Money & Markets

FILE - In this July 27, 2016, file photo, Neera Tanden, president of the Center for American Progress, speaks at the Democratic National Convention in Philadelphia. A major liberal policy group is raising the ante on the health care debate with a new plan that builds on Medicare to guarantee coverage for all. Called “Medicare Extra for All,” the proposal to be released Feb. 22, 2018, by the Center for American Progress gives politically energized Democrats more options to achieve a long-sought goal. (AP Photo/J. Scott Applewhite, File)

Beyond ‘Obamacare’: New liberal plan on health care overhaul

WASHINGTON — A major liberal policy group is raising the ante on the health care debate with a new plan that builds on Medicare to guarantee coverage for all. Called "Medicare Extra for All," the proposal to be released Thursday by the Center for American Progress gives politically ...

The eldest son of U.S. President Donald Trump, Donald Trump Jr., second from right,  poses with promoters of Trump Towers Pankaj Bansal, left, Basant Bansal of M3M developers and Kalpesh Mehta, right, of Tribeca developers at a photocall in New Delhi, India, Tuesday, Feb. 20, 2018.  Trump Jr.  is in India to help sell luxury apartments and lavish attention on wealthy Indians who have already bought units in a string of Trump-branded developments. (AP Photo/Manish Swarup)

Luxury property ad blitz heralds Donald Trump son’s visit to India

NEW DELHI — "Trump has arrived. Have you?" shout the barrage of glossy front-page advertisements in almost every major Indian newspaper. The ads, which have run repeatedly in the past few days, herald the arrival not of the American president but of his eldest son, Donald Trump Jr., who is ...

The court overturned the existing boundaries in a gerrymandering case.

Pennsylvania’s new congressional map could boost Democrats

HARRISBURG, Pa. — Pennsylvania's high court imposed a new congressional district map for the state's 2018 elections on Monday, potentially giving Democrats a boost in their quest to capture control of the U.S. House unless Republicans can to stop it in federal court. The map of ...

In this Jan. 26, 2018 photo, people skate at the Campus Martius ice rink in Detroit. Some cities and regions are dangling racial diversity along with positive business climates, competitive tax rates and available land in pitches to lure tech companies and high-paying jobs to town. Places such as Pittsburgh, Philadelphia and Detroit are touting their populations of people of color to chief executives and other corporate officials as part of being open for business. (AP Photo/Carlos Osorio)

Cities pitching diversity in efforts to lure businesses

cial diversity along with positive business climates, competitive tax rates and available land in pitches to lure tech companies and high-paying jobs to town. Places such as Pittsburgh, Philadelphia and Detroit are touting their populations of people of color to chief executives and other ...

Facebook to verify ads with postcards after Russian meddling

MENLO PARK, Calif. (AP) — Facebook will soon rely on centuries-old technology to try to prevent foreign meddling in U.S. elections: the post office. Baffled in 2016 by Russian agents who bought ads to sway the U.S. presidential campaign, Facebook's global politics and government outreach ...

President Donald Trump speaks in the Diplomatic Room at the White House, in Washington, Thursday, Feb 15, 2018, about the tragic school shooting in Parkland, Fla. (AP Photo/Carolyn Kaster)

Budget undercuts Trump focus on mental health, school safety

WASHINGTON — President Donald Trump is calling for a focus on mental health and school safety in response to shootings like the one that took 17 lives in Florida, but his budget would cut funding in both areas. Trump's latest budget would slash the major source of public funds for mental ...

Michael Catania, vice president of product development, looks a patient samples in a cold storage area at Banyan Biomarkers Tuesday, Feb. 13, 2018, in San Diego. The company is developing a blood test to help doctors diagnose traumatic brain injuries. (AP Photo/Denis Poroy)

First blood test to help diagnose brain injuries gets US OK

CHICAGO — The first blood test to help doctors diagnose traumatic brain injuries has won U.S. government approval. The move means Banyan Biomarkers can commercialize its test, giving the company an early lead in the biotech industry's race to find a way to diagnose concussions. The test ...

Premier League TV growth halted as UK rights sold for $6bn

LONDON — The Premier League's inflationary bubble burst Tuesday when the $6 billion sale of British television rights produced a drop in the value of matches. The past two domestic deals both produced 70 percent jumps in the value of rights, fueling spiraling wages and transfer fees and ...

The President's FY19 Budget is on display after arriving on Capitol Hill in Washington, Monday, Feb. 12, 2018. (AP Photo/Susan Walsh)

Trump’s budget balloons deficits

WASHINGTON — President Donald Trump unveiled a $4.4 trillion budget plan Monday that envisions steep cuts to America's social safety net but mounting spending on the military, formally retreating from last year's promises to balance the federal budget. The president's spending outline for ...

A budget the likes of which the Pentagon has never seen

the Associated Press WASHINGTON — It's the biggest budget the Pentagon has ever seen: $700 billion. That's far more in defense spending than America's two nearest competitors, China and Russia, and will mean the military can foot the bill for thousands more troops, more training, more ...

Midnight shutdown creeps closer

WASHINGTON — With a midnight government shutdown creeping closer, both Republicans and Democrats grappled with internal party divisions as they tried to push through a massive budget deal Thursday night. Frustrations mounted — and the risk of a shutdown increased — as GOP Sen. Rand Paul ...

Budget plan’s $1 trillion deficit sours some Republicans

WASHINGTON — Republicans rode the tea party wave to power eight years ago on a message of fiscal responsibility and attacking budget deficits, and kept at it during President Barack Obama's two terms. That was then. The Republican-led Congress on Thursday was rounding up support for a ...

FILE- This March 15, 2016, file photo shows casino mogul Steve Wynn during a news conference in Medford, Mass. Facing investigations by gambling regulators and allegations of sexual misconduct, Wynn has stepped down as chairman and CEO of the resorts bearing his names. The Las Vegas-based Wynn Resorts in a statement said Wynn's resignation Tuesday, Feb. 6, 2018, was effective immediately. Wynn has vehemently denied the report's allegations. (AP Photo/Charles Krupa, File)

Wynn case raises questions about responsibility to investors

NEW YORK — The scandal that forced the resignation of Steve Wynn as chairman and CEO of the casino and resorts company bearing his name is raising questions about the obligation of corporations to disclose sexual misconduct allegations to their investors — an issue complicated by a web of ...

Senate Minority Leader Chuck Schumer, D-N.Y., flanked by Sen. Brian Schatz, D-Hawaii, left, and Sen. Bob Casey, D-Pa., speaks with reporters as work continues on a plan to keep the government open as a funding deadline approaches, at the Capitol in Washington, Tuesday, Feb. 6, 2018. (AP Photo/J. Scott Applewhite)

Shutdown less likely as Senate closes in on budget agreement

WASHINGTON — Buoyed by the sudden likelihood of a budget pact, lawmakers are on track avoid a repeat of last month's government shutdown — though President Donald Trump unexpectedly raised the possibility of closing things down again if he can't have his way on immigration. "I'd love to ...

Markets waited a while for a pullback. Then, pow!

NEW YORK — The long, smooth, record-setting ride on Wall Street is over. The stock market pullback that experts had been saying was long overdue has finally come. Investor fears about higher interest rates escalated into rapid, computer-generated selling Monday that wiped out all the ...

U.S. Secretary of State Rex Tillerson, left, and Argentine Foreign Minister Jorge Faurie shake hands after giving joint news conference in Buenos Aires, Argentina, Sunday, Feb. 4, 2018. Tillerson is on a weeklong trip to Latin America. (AP Photo/Sebastian Pani)

Tillerson says US considers Venezuela oil sale restrictions

BUENOS AIRES, Argentina — Secretary of State Rex Tillerson said Sunday that the U.S. is still considering restricting the sale of oil from crisis-torn Venezuela. Tillerson said in Argentina's capital that the U.S. wants "free, fair, and verifiable elections" in Venezuela, and wants to apply ...

FILE - This Tuesday, July 19, 2016, file photo shows the Google logo at the company's headquarters in Mountain View, Calif. Google parent Alphabet Inc. reports earnings Thursday, Feb. 1, 2018. (AP Photo/Marcio Jose Sanchez, File)

Google’s AI push comes with plenty of people problems

MENLO PARK, Calif. — Google CEO Sundar Pichai recently declared that artificial intelligence fueled by powerful computers was more important to humanity than fire or electricity. And yet the search giant increasingly faces a variety of messy people problems as well. The company has vowed ...

Amazon’s quarterly profit tops $1 billion

NEW YORK — It was a prime holiday season for Amazon: The online retailer's quarterly profit soared past $1 billion for the first time in its more than 20-year history as it sold more voice-activated gadgets, enlisted new Prime members and benefited from its recent purchase of Whole ...

FILE - In this March 9, 2015 file photo, Apple CEO Tim Cook talks about the iPhone 6 and iPhone 6 Plus during an Apple event in San Francisco. U.S. authorities are investigating Apple’s slowing of older iPhones, according to published reports. The Wall Street Journal and Bloomberg reported Tuesday, Jan. 30, 2018, that the Department of Justice and the Securities and Exchange Commission are probing whether Apple violated securities laws. (AP Photo/Eric Risberg, File)

Apple to respond to US probes into slowdown of old iPhones

SAN FRANCISCO — Apple is cooperating with U.S. government inquiries into its secret slowdown of older iPhones, further complicating its efforts to move past an issue that irked customers whose devices bogged down. The company acknowledged the probes late Tuesday after both The Wall Street ...

This combination of photos from left shows Warren Buffett on Sept. 19, 2017, in New York, Jeff Bezos, CEO of Amazon.com, on Sept. 24, 2013, in Seattle and JP Morgan Chase Chairman and CEO Jamie Dimon on July 12, 2013, in New York. Buffett’s Berkshire Hathaway, Amazon and the New York bank JPMorgan Chase are teaming up to create a health care company announced Tuesday, Jan. 30, 2018, that is "free from profit-making incentives and constraints." (AP Photos)

Amazon, Buffett and JPMorgan join forces on health care

Three of corporate America's heaviest hitters — Amazon, Warren Buffett and JPMorgan Chase — sent a shudder through the health industry Tuesday when they announced plans to jointly create a company to provide their employees with high-quality, affordable care. The announcement was short on ...