Dec 13 China says trade deal with U.S. must be 'mutually beneficial' By Joe McDonald, Paul Wiseman, Associated Press The Trump administration has agreed to suspend a planned tariff increase on $160 billion of Chinese imports due to take effect Sunday and to reduce existing tariffs, though it wasn't clear by how much. Continue reading
Dec 12 Watch 9:12 Americans are drowning in medical debt, so this nonprofit is buying — and forgiving — it By Paul Solman Collectively, Americans owe nearly a trillion dollars of medical debt, and Congress is trying to figure out a policy response. But in the meantime, economics correspondent Paul Solman reports on an unusual non-profit’s effort to relieve the burden of medical… Continue watching
Dec 12 U.S. labor board rules for McDonald's in unionization case By Dee-Ann Durbin, Associated Press The National Labor Relations Board has ruled in McDonald's favor in a long-running case filed by 20 workers who were fired or faced retaliation for trying to unionize. Continue reading
Dec 12 U.S. and China near deal that would suspend planned tariffs By Paul Wiseman, Associated Press The deal awaits final approval from President Donald Trump. Continue reading
Dec 12 S&P 500, Nasdaq at records as hopes build for a trade deal By Alex Veiga, Associated Press Stocks are closing at more record highs as traders hope that the U.S. and China can make enough progress on trade to avoid new tariffs kicking in over the weekend. Continue reading
Dec 12 UN leader warns climate change could fuel 'economic disaster' By Frank Jordans, Aritz Parra, Associated Press Speaking at the annual U.N. climate meeting in Madrid, Guterres said fears that measures to cut greenhouse gas emissions would decimate existing industries ignored the opportunities arising from the 'green economy.'… Continue reading
Dec 12 European Central Bank chief says economic slowdown is stabilizing By David McHugh, Associated Press ECB head Christine Lagarde said that recent economic indicators are “weak overall” but “point to some stabilizing in the slowdown of of economic growth.”… Continue reading
Dec 12 Column: Paul Volcker's legacy, an independent Federal Reserve, is under threat By Michael W. Klein One of Volcker's legacies is taming the runaway inflation that posed an existential threat to the U.S. economy in the late 1970s. Less discussed is just how important he was to establishing the principle of an independent Federal Reserve. Continue reading
Dec 11 These 4 changes helped Trump and Democrats agree to the USMCA trade deal By Courtney Vinopal Democratic lawmakers and the White House are both claiming victory for the major North American trade deal that is now expected to win approval from Congress after more than a year of deadlock. Continue reading
Dec 11 What Americans should know about Saudi Aramco's IPO By Gretchen Frazee The company, which is now considered the most profitable in the world, is valued at more than $1.8 trillion. Continue reading