Aug 24 China tariffs fuel Trump 'order' for firms to cut China ties By Zeke Miller, Associated Press President Donald Trump is threatening to use the emergency authority granted by a powerful, but obscure federal law to make good on his tweeted "order" to U.S. businesses to cut ties in China amid a spiraling trade war between the… Continue reading
Aug 23 Watch 7:22 How trade war and Trump's rhetoric are further unsettling the economy The trade war between the U.S. and China escalated Friday, as China announced new tariffs on $75 billion of American goods. President Trump tweeted in response that American companies were “ordered” to find alternatives to China and that he would… Continue watching
Aug 23 Trump hikes tariffs on Chinese goods by 5 percentage points By Paul Wiseman, Jill Colvin, Joe McDonald, Associated Press Trump said Friday he is raising previously announced tariffs to 15 percent and 30 percent. Continue reading
Aug 23 Fed Chair Powell gives no clear hint on interest rates By Martin Crutsinger, Associated Press Speaking to a gathering of central bankers in Jackson Hole, Wyoming, Powell reiterated that the Fed "will act as appropriate" to sustain the expansion. Continue reading
Aug 23 China announces tariff hike on $75 billion of U.S. products By Joe McDonald, Paul Wiseman, Jill Colvin, Associated Press The tariffs of 10 percent and 5 percent take effect on two batches of goods Sept. 1 and Dec. 15. Continue reading
Aug 22 Watch 6:25 Why skyrocketing federal debt will mean the next recession is harder to overcome The Congressional Budget Office says the U.S. deficit is reaching its highest levels since the end of World War II, when considered as a share of the total economy. In the next decade, it's projected to grow by $800 billion… Continue watching
Aug 22 What is an endangered species worth? Trump rule sparks debate By Gretchen Frazee The Trump administration could soon start to publicize the economic cost of listing a species as threatened or endangered, under new rules finalized this month. Continue reading
Aug 22 Column: Employers are helping clear the haze on health care prices By Philip Moeller Employers are encouraging employees to use lower-cost, high-quality providers because it saves employers money as well. Continue reading
Aug 21 U.S. deficit expected to exceed $1 trillion next year By Kevin Freking, Associated Press The first projections are the first to take into account the big budget deal that President Donald Trump and Congress reached this summer. Continue reading
Aug 21 Notes from Fed's July meeting show officials widely divided on rate cut By Martin Crutsinger, Associated Press Some argued for a bigger rate cut, while others insisted the Fed should not cut rates at all. Continue reading