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FILE - In this Sept. 16, 2014, file photo, a Taiwan Air Force F-16 fighter jet takes off from a closed section of highway during the annual Han Kuang military exercises in Chiayi, central Taiwan.  China said Wednesday, Aug. 21, 2019, that it will levy sanctions against U.S. firms linked to plans for an U.S. dollars 8 billion sale of F-16 fighters to Taiwan in a move that has further strained Sino-American relations. (AP Photo/Wally Santana, File)
China 'will not sit idly by' over US arms sale to TaiwanA senior Chinese officer says the country "will not sit idly by" if the U.S. proceeds with a sale of advanced F-16V fighter jets to Taiwan, and warned of other potential countermeasures in addition to punishing foreign firms involved in the deal
The Associated Press1 hour ago
FILE - In this July 18, 2019, file photo, shipping containers are loaded onto a cargo ship at a port in Nantong in eastern China's Jiangsu province. Beijing appealed to Washington on Wednesday, Aug. 21, to "meet China halfway" and end a tariff war after President Donald Trump said Americans might need to endure economic pain to achieve longer-term benefits. (Chinatopix via AP)
China warns US tariffs will 'escalate trade friction'China appeals to Washington to 'meet each other halfway' and settle a tariff war, warns planned U.S. tariff hikes will 'escalate trade friction'
The Associated Press1 hour ago
FILE - In this July 31, 2019, file photo Federal Reserve Chairman Jerome Powell speaks during a news conference following a two-day Federal Open Market Committee meeting in Washington. On Wednesday, Aug. 21, the Federal Reserve releases minutes from its July meeting when it cut its key interest rate for the first time in a decade. (AP Photo/Manuel Balce Ceneta, File)
Trump flip-flops on tax cuts, citing 'strong economy'President Donald Trump says he has abandoned the idea of cutting taxes to promote economic growth because the nation already has "a strong economy."
The Associated Press3 hours ago
President Donald Trump waves to the crowd after arriving on Air Force One at Louisville International Airport in Louisville, Ky., Wednesday, Aug. 21, 2019. Trump is in town to speak at the American Veterans (AMVETS) 75th National Convention. (AP Photo/Susan Walsh)
Report shows US deficit to exceed $1 trillion next yearThe Congressional Budget Office says the federal budget deficit is expected to balloon to more than $1 trillion in the next fiscal year
The Associated Press3 hours ago
In this photo taken Monday, July 22, 2019, Ivan Montoya, left, of Flannery Seafood, holds up chinook salmon after it was brought in by Ron Kemp, right, at Fisherman's Wharf in San Francisco. California fishermen are reporting one of the best salmon fishing seasons in more than a decade, thanks to heavy rain and snow that ended the state's historic drought. It's a sharp reversal for chinook salmon, also known as king salmon, an iconic fish that helps sustain many Pacific Coast fishing communities.(AP Photo/Eric Risberg)
Off the hook: California king salmon rebounds after droughtCalifornia fishermen are reporting one of the best salmon fishing seasons in years, thanks to heavy rain and snow that ended the state's historic drought
The Associated Press4 hours ago
Two screens showing the Korea Composite Stock Price Index (KOSPI), left, and the foreign exchange rate between U.S. dollar and South Korean won are seen at the foreign exchange dealing room in Seoul, South Korea, Thursday, Aug. 22, 2019. Asian stock markets are mixed Thursday following Wall Street’s rebound as investors looked ahead to a speech by the U.S. Federal Reserve chairman for clues about possible interest rate cuts. (AP Photo/Lee Jin-man)
Asian stocks mixed after Wall Street reboundAsian stocks mixed after Wall Street gains as investors look ahead to Fed chairman's speech
The Associated Press5 hours ago
In this July 25, 2019, photo, a worker walks past a cargo train bound for Europe at a train station in Dalian in northeastern China's Liaoning Province. Authorities in China's rust-belt region are looking for support for its revival from Beijing's multibillion-dollar initiative to build ports, railways and other projects abroad. (AP Photo/Olivia Zhang)
China's rust belt looks abroad as growth slows, tariffs biteChina's northeastern rust-belt region is trying to capitalize on the government's Belt and Road Initiative to build ports, railways and other projects abroad
The Associated Press6 hours ago
FILE - In this June 27, 2017, file photo, Jerred Kiloh, owner of the licensed medical marijuana dispensary Higher Path, stocks shelves with with cannabis products in Los Angeles. Weedmaps a major online pot shop directory and cannabis marketplace announced Wednesday, Aug. 21, 2019, that it will no longer allow black-market businesses to advertise on its site, a decision that could boost California's efforts to rein in its vast illegal market. Kiloh, who heads the United Cannabis Business Association, an industry group, projected that half of California's illegal operations could dry up once they are denied access to Weedmaps ads. (AP Photo/Jae C. Hong, File)
Weedmaps to stop advertising unlicensed pot businessesThe major online pot shop directory and cannabis marketplace Weedmaps says it will no longer allow unlicensed marijuana businesses to advertise on its site
The Associated Press8 hours ago
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