Economy Aug 01 U.S. employers added just 73,000 jobs last month as labor market weakens in face of Trump trade wars The unemployment rate ticked up to 4.2% as Americans dropped out of the labor force.
Politics Jul 31 Appeals court questions Trump’s authority to impose tariffs without Congress Appellate court judges are expressing skepticism over President Donald Trump’s legal rationale for his broadest batch of tariffs.
Politics Jul 30 U.S. economy expanding 3% in second quarter, bounding back but growth masks economic uncertainty from Trump’s tariffs The Commerce Department reported Wednesday that America gross domestic product — the nation's output of goods and services — rebounded after falling at a 0.5% clip from January through March. The first-quarter drop was mainly caused by a surge in…
Economy Jul 29 Trump’s tariffs could squeeze U.S. factories and raise costs by up to 4.5%, a new analysis finds The analysis by the Washington Center for Equitable Growth warns of economic and political costs, especially in swing states with significant manufacturing sectors, like Michigan and Wisconsin.
Economy Jul 28 Trump is getting the world economy he wants — but the risk to growth could spoil his victory lap Trading partners from the European Union to Japan to Vietnam appear to be acceding to the president’s demands to accept higher costs — in the form of high tariffs — for the privilege of selling their wares to the United…
Nation Jul 16 U.S. producer prices unchanged as wholesale inflation cooled in May U.S. wholesale inflation cooled last month, despite worries that President Donald Trump’s tariffs would push prices higher.
Politics Jul 09 Trump’s tariff blitz produces few trade deals but lots of uncertainty White House trade adviser Peter Navarro predicted “90 deals in 90 days.’’ The 90 days have come and gone and the tally of trade deals stands at two.
Economy Jul 03 U.S. employers added 147,000 jobs last month despite uncertainty over economic policy The unemployment rate ticked down 4.1% from 4.2% in May, the Labor Department said Thursday.
Economy Jun 26 U.S. economy shrank 0.5% between January and March, worse than 2 earlier estimates had revealed The U.S. economy shrank at a 0.5% annual pace from January through March as President Donald Trump’s import taxes at least temporarily disrupted business, the Commerce Department said.
Economy Jun 18 U.S. unemployment claims dip to 245,000, hovering at historically low levels So far this year, employers are adding a decent but far from spectacular number of jobs each month.