Aug 27 U.S. consumer confidence dips slightly in August By Martin Crutsinger, Associated Press The Conference Board, a business research group, said Tuesday that its consumer confidence index edged down to 135.1 in August, slightly below a July reading of 135.8, which had been the highest since November. Continue reading
Aug 23 2020 Democrats try to criticize Trump without cheering on a recession By Julie Pace, Associated Press In town halls and speeches across the country this week, candidates leveled blame on Trump, arguing that his aggressive and unpredictable tariff policies were prompting gloomy economic forecasts. 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
Jul 11 U.S. budget deficit jumps 23 percent this fiscal year By Martin Crutsinger, Associated Press The surge in deficits reflects a variety of factors including a $1.5 trillion tax cut President Donald Trump pushed through Congress in late 2017 and billions of dollars in extra spending Congress approved in early 2018. Continue reading
Jul 04 Watch 10:30 Amid long economic expansion, why so many Americans are still struggling The U.S. is currently in the midst of the longest economic expansion since the period following World War II. But even though the numbers are good, they don’t add up to prosperity for all Americans. William Brangham talks to Matthew… Continue watching
Jun 19 Watch 5:12 Why the Fed kept interest rates steady for now, despite pressure from Trump The Federal Reserve says it's holding its benchmark interest rate steady, despite ongoing pressure from President Trump to reduce it. But Fed Chairman Jay Powell expressed openness to the idea of cutting rates if economic indicators warrant. He also recently… Continue watching
Jun 07 Watch 5:18 How shakier U.S. jobs numbers could become a self-fulfilling prophecy May's jobs report showed more signs of slowing economic growth in the U.S. The Labor Department reported a net gain of 75,000 jobs -- just a third of the total for the previous month. That change is set against a… Continue watching
Jun 05 Watch 5:04 News Wrap: U.S., Mexico hold trade talks amid looming tariff threat In our news wrap Wednesday, U.S. and Mexican officials held trade talks as President Trump's threatened 5 percent tariff on all Mexican imports looms. Trump has said the tariffs will go into effect June 10 unless Mexico does more to… Continue watching
May 11 AP fact check: Trump's fog of misinformation on trade By Calvin Woodward, Hope Yen, Associated Press President Donald Trump cast a fog of misinformation over the U.S. trade dispute with China, floating inaccurate numbers and skewed economic theories as big tariffs kicked in on Chinese goods. Continue reading
May 01 Watch 4:33 How a congressional freshman is learning to balance people and party By Lisa Desjardins Freshman GOP Congressman Denver Riggleman is now four months into his new job. Between the government shutdown and hearings over the Mueller report, he’s learning to balance life on the Hill with the needs of his Virginia constituents. Lisa Desjardins… Continue watching