Economy

Filter

Survey: Trade war dims Americans’ view of China

By Paul Wiseman, Associated Press

Sixty percent of Americans say they have an unfavorable view of China — up from 47 percent last year.

Column: Why these unique Medicare Advantage plans are poised for popularity

By Philip Moeller

Medicare medical savings accounts permit people to receive fee-for-care health services anywhere in the U.S.

U.S. long-term mortgage rates fall sharply

By Associated Press

U.S. long-term mortgage rates fell sharply this week, with the benchmark 30-year loan touching its lowest level since November 2016.

Global stocks rebound as China eases up on currency

By Pan Pylas, Associated Press

The more buoyant tone follows a big sell-off Monday, when stocks were hammered after the Chinese government allowed its currency to depreciate against the dollar and was accused by the U.S. Treasury Department of being a currency manipulator.

China stabilizes currency but tensions with US remain high

By Joe McDonald, Associated Press

The move came a day after Beijing sent financial markets tumbling by allowing the currency to fall to an 11-year low.

U.S. Treasury Department labels China a currency manipulator

By Paul Wiseman, Associated Press

The decision, which came hours after President Donald Trump accused China of unfairly devaluing its currency, marks a reversal for Treasury: In May, it had declined to sanction China for manipulating its currency.

Lashing back, China lets yuan drop and halts U.S. farm purchases

By Paul Wiseman, Joe McDonald, Associated Press

The moves, which came four days after President Donald Trump threatened more taxes on Chinese imports, knocked stock markets worldwide into a tailspin.

Stocks plunge on Wall Street over escalating trade war

By Stan Choe, Damian J. Troise, Associated Press

The escalations in the trade war between the world's largest economies are rattling investors already unnerved about a slowing global economy, falling U.S. corporate profits and possibly too-weak inflation.