China plans 1st structure on disputed South China Sea shoal

BEIJING (AP) — China plans to build the first permanent structure on a South China Sea shoal at the heart of a territorial dispute with the Philippines, in a move likely to renew concerns over Beijing's robust assertions of its claims in the strategically crucial waterbody.

  • Written by CHRISTOPHER BODEEN , Associated Press

US and global partners wrestle over trade stance

BADEN-BADEN, Germany (AP) — U.S. Treasury Secretary Steven Mnuchin headed into a tussle over free trade Friday at a summit that will help set the tone for the global economy.

  • Written by DAVID McHUGH , AP Business Writer

Trump's budget: Build up military, build the wall

WASHINGTON (AP) — President Donald Trump unveiled a $1.15 trillion budget Thursday, proposing a far-reaching overhaul of federal spending that would slash many domestic programs to finance a big increase for the military and make a down payment on a U.S.-Mexico border wall. 

  • Written by ANDREW TAYLOR , Associated Press

Trump admin halts Obama-era rule on fracking on public land

WASHINGTON (AP) — The Trump administration is rolling back an Obama administration rule requiring companies that drill for oil and natural gas on federal lands to disclose chemicals used in hydraulic fracturing, better known as fracking.

 

  • Written by MATTHEW DALY , Associated Press

Trump tax bill would have been slashed by his plans

WASHINGTON (AP) — Donald Trump campaigned for the presidency by pledging no tax cuts for the wealthy, but newly leaked pages from his 2005 taxes demonstrate how the wealthiest Americans — like Trump — would benefit from some of his tax proposals.

 

  • Written by JOSH BOAK and JEFF HORWITZ , Associated Press