Aug 26 U.S. economy expanded at sluggish 1.5% pace in second quarter, on par with earlier estimate By Paul Wiseman, Associated Press The U.S. economy grew at a sluggish 1.5% pace from April through June. But consumer spending stayed strong. Continue reading
Aug 25 Watch 3:34 Canada retaliates with tariffs against U.S. as relations deteriorate By William Brangham, Daniel Okay Canada imposed retaliatory tariffs against the United States as the two neighbors slide toward an all-out trade war. The tariffs will hit a range of U.S. products, from industrial goods to everyday items. At the same time, President Trump is… Continue watching
Aug 25 Watch 7:54 Canadian trade minister says reaching deal with U.S. in best interest for both countries By Geoff Bennett, Azhar Merchant To discuss the trade war and deteriorating relations between the U.S. and Canada, Geoff Bennett spoke with Canadian trade representative Dominic LeBlanc, a central figure in negotiations with the United States. Continue watching
Aug 25 Former FEMA chief on preparing for disaster with a changing climate By Amna Nawaz Craig Fugate led the Federal Emergency Management Agency (FEMA) through record-breaking disaster years during the Obama administration. In the latest episode of “Settle In,” he speaks with Amna Nawaz about how climate change has upended our models for disaster response,… Continue reading
Aug 25 With gas stuck above $4, U.S. consumer confidence falls to lowest level in 7 months By Matt Ott, Associated Press The Conference Board said Tuesday that its consumer confidence index dipped to 89.4 in August from 90.2 in July. Continue reading
Aug 25 WATCH: Canada announces retaliatory tariffs against the U.S. By Rob Gillies, Associated Press Canada struck back at the United States on Tuesday with retaliatory tariffs on about $20 billion worth of American goods, including steel, dairy products, appliances and farm equipment, as the trade war between the once-friendly neighbors escalated sharply. Continue reading
Aug 24 Watch 7:14 The potential economic fallout of Trump's trade war with Canada By Geoff Bennett, Azhar Merchant The trade war between the U.S. and Canada is intensifying after negotiations broke down over the weekend. Canadian Prime Minister Mark Carney said his country had been preparing for a fundamental shift in its relationship with the U.S., which it… Continue watching
Aug 24 Canada will announce retaliatory tariffs against U.S. on Tuesday, official tells AP By Rob Gillies, Associated Press Canada will announce retaliatory tariffs against the United States on Tuesday, an official familiar with the plans told The Associated Press, escalating a trade fight that has sharply worsened since negotiations with the Trump administration collapsed. Continue reading
Aug 24 Watch 7:49 A look at the new U.S. sanctions on Iran and threats against its trading partners By Nick Schifrin, Zeba Warsi, Dan Sagalyn The U.S. launched what the Trump administration calls “Operation Economic Outcast” against Iran. It includes threats to increase sanctions on Iran’s trading partners. The pressure comes as the administration indicates it is trying to avoid returning to war, but cannot… Continue watching
Aug 24 Watch 6:25 How Trump intervened in the DOJ case against Live Nation By Ali Rogin, Ali Schmitz The Department of Justice spent more than a decade building a case accusing Live Nation of illegally dominating the live event industry by thwarting competition to keep ticket prices high. But according to a Wall Street Journal investigation, President Trump… Continue watching