• Michael Kors ups the glamour, buys Versace for $2 billion

    NEW YORK (AP) — Michael Kors is buying the Italian fashion house Versace in a deal worth more than $2 billion (1.83 billion euros), continuing its hard charge into the world of high-end fashion.

    Updated: 8:07 am

  • Hopis asking feds to explore other options for power plant

    KYKOTSMOVI, Ariz. (AP) — Hopi tribal officials are calling on the federal government to explore other options for the Navajo Generating Station near Page.

  • China official says talks impossible with ‘US holding knife’

    BEIJING (AP) — China cannot hold talks with Washington on ending their escalating trade dispute while the United States “holds a knife” to Beijing’s neck by imposing tariff hikes, a Chinese official said Tuesday.

  • Global stocks slip after US and China impose new tariffs

    BEIJING (AP) — Asian stock markets were mostly lower Tuesday after a Chinese government report accusing the Trump administration of bullying other countries dampened hopes for a settlement in their escalating tariff war.

    Updated: 10:49 pm

  • EU, Iran set financial “vehicle” to ease trade between them

    UNITED NATIONS (AP) — Five world powers and Iran agreed late Monday to establish a financial facility in the European Union to facilitate payments for Iranian imports and exports including oil, a key move sought by Tehran following the U.S. pullout from the 2015 nuclear deal and its re-imposition of sanctions.

  • President Trump, South Korean President Moon sign trade agreement in first major pact for Trump trade agenda

    NEW YORK (AP) — President Trump, South Korean President Moon sign trade agreement in first major pact for Trump trade agenda.

  • AP review: Drug prices keep going up despite Trump pressure

    NEW YORK (AP) — President Donald Trump made reducing drug prices a key promise during his election campaign, repeatedly accusing drugmakers of “getting away with murder.” At the end of May, he promised that drug companies would be announcing “massive” voluntary drug price cuts within two weeks.

  • Fed’s 3rd hike this year expected despite rising trade risks

    WASHINGTON (AP) — The Federal Reserve is set this week to raise interest rates for a third time this year to prevent the economy from growing too fast. But with President Donald Trump’s trade fights posing a risk to the U.S. economy, the Fed may soon be ready to slow its hikes.

  • Side effect of trafficking law: More street prostitution?

    NEW YORK (AP) — Recent crackdowns targeting the sex-for-hire industry have reduced the number of commercial ads on the internet and helped fight online trafficking. But activists and police say the efforts may have had unintended consequences — landing women and girls back on the streets, where dangers also lurk.

  • China hikes tariffs on US imports as trade row intensifies

    BEIJING (AP) — China and the United States imposed new tariff hikes on each other’s goods Monday and Beijing accused Washington of bullying, giving no sign of compromise in an intensifying battle over technology that is weighing on global economic growth.