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.
Economy Jun 11 Trump says U.S. will get rare earth minerals from China and tariffs on Chinese goods will total 55% under new trade framework Trump didn’t fully spell out what concessions the U.S. made. Beijing has not confirmed what the negotiators agreed to, and Chinese President Xi Jinping and Trump himself have yet to sign off on it.
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.