Aug 05 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. Continue reading
Aug 05 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. Continue reading
Aug 02 WATCH: Trump says new EU trade deal will boost beef exports By Darlene Superville, Kevin Freking, Associated Press The White House's top economic adviser says the U.S. will be selling more beef to the European Union. Continue reading
Aug 02 China threatens retaliation for Trump’s planned tariff hike By Joe McDonald, Associated Press Trump rattled financial markets with Thursday's surprise announcement of 10% tariffs on $300 billion of Chinese imports, effective Sept. 1. Continue reading
Aug 02 U.S. adds 164,000 jobs, unemployment holds steady at 3.7 percent By Josh Boak, Associated Press The pace of hiring has slowed this year, but one reason is that a growing share of Americans already have jobs. Continue reading
Aug 01 Watch 5:01 The long-term debt implications of Senate’s new 2-year budget The Senate passed a new budget bill Thursday, delivering a rare bipartisan legislative agreement. But critics say the spending it allocates and its temporary suspension of the debt ceiling represent runaway spending and fiscal irresponsibility. Lisa Desjardins joins Judy Woodruff… Continue watching
Aug 01 Watch 10:28 Can reparations help right the wrongs of slavery? By Paul Solman The first African slaves arrived in North America 400 years ago this month, landing at Jamestown in what's now Virginia. Recently, the idea of paying reparations for the atrocity of slavery has been earning new attention, even making its way… Continue watching
Aug 01 Fed chief struggles to manage a wild card: Trump trade wars By Josh Boak, Associated Press After the Federal Reserve cut interest rates Wednesday for the first time in a decade, Chairman Jerome Powell made a striking acknowledgement: In the Trump era, the Fed faces a steep learning curve. Continue reading
Jul 31 Watch 5:32 Why Trump attacked his Fed chair after 1st interest rate cut in years The Federal Reserve cut a key short-term interest rate for the first time in a decade, lowering the federal funds rate a quarter point. It had raised that rate, which reflects what banks charge each other for loans, in December. Continue watching
Jul 31 Column: The Fed is lowering interest rates, but so are market forces By Paul Solman Is the Fed solely responsible for driving down interest rates? There's plenty of reason to think the answer is no. Continue reading