David McHugh and Veselin Toshkov, Associated Press | Posted
May 23rd - 8:19am
Bulgaria has hit a setback to its hopes of soon becoming a member of the shared euro currency after the European Central Bank said the EU's poorest country needs "wide-ranging" reforms to get its economy in shape.
Marley Jay, Associated Press | Posted
May 23rd - 8:14am
U.S. stocks are falling Wednesday morning after a weak finish the day before, and energy and industrial companies are taking some of the worst losses. Investors are concerned about the European economy after a measure of business activity fell to an 18-month low in May. Target is sliding after big investments in its operations cut into its first-quarter profit while jewelry company Tiffany is climbing after a strong report.
Angela Charlton and Sylvie Corbet, Associated Press | Posted
May 23rd - 7:52am
French President Emmanuel Macron is taking on Facebook CEO Mark Zuckerberg and other internet giants at a Paris meeting to discuss tax and data protection and how they could use their global influence for the public good.
Tami Abdollah, Associated Press | Posted
May 23rd - 7:30am
First came news that a Chinese government-owned company had signed on to help build an Indonesian project that will include a Donald Trump-branded hotel and golf course. Then, days later, the president tweeted that his administration would ease sanctions against a Chinese smartphone maker accused of espionage. "Too many jobs in China lost," he wrote.
China's government pledged Wednesday to work conscientiously with Washington ahead of a visit by U.S. Commerce Secretary Wilbur Ross to Beijing to work on resolving a sprawling trade dispute between the world's two biggest economies.
Marcy Gordon, Associated Press | Posted
May 23rd - 6:20am
President Donald Trump indicated Wednesday that he's eager to sign a bill that would dismantle a chunk of the rules framework for banks, installed to prevent recurrence of the 2008 financial crisis that brought millions of lots jobs and foreclosed homes.