »

Latinos key to U.S. economic growth, study finds

From Facebook fan page to Latino social media giant Latinos are becoming an increasingly critical engine for America’s economic growth, a new report finds. In 2015, the 55 million Latinos living and working in the U.S. were responsible for$ 2.13 trillion — or 11.8% — of America’s $ 18.04 trillion gross domestic product, according to a study released Thursday by the Latino Donors Collaborative, a nonpartisan association of Latino business, political and academic leaders. And those contributions are expected to continue to grow. By 2020, the researchers estimate that Latinos ...

Read More »

For the first time, all U.S. banks pass Fed's stress tests

What will President Trump mean for stocks? America’s biggest banks are winning — again. For the first time in seven years, all 34 of the nation’s biggest banks were granted permission to buy back stock or pay dividends to shareholders,according to the annual stress test results released Wednesday by the Federal Reserve. The verdict is part of the Fed’s yearly financial health checkup on banks like JPMorgan Chase(JPM), Bank of America(BAC) and Wells Fargo(WFC) to determine if they are strong enough to weather a severe financial crisis while still being ...

Read More »