Glafiro Guerrero

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US and China halt imposing import tariffs

<b>China and the US say they will halt imposing punitive import tariffs, putting a possible trade war "on hold".</b><p>The deal came after talks in the US aimed at persuading China to buy $200bn (£148bn) of US goods and services and thereby reduce the trade imbalance.<p>US Treasury Secretary Steven Mnuchin did …

Economy

Wall Street's 'Sell in May' could be fading away

NEW YORK (Reuters) - "Sell in May and go away," arguably the most well-worn axiom on Wall Street, has proven to be shrewd advice during previous midterm election years.<p>Though the exact origins of the phrase are a bit murky, up until recently, stocks had underperformed in the six-month period …

Stock Markets

In Familiar Cycle, Trump Laments Texas School Shooting and Vows Action

WASHINGTON — After 17 students and teachers were shot to death at a Florida high school in February, President Trump vowed to challenge both the National Rifle Association and his Republican allies in Congress by taking major action to improve school safety and impose new restrictions on guns.<p>In …

Guns

Chile's bishops resign en masse over sex abuse cover-up

VATICAN CITY (AP) — In the biggest shake-up yet in the Catholic Church's long-running sex abuse scandal, every active Chilean bishop offered to resign Friday over what Pope Francis said was their "grave negligence" in investigating abuse and protecting children.<p>The bishops announced at the end of …

Pope Francis

Pictures of the Week 5.17.18

Global stocks mixed on backdrop of US-China talks

SEOUL, South Korea (AP) — Global stock markets were mixed on Friday as U.S. and Chinese officials held a new round of talks seeking to avert a trade war between the world's two largest economies.<p>KEEPING SCORE: Britain's FTSE 100 fell 0.2 percent to 7,773 a day after closing at a record high, while …

Stock Markets

Man yelling about the President opens fire at Trump golf resort

<b>(CNN) —</b> The man who opened fire early Friday at the Trump National Doral Golf Club had been yelling "anti-Trump ... rhetoric" there, Miami-Dade police Director Juan Perez said.<p>The suspect was identified as Jonathan Oddi, 42, of Doral, Florida. Oddi is in stable condition after police shot him in an …

Donald Trump

‘Bigger than Watergate’: Trump joins push by allies to expose role of an FBI source

President Trump’s allies are waging an increasingly aggressive campaign to undercut the Russia investigation by exposing the role of a top-secret FBI source. The effort reached new heights Thursday as Trump alleged that an informant had improperly spied on his 2016 campaign and predicted that the …

Donald Trump

Oliver North, key figure in Iran-Contra scandal, to become NRA president

The square-jawed lieutenant colonel was a ubiquitous face during the Reagan era.<p>Oliver North, the retired U.S. Marine who was at the center of the Reagan-era Iran-Contra scandal, will become the president of the National Rifle Association, the powerful gun rights group announced on Monday.<p>North …

Oliver North

Sessions vows to prosecute all illegal border crossers and separate children from their parents

Attorney General Jeff Sessions announced Monday that the Justice Department will begin prosecuting every person who illegally crosses into the United States along the Southwest border,a hard-line policy shift focusing in particular on migrants traveling with children.<p>In separate speeches — one in …

Immigration

Capitalism is unfolding exactly as Karl Marx predicted

One hundred and sixty years ago, at a time when the light bulb was not yet invented, Karl Marx predicted that robots would replace humans in the workplace.<p>“[O]nce adopted into the production process of capital, the means of labor passes through different metamorphoses, whose culmination is the …

Karl Marx

Trump administration ends protections for 50,000 Hondurans living in U.S. since 1999

More than 50,000 Hondurans who have been allowed to live and work in the United States since 1999 will have 20 months to leave the country or face deportation, Department of Homeland Security Secretary Kirstjen Nielsen announced Friday, the latest in a series of DHS measures aimed at tightening …

Immigration

Kansas lawmakers pass adoption bill critics say biased against gay couples

(Reuters) - The Kansas Legislature on Friday approved a bill that allows faith-based adoption agencies to turn away gay and lesbian couples based on religious beliefs, and the state's governor said he would sign it.<p>Under the measure, the Kansas Department for Children and Families cannot block any …

Same-Sex Couples

Rudy Giuliani walks back statements about porn star hush money, Comey firing

Rudy Giuliani on Friday walked back statements about a $130,000 hush money payment to porn star Stormy Daniels as well as President Donald Trump's …

Donald Trump

U.S. Payrolls Rise 164,000 While Jobless Rate Falls to 3.9%

U.S. hiring rebounded in April and the unemployment rate dropped below 4 percent for the first time since 2000, while wage gains cooled by more than …

Economy

Warren Buffett just bought a ton more shares of Apple

Warren Buffett is taking a big bite of Apple. Very big.<p>The CEO of Berkshire Hathaway (BRKA) told CNBC on Friday that his company bought about 75 million shares of Apple stock during the first three months of the year. That adds to 165 million shares that Berkshire had at the end of last …

Investing

Toobin: Rudy's interview and Trump's lies create a crisis

<b>(CNN) —</b> Prosecutors have a venerable piece of advice that they often pass along to witnesses. "Always tell the truth," they say, "It's easier to remember."<p>Of course, the main reason witnesses (and everyone else) should tell the truth is because it's the right thing to do. But the advice from …

Donald Trump

United Airlines recruits Josh Earnest as communications chief | Reuters

NEW YORK (Reuters) - United Airlines (UAL.N) has hired former Obama administration press secretary Josh Earnest as chief communications officer, United said on Thursday, as the carrier seeks to recover from a string of public relations missteps.<p>Earnest replaces former communications head Jim Olson, …

United Airlines

US and China kick off talks to avoid a trade war

President Donald Trump's top advisers have arrived in Beijing for two days of talks on how to avoid a trade war between the world's two biggest economies.<p>The United States and China have threatened recently to impose tariffs on tens of billions of dollars of each other's goods, and both sides are …

China

Trump offers explanation on Twitter about how he reimbursed his lawyer to hush porn star

President Trump said Thursday that his longtime lawyer Michael Cohen was reimbursed through a monthly retainer for a $130,000 payment made to porn actress Stormy Daniels in 2016 to stop what Trump called “false and extortionist accusations” about a decade-old affair.<p>In morning tweets, the president …

Donald Trump

Release of Americans held in North Korea 'imminent,' source says

<b>(CNN) —</b> The release of three US nationals currently detained in North Korea is "imminent," according to an official with knowledge of the ongoing negotiations.<p>The official told CNN the North Koreans made the decision to free the Americans two months ago, and that North Korea's Foreign Minister Ri …

North Korea

Giuliani Says Trump Repaid Cohen for Stormy Daniels Hush Money

WASHINGTON — President Trump reimbursed Michael D. Cohen, his longtime personal lawyer, for a $130,000 payment that Mr. Cohen has said he made to keep a pornographic film actress from going public before the 2016 election with her story about an affair with Mr. Trump, according to Rudolph W. …

Donald Trump

Stephen Hawking's final research paper has been published, and it's mind-bending

<b>(CNN) —</b> Stephen Hawking may be among the stars now, but he has managed to gift the world one more research paper, published this week in the Journal of High Energy Physics.<p>True to Hawking's oeuvre, the paper tackles the same questions as any other bubbly beach read: Do we live in a multiverse? Did …

Physics

Fed holds rates steady but points to higher inflation

The Federal Reserve kept its benchmark interest rate unchanged Wednesday but acknowledged that inflation is beginning to creep higher.<p>In a widely …

Economics

Next steps for caravan will unfold mostly out of public view

TIJUANA, Mexico (AP) — Tension between the Mexican government and Central American asylum seekers simmered Wednesday as men, women and children camped in a large plaza for a fourth straight day waiting for U.S. inspectors to process their claims.<p>U.S. Customs and Border Protection had accepted 28 …

Asylum Seekers

Seven States, Led by Texas, Sue to End DACA Program

Opening another front in the battle over immigration policy, Texas and six other states sued the federal government on Tuesday in an attempt to end the Deferred Action for Childhood Arrivals program.<p>The lawsuit — joined by Alabama, Arkansas, Louisiana, Nebraska, South Carolina and West Virginia — …

Immigration

‘The Department of Justice is not going to be extorted’: Rosenstein responds to impeachment threat

Deputy Attorney General Rod J. Rosenstein took aim Tuesday at Republican lawmakers who have drafted articles of impeachment against him, saying that he would not comment on documents “that nobody has the courage to put their name on” and asserting that he will not change his behavior in the face of …

Donald Trump

Cold snap for U.S. April auto sales instead of spring thaw

DETROIT (Reuters) - Most major automakers on Tuesday posted lower new U.S. vehicle sales for April as consumer demand continued to weaken and competition intensified following a lengthy boom for the industry.<p>According to Autodata, the seasonally adjusted annual rate of sales for April hit 17.15 …

General Motors

Trump Extends Relief, Confusion as Allies Given Tariff Reprieve

President Donald Trump drew short shrift from key economic allies after he offered a second temporary exemption on metal-import tariffs rather than …

Economy

Trump delays steel and aluminum tariffs for Canada, Mexico and European Union, pulling back on major trade threat

President Trump at the last minute on Monday evening announced he would again postpone imposing tariffs on steel and aluminum imports from Canada, Mexico and the European Union, the White House said, pushing off a key economic decision while he tries to prod foreign leaders into making …

Economy