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Business

Wednesday 08/21/2019
Solid earnings from major US retailers drive stocks higher

Strong earnings reports from several big retailers helped drive stocks broadly higher on Wall Street Wednesday, placing the market on track to recover most of its losses from the day before.

Germany's Merkel dangles possibility of negotiated Brexit

BERLIN (AP) — German Chancellor Angela Merkel raised the possibility that a negotiated departure for Britain from the European Union might still be possible even as the clock is ticking on a deal that would satisfy both sides.

Report shows US deficit to exceed $1 trillion next year

WASHINGTON (AP) — The federal budget deficit is expected to balloon to more than $1 trillion in the next fiscal year under the first projections taking into account the big budget deal that President Donald Trump and Congress reached this summer, the Congressional Budget Office reported Wednesday.

Trump signs student debt forgiveness for disabled veterans

LOUISVILLE, Ky. (AP) — Student loan debt held by disabled veterans will be forgiven under an order signed Wednesday by President Donald Trump.

Retailers' results show sharp divide between losers, winners

NEW YORK (AP) — The divide between retail winners and losers is widening.

Cost of spherical Vegas Strip venue put at $1.2 billion-plus

LAS VEGAS (AP) — Company and project officials are estimating the costs of a spherical entertainment venue under construction on the Las Vegas Strip at between $1.2 billion and $1.7 billion.

Fed minutes: Panel widely divided on interest rates at July meeting, with two officials pushing for bigger cut

WASHINGTON (AP) — Fed minutes: Panel widely divided on interest rates at July meeting, with two officials pushing for bigger cut.

Pentagon cancels billion-dollar missile defense project

WASHINGTON (AP) — The Pentagon is pulling the plug on a billion-dollar, technically troubled project to build a better weapon to destroy incoming missiles. The move is aimed in part at considering new approaches to missile defense at a time of rapid technological change.

The Latest: Farm chief warns UK that EU will not be divided

BERLIN (AP) — The Latest on Britain's plan to leave the European Union (all times local):

US has 501,000 fewer jobs than first reported

WASHINGTON (AP) — The U.S. job market isn't quite as strong as originally believed — with revised figures showing that the economy had 501,000 fewer total jobs this March than initially reported.

Iran moves to strike 4 zeroes from its battered currency

TEHRAN, Iran (AP) — Iran's president sent a bill to parliament Wednesday that would cut four zeroes from the value of the Islamic Republic's sanctions-battered currency, the rial, as tensions remain high between Tehran and Washington.

Shootings raise level of alarm at small businesses

NEW YORK (AP) — At a four-hour meeting last month, Michelle Abdow's staffers got to experience some of the sights, sounds and even smells they could encounter if someone invaded their office and began shooting.

Portuguese truckers plan new strike, risking gas supplies

LISBON, Portugal (AP) — Portuguese tanker truck drivers have announced a new walkout, just days after returning to work and resuming talks with employers in a pay dispute.

US home sales rose 2.5% in July, aided by low mortgage rates

WASHINGTON (AP) — U.S. home sales increased 2.5% in July, a sign that lower mortgage rates have produced a spurt of home-buying.

France's Macron seeks to be a mediator in G-7 hard times

PARIS (AP) — French President Emmanuel Macron hosts the G-7 summit this weekend fresh off a meeting with Russia's Vladimir Putin, hoping to maintain his image as a global mediator at a time of deep political and economic insecurity in the world and despite President Donald Trump's open disdain for multilateral talks.

China says it will sanction US firms in Taiwan warplane sale

BEIJING (AP) — China said Wednesday that it will levy sanctions against U.S. companies linked to a planned $8 billion sale of advanced F-16V fighter jets to Taiwan in a move that has further strained Sino-American relations.

Target thrives in intense retail environment

NEW YORK (AP) — Target topped expectations in just about any way measureable during the second quarter as it pushed faster delivery for customers and invested heavily in new private label brands.

Germany charges Russian for violating trade embargo

BERLIN (AP) — Germany's federal prosecutor has charged a Russian citizen for crimes against the foreign trade law because he allegedly exported technology and chemicals to Russia that fall under an embargo.

Strike by Ryanair cabin crew in Portugal has little impact

LISBON, Portugal (AP) — A strike by Portuguese cabin crew working for budget airline Ryanair is causing little impact, with only some minor delays reported.

Beijing appeals to US to 'meet China halfway' on trade

BEIJING (AP) — Beijing appealed to Washington on Wednesday 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.

Global stocks mostly rise ahead of US Fed release

BEIJING (AP) — Global stock markets were back in positive territory Wednesday as investors looked ahead to a speech by the Federal Reserve chairman for signs of possible plans for more U.S. interest rate cuts.

Trump acknowledges China policies may mean US economic pain

WASHINGTON (AP) — President Donald Trump acknowledged his aggressive China trade policies may mean economic pain for Americans but insisted they're needed for more important long-term benefits. He contended he does not fear a recession but is nonetheless considering new tax cuts to promote growth.

Tuesday 08/20/2019
Asian stocks follow Wall Street lower before US Fed release

BEIJING (AP) — Asia stock markets followed Wall Street lower Wednesday as investors looked ahead to a speech by the Federal Reserve chairman for signs of possible plans for more U.S. interest rate cuts.

'America's Got Talent' continues summer dominance for NBC

NEW YORK (AP) — "America's Got Talent" wasn't content with just the top spot in the Nielsen company's rankings of the most popular television programs last week. This time it took the top two.

Suspect in huge Capital One breach seeks release from jail

SEATTLE (AP) — Lawyers for a transgender woman charged in a massive data breach at Capital One asked a judge Tuesday to release her from federal custody, saying that for her to remain jailed with men is a serious threat to her mental health.

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pets

Having a pet is a lot of responsibility, and we’ll help by giving you lots of tips and tricks! More >>

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Our fitness articles will help teach you how to work out with gym- and home-based exercises. More >>

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Enjoy the crosswords challenge in our free daily puzzles, from the harder Sunday crossword to the quicker daily. More >>

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Every Sudoku has a unique solution that can be reached logically. Enter numbers into the blank spaces so that each row, column and 3x3 box contains the numbers 1 to 9. More >>