Economy

Filter

IMF downgrades world’s economic outlook, citing trade wars

By Martin Crutsinger, Associated Press

The International Monetary Fund predicts that growth this year will be the weakest since the 2008 financial crisis.

How one corporation exploited the amendment that was meant to protect former slaves

By Elizabeth Flock

Corporations have often leveraged progressive reforms to serve the ends of business, says author Adam Winkler. "Perhaps more surprising is that corporations have also been innovators in constitutional law."…

U.S.-China truce leaves big issues unresolved

By Paul Wiseman, Dave Kolpack, David Pitt, Associated Press

Closer inspection suggests there isn't much substance, at least not yet, to the temporary truce President Donald Trump announced Friday at the White House after the U.S. and China wrapped up their 13th round of trade talks.

Trump says new sanctions coming to pressure Turkey amid Syria offensive

Targeting Turkey's economy, President Donald Trump announced sanctions Monday aimed at restraining the Turks' assault against Kurdish fighters and civilians in Syria -- an assault Turkey began after Trump announced he was moving U.S. troops out of the way.

Why the 2019 Nobel Prizes in STEM struggled with diversity

By Gretchen Frazee

Esther Duflo is the second woman to win a Nobel Prize in economics in the award’s 50-year history. She's also the only woman to be awarded a Nobel Prize in the sciences this year.

Nobel awarded to 3 economists for work to alleviate poverty

By David Keyton, Jan M. Olsen, Associated Press

The Nobel Economics Prize was awarded to Abhijit Banerjee, Esther Duflo and Michael Kremer for their studies on poverty. Duflo is the second woman to win the economics prize.

What Trump’s tariffs have cost the U.S. economy

By Kathryn Russ, Econofact

The tariffs that are already in place and the threat of a renewed escalation present enormous costs to Americans.

U.S. suspends China tariff hike in trade war cease-fire

By Paul Wiseman, Kevin Freking, Associated Press

The tariffs on $250 billion in Chinese imports was set to rise Tuesday from 25 percent to 30 percent.

WATCH: White House says Turkey could face new sanctions

By Associated Press

Treasury Secretary Steven Mnuchin said at the White House on Friday the U.S. hopes it will not have to use its new, expanded sanctions authority President Donald Trump has authorized.

Seniors will get modest cost-of-living increase from Social Security in 2020

By Ricardo Alonso-Zaldivar, Associated Press

Seniors and advocates complain that the inflation yardstick used to determine the annual adjustment doesn't adequately reflect their costs, mainly for health care.