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Martin Crutsinger, Associated Press

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Martin’s Recent Stories

Politics Oct 16

Escalating attack, Trump calls the Federal Reserve his ‘biggest threat’

President Trump said he doesn't speak with Chairman Jerome Powell because of the Fed's political independence but said, "I'm not happy with what he's doing because it's going too fast" in raising rates at a time when inflation has remained…

Economy Sep 26

Citing strong economy, Fed raises rates for third time this year

Many economists worry, though, that Trump's combative trade policies could slow the economy.

Economy Sep 25

3 things to watch with the Federal Reserve poised to raise interest rates

The Federal Reserve is expected to raise interest rates Wednesday, but economists will also be watching for a signal that another hike is likely before the end of the year.

Politics Sep 17

Trump administration announces new tariffs on $200 billion in Chinese goods

The tariffs will start at 10 percent, beginning Monday of next week, and then rise to 25 percent on Jan. 1.

Economy Aug 30

U.S. consumer spending up a solid 0.4 percent in July

U.S. consumer spending rose a solid 0.4 percent in July, the sixth straight month of healthy gains.

Economy Jul 27

U.S. economy surges to 4.1 percent growth rate in second quarter, but it may slow going forward

The U.S. economy surged in the April-June quarter to an annual growth rate of 4.1 percent. That's the fastest pace since 2014, driven by consumers who spent their tax cuts and exporters who rushed to get their products delivered ahead…

Economy Jul 12

U.S. budget deficit totals $74.9 billion in June

WASHINGTON — The federal government recorded a $74.9 billion deficit in June, a month when the government often runs a surplus, as corporate taxes dropped sharply compared to a year ago.

Politics May 22

WATCH: Treasury Secretary Mnuchin testifies before Senate panel

Treasury Secretary Steven Mnuchin testified before the Senate panel this morning. Watch his remarks here.

Politics May 21

Trump pulls back from brink of trade war with China, but no guarantee tensions are over

President Donald Trump on Monday hailed his administration's temporary truce with China on trade, even as his Treasury secretary and China struck a note of caution on the latest agreement.

Politics May 20

U.S., China agree to cut American trade deficit

The United States and China have agreed to take measures to "substantially reduce" America's massive trade deficit with China.

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