Politics Jan 29 WATCH: Howard Lutnick testifies at Senate confirmation hearing for commerce secretary Billionaire financier Howard Lutnick has emerged as an outspoken supporter of Trump's hardline trade policies.
Politics Jan 20 Trump is holding off on tariffs but betting Day 1 moves can cut energy prices and tame inflation WASHINGTON (AP) — Donald Trump is holding off on tariffs during his first day and placing a big bet that his executive actions can cut energy prices and tame inflation.
Nation Jan 10 U.S. added 256,000 jobs in December as unemployment rate dipped U.S. hiring picked up unexpectedly in December as employers added 256,000 jobs, another sign of the economy's resilience in the face of high interest rates.
Economy Jan 08 Longshoremen reach tentative deal with ports and shippers, averting potential strike The International Longshoremen's Association union and the U.S. Maritime Alliance of ports and shipping companies said they had reached a tentative agreement for a six-year contract, a week ahead of a Jan. 15 deadline.
Economy Dec 06 U.S. hiring bounced back in November as employers added 227,000 jobs The November employment report provided the latest evidence that the U.S. job market remains durable even though it has lost significant momentum from the 2021-2023 hiring boom, when the economy was rebounding from the pandemic recession.
Politics Nov 26 What does Trump’s latest tariff plan mean for the U.S.? On Monday, Trump sent shockwaves across the nation's northern and southern borders, vowing sweeping new tariffs on Mexico, Canada, as well as China, as part of his effort to crack down on illegal immigration and drugs.
Politics Nov 09 Frustrated Americans who voted for Trump await the economic changes he promised Trump campaigned on promises to impose huge tariffs on foreign goods, slash taxes and deport millions of undocumented immigrants. Yet many economists warn that Trump’s plans are likely to worsen inflation, raise costs for consumers and drive up the federal debt.
Economy Nov 01 U.S. employers added only 12,000 jobs last month as hurricanes and strikes sharply reduce payrolls America's employers added just 12,000 jobs in October, a total that economists say was held down by the effects of strikes and hurricanes that left many workers temporarily off payrolls.
Nation Oct 30 U.S. economy grew at a solid 2.8 percent pace last quarter with consumers driving growth The gross domestic product — the economy’s total output of goods and services — did slow slightly from its 3% growth rate in the April-June quarter.
World Oct 24 IMF leader warns conflict and rivalries put world at risk of falling into slow-growth rut The world economy, buffeted by conflict and growing geopolitical rivalries, is in danger of getting stuck in a slow-growth, high-debt rut, the head of the International Monetary Fund warned.