Jul 31 Watch 6:32 Economist analyzes Trump’s trade deals as tariff deadline approaches By Amna Nawaz, Murrey Jacobson, Azhar Merchant With hours to go before President Trump’s deadline, dozens of countries are facing the possibility of significant tariffs that could go into effect. But there’s uncertainty around the deadline as Trump announced a 90-day extension for Mexico. Amna Nawaz discussed… Continue watching
Jul 30 Watch 7:32 Economy grows more than expected despite trade war concerns By Geoff Bennett, Jackson Hudgins The Federal Reserve announced it would keep interest rates steady, despite dissents from two members of its rate-setting committee who were appointed by President Trump. Trump has been pressuring Jerome Powell to cut rates, but the Fed chair has expressed… Continue watching
Jul 30 U.S. economy expanding 3% in second quarter, bounding back but growth masks economic uncertainty from Trump’s tariffs By Paul Wiseman, Associated Press The Commerce Department reported Wednesday that America gross domestic product — the nation's output of goods and services — rebounded after falling at a 0.5% clip from January through March. The first-quarter drop was mainly caused by a surge in… Continue reading
Jul 17 Only one in four U.S. adults say Trump policies have helped them, AP-NORC poll finds By Steve Peoples, Linley Sanders, Associated Press Overall, Trump fails to earn majority approval on any of the issues included in the poll. Continue reading
Jul 11 Watch 6:20 How the toy industry is feeling the effects of Trump’s tariffs By William Brangham, Diane Lincoln Estes President Trump is dialing up the pressure on several countries in pursuit of trade deals. Trump dismissed a warning from Hasbro’s CEO that toy prices will rise if the U.S. continues to hike tariffs. William Brangham discussed the tariffs and… Continue watching
Jul 05 Watch 7:43 What’s behind a thrifting boom among American shoppers By Ali Rogin, Veronica Vela While thrift stores are nothing new, they’re becoming more popular as shoppers deal with rising costs of living and even in some cases earn a living as resellers. The secondhand clothing industry is projected to grow about three times faster… Continue watching
Jul 03 U.S. employers added 147,000 jobs last month despite uncertainty over economic policy By Paul Wiseman, Associated Press The unemployment rate ticked down 4.1% from 4.2% in May, the Labor Department said Thursday. Continue reading
Jun 26 U.S. economy shrank 0.5% between January and March, worse than 2 earlier estimates had revealed By Paul Wiseman, Associated Press The U.S. economy shrank at a 0.5% annual pace from January through March as President Donald Trump’s import taxes at least temporarily disrupted business, the Commerce Department said. Continue reading
Jun 04 Watch 6:34 What’s ahead for U.S. economy as global market reacts to Trump’s tariffs By Geoff Bennett, Jackson Hudgins The Congressional Budget Office released an analysis of the impact of President Trump’s tariffs. It projects current policies would reduce the deficit by $2.8 trillion over the next decade, but raise inflation and shrink the size of the economy. It… Continue watching
Jun 03 American labor market shows resilience as job openings rise By Paul Wiseman, Associated Press U.S. job openings rose unexpectedly in April, showing that the labor market remains resilient in the face of uncertainty arising from President Donald Trump’s trade wars. Continue reading