Economy Sep 30 U.S. economy grew a solid 2.2% in the second quarter, government says, upgrading previous estimate The U.S. economy has proven surprisingly resilient in the face of fighting with Iran and the energy price spike it caused.
World Sep 29 U.S. ban on $1 billion worth of Canadian imports, from motorcycles to booze, goes into effect The ban amounts to barely a ripple in $880 billion worth of annual two-way trade between the two northern neighbors. But it marks another ratcheting up of President Donald Trump’s second-term trade war with America’s longtime ally and trading partner.
Economy Sep 24 Claims for unemployment benefits drop to 197,000, the lowest since mid-July as layoffs remain rare So far this year, claims have mostly stayed below 220,000 — historically low.
Economy Sep 16 What the Fed rate hike likely means for you Bad news for borrowers, good news for savers.
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.