Jan 21 IMF predicts global economic growth to slow amid trade tensions By Paul Wiseman, Associated Press The International Monetary Fund expects 3.5 percent global growth this year, down from 3.7 percent in 2018. Continue reading
Jan 21 China’s economic growth slows to 6.6 percent, a 3-decade low By Joe McDonald, Associated Press Growth slowed to 6.6 percent as both the world's appetite for China's exports and domestic consumer spending weakened. Continue reading
Jan 09 Federal Reserve minutes reveal worries over economic risks By Martin Crutsinger, Associated Press Threats from volatile stock markets, trade tensions and uncertain global growth made the future path of interest rate hikes "less clear," Federal Reserve officials said during their December meeting. Continue reading
Nov 02 Watch 3:44 What does October’s banner jobs report tell us about where the economy is headed? Friday’s jobs report showed a quarter of a million jobs were added to the U.S. economy in October. The unemployment rate remained at its lowest rate in decades. And wages, up 3 percent year over year, grew the most they… Continue watching
Oct 26 U.S. economy grows 3.5 percent, boosted by consumer spending By Martin Crutsinger, Associated Press The strongest burst of consumer spending in nearly four years helped offset a sharp drag from trade. Continue reading
Aug 03 The economy added 157,000 jobs in July. Here’s what that means By Gretchen Frazee The U.S. economy added 157,000 jobs last month, and the unemployment rate ticked down slightly to 3.9 percent. Here are key takeaways from the latest jobs report. Continue reading
Feb 02 Watch 2:49 What does Friday’s sweeping sell-off mean for Wall Street? By PBS News Hour Stocks plunged on Friday over fears that the Federal Reserve will accelerate interest rate hikes. The sell-off was driven by news that the economy added a net of 200,000 jobs in January, with wages rising at the fastest pace in… Continue watching
Jan 03 Column: I’m predicting an economic recession in 2017. Are you ready? By Jay L. Zagorsky, The Conversation The current U.S. economic expansion is nearly the third-longest since the 1850s, making a recession likely in 2017. It's time to get ready. Continue reading
Nov 30 Watch 5:11 Sen. Thune on Wilbur Ross, Trump’s trade policy and entitlements By PBS News Hour On Wednesday, President-elect Donald Trump announced billionaire investor Wilbur Ross as his choice to head the Department of Commerce. Hari Sreenivasan asks Sen. John Thune (R-S.D.), a leading Senate Republican, about how Ross’ business dealings will be evaluated for potential… Continue watching
Aug 25 Watch 9:19 For Trump, China is at the heart of U.S. economic problems By PBS News Hour This year’s presidential election has emphasized the trio of trade, globalization and jobs. For the next three weeks, Making Sen$e’s Paul Solman will dive into the candidates’ perspectives on these issues. He starts with Donald Trump, whose trade rhetoric tends… Continue watching