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AP FACT CHECK: Trump's tax fictions; Dem debate misfires

Calvin Woodward, Hope Yen and Josh Boak, Associated Press  |  Posted Feb 23rd - 10:33pm

In their boisterous presidential debate, several Democrats sold short the health care plans of rivals and Mike Bloomberg distorted his position on the “stop and frisk" police strategy when he was New York City mayor. In an audacious league of his own, President Donald Trump celebrated the elimination of a tax that still exists and went deep and wide in distorting what he's done in office.

China promises companies aid, says growth targets can be met

Joe McDonald, Associated Press  |  Posted Feb 23rd - 10:08pm

Regulators on promised tax cuts and other aid Monday to help companies recover from China’s virus outbreak and expressed confidence the ruling Communist Party’s growth targets can be achieved despite anti-disease controls that shut down much of the economy.

Survey: Business economists endorse Federal Reserve policies

Christopher Rugaber, Associated Press  |  Posted Feb 23rd - 10:01pm

Nearly two-thirds of U.S. business economists say the Federal Reserve's interest rate policy is “about right,” a sharp contrast to President Donald Trump's attacks on the Fed for not cutting rates more aggressively.

Asian shares take hit as new virus cases jump outside China

Elaine Kurtenbach, Associated Press  |  Posted Feb 23rd - 10:00pm

Shares skidded in Asia on Monday after reports of a surge in new virus cases outside China. The decline followed a sell-off Friday on Wall Street.

UN study: 1 of every 3 Venezuelans is facing hunger

Jorge Rueda and Christine Armario, Associated Press  |  Posted Feb 23rd - 4:42pm

One of every three people in Venezuela is struggling to put enough food on the table to meet minimum nutrition requirements as the nation's severe economic contraction and political upheaval persists, according to a study published Sunday by the U.N. World Food Program.

Report says Intuit nearing $7 billion deal for Credit Karma

The Associated Press  |  Posted Feb 23rd - 2:12pm

Intuit Inc. is reportedly close to a $7 billion deal to acquire personal-finance portal Credit Karma Inc. and beef up its position in the consumer-finance market.

US gas prices steady at $2.53 per gallon over past 2 weeks

The Associated Press  |  Posted Feb 23rd - 11:59am

The average U.S. price of regular-grade gasoline remained steady at $2.53 per gallon over the past two weeks.

Spain closes airports on Canary Islands due to sand storm

The Associated Press  |  Posted Feb 23rd - 11:30am

Spanish authorities said Sunday that they have closed airports on the Canary Islands because of a wind storm that is blinding the archipelago with sand and dust.

View of a longtime economist: Slower growth but no recession

Martin Crutsinger, Associated Press  |  Posted Feb 23rd - 8:30am

In this high-profile election year, the U.S. economy boasts an unemployment rate that is near its lowest level in a half-century.

China's Xi says epidemic 'grim,' calls for action on economy

Joe McDonald, Associated Press  |  Posted Feb 23rd - 8:18am

Warning that China’s virus epidemic is “still grim and complex,” President Xi Jinping called Sunday for more efforts to stop the outbreak, revive industry and prevent the disease from disrupting spring planting of crops.

US 'honor roll' of historic places often ignores slavery

Jay Reeves, Associated Press  |  Posted Feb 23rd - 7:26am

Antebellum Southern plantations were built on the backs of enslaved people, and many of those plantations hold places of honor on the National Register of Historic Places - but don’t look for many mentions of slavery in the government’s official record of places with historic significance.

'Promises kept' mantra doesn't always match Trump's reality

Kevin Freking, Associated Press  |  Posted Feb 23rd - 5:44am

“It's been three years of promises made and promises kept, but we’re just getting started, (insert state here)."

Moscow targets Chinese with raids amid virus fears

Daria Litvinova and Francesca Ebel, Associated Press  |  Posted Feb 23rd - 12:29am

Bus drivers in Moscow kept their WhatsApp group chat buzzing with questions this week about what to do if they spotted passengers who might be from China riding with them in the Russian capital.

Armani to hold runway show in empty theater due to new virus

Colleen Barry, Associated Press  |  Posted Feb 22nd - 10:25am

In a last-minute change, Giorgio Armani is holding his Milan Fashion Week runway show behind closed doors Sunday due to concerns raised by the coronavirus, and instead stream the event from inside the empty showroom.

Probe finds sexual, physical abuse at school for the deaf

The Associated Press  |  Posted Feb 22nd - 10:18am

An investigation has revealed multiple credible allegations of sexual and physical abuse by former faculty and staff spanning decades at a school for deaf children in Connecticut, school officials said Friday.

Debris found in fuel tanks of 70% of inspected 737 Max jets

The Associated Press  |  Posted Feb 22nd - 10:04am

Debris has been found in the fuel tanks of 70% of grounded Boeing 737 Max jets that have been inspected by the company, Boeing confirmed on Saturday.

Key Atlantic Coast Pipeline permit heads to Supreme Court

Denise Lavoie, Sarah Rankin and Alan Suderman, Associated Press  |  Posted Feb 22nd - 8:23am

When plans for the 605-mile Atlantic Coast Pipeline were first unveiled in 2014, supporters of the natural gas project brimmed with enthusiasm and promises.

In Brazil, fear of spreading police protests during Carnival

Diane Jeantet, Associated Press  |  Posted Feb 22nd - 7:41am

A violent police strike in northeastern Brazil has shed light on dissatisfaction among cops elsewhere in the country, with some forces threatening to protest as rowdy Carnival celebrations start.

India, US struggling to bridge trade dispute as Trump visits

Paul Wiseman, Associated Press  |  Posted Feb 22nd - 7:22am

American dairy farmers, distillers and drugmakers have been eager to break into India, the world’s seventh-biggest economy but a tough-to-penetrate colossus of 1.3 billion people.