Politics Dec 14 AP Fact Check: Trump’s impeachment rage, Bloomberg on coal As near-certain impeachment closes in on him, President Donald Trump raged at his accusers, the Democrats. In the process, he offered a highly selective account of the testimony of a damning witness and misrepresented the facts of a phone call…
Economy Dec 11 Federal Reserve leaves interest rates unchanged and foresees no moves in 2020 The Fed's decision follows three rate cuts earlier this year.
Nation Dec 09 Former Federal Reserve chairman Paul Volcker dies at age 92 Volcker took charge of the Fed in August 1979, when the U.S. economy was slipping into the grip of runaway inflation.
Economy Dec 06 U.S. economy adds a robust 266,000 jobs in November The unemployment rate declined to 3.5% from 3.6% in October, matching a half-century low, the Labor Department reported Friday. And wages rose a solid 3.1% in November compared with a year earlier.
Economy Nov 18 Trump summons Powell to discuss interest rates Monday’s meeting could fuel concerns that the White House is intensifying public pressure on Jerome Powell -- who was President Donald Trump’s own choice to lead the Fed -- to cut rates more aggressively.
Economy Nov 14 Federal Reserve chair urges Congress to address budget deficit Jerome Powell is one of the few leading public figures urging Congress to reduce the federal government’s annual deficit, which is nearing $1 trillion.
Economy Nov 13 Jerome Powell optimistic about the U.S. economy’s ‘sustained expansion’ In testimony before a congressional panel, Powell expressed optimism about the U.S. economy and said he expects it will grow at a solid pace, though it still faces risks from slower growth overseas and trade tensions.
World Nov 08 Trump disputes reports that U.S. will roll back tariffs on China Trump's pushback suggested that negotiations haven't progressed as far as hoped as the world's two biggest economies struggle to negotiate an end to their trade war.
Economy Nov 06 U.S. work productivity falls for the first time in nearly 4 years Some economists point to technologies, such as smartphones and mobile software, that aren't that economically useful. Others say that innovations like search engines, which are free to users, aren't properly captured in government data.
Economy Oct 30 WATCH: Federal Reserve cuts benchmark interest rate The Fed's move reduces the short-term rate it controls — which influences many consumer and business loan rates — to a range between 1.5% and 1.75%.