economy

Jon Roesser, general manager of Weaver’s Way co-op, with Mayor Jim Kenney
Hadas Kuznits/KYW Newsradio
Hadas Kuznits
October 18, 2019 - 1:35 pm
In a brief ceremony at City Hall on Friday morning, Philadelphia Mayor Jim Kenney declared Saturday the inaugural Philly Grocery Co-op Day. Jon Roesser, general manager of Weaver's Way Co-op, says he hopes Co-op Day brings attention to the benefits of shopping at or being a member of a cooperative...
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Dank, a shadowy but widely sold illegal marijuana vape is drawing the attention of investigators looking into a rash of mysterious lung illnesses around the U.S.
Northwest Metro Drug Task Force/Minnesota Departments of Public Safety via AP
AP News
October 04, 2019 - 10:43 am
It's a widely known vape cartridge in the marijuana economy, but it’s not a licensed brand. And it’s got the kind of market buzz no legitimate company would want.
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Donald Trump and China's Xi Jinping
Susan Walsh/AP, file
AP News
August 23, 2019 - 9:29 am
WASHINTON D.C. (AP) — President Donald Trump and China escalated their 13-month trade war Friday, sending financial markets tumbling and intensifying worries about the health of the global economy. Trump answered a new round of trade sanctions from China by promising a still-secret response, joking...
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Cargo ship
Chinatopix via AP
AP News
August 22, 2019 - 7:01 am
BEIJING (AP) — China appealed to Washington on Thursday to "meet each other halfway" and settle a trade war instead of going ahead with planned tariff hikes Beijing warned will trigger retaliation. Exporters are preparing for a Sept. 1 increase in U.S. duties in a fight over trade and technology...
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Counselor to the President Kellyanne Conway speaks to members of the media outside of the West Wing on the North Lawn of the White House in Washington, Wednesday, Aug. 7, 2019.
Andrew Harnik/AP Photo
August 20, 2019 - 10:10 am
By Zeke Miller and Josh Boak, Associated Press WASHINGTON (AP) — The "fundamentals" of the U.S. economy are solid, the White House asserted, invoking an ill-fated political declaration of a decade ago amid mounting concern that a recession could imperil President Donald Trump's reelection...
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Traders and financial professionals work on the floor of the New York Stock Exchange (NYSE) at the opening bell on August 15, 2019 in New York City.
Drew Angerer/Getty Images
August 15, 2019 - 10:49 am
By Stan Choe NEW YORK (AP) — Stocks around the world remained stuck in the spin cycle Thursday, as worries about a possible recession collided with hopes that the strongest part of the U.S. economy — shoppers spending at stores and online — can keep going. The S&P 500 flipped between modest...
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mavdesign/Getty Images
David Madden
August 09, 2019 - 3:45 pm
SOUTH JERSEY (KYW Newsradio) — Changes are on the horizon for New Jersey’s controversial tax on shore house rentals. Gov. Phil Murphy signed legislation Friday that would limit the scope of rentals that are subject to the tax. The 11.6 percent tax, which went into effect last year, is similar to...
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Trump rips Federal Reserve as it mulls rate cut
CNN
July 31, 2019 - 10:37 am
By Donna Borak, CNN Business (CNN) -- The Federal Reserve is poised to cut interest rates on Wednesday for the first time since the 2008 financial crisis to extend the longest economic expansion in US history. The move would come despite a strong US economy. But some cracks are beginning to show:...
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From left: Marianne Williamson, Tim Ryan, Amy Klobuchar, Pete Buttigieg, Bernie Sanders, Elizabeth Warren, Beto O'Rourke, John Hickenlooper, John Delaney and Steve Bullock take the stage for a Democratic primary debate in Detroit.
Paul Sancya/AP Photo
July 31, 2019 - 6:35 am
By Steve Peoples and Sara Burnett, Associated Press DETROIT (AP) — The signature domestic proposal by the leading progressive candidates for the Democratic presidential nomination came under withering attack from moderates in a debate that laid bare the struggle between a call for revolutionary...
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President Donald Trump arrives before signing H.R. 1327, an act ensuring that a victims' compensation fund related to the Sept. 11 attacks never runs out of money, in the Rose Garden of the White House, Monday, July 29, 2019, in Washington.
Scott Applewhite/AP Photo
July 30, 2019 - 10:21 am
By Marc Levy and Scott Bauer, Associated Press BROOKFIELD, Wis. (AP) — Carol Evans approves of Donald Trump's immigration policy. She gives him credit for the strong economy. But the Republican from the affluent Milwaukee suburbs of Waukesha County, a GOP bedrock in the state, just can't commit to...
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