Martin’s Recent Stories
Economy Nov 27U.S. economy grew at a moderate 2.1% annual rate last quarter
The growth was slightly faster than predicted, but many economists say they think growth is slowing sharply.
Nation Nov 13U.S. budget deficit surges to $134.5 billion in October
The federal government, which ended the 2019 budget year with its largest deficit in seven years, began the new budget year with a deficit in October that was 33.8% bigger than a year ago as spending hit a record.
Economy Nov 05U.S. trade deficit falls to lowest level in 5 months
The Commerce Department said Tuesday that the September gap between what America buys from abroad and what it sells shrank by 4.7% to $52.5 billion.
Economy Oct 29U.S. consumer confidence falls for 3rd straight month
Consumers' perceptions about the present situation have improved, but future expectations frayed in October.
Politics Oct 25U.S. budget deficit hits $984 billion, highest in 7 years
The surge reflected such factors as revenue lost from the 2017 Trump tax cut and a budget deal that added billions in spending for military and domestic programs.
Economy Oct 24New home sales fell 0.7% in September
The housing industry is combating a variety of factors that are holding back growth ranging from a shortage of construction workers to a lack of available land for new homes.
Nation Oct 16U.S. retail sales dip 0.3 percent in September
Retail sales dropped in September by the largest amount in seven months, possibly signaling that rising trade tensions and turbulent markets are having an impact on consumer spending.
Economy Oct 15IMF downgrades world’s economic outlook, citing trade wars
The International Monetary Fund predicts that growth this year will be the weakest since the 2008 financial crisis.
Economy Oct 10Federal Reserve approves rules to loosen bank restrictions
The package of rules will ease restrictions imposed on banks following the 2008 financial crisis, giving a victory to the banking industry and President Donald Trump, a vocal critic of the more stringent rules.
Economy Oct 04WATCH: Powell says Fed’s goal is to keep economy in ‘good place’
In his brief remarks, Jerome Powell gave no hint on whether the Fed will cut interest rates for a third time this year when it meets later this month. Watch a Federal Reserve panel discussion live in our player.