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.
Nation Oct 22 IMF declares global fight against high inflation is ‘almost won’ The global war against inflation has largely been won — and at surprisingly little cost to economic growth, the International Monetary Fund has declared.
Politics Oct 15 WATCH: Trump sings praises of tariffs during conversation with Bloomberg News Appearing before a friendly audience at the Economic Club of Chicago, the Republican presidential nominee repeatedly asserted that tariffs are misunderstood as an economic tool.
Nation Oct 04 U.S. labor market still sturdy as U.S. adds 254,000 jobs and unemployment dips to 4.1 percent America’s employers added a surprisingly strong 254,000 jobs in September, easing concerns about a weakening labor market and suggesting that the pace of hiring is still solid enough to support a growing economy.
Economy Sep 27 Trump favors huge new tariffs. How do they work? Former President Donald Trump has proposed a 60% tariff on goods from China and a 20% tariff on everything else the United States imports. This week, he raised the ante still higher.
Economy Sep 26 U.S. economy grew at a solid amount last quarter, government says in final estimate The Commerce Department reported that the nation's gross domestic product — the nation's total output of goods and services — growth picked up sharply in the second quarter.