Economic Indicators

Three days before a U.S.-China summit, the top U.S. trade official is blasting Beijing for imposing "egregious" taxes on American-made cars.

Gov. Andrew Cuomo said he and President Donald Trump had a "productive" meeting Wednesday to discuss one of the Northeast's most pressing transportation needs: a new rail tunnel under the Hudson River.

Australian Army veteran Wolfgang Neszpor was stunned when he heard his recently repaired shoulder squeak.

___ Stocks surge as Powell hints at slower interest rate hikes NEW YORK (AP) — U.S. stocks made their biggest gain in eight months after Federal Reserve Chairman Jerome Powell hinted that the Fed might be willing to raise interest rates at a slower pace next year.

New Zealand's international spy agency has banned mobile company Spark from using Huawei equipment in its planned 5G upgrade, saying it posed a "significant network security risk."

U.S. stocks rocketed to their biggest gain in eight months Wednesday after Federal Reserve Chairman Jerome Powell hinted that the Fed might not raise interest rates much further.

Jerome Powell, the man President Donald Trump chose last year to lead the Federal Reserve, may at times think he's living through a prolonged episode of the "The Apprentice," the reality TV show in which Trump was famous for declaring, "You're fired!"

General Motors is moving to shut down as many as five North American factories in a major restructuring, but there are more than jobs riding on the fate of at least one of them: Ohio's Lordstown assembly plant.

Facebook is cautiously expanding a feature that shows people local news and information, including missing-person alerts, road closures, crime reports and school announcements.

U.S. stocks are back in black for the year.

The latest on developments in financial markets (all times local): 9:35 a.m.

President Donald Trump tested the limits of his presidential authority and political muscle as he threatened to cut off all federal subsidies to General Motors because of its planned massive cutbacks in the U.S. Trump unloaded on Twitter on Tuesday, a day after GM announced it would shutter five plants and slash 14,000 jobs in North America.

The company is expected to lay off 15 percent of its North American salaried workforce.

Police in Greece say they have arrested 63 people accused of running a major gold smuggling operation, using a network of pawn shops that rapidly expanded during the country's severe financial crisis.

Organizers say they are scrapping the annual CEBIT computer show in Germany, an event that has drawn tech enthusiasts to Hannover for more than three decades.

About one-third of respondents said the threats to the economy were prompting them to save more money.

Russia said on Wednesday it still expects a meeting between President Vladimir Putin and President Donald Trump to go ahead as planned.

Spain has rolled out the red carpet for visiting Chinese President Xi Jinping, who is seeking global allies amid souring trade clashes with Washington.

Diners are willing to pay more at Manhattan's upscale Gotham Bar and Grill, but price increases these days aren't about snob appeal — the restaurant is contending with higher costs, particularly from rising wages.

Dow rises 500 points as Federal Reserve chairman suggests central bank might consider pause in interest rate hikes.