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After weeks of tensions, China and the United States have reached an initial agreement on trade.Both parties said in a joint statement on Saturday that China has agreed to "significantly increase" purchases of US goods and services, in order to reduce the trade imbalance between the two countries. This was a top demand of the Trump administration during two days of trade talks in Washington with Chinese officials."To meet the growing consumption needs of the Chinese people and the need for high-quality economic development, China will significantly increase purchases of United States goods and services," the statement said. "This will help support growth and employment in the United States."The pledge for more cooperation comes as the US and China, the world's two largest economies, have threatened tens of billions of dollars in tariffs that could lead to a trade war.Both sides also agreed to "meaningful increases" in US agriculture and energy exports, the statement said. The US intends to send a team to China to hammer out the details.The announcement did not put a dollar amount on the commitment from China.US officials on Thursday told CNN that Beijing had proposed boosting Chinese purchases of American goods by around 0 billion. But at a regular news briefing in Beijing on Friday, Chinese Foreign Ministry spokesman Lu Kang denied such an offer had been made. 1394

All across our country, small business owners are fighting day in and day out to stay afloat during these uncertain times.Two small business owners in Utah have seen just about everything in their lifetimes, and their resolve to keep going is inspiring.In the heart of Sugarhouse, Utah, there’s a place that uses perhaps more sugar than anywhere else.“We bake a lot of eclairs,” said Bob Walkenhorst with a smile.Bob is 87-years-old and his older brother, Al, is 92-years-old.For almost six decades, Bob and Al Walkenhorst have been showing up to work at Carol’s Pastry Shop in a suburb of Salt Lake City.“I get up every morning at 5:30 and get down here about 6 am,” Bob said.“We have a lousy retirement plan,” added Al with a chuckle.The co-owners mix together like peanut butter and jelly.“We get along good together,” Bob said. “We’ve never had an argument.”They say baking is in their blood.“My dad came over to this country in 1924 and this was the bakery,“ Al said pointing to and old black-and-white photo.The brothers were separated when Uncle Sam came calling.“In 1950, I got drafted for the Korean War, just started, so I pulled Bob out of high school and he took over at the bakery,” Al said. “When I came home, he left for two years to serve.”They have seen their fair share of change.“There isn’t really any little bakeries opened up anymore,” Al said. “They’re dropping by the wayside.”Since March, it’s not big box stores making business tough, it’s a new, bitter ingredient.“It was just after that virus hit,” Bob said. “We stayed open and never closed, but it’s been slow. There is just nobody coming in.”Owning a small business is tough, but COVID-19 is making it even harder.“We depend on all that business just what comes in the door,” Al said. “We aren’t getting those big orders anymore.”The brothers hope to keep making eclairs and fresh donuts for as many years as they can.“Hard work is what keeps us going and gives us something to do,” Al said.Now, the next generation is pitching in.“I love getting to work with my grandpa and great uncle,” said Conner Johnson. “They are amazing.”Bob and Al want to keep Carol’s Pastry Shop in the family.“I don’t know what’s gonna happen in the future,” Johnson said. “It’s hard to tell what’s going to happen even day by day now.”For now, the brothers plan on showing up every day.“COVID is not going to stop these guys,” Johnson said with a laugh.Al listened in and smiled.“You know, it’s like my father used to tell me; if you put in good work and good ingredients, then you always get a good product out of it,” Al said. “We’ve always used the best ingredients there is.” 2647

Actor Kevin Spacey is seeking unspecified treatment following an accusation of sexual assault by an actor who says he was a minor at the time of the incident."Kevin Spacey is taking the time necessary to seek evaluation and treatment," Spacey's publicist, Staci Wolfe, said in a statement Wednesday night. No other information is available at this time."Actor Anthony Rapp told BuzzFeed on Sunday that Spacey made a sexual advance toward him at a party in 1986. Rapp said he was 14 at the time.Spacey apologized this week, saying he did not recall the incident."But if I did behave then as he describes, I owe him the sincerest apology for what would have been deeply inappropriate drunken behavior, and I am sorry for the feelings he describes having carried with him all these years," Spacey said.Production on the sixth and final season of "House of Cards" has been suspended as accusations against its main star are investigated, Netflix announced.Season 6 will be the show's last, but the decision to end the series was made months before the allegation against Spacey, according to multiple sources close to production. 1133

A week after initial claims for unemployment benefits fell below 1 million per week for the first time in five months, claims again jumped over the 1 million threshold for the week ending on Aug. 15.According to new figures released by the Department of Labor Thursday, 1.1 million people filed initial claims for unemployment last week, an increase of about 200,000 claims over the previous week.Despite a slight recent dropoff in unemployment filings, weekly figures continue to exceed the pre-pandemic record of 700,000 in a single week.In addition, lawmakers have yet to strike a deal to replace increased 0 weekly unemployment checks, which expired in July. In May, the Democrats passed the HEROES Act through the House of Representatives, which would have extended the benefits through the end of the year and expanded them to include more people. The Republican-controlled Senate has not considered the bill.Senate Republicans began circulating a new COVID-19 stimulus package this week that would include a 0 a week unemployment benefit. However, the plan likely won't be adopted any time soon — Congress has been adjourned for its annual summer break until early September. 1196

After 3,750+ Professional and Olympic hockey games, 100 different verbs used to describe a pass or shot, and 22 Stanley Cup Finals, the legendary Mike "Doc" Emrick has announced his retirement from broadcasting.From hockey fans around the world, we say #ThankYouDoc! pic.twitter.com/Pt27Dp63TW— #ThankYouDoc (@NHLonNBCSports) October 19, 2020 350