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The more Trump talks about making trade deals, the more confusing the tariff picture gets

The more Trump talks about making trade deals, the more confusing the tariff picture gets

By JOSH BOAK

WASHINGTON (AP) — The more President Donald Trump talks about his efforts to reach deals with America’s trading partners, the more confusing the tariff picture gets. His team seems good with that, saying Trump is using “strategic uncertainty” to his advantage.

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Trump says the United States does not have to sign any agreements, and that it could sign 25 of them right now. He says he is looking for fair deals on all sides, and that he does not care about other countries’ markets. He says his team can sit down to negotiate the terms of a deal, and that he might just impose a set of tariffs on his own. read more

What kindergartners should know about money

What kindergartners should know about money

When I had the opportunity to share money tips with my son’s kindergarten class, I settled on three main lessons. I figured I would pick some recurring themes from the personal finance topics I usually write about for adults — saving money, categorizing expenses and setting goals — and give them a kid-friendly spin.

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What I didn’t realize is that the class also had a lesson in store for me.

Here are the tips I shared and the one I learned.

Save more than you earn

As a kid, if you get an allowance or host a lemonade stand, it might be tempting to spend everything you earn on a new toy or something else you want. But saving some money for the future can be helpful, because then you’ll have it later if you think of something you want even more. read more

Nevada hearing may give first public view into legal spat over control of Murdoch media empire

Nevada hearing may give first public view into legal spat over control of Murdoch media empire

CARSON CITY, Nev. (AP) — A hearing Wednesday before Nevada’s high court could provide the first public window into a secretive legal dispute over who will control Rupert Murdoch’s powerful media empire after he dies.

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The case has been unfolding behind closed doors in state court in Reno, with most documents under seal. But reporting by The New York Times, which said it obtained some of the documents, revealed Murdoch’s efforts to keep just one of his sons, Lachlan, in charge and ensure that Fox News maintains its conservative editorial slant.

Media outlets including the Times and The Associated Press are now asking the Nevada Supreme Court to unseal the case and make future hearings public. The court is scheduled to hear arguments in the afternoon in Carson City, the capital. read more

3 Central Florida restaurants shut down last week

3 Central Florida restaurants shut down last week

Three Central Florida restaurants shut down the week of April 27 to May 3, according to data from the Florida Department of Business and Professional Regulation.

ORANGE

Tawa Orlando at 7536 Dr Phillips Blvd. #360 in Orlando shut down on April 29. Inspectors found 22 violations, five of which were high priorities. Those violations included food with a mold-like growth, rodent activity and a stop-sale on food due to temperature abuse. There were two additional inspections on April 30. On the first inspection, there were 10 violations, one of which was a high priority, and the restaurant remained closed. On the final inspection, there were only five violations. None was a high priority. The restaurant met inspection standards.

The Real Maine Lobster 2 at 1461 N. Goldenrod Road in Orlando shut down on May 4. Inspectors found three violations, one of which was a high priority for not having potable running water. A final inspection on the same day found five violations. None was a high priority. The restaurant requires a follow-up inspection but poses no immediate threat to the public. read more

Wall Street climbs in choppy trading after Fed warns of rising risks for economy, holds rates steady

Wall Street climbs in choppy trading after Fed warns of rising risks for economy, holds rates steady

By DAMIAN J. TROISE and STAN CHOE, AP Business Writers

NEW YORK (AP) — U.S. stocks ticked higher Wednesday after the Federal Reserve left its main interest alone, as was widely expected, but also warned about rising risks for the U.S. economy.

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The S&P 500 gained 0.4%, coming off a two-day losing streak that had snapped its nine-day winning run. The Dow Jones Industrial Average added 284 points, or 0.7%, and the Nasdaq composite rose 0.3%.

Indexes swiveled repeatedly through the day, and the Dow briefly climbed as many as 400 points on hopes that the United States and China may be making the first moves toward a trade deal that could protect the global economy. The world’s two largest economies have been placing ever-increasing tariffs on products coming from each other in an escalating trade war, and the fear is that they could cause a recession unless they allow trade to move more freely. read more