Jun 19 WATCH: Fed leaves its key rate unchanged but hints at future cuts By Martin Crutsinger, Associated Press The Federal Reserve signaled that it's prepared to start cutting rates if needed to protect the U.S. economy from trade conflicts and other threats. Continue reading
Jun 18 How the tax overhaul contributed to a drop in charitable giving By Richard Eisenberg Individual giving fell 3.4% in 2018 when adjusted for inflation, the first time that number had declined since 2013. Continue reading
Jun 17 Huawei founder expects revenue to be billions below forecast By Dake Kang, Yanan Wang, Associated Press Huawei is embroiled in an ongoing trade dispute between China and the U.S., which has accused Chinese companies such as Huawei of committing forced technology transfers and stealing trade secrets. Continue reading
Jun 14 Column: A 20-year-old fights back against her health insurer By Philip Moeller Anna Landre, a college student who lives with spinal muscular atrophy, found herself fighting another battle when her insurer informed her they were reducing the number of hours they would cover for her health aide. Continue reading
Jun 13 Watch 9:19 Can ‘baby bonds’ help the U.S. close its staggering racial wealth gap? By Paul Solman Whites in the U.S. have much greater household and individual wealth than blacks and other minorities. In fact, the typical black household has about 10 cents for every dollar of wealth in a typical white household. Some economists and politicians… Continue watching
Jun 13 While Trump wages trade war, Pence tries to ease GOP anxiety By Zeke Miller, Associated Press Vice President Mike Pence is on a quiet mission to advance the administration's top legislative priority for the year — the troubled trade deal — and, with it, just maybe hold together the fraying Republican coalition ahead of the next… Continue reading
Jun 12 Business groups are becoming more discontent with Trump’s trade policies By Paul Wiseman, Steve Peoples, Associated Press Business groups, already uncomfortable with Trump's attempts to stem immigration, are struggling to figure out where to stand in the fast-shifting political climate. Continue reading
Jun 11 AP fact check: Trump overstates benefits from Mexico tariffs By Tom Krisher, Paul Wiseman, Associated Press In tweets Tuesday, President Donald Trump exaggerated how much of the auto industry had moved to Mexico and inaccurately asserted that if he imposed a tax of 25 percent on all Mexican goods, all the automaker jobs would immediately return… Continue reading
Jun 11 States sue to stop $26.5 billion T-Mobile-Sprint merger By Tali Arbel, Mae Anderson, Associated Press The group of state attorneys general who filed the federal lawsuit said the promised benefits, such as better networks in rural areas and faster service overall, cannot be verified, while eliminating a major wireless company will immediately harm consumers. Continue reading
Jun 10 U.S. stocks climb after U.S. suspends tariff threat on Mexican goods By Damian J. Troise, Alex Veiga, Associated Press Some trade jitters eased a bit Monday, at least in regard to the trade spat between the U.S. and Mexico. Continue reading