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Market Update  

- By Michael S. Derby 'I see no need to tap the brakes,' Fed official says Federal Reserve Bank of Minneapolis President Neel Kashkari reiterated Monday that he believes raising rates right...


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International News  

Q&A: Why Japan's Prime Minister Abe is calling an election
(AP Photo - Shizuo Kambayashi)
From Associated Press
September 25, 2017 8:40 PM EST

TOKYO (AP) — Japan's Prime Minister Shinzo Abe says he will dissolve the lower house of parliament on Thursday to call a snap election on Oct. 22, more than a year before required by law. It's widely seen as a bid to reconsolidate his grip on power in the ruling Liberal-Democratic Party, increasing his chances of extending his premiership next year by winning a third three-year term as party leader. A look at why he's doing it now, and what's at stake:

BALI, Indonesia (AP) — More than 57,000 people have fled the surrounds of Mount Agung volcano on the Indonesian tourist island of Bali, fearing an imminent eruption, officials said Tuesday.

WASHINGTON (AP) — The U.S. ramped up its response Monday to the humanitarian crisis in Puerto Rico while the Trump administration sought to blunt criticism that its response to Hurricane Maria has fallen short of it efforts in Texas and Florida after the recent hurricanes there.

UNITED NATIONS (AP) — North Korea's top diplomat said Monday that a weekend tweet by U.S. President Donald Trump was a "declaration of war" and North Korea has the right to retaliate by shooting down U.S.

MEXICO CITY (AP) — As many as 360 buildings and homes are in danger of collapse or with major damage in Mexico City nearly a week after a magnitude 7.1 earthquake collapsed 38 structures.

SAN JUAN, Puerto Rico (AP) — Every night since Hurricane Maria hit, Miguel Martinez and his family have slept on mattresses on the porch to escape the heat inside their dark, stifling home.

WASHINGTON (AP) — The Trump administration spent months hashing out new travel restrictions on more than a half-dozen countries, determined to avoid the chaos that accompanied President Donald Trump's first travel ban.

LONDON (AP) — In past skirmishes with local regulators, Uber's playbook under co-founder and now-ousted CEO Travis Kalanick was simple: fight.

ISLAMABAD (AP) — Cricket legend and potential Pakistani prime minister Imran Khan on Monday criticized the United States' new strategy for Afghanistan and said a continued military campaign will not solve the 16-year-old conflict in the neighboring nation.

WASHINGTON (AP) — President Donald Trump's efforts to restrict entry into the United States by residents of some mainly Muslim countries have been the subject of lawsuits almost since the moment he announced the first travel ban in January.

IRBIL, Iraq (AP) — Iraqi Kurds voted Monday in a landmark referendum on supporting independence, a move billed by the Kurdish leadership as an exercise in self-determination but viewed as a hostile act by Iraq's central government.

PARIS (AP) — The Lebanese president says he wants some 1.5 million Syrian refugees living in his country to henceforth start returning to their homes, voluntarily or not.

BAUTZEN, Germany (AP) — The nationalist, anti-migrant Alternative for Germany swept into third place with a robust showing in the former communist East German states, where discontent is widespread over dim economic prospects and Chancellor Angela Merkel's decision to open the country's doors to migrants has met with its greatest resistance.

WASHINGTON (AP) — The Latest on President Donald Trump's travel ban (all times local): 1:40 p.m. The Supreme Court has canceled arguments set for Oct.

KAVOURI, Greece (AP) — The eurozone's top official said Monday that Greece and its European creditors are on a good path to completing the latest round of bailout talks, with a view to a "clean exit" from strict fiscal supervision.

IRBIL, Iraq (AP) — The Kurdish independence referendum in Iraq, while non-binding, is a symbolic milestone in the Kurds' decades-long struggle to achieve statehood.

BERLIN (AP) — The Latest on the outcome of Germany's national election (all times local): 6:50 p.m. Israel's prime minister has congratulated Chancellor Angela Merkel on securing a fourth term while not mentioning the rise of a far-right party in Germany's election.

WASHINGTON (AP) — American military contractors operating in Iraq are accusing Baghdad of employing strong-arm tactics to make them pay exorbitant income taxes, a practice they've warned the Trump administration is hampering the fight against Islamic State extremists.

DAMASCUS, Syria (AP) — The Latest on the Syrian conflict (all times local): 7:15 p.m. An international human rights group says two airstrikes by the U.S.-led coalition on northern Syria earlier this year killed 84 civilians, including 30 children.

BERLIN (AP) — German Chancellor Angela Merkel defended an election campaign that left her conservative bloc in first place but significantly weakened as she embarked Monday on what could be a lengthy quest to form a new government.

BARCELONA, Spain (AP) — Catalonia is counting on its regional police force to help carry out a referendum on independence Sunday.

PARIS (AP) — The French government spokesman said Monday that Senate elections have been a "failure" for President Emmanuel Macron's centrist party.

MOSCOW (AP) — Investigators in southern Russia are looking into a possible cannibalism case. The Investigative Committee said Monday that it detained a 35-year-old man in the city of Krasnodar who is suspected of killing a woman in an abandoned house earlier this month after a drunken brawl.

COX'S BAZAR, Bangladesh (AP) — On the miles-long beach that makes this Bangladesh's top tourist destination, thousands of people picnic and splash in the water.

JOJUTLA, Mexico (AP) — Hector Rodarte Cedillo, a 27-year-old window washer and candy salesman, lost his right leg below the knee seven years ago when a car ran him over.