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Business & Tech

Trump says he’ll keep extending TikTok shutdown deadline

WASHINGTON (AP) — President Donald Trump is calling national security and privacy concerns related to TikTok and its Chinese parent company “highly overrated” and said Friday he'll keep extending the deadline for the popular video-sharing platform until there's a buyer. Congress ...

Why the Federal Reserve has historically been independent of the White House

WASHINGTON (AP) — President Donald Trump this week called on a Federal Reserve governor to resign over an accusation of mortgage fraud, the latest effort by his administration to exert greater control over one of the few remaining independent agencies in Washington. Federal Reserve governor ...

DC unemployment rate is the highest in the US for the third straight month

WASHINGTON (AP) — The seasonally adjusted unemployment rate in Washington, D.C., was the highest in the nation for the third straight month, according to new data released Tuesday by the Bureau of Labor Statistics. D.C.'s jobless rate reached 6% in July, a reflection of the mass layoffs of ...

Swiss watchmaker Swatch apologizes for ad showing gesture seen as racist

GENEVA (AP) — Swiss watchmaker Swatch apologized Monday for an ad campaign that upset consumers in China and elsewhere and said it had “immediately removed all related materials worldwide.” In an image for the Swatch Essentials collection, an Asian male model is shown pulling the edges ...