2nd quarter GDP growth revised down slightly to 2 percent
The new estimate was lower than the government's initial estimate a month ago of 2.1% annual growth.
U.S. economy’s growth slows to 2.1 percent in 2nd quarter
The nation's gross domestic product grew at a 2.1% annual rate last quarter, down from a 3.1% gain in the first quarter, the Commerce Department estimates.
Barr says he sees a legal pathway for citizenship question
In an interview with The Associated Press, Attorney General William Barr said the Trump administration will take action in the coming days that he believes will allow the government to ask the controversial question.
Tariffs will send U.S. tomato prices soaring, Mexico says
U.S. consumers could pay 38 percent to 70 percent more for tomatoes after the U.S. Commerce Department announced it would re-impose anti-dumping duties on Mexican imports, according to Mexico's Economy Department.
Years of price gains eclipsing income growth has left many buyers unable to afford a home, possibly suppressing construction activity.
Commerce Secretary Wilbur Ross, one of the richest people in President Donald Trump's Cabinet, questioned Thursday why furloughed federal workers were using food banks instead of taking out loans to get through the monthlong partial government shutdown.
The U.S. economy surged in the April-June quarter to an annual growth rate of 4.1 percent. That's the fastest pace since 2014, driven by consumers who spent their tax cuts and exporters who rushed to get their products delivered ahead…
The Commerce Department has started an investigation into the impact of uranium imports on U.S. national security, a move that could limit future imports and add another front to the Trump administration's trade fight.
WASHINGTON — Breaking with Republican orthodoxy, a new Trump administration will work quickly to re-do the North American Free Trade Agreement, a massive trade pact with Canada and Mexico that has boosted trade but still stings laid off workers across…
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