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Moody’s cuts China rating citing rising debt, slowing growth

BEIJING (AP) - China has criticized a decision by the Moody's rating agency to cut its rating for Chinese government debt and defended Beijing's...

Trump budget keeps pledges: Cuts for poor, more for military

WASHINGTON (AP) - President Donald Trump fulfilled a major campaign promise Tuesday, proposing a $4.1 trillion budget plan that would upend Washington in a...

Stocks clawing back more lost ground with 4th straight gain

NEW YORK (AP) - US stocks are clawing back more of the ground they lost last week and approaching record high levels Tuesday. Banks...

US new-home sales drop 11.4% in April, most in 2 years

WASHINGTON (AP) - U.S. sales of new homes last month registered the biggest drop in more than two years.The Commerce Department said Tuesday that...

Trump budget: More for the military, less for the poor

WASHINGTON (AP) - President Donald Trump on Tuesday sent Congress a $4.1 trillion federal spending plan that promises faster economic growth and steep cuts...