Economy Sep 08 U.S. will ban dairy products, motorcycles and most alcoholic beverages from Canada The ban will take effect in three weeks and comes after Canada imposed retaliatory tariffs on $20 billion in U.S. imports earlier Tuesday.
Economy Sep 04 Hiring burst of 162,000 jobs in August puts the focus squarely back on inflation in the U.S. The U.S. job market rebounded in August as employers added a surprising 162,000 jobs. The unemployment rate stayed at a low 4.1%.
Politics Aug 29 Untested in court, Trump's new tariffs on Canada raise legal questions The president’s Section 338 tariff authority has never been used, let alone tested in court.
Economy Aug 26 U.S. economy expanded at sluggish 1.5% pace in second quarter, on par with earlier estimate The U.S. economy grew at a sluggish 1.5% pace from April through June. But consumer spending stayed strong.
World Aug 22 U.S. and Canada fall deeper into a trade war with new tariffs as talks collapse and blame is spread President Donald Trump’s import taxes will hit about 5% of what Canada ships to the United States every year, including products ranging from hockey sticks to tongue depressors.
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% U.S. 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.