Economy Aug 20 Layoffs still sparse, U.S. unemployment claims dropped to 206,000 last week Fewer people applied for U.S. unemployment benefits last week, another sign that layoffs remain low and that most Americans enjoy job security.
World Aug 19 Trump says U.S. and Canada reached last-minute deal to delay 50% US tariffs on Canadian imports The announcement, which Trump made on his social media platform, buys time for more negotiations and avoids, for now, another strain in already tense relations between the historic allies.
World Aug 18 U.S. and Canada hold last-minute negotiations to prevent Trump's 50% tariffs If no deal is reached, Trump has threatened to impose 50% tariffs on $20 billion worth of Canadian products, ranging from hockey sticks to tongue depressors.
Politics Aug 07 Trump administration proceeds with efforts to fire Federal Reserve governor Lisa Cook The Trump administration is moving ahead with its efforts to fire Federal Reserve governor Lisa Cook, two months after the Supreme Court allowed her to retain her job while she fights the president’s effort to terminate her over mortgage fraud…
Economy Aug 07 U.S. employers unexpectedly cut 23,000 jobs amid strain from the Iran war, unemployment dips to 4.1% U.S. employers unexpectedly cut 23,000 jobs last month, and Labor Department revisions shaved 103,000 jobs off payrolls in May and June. The unemployment rate dipped to 4.1% only because Americans left the job market.
Politics Aug 03 25 states sue over Trump administration's latest tariffs, citing Supreme Court ruling The United States last month imposed double-digit tariffs on 59 countries and the European Union, charging that they had not done enough to crack down on imports produced by forced labor.
Economy Jul 30 Inflation remaining stubbornly high, U.S. economy grows sluggish 1.5% in 2nd quarter Inflation remained above the central bank’s 2% target at a time when Americans are frustrated about the high cost of living ahead of the midterm elections, now less than 100 days away.
Economy Jul 29 WATCH: Fed chair Warsh holds news conference after leaving interest rate unchanged The Federal Reserve left its key interest rate unchanged Wednesday despite persistently high inflation and a spike in energy prices caused by the Iran war.
Politics Jul 23 Trump imposes double-digit tariffs on dozens of countries as stopgap 10% levies expire Friday President Donald Trump is going ahead with new double-digit tariffs on dozens of U.S. trading partners just as the clock runs out Friday on stopgap levies he imposed after a stinging defeat at the Supreme Court.
Politics Jul 17 Trump administration races to rebuild tariff wall knocked down by Supreme Court The U.S. Treasury last year swelled with revenue from President Donald Trump’s double-digit taxes on imports from almost every country on earth. But the money dried up after the Supreme Court struck down the biggest and boldest of Trump’s tariffs in February.