Jun 07 U.S. consumer borrowing rose $17.5 billion in April By Martin Crutsinger, Associated Press Consumer credit is a key indicator of the willingness of households to increase borrowing to support consumer spending, which accounts for 70 percent of economic activity. Continue reading
Jun 07 Court lifts injunction that blocked Keystone XL pipeline construction By Matt Volz, Associated Press It's not clear whether the 9th U.S. Circuit Court of Appeals' ruling will have any immediate effect. Continue reading
Jun 07 U.S. employers added a weak 75,000 jobs in May By Christopher Rugaber, Associated Press The relatively low number of hires could be a sign that businesses may have become more cautious in the face of slowing global growth, trade fights and the fading stimulus from tax cuts and greater government spending. Continue reading
Jun 05 Watch 5:23 For farmers, record flooding and a wet spring mean many fields can’t be planted By Jack Williams, NET In parts of America’s Heartland, prolonged wet weather and historic flooding are disrupting spring planting for many farmers. Nearly three months after waters washed over parts of Iowa, Missouri and Nebraska, some fields remain submerged -- and President Trump’s trade… Continue watching
Jun 05 How does Medicare work with employer insurance? By Philip Moeller Understanding how Medicare fits into your employer health care coverage can be difficult. Columnist Philip Moeller provides some guidance. Continue reading
Jun 04 Powell hints Fed will cut rates if needed over trade wars By Martin Crutsinger, Associated Press Powell's remarks helped drive up stock prices, with the Dow Jones Industrial Average ending the day up more than 500 points, or 2 percent. Continue reading
May 31 Watch 6:09 Why Trump’s Mexico tariff idea is widely opposed President Trump has long praised the use of tariffs, but his new threat to Mexico took many people by surprise. Trump said he will levy a 5 percent tariff on Mexican imports as of June 10 unless the country curbs… Continue watching
May 31 Watch 7:15 Why this former U.S. ambassador thinks Trump’s tariffs won’t achieve immigration goals This spring, around 100,000 migrants per month have been caught illegally crossing the U.S.-Mexico border. With a proposed 5 percent tariff on imports from Mexico, one of the largest U.S. trading partners, President Trump wants to leverage economic power to… Continue watching
May 31 How Trump’s tariff threat could complicate U.S.-Mexico trade By Gretchen Frazee Trump's threat to impose tariffs on all Mexican goods imported to the U.S. is sparking fears among businesses and could put a key trade deal at risk. Continue reading
May 31 EPA allows expanded use of ethanol-gasoline mix By Margery A. Beck, Associated Press The Environmental Protection Agency's announcement ends a summertime ban on the E15 blend imposed out of concerns for increased smog. Continue reading