Economic Indicators

The import tariffs imposed by President Donald Trump are boosting the cost of building a home by thousands of dollars, and that's adding to the challenges of people trying to rebuild from California's wildfire and other disasters.

Turkey's president is blaming the country's economic downturn on the United States and other nations that he claims are waging "war" against his country.

Spokane, Washington, has long been in Seattle' shadow.

The Turkish currency has plunged to an all-time low amid concerns over the president's economies policies persisted and as a dispute with the United States showed no sign of subsiding.

U.S. stocks are skidding Friday morning after a sharp drop in Europe as investors worried about the financial stability of Turkey.

Two unions representing about 1,000 Consolidated Communications workers in Maine, New Hampshire and Vermont have approved three-year contracts, their first under the Illinois-based company, officials said Friday.

The federal government recorded a $76.9 billion deficit in July, with increased government spending and tax cuts keeping the country on track to record its biggest annual deficit in six years.

Senate Majority Leader Mitch McConnell has praised President Donald Trump's tough trade actions against China and says any efforts by Congress to block the president's use of tariffs would likely "not be achievable."

The Latest on Turkey's financial turmoil (all times local): 11:40 a.m.

Russia's prime minister has sternly warned the United States against ramping up sanctions, saying that Moscow will strike back with economic, political and unspecified "other" means.

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

Among the stories Friday from The Associated Press: FRIDAY FOR SATURDAY TOP STORIES: TURKEY-ECONOMY-THE LATEST — President Donald Trump says he's just authorized the doubling of steel and aluminum tariffs "with respect to Turkey."

Turkey says President Erdogan has held phone call with Russia's Putin to discuss economic ties amid market turmoil.

CPI rose 0.2 percent, matching the estimate.

China's auto sales shrank by 5.3 percent in July from a year earlier as SUV demand sagged, adding to signs of economic malaise amid a tariff battle with Washington.

Britain's economy accelerated in the second quarter as warmer weather fueled construction and consumer spending after snow and ice curtailed activity in March.

South Korea said a total of 35,000 tons of North Korean coal and pig iron worth $5.8 million illegally entered its ports last year, in possible violations of UN sanctions.

Japan reports its economy resumed its longtime expansion in the last quarter as consumers and businesses stepped up spending.

Euro Pacific Capital CEO Peter Schiff warns the U.S. economy is headed toward a “massive recession.”

The company planning an oil refinery near Theodore Roosevelt National Park in western North Dakota is asking state regulators to dismiss a complaint filed by environmental groups over the site.