• Lawmaker opposition casts doubt on new St. Louis stadium

    JEFFERSON CITY, Mo. (AP) — Missouri’s legislative budget leaders said they oppose spending taxpayer money on a new St. Louis football stadium, casting serious doubts on whether supporters can cobble together enough money for the facility before an approaching NFL vote on whether to relocate the Rams.

  • Whistleblower wants possible tax scam victims warned

    LAS CRUCES, N.M. (AP) — The whistleblower in a county tax scam wants county commissioners to warn the potential victims.

  • In this Aug. 20, 2015 file photo, Defense Secretary Ash Carter speaks during a news conference at the Pentagon. New Defense Department guidelines allow commanders to punish journalists and treat them as "unprivileged belligerents" if they believe journalists are sympathizing or cooperating with the enemy.  (AP Photo/Manuel Balce Ceneta, File)

    DoD manual allows journalists to be held as ‘belligerents’

    WASHINGTON (AP) — New Defense Department guidelines allow commanders to punish journalists and treat them as “unprivileged belligerents” if they believe journalists are sympathizing or cooperating with the enemy.

  • A man holds a child near the logo for Citic Securities in Beijing on Wednesday, Aug. 26, 2015. Employees of state-owned Citic Securities Ltd, one of China's biggest securities firms and one current and one former employee of its market regulator are under investigation on suspicion of illegal stock trading, state media reported Wednesday, amid the collapse of a stock price boom.(AP Photo/Ng Han Guan)

    China probing brokers, regulators for possible stock crimes

    BEIJING (AP) — Employees of one of China’s biggest securities firms and one current and one former employee of its market regulator are under investigation on suspicion of illegal stock trading, state media reported Wednesday, amid the collapse of a stock price boom.

  • In this Aug. 22, 2015 file photo, Chinese President Xi Jinping attends the opening ceremony of the World Athletics Championships at the Bird's Nest stadium in Beijing.  Despite growing anger among retail investors and a strong sense of economic decline, a major shakeup is unlikely, given the rigidity of the political system, the leadership’s need to exude calm and the idea that changes could be perceived as signs of weakness or error.  Having accumulated more power than any Chinese leader in 20 years, President Xi is expected to stay the course in hopes that the market will correct itself and the economy returns to an even keel.  (AP Photo/Lee Jin-man, File)

    China’s Xi staying the course despite sliding economy

    BEIJING (AP) — What does China’s leadership lose politically as a result of the country’s precipitous stock market decline? A bit of international swagger, but probably not much else — for now.

  • In this July 23, 2015 photo, Efrem Garza stands before his new home built on the lot of his previous house that was destroyed by Hurricane Katrina and holds a photograph taken by a friend of the remains of that house on South Seashore Avenue in Long Beach, Miss. Before the storm Garza was surrounded by houses and trees, now 10 years later, there are only two houses on that land, as few of the residents returned and rebuilt. (AP Photo/Rogelio V. Solis)

    On Mississippi’s shore, what Katrina erased not yet replaced

    LONG BEACH, Miss. (AP) — Between Mississippi’s seashore and the railroad tracks a little ways inland, where Hurricane Katrina all but erased a neighborhood 10 years ago, Efrem Garza and a handful of other homeowners are still resettling a frontier.

  • A bank clerk counts renminbi banknotes in a bank branch in Huaibei in central China's Anhui province Wednesday Aug. 26, 2015.   Asian stocks rose Wednesday after a rocky start following Beijing's decision to cut a key interest rate to help stabilize gyrating financial markets and free up more funding to counter short liquidity. (Chinatopix Via AP) CHINA OUT

    Asian stocks post modest gains after China rate cut

    NEW YORK (AP) — U.S. stocks are opening sharply higher Wednesday after slumping for six straight days amid concern that growth in China was slowing more quickly than previously thought.

  • A Chinese investor monitors stock prices at a brokerage house in Beijing, Tuesday, Aug. 25, 2015.  China's main stock market index has fallen for a fourth day, plunging 7.6 percent to an eight-month low.  (AP Photo/Mark Schiefelbein)

    Beijing appears to wind down share-buying _ now what?

    BEIJING (AP) — China’s leaders are winding down a strategy of trying to push up slumping stock prices by spending billions of dollars to buy shares.

  • CORRECTS TITLE TO: BUREAU OF LABOR STATISTICS COMMISSIONER, WHEN THE PHOTO WAS TAKEN - In this Oct. 2, 2009 file photo, then-Bureau of Labor Statistics Commissioner, now Congressional Budget Office Director Keith Hall testifies on Capitol Hill in Washington, Friday, Oct. 2, 2009. Congress’ official budget analyst projected Tuesday that this year’s federal deficit will drop to $426 billion, the lowest shortfall of Barack Obama’s presidency. But the annual summertime update by the nonpartisan Congressional Budget Office also contained words of warning. It cautioned that without action by lawmakers, annual federal deficits will surge upward again later this decade and spike back above $1 trillion in 2025. (AP Photo/Evan Vucci, File)

    Hill analysts lower 2015 budget deficit forecast to $426B

    WASHINGTON (AP) — An unforeseen flood of revenue is shrinking federal deficits to the lowest level of President Barack Obama’s tenure, Congress’ nonpartisan budget adviser said Tuesday. But in a report that will fuel both parties in their autumn clash over spending, the analysts also warned that perilously high shortfalls will roar back unless lawmakers act.

  • People watch Indian stock market indices on a display screen on the facade of the Bombay Stock Exchange (BSE) building in Mumbai, India, Tuesday, Aug. 25, 2015. Chinese stocks fell Tuesday for a fourth day, hitting an eight-month low amid signs Beijing was no longer buying shares to stem a price slide, and Japanese stocks also dropped. But other Asian and European markets bounced back from a day of heavy losses. (AP Photo/Rafiq Maqbool)

    The Latest: US stocks jump after Chinese rate cut

    NEW YORK (AP) — The latest on the global financial market turmoil (all times local):