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Trump: Health vote is last chance for GOP to do right thing

Alan Fram, Associated Press  |  Posted   Jul 24th - 9:11am

President Donald Trump pressured Republicans Monday to approve the Senate's wheezing health care bill, saying a showdown vote planned for this week is their "last chance to do the right thing" and erase the Obama health law.

IMF upgrades eurozone, Japan; leaves world outlook unchanged

The Associated Press  |  Posted   Jul 24th - 8:11am

The International Monetary Fund upgraded the economic outlook for Europe, Japan and China this year. But the fund left its forecast for global growth unchanged from an April forecast, partly because the United States is unlikely to get much help from tax cuts and higher spending.

Australian consumer watchdog investigates air bag recall

The Associated Press  |  Posted   Jul 24th - 8:11am

Australia's consumer watchdog said on Monday it was urgently seeking information from the government regulator and car manufacturers after a magazine reported that recalled Takata air bags were being replaced by faulty air bags.

Grain lower, livestock lower

The Associated Press  |  Posted   Jul 24th - 8:01am

Grain futures were lower Monday in early trading on the Chicago Board of Trade.

US home purchases slipped 1.8 percent in June amid climbing prices, declining number of homes for sale

The Associated Press  |  Posted   Jul 24th - 8:01am

US home purchases slipped 1.8 percent in June amid climbing prices, declining number of homes for sale.

Grain lower, livestock lower

The Associated Press  |  Posted   Jul 24th - 8:01am

Grain futures were lower Monday in early trading on the Chicago Board of Trade.

Greece readies first foray into bond markets in 3 years

The Associated Press  |  Posted   Jul 24th - 7:21am

Greece is poised to tap international bond markets for the first time in three years in a move the government hopes will signal the country is ready to emerge from its bailout era.

German automakers' shares fall on diesel emissions concerns

David McHugh, Associated Press  |  Posted   Jul 24th - 7:11am

The German auto industry's troubles over excessive diesel emissions are looming larger.

Grab builds out war chest in a fight for car-share dominance

The Associated Press  |  Posted   Jul 24th - 7:01am

The taxi app Grab has been given an additional $2 billion in financing, revealing the intense competition among car services in Asia that have forced companies like Uber to take a back seat to rivals with extremely deep-pockets.

Global shares mixed as attention turns to Fed meeting

Yuri Kageyama, Associated Press  |  Posted   Jul 24th - 6:24am

Global stock markets mostly fell on Monday as investors turned their attention to the U.S. Federal Reserve meeting later in the week.

Russia calls for tighter compliance with oil output cuts

The Associated Press  |  Posted   Jul 24th - 6:00am

Major oil producers need to show greater discipline in sticking to output cuts aimed at raising the price of crude, Russia's energy minister said Monday.

KKR's Internet Brands buying WebMD in $2.8B deal

The Associated Press  |  Posted   Jul 24th - 5:27am

KKR is buying health information website WebMD in a deal valued at about $2.8 billion.

China hopes construction of Thai railway can start quickly

Kaweewit Kaewjinda, Associated Press  |  Posted   Jul 24th - 5:20am

China's foreign minister said Monday he hopes construction of a new Thai railway can start immediately so Thailand will have better access to Chinese markets.

USS Constitution returns to Boston's waters after repairs

Crystal Hill, Associated Press  |  Posted   Jul 24th - 4:54am

The USS Constitution, the world's oldest commissioned warship still afloat, has returned to Boston's waters.

Eurozone growth projections revised up by the IMF

Pan Pylas, Associated Press  |  Posted   Jul 24th - 4:17am

The International Monetary is more optimistic about the economy of the 19-country eurozone after a run of elections saw populist politicians defeated.

IMF cuts British growth forecast after weak first quarter

The Associated Press  |  Posted   Jul 24th - 3:57am

The International Monetary Fund has revised down its 2017 growth forecast for the British economy following a weak first quarter that suggested the country's exit from the European Union was starting to weigh on consumers and businesses.

AP Explains: India and China face off in border standoff

Ashok Sharma and Christopher Bodeen, Associated Press  |  Posted   Jul 24th - 2:50am

It was the tiny Himalayan kingdom of Bhutan that sounded the alarm: Chinese soldiers had arrived with bulldozers and excavators, and were building a high-mountain road near India's border — in an area the two nuclear-armed Asian giants have disputed for decades.

Trump expected to support Russia sanctions package

Richard Lardner, Associated Press  |  Posted   Jul 24th - 1:06am

The White House has indicated that President Donald Trump would sign a sweeping Russia sanctions measure that requires him to get Congress' permission before lifting or easing the economic penalties against Moscow.

More reason for rejecting GOP health bill than reviving it

Alan Fram, Associated Press  |  Posted   Jul 24th - 12:50am

There are many reasons why the Senate will probably reject Republicans' crowning bill razing much of former President Barack Obama's health care law. There are fewer why Senate Majority Leader Mitch McConnell might revive it and avert a GOP humiliation.

GOP favor dropping tax beneficial to blue states

Stephen Ohlemacher, Associated Press  |  Posted   Jul 24th - 12:30am

Republicans aren't usually big on raising taxes, but they're really eager to eliminate the federal deduction for state and local taxes.