Finance

European producers of specialty agricultural products like French wine, Italian Parmesan and Spanish olives are facing a U.S. tariff hike due Friday with a mix of trepidation and indignation at being dragged into a trade war they feel they have little to do with. The tariffs on $7.5 billion worth of European goods were approved […]

The slowing economy and ongoing trade disputes are dragging railroad profits down in the second half of the year. Union Pacific and CSX railroads both reported declining profit and revenue as they hauled less grain, imported goods and other products. Union Pacific said volume fell 8% in the quarter. Union Pacific earned $1.56 billion net

Britain and the European Union finally reached a new tentative Brexit deal on Thursday, hoping to escape the acrimony, divisions and frustration of their three-year divorce battle. British Prime Minister Boris Johnson now faces the Herculean task of selling the accord to his recalcitrant parliament — including his allies in Northern Ireland. Interested in Brexit?

The Latest on Brexit (all times local): 11:15 a.m. An election for Gibraltar’s 17-seat parliament is taking place under a cloud of uncertainty about what Brexit will bring for the speck of British territory on Spain’s southern tip. The Rock’s about 34,000 residents didn’t want to leave the European Union — in the 2016 referendum,

Spanish authorities say that 80 people, including 46 police officers were injured overnight during the most violent of three nights of rioting over the imprisonment of Catalan separatist leaders. Interested in Spain? Add Spain as an interest to stay up to date on the latest Spain news, video, and analysis from ABC News. A statement

Asian shares were mixed Thursday after officials signaled work remains to be done on an agreement for a truce in the tariff war between the U.S. and China. Hong Kong led regional gains after its chief executive, Carrie Lam, announced help for the property sector. The semi-autonomous city’s economy has been languishing amid months of

Eager for changes at the Department of Veterans Affairs, President Donald Trump toyed early on with issuing an executive order to close parts of the VA health system without consulting Congress, according to an upcoming book by his former VA secretary. In the book, obtained by The Associated Press, David Shulkin describes a March 6,

Elizabeth Warren is rising to the top of the Democratic pack with ambitious promises to reshape the political and economic system. But as she faces growing scrutiny, the Massachusetts senator is opening herself to criticism that she’s just another politician dodging the tough questions. She is in a bind because of her persistent refusal during

The weed is expensive, the selection is limited, the black market persists, and licensed stores are scarce. It’s one year into Canada’s experiment in legal marijuana, and hundreds of legal pot shops have opened. While many residents remain proud of Canada for bucking prohibition, a lot still buy cannabis on the sly, because taxes and

On the picket lines at a General Motors transmission plant in Toledo, Ohio, passing cars honked and striking workers celebrated a tentative contract deal by munching on 10 pizzas dropped off by a supporter. They had carried signs for 31 days and demonstrated the muscle the United Auto Workers union still has over Detroit’s three