HONG KONG (AP) — China’s ambition to rival Boeing and Airbus with its homegrown C919 passenger jet is hitting turbulent skies. The C919, made by China’s state-owned COMAC, relies heavily on Western components and trade friction has raised risks for securing those parts. As of October, COMAC had delivered only seven C919s, far short of…… MORE
NEW YORK (AP) — Efforts to back fill some of the cuts to U.S. foreign aid by the Trump administration raised over $125 million in eight months. The sum is more than the organizers of the emergency funds had imagined possible, while still falling far short of the tens of billions cut or frozen with…… MORE
WASHINGTON (AP) — Treasury Secretary Scott Bessent on Monday confirmed the names of five candidates to replace Jerome Powell as chair of the powerful Federal Reserve next year. The names suggest that no matter who is picked, there will likely be big changes coming to the Federal Reserve next year. Bessent, who is leading the…… MORE
President Donald Trump’s administration has canceled, or threatened to cancel, billions of dollars of previously approved federal spending and wants to go after even more funding during the shutdown. But an Associated Press analysis shows courts have hampered his earlier efforts to challenge Congress’ power of the purse. As of early October, court orders were…… MORE
WASHINGTON (AP) — Notices of rising health insurance premiums are landing in voters’ mailboxes and sending some to town halls to vent their frustration. Republicans have offered few answers, saying they won’t negotiate until Democrats end the shutdown. The moment revives a familiar dynamic in a the Republican Party that is united in opposing the…… MORE