Economy Jun 04 U.S. and European trade negotiators make progress but no breakthrough yet The European Union’s top trade negotiator, Maroš Šefčovič, met Wednesday with his American counterpart, U.S. Trade Representative Jamieson Greer, on the sidelines of a meeting of the Organization for Economic Cooperation and Development.
Nation Jun 03 American labor market shows resilience as job openings rise U.S. job openings rose unexpectedly in April, showing that the labor market remains resilient in the face of uncertainty arising from President Donald Trump’s trade wars.
Economy May 29 Appeals court temporarily allows Trump to resume collecting tariffs under an emergency powers law The appeals court temporarily halted the order from a federal trade court issued a day before.
Nation May 19 Economists say Trump's tariffs are unpredictable and still working their way through the system Trump’s tariffs are still huge, unpredictable and working their way through the system.
Economy May 16 Moody's strips U.S. government of top credit rating over failure to rein in debt Moody’s is the last of the three major rating agencies to lower the federal government’s credit. Standard & Poor’s downgraded federal debt in 2011 and Fitch Ratings followed in 2023.
World May 10 U.S.-China tariff talks begin in Geneva as the world looks for signs of hope The U.S. treasury secretary and America’s top trade negotiator began talks with high-ranking Chinese officials in Switzerland Saturday aiming to de-escalate a dispute that threatens to cut off trade between the world’s two biggest economies and damage the global economy.
Economy May 02 Employers added a surprising 177,000 jobs, unemployment remains low, as job market shows resilience President Donald Trump's aggressive and unpredictable policies have clouded the outlook for the economy but Friday's report showed the damage isn't showing up in the labor market yet.
Nation Apr 30 Shipments from China fall as Trump's tariffs loom over economy The president’s massive and unpredictable taxes on imports seems likely to mean emptier shelves and higher prices for American shoppers, perhaps within weeks.
Politics Apr 30 As Trump trade wars disrupt businesses, U.S. economy shrinks 0.3 percent in first quarter The January-March expansion was the slowest in almost three years and was down from 2.4 percent in the last three months of 2024.
Politics Apr 11 U.S. wholesale inflation falls offering possible relief, but trade war threatens to raise prices Compared to a year earlier, producer prices rose 2.7%, down from a 3.2% year-over-year gain in February and much lower than the 3.3% economists had forecast.