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The Worldwide Leader in News: Economy

22:31 2019-09-18

The Fed Is Poised to Cut Rates Again. Here’s What to Watch. The central bank is set to announce its decision at 2 p.m. There will be a lot of moving parts, but policymakers are unlikely to do enough to satisfy...
17:56 2019-09-18

Election authorities aren't in a position to stop Yang's free money giveaway even if it is illegal Democratic presidential candidate Andrew Yang’s “freedom dividend” free money raffle has raised questions of legality, but the watchdog tasked with o...
07:00 2019-09-18

Labor watchdog agency could gain all-GOP board in December The National Labor Relations Board, the main labor law enforcement agency, is on track to be completely controlled by Republicans in December. The fi...
07:00 2019-09-18

Fed rate cut is coming, but some market insiders doubt it's really necessary A Federal Reserve rate cut at the end of this week's two-day FOMC meeting is considered a "lock" by the market, but chief financial officers of ...
21:00 2019-09-17

Modi, Trump, and a rally to make foreign policy great again We should welcome President Trump's attendance at an upcoming Houston rally by Indian Prime Minister Narendra Modi. It might seem silly, but this ral...
20:14 2019-09-17

GOP sets quick vote for Trump labor secretary pick Eugene Scalia Senate Health, Education, Labor and Pensions Committee Chairman Lamar Alexander announced Tuesday that the panel will vote on President Trump's pick ...
20:14 2019-09-17

Luddites are coming for your self-checkout line What would you think if you pulled into your favorite gas station and learned that just two of the 10 pumps were operating on a self-serve basis, and...
15:00 2019-09-17

Striking GM autoworkers seek to undo union deal setting different wage tiers General Motors workers went on strike this week in part to undo an agreement their union, the United Auto Workers, made nearly a decade ago to protec...
08:14 2019-09-17

GM autoworkers go on nationwide strike General Motors employees went on strike nationwide Monday following the expiration of the company's collective bargaining contract with the United Au...
17:00 2019-09-16

Guterres calls for ‘maximum restraint’ following drone assault on key Saudi oil facility The UN Secretary-General appealed on Sunday for “maximum restraint" following a wave of drone attacks claimed by Houthi rebels in Yemen, against a hu...
23:00 2019-09-15

Trump moves haphazardly toward Tax Cuts 2.0 President Trump is putting together a proposal for a second round of tax cuts to fortify his reelection platform, but the effort is coming together o...
07:28 2019-09-15

Three border wall projects reportedly canceled due to lack of funding amid environmental lawsuit against Trump The Trump administration reportedly canceled three projects to build parts of the barrier wall at the U.S. southern border in Arizona and California....
20:42 2019-09-14

Beijing backs away from including Huawei in trade talks China is pulling back on demands that national security issues be included in trade talks, suggesting that the status of Chinese telecom company Huaw...
11:56 2019-09-14

SEIU accused of union-busting by its own staff Staff members of the Service Employees International Union, one of the nation's largest labor organizations, have accused it of union-busting and mou...
05:56 2019-09-14

Macron must not buckle on pension reform In Paris, protesters brought the French capital to a near standstill on Friday. They're furious over President Emmanuel Macron's pension reform progr...
05:56 2019-09-14

China Drops Some U.S. Pork and Soybean Tariffs as Trade Tensions Ease Details were scant, but the move could help ease Chinese food prices and comes as trade talks between the two countries are set to resume next month....
12:28 2019-09-13

'It's all gone to hell now': Fiscal hawks suffer their time in the wilderness For one night, Democrats and Republicans packed a Capitol Hill hotel Tuesday to celebrate a cause that has otherwise been abandoned in Washington: Fi...
06:28 2019-09-13

Trade talk thaw: Chinese companies renew soybean purchases Chinese firms reportedly bought more than 600,000 metric tons of U.S. soybeans on Thursday, the country’s largest buy overall since June. The purchas...
06:28 2019-09-13

Uber faces uphill legal fight against California law Uber's announcement that it would continue to classify its California drivers as contractors despite new state legislation classifying the workers as...
06:28 2019-09-13

Obituary: T. Boone Pickens, 1928-2019 The death last week of 91-year-old T. Boone Pickens, the southwest oilman, corporate raider, hedge funder, and philanthropist, reminds us that busine...
06:28 2019-09-13

U.S.-China rift gets a relationship status The Trump administration’s trade policy with China has gradually come to be associated with the phrase “decoupling.” The emergence of the phrase, whi...
06:28 2019-09-13

New Lawsuit Against Uber Is Set to Test Its Classification of Workers A class-action suit on behalf of drivers in federal court in California, filed on Wednesday, accused Uber of wrongly classifying drivers under the st...
00:00 2019-09-13

Chinese spies use Hong Kong to steal sensitive Western technology Hong Kong’s special trade relationship with the United States has given China the opportunity to steal sensitive technology it would not otherwise ha...
22:00 2019-09-12

China seeks to narrow trade talks with US, put aside Huawei and security issues China will reportedly try to separate trade issues and national security ones from the upcoming round of negotiations set to begin in Washington, D.C...
20:28 2019-09-12

Occupational licensing reform is not a partisan issue You won't find President Trump agreeing with Hillary Clinton and Barack Obama on many issues, but the need for occupational licensing reform is one m...
20:28 2019-09-12

Elizabeth Warren unveils Social Security plan to raise benefits by $200 via taxes on high earners Elizabeth Warren proposed a sweeping new plan to increase Social Security benefits by $200 per month and pay for it by raising taxes on high-income e...
20:28 2019-09-12

Yes, Trump can use executive authority on capital gains indexing As expected, Congress’ summer break didn’t mean a letup in the never-ending debate about capital gains indexing — whether or not President Trump shou...
14:00 2019-09-12

California’s Contractor Law Stirs Confusion Beyond the Gig Economy After state lawmakers voted to extend minimum-wage and other protections to independent contractors, Uber said it would not treat its drivers as empl...
13:14 2019-09-12

Fed up ridesharing drivers nevertheless have questions about California legislative fix California’s passage of a bill to force “gig economy” companies such as Uber and Lyft to classify all workers as employees rather than contractors is...
12:00 2019-09-12

Trump calls for Fed 'boneheads' to slash interest rates to zero President Trump on Wednesday continued his attacks on the Federal Reserve, calling the central bank and its chairman, Jerome Powell, “boneheads” and ...
04:28 2019-09-12

California passes landmark bill to make Uber and Lyft drivers employees, not contractors The Democrat-led California legislature passed legislation on Wednesday that would require gig economy companies such as Uber and Lyft to stop classi...
04:28 2019-09-12

A working-class party will be a mostly nonwhite party Donald Trump in 2016 elicited eye-rolls from K Street Republicans and chuckles from self-satisfied liberals when he promised to make the Republican P...
04:28 2019-09-12

Confusion and Defiance Follow California’s New Contractor Law Hours after state lawmakers voted to extend minimum-wage and other protections to independent contractors, Uber said it would not treat its drivers a...
00:28 2019-09-12

Climate crisis could see ‘collapse’ of some economies without diversification, warns UN trade chief Climate change poses an “existential threat to commodity-dependent developing countries”, the United Nation’s trade chief said on Wednesday, pointing...
23:14 2019-09-11

California Bill Makes App-Based Companies Treat Workers as Employees Legislation near final approval would affect drivers for ride-hailing services, food-delivery couriers, janitors and others now viewed as contractors...
15:42 2019-09-11

George Soros praises Trump's China policy but urges hard line on Huawei Liberal donor George Soros praised President Trump's policy on China Tuesday and warned against backtracking on it by granting Beijing concessions re...
06:00 2019-09-11

The income inequality crisis that wasn’t Socialist senior citizen Bernie Sanders has regularly characterized supposedly rampant income inequality as the “defining crisis of our time,” and la...
06:00 2019-09-11

NLRB makes it easier for employers to change labor contracts without union permission The National Labor Relations Board, the main federal labor law enforcement agency, issued a ruling Tuesday that will make it easier for employers to ...
06:00 2019-09-11

US job openings decline for second straight month U.S. job openings fell for a second straight month in July amid decreases in wholesale trade and the federal government, which could bolster economis...
18:56 2019-09-10

For now, there’s no recession in sight When Friday’s employment report indicated that just 130,000 jobs had been added to the August workforce and that 25,000 of those were census workers,...
05:14 2019-09-10

Federal budget deficit hits $1T through 11 months of 2019 fiscal year The federal government's budget deficit was over $1 trillion for the first 11 months of the 2019 fiscal year, the Congressional Budget Office estimat...
05:14 2019-09-10

Trump administration indicates migration deal to avoid Mexico tariffs is holding up The Trump administration indicated Monday that a deal it struck with Mexico in June to limit immigration in exchange for forgoing 5% tariffs on Mexic...
05:14 2019-09-10

California Labor Bill, Near Passage, Is Blow to Uber and Lyft The companies seem to have fallen short in efforts to dodge legislation classifying many workers in the gig economy as employees and not contractors....
04:28 2019-09-10

JPMorgan Chase unveils 'Volfefe Index' to measure impact of Trump's tweets From attacks on the Federal Reserve and its chairman Jerome Powell to boasts about the U.S. economy, it's no secret that President Trump's tweets hav...
22:00 2019-09-09

Republicans don't want Mark Sanford, and his run for president is pointless Of all the reasons former South Carolina Rep. Mark Sanford could have given to run for president, he couldn’t have possibly picked a dumber one than ...
19:42 2019-09-09

US job growth likely slowed in August, but gains are enough to support the economy Nonfarm payrolls were expected to increase by 150,000 in August, while the unemployment rate was seen holding steady at 3.7%, according to economists...
05:00 2019-09-08

August jobs miss expectations — Cramer and other experts on what this means It was a softer August job market than anticipated. CNBC's Jim Cramer and other experts lay out what it means for the Fed, the economy and marke...
05:00 2019-09-08

Warren’s vampire plan seeks to drive a stake through the heart of capitalism Elizabeth Warren, the 2020 Democrat presidential hopeful and former Harvard professor, believes private equity companies are parasites on the economy...
20:56 2019-09-07

NLRB rules companies can bar nonemployee union activists from property The National Labor Relations Board, the main federal labor law enforcement agency, ruled Friday that businesses can ban nonemployee union activists f...
09:14 2019-09-07

Black unemployment rate hits record low The unemployment rate among black Americans hit a record low in August, closing in on the gap in unemployment rates between white and black Americans...
23:42 2019-09-06

It will take hometown heroes to fix broken towns EAST LIVERPOOL, Ohio — Greg Bricker is tired of his community looking through the rearview mirror to an idyllic past, rather than looking forward and...
18:28 2019-09-06

Economy added 130,000 jobs in August, falling short of expectations amid recession fears The economy gained 130,000 jobs in August while the unemployment rate stayed at 3.7%, the Bureau of Labor Statistics reported Friday, a middling resu...
18:28 2019-09-06

The jobs report is even weaker than it seems, shows an economy on tenterhooks at Trump's trade war On it's face, the August jobs report from the Bureau of Labor Statistics doesn't look too bad for the economy. The economy added 130,000 jobs, missin...
18:28 2019-09-06

'Tempers are calmer now' in China trade talks, Kudlow says White House economic adviser Larry Kudlow said Friday that trade negotiations between the United States and China could show progress this month beca...
18:28 2019-09-06

‘I Put My Own Life on Hold’: The Pain and Joy of Caring for Parents Readers shared their experiences of helping ailing relatives. For some, it brought crippling financial burdens and depression. Many also found moment...
12:28 2019-09-06

Full speed ahead for deregulation train Labor Secretary Patrick Pizzella knows he is likely to be demoted by the Trump administration before the end of the year, but doesn’t mind. He is, in...
12:00 2019-09-06

Rising retiree bankruptcies? It's a myth Do retirees face a crisis of rising bankruptcies? That’s what pretty much every major news outlet would have you believe. “The boomers going bust: wh...
12:00 2019-09-06

Trump is hurting the military so he can build his ‘wall’ President Trump is wrong on both legal and policy grounds to divert $3.6 billion from already approved military construction projects for use instead...
02:56 2019-09-06

People hate Uber, but it's because of quality control, not politics Uber is reportedly in “crisis mode" as it works to piece back together its disintegrating reputation. But a Washington Post article from late last mo...
02:00 2019-09-06

Northern Bahamas ravaged by 'disaster of epic proportions' as UN releases US$1 million in emergency funds Following the “terrible devastation” of parts of the northern Bahamas in the Caribbean caused by Hurricane Dorian,  Secretary-General António Guterre...
16:28 2019-09-05

US weekly jobless claims increase marginally First-time claims for state unemployment benefits were expected to total 215,000 in the most recent week, in line with the prior week's number o...
14:56 2019-09-05

‘Digital divide’ will worsen inequalities, without better global cooperation Inequality will worsen unless the so-called “digital divide” – the gap between under-connected and highly digitalized countries – is not addressed, w...
03:14 2019-09-05

Northern Bahamas ravaged by 'disaster of epic proportions' as UN releases $1 million in emergency funds Following the “terrible devastation” of parts of the northern Bahamas in the Caribbean caused by Hurricane Dorian,  Secretary-General António Guterre...
03:14 2019-09-05

End the 'robots are coming for your job' panic Robots and automation will destroy American jobs — it’s a worrying refrain we hear echoed by prominent figures in academia, the private sector, and t...
01:14 2019-09-05

Boston Fed president warns against cutting interest rates While President Trump has urged the Federal Reserve to slash interest rates to strengthen the economy, the head of the Federal Reserve Bank of Boston...
01:14 2019-09-05

Maryland state workers sue union, alleging it defied Janus ruling and coerced dues A group of 19 Maryland state employees have filed a class action suit against their union, American Federation of State, County and Municipal Employe...
01:14 2019-09-05

Fox Business host: 'Our economy is suffering' as a 'direct result' of Trump trade war with China Fox Business host Stuart Varney acknowledged that the United States economy is "suffering" as a "direct result" of President Trump's trade negotiatio...
01:14 2019-09-05

Key Democrat says USMCA negotiation process 'not over yet,' could go into 2020 Connecticut Democrat Rosa DeLauro said Wednesday that the negotiations for the U.S.-Mexico-Canada Agreement on trade are "not over yet" and numerous ...
01:14 2019-09-05

Labor Department rehires staffer Bloomberg accused of anti-Semitism The Labor Department announced Wednesday that it was was rehiring Wage and Hour Division official Leif Olson, who resigned on Tuesday following a Blo...
01:14 2019-09-05

Trump administration announces nearly $2B for states to fight opioid crisis The Trump administration is providing states with $1.8 billion to fight the opioid crisis, the latest in a string of White House actions shaping the ...
20:28 2019-09-04

Reporters bash Bloomberg Law for story leading to resignation of Trump Labor appointee A number of reporters expressed their displeasure with Bloomberg Law after they published a story about an old Facebook post from a Trump Labor offic...
14:56 2019-09-04

Fed's Bullard says 'aggressive' step is needed to align Fed with markets, insure against trade war The U.S. Federal Reserve should cut interest rates to get ahead of both market expectations for a rate cut and a global trade war, St. Louis Federal ...
13:14 2019-09-04

‘They are riding a rubber ducky into alligator-infested waters’ Trump faces a contracting U.S. factory sector, a narrow path to trade victories and investors spooked by recession risks — all before an election yea...
11:14 2019-09-04

Welcome to San Diego. Don’t Mind the Scooters. A year ago, electric rental scooters were hailed as the next big thing in transportation. But their troubles in San Diego show how the services have ...
11:14 2019-09-04

Trump deputies study cutting taxes by indexing capital gains to inflation Several offices within the Trump administration are studying a policy that would lower taxes for investments such as stocks and real estate, accordin...
23:14 2019-09-03

Fake NFL jerseys reveal the evils of Chinese counterfeit goods When the National Football League’s regular season kicks off this Thursday, millions of fans will wear their favorite teams’ jerseys to show their su...
23:14 2019-09-03

DR Congo President and UN chief meet at a ‘historic moment’ for democracy in the country On the third and final day of his visit to the Democratic Republic of Congo (DRC), UN chief António Guterres declared that the country is experiencin...
01:14 2019-09-03

There is always dignity in work Part of what makes the United States unique is our celebration of this holiday on the first Monday in September. Only America and Canada have Labor D...
07:14 2019-09-02

Wisconsin Sen. Ron Johnson: Voters hurt by trade war sticking with Trump anyway OSHKOSH, Wisconsin — It’s just after 7:30 p.m. on a breezeless, sweltering August evening along Lake Winnebago. Sen. Ron Johnson has just returned ho...
07:14 2019-09-02

From coercion to corruption to collapse: The UAW's predictable demise The life cycle of labor unions is predictable, the late economist Sylvester Petro once wrote. Because they are born not out of mutual exchange, but o...
07:14 2019-09-02

US consumer spending jumps in July Consumer spending in the United States surged in July, according to new data released Friday, suggesting American households are playing a crucial ro...
06:56 2019-08-31

Trump China tariffs headed for rates comparable to Smoot-Hawley levies that worsened Great Depression The Trump administration is scheduled to raise tariffs on Chinese imports on Sunday to rates not seen since the notorious Smoot-Hawley tariffs enacte...
06:56 2019-08-31

Trump administration review of Ukrainian security aid worries former Soviet satellite states President Trump’s decision to subject funding for Ukrainian security to extra scrutiny is stirring unease among European allies worried about Russian...
01:14 2019-08-31

Even Harry Reid knows ‘Medicare for all’ is a disaster Former Senate Majority Leader Harry Reid of Nevada, recently made headlines for criticizing the "Medicare for all" proposal popular among Democratic ...
23:14 2019-08-29

Federal watchdog agency: Misclassifying workers as independent contractors is not a labor violation Misclassifying an employee as an independent contractor is not itself a violation of federal law, the National Labor Relations Board ruled Thursday i...
23:14 2019-08-29

Trumka says labor department nominee Scalia 'has only gotten worse' since Bush administration tenure AFL-CIO President Richard Trumka said the labor government would likely oppose President Trump's pick to be labor secretary, lawyer Eugene Scalia, ar...
19:14 2019-08-29

Economy grew at 2.0% in second quarter, revised data show The U.S. economy grew at a 2.0% annualized rate in the second quarter of 2019, the Bureau of Economic Analysis reported Thursday in a second estimate...
16:56 2019-08-29

‘Extinction crisis’ pushes countries to agree stronger protection for global wildlife At-risk wildlife that is facing a “growing extinction crisis” received a boost on Wednesday, as countries wrapped up a marathon meeting in Geneva, by...
08:56 2019-08-29

NBC News can’t verify Lawrence O’Donnell’s bombshell Trump-Russia report MSNBC prime time host Lawrence O'Donnell was forced to add additional context to a bombshell claim he made in regards to Deutsche Bank's recent discl...
00:28 2019-08-29

Lawrence O'Donnell says he made 'an error in judgment' by reporting unverified Trump-Russia bombshell MSNBC prime-time anchor Lawrence O'Donnell issued an apology for running with a single-sourced unverified claim about President Trump and Deutsche Ba...
00:28 2019-08-29

Bernie Sanders seems to think socialism has reduced Chinese poverty; he's got it exactly wrong Bernie Sanders has a new hero. During an interview with Hill.TV, the Vermont senator claimed that despite China’s authoritarian tilt, the communist r...
14:28 2019-08-28

No face-to-face trade talks announced for US and China, telephone talks limited The White House and Beijing have said they are engaged in negotiations over trade, but the current talks are taking place only over the telephone and...
14:28 2019-08-28

Here's one way San Francisco is a shining example San Francisco just proved that even under challenging conditions, a city doesn't have to sell its soul or sell out its taxpayers in order to broaden ...
14:28 2019-08-28

Technology brings positive change, but ‘collateral damage’ must be minimized: senior UN official Digital technology has the potential to bring about a sustainable future, but the “collateral damage” of this transition must be mitigated, says the ...
03:56 2019-08-28

Former New York Fed president says central bankers should interfere with the 2020 election to oust Trump Want to know how to spot someone who was unaffected by the last recession? Look for the people who argue now that another economic disaster would be ...
18:14 2019-08-27

Jimmy Carter’s 1977 law gives Trump sweeping powers to block China trade Legal scholars and trade policy experts say that President Trump is right to claim broad powers to prohibit companies from trading with foreign count...
16:42 2019-08-27

The 1977 law signed by Jimmy Carter that gives Trump sweeping powers to prohibit companies from trading with China Legal scholars and trade policy experts say that President Trump is right to claim broad powers to prohibit companies from trading with foreign count...
08:14 2019-08-27

Marginalized groups hit hardest by inequality and stigma in cities Millicent Auma Otieno, a Kenya-based human rights and community activist, campaigns on behalf of women and persons with disabilities who face stigmat...
05:28 2019-08-27

Trump has considered higher tariffs on China, White House says The White House ratcheted up the trade war rhetoric with Beijing on Sunday by claiming that President Trump was considering placing even higher tarif...
01:56 2019-08-27

Olive Garden calls out fake claims they support Trump after boycott trends Olive Garden, the Italian American chain restaurant, was forced to defend itself against potential customer boycotts after a Twitter user claimed the...
01:56 2019-08-27

Trump says trade fight with China is 'the way I negotiate' President Trump defended his negotiating approach with China and disputed that it caused uncertainty for the global economy, saying that the style ha...
01:56 2019-08-27

Trump’s trade wars risk global economic disaster With President Trump threatening large-scale trade wars against multiple trading partners simultaneously, it’s time to explain, in terms of cause and...
01:56 2019-08-27

Wyden says 'under no circumstances' should Trump host G-7 summit at his hotel Oregon Senator Ron Wyden said that "under no circumstances" should President Trump be allowed to host next year's G-7 summit at Trump National Doral ...
01:56 2019-08-27

Democrats oppose proposed Trump administration changes to apprenticeship laws A group of about 150 Democrats told the Trump administration Monday that it objected to proposed changes to federal apprenticeship programs, a key pu...
01:56 2019-08-27

'I was kidding, being sarcastic': Trump defends comment that he is 'the chosen one' President Trump tweeted in defense of his comment that he is 'the chosen one' during a Wednesday press conference while discussing the trade arrangem...
02:00 2019-08-25

'You bet': Boris Johnson vows to talk Trump down from trade war at G-7 Prime Minister of the United Kingdom Boris Johnson told reporters on Saturday that he intends to tell President Trump to deescalate his trade war wit...
02:00 2019-08-25

Trump Report Card: Trade war dominates Wall Street, G-7 in France This week’s White House Report Card finds President Trump culminating another extraordinary week in France at the G-7 economic summit where his lates...
13:42 2019-08-24

Business groups slam China tariff hikes and call for end to trade war escalation The business community slammed the White House's announcement Friday that it was hiking tariffs on Chinese goods. Trade associations said the continu...
02:56 2019-08-24

Trump says US businesses are 'ordered' to find alternatives to China trade President Trump on Friday directed all U.S. businesses to immediately find alternative sources for any goods they were importing from China. The comm...
01:14 2019-08-24

Trump suggests Jay Powell is a 'bigger enemy' than Xi Jinping President Trump tore into the Chair of the Federal Reserve Jay Powell saying he potentially is a "bigger enemy" to the United States than the preside...
01:14 2019-08-24

Dow drops 400 points after Trump ‘ordered’ US companies from China The Dow Jones Industrial Average slid more than 350 points in the minutes following a tweet from President Trump "ordering" U.S. companies to find su...
01:14 2019-08-24

Sensing vulnerability, China turns up the heat on Trump With its announcement on Friday of new 5-10% tariffs on $75 billion in U.S. goods, China is escalating pressure on President Trump. Xi Jinping senses...
01:14 2019-08-24

Dow closes 600 points down as Trump tweets fan trade war The Dow Jones Industrial Average ended Friday down more than 600 points, about 2.4%, capping a daylong slide that started after President Trump direc...
01:14 2019-08-24

Chamber of Commerce rebuffs Trump on China pullout The U.S Chamber of Commerce said Friday that President Trump's call for U.S. businesses to pull out of all trade with China was the wrong course. The...
01:14 2019-08-24

NLRB may change rule protecting profane speech by union activists The National Labor Relations Board may soon change the rules on how profane, verbally abusive, and racially insensitive labor activists can be and st...
01:14 2019-08-24

Reporter testing the 'availability of guns at Walmart' fails background check A senior correspondent for Business Insider investigated "the availability of guns at Walmart" by attempting to purchase a firearm, but proved unable...
08:56 2019-08-23

Overstock CEO resigns after ‘deep state’ comments Patrick Byrne has resigned as the CEO of Overstock following comments he made about the “deep state,” and his relationship with Russian agent Maria B...
08:56 2019-08-23

US manufacturing sector contracts for first time in nearly 10 years U.S. manufacturing contracted in August for the first time in nearly a decade, the most recent indicator of the effect President Trump’s protracted t...
08:56 2019-08-23

Keep calm and trust in free-market democracy: Hong Kong shows how America can defeat China In our globalized economy, highly mobile capital works in favor of investors and consumers who value democratic protections. That dooms China's autho...
08:56 2019-08-23

Record low unemployment no insurance against a recession With recession fears starting to haunt the 2020 election, the Trump administration is pointing to factors like the nation’s historically low unemploy...
08:56 2019-08-23

How Politics Constrain Federal Reserve and Other Central Banks Top economists will meet in Jackson, Wyo., this week for a meeting sponsored by the Kansas City Fed. But politicians gathering in France hold the rea...
00:56 2019-08-23

Relentless sequence of disasters in Asia-Pacific ‘sign of things to come’, cautions UN regional body Changing patterns and worsening impacts of natural disasters in Asia and the Pacific, coupled with environmental degradation and climate change, are ...
21:42 2019-08-22

Art Laffer warns on negative rates, saying he'd borrow as much as he could for no-interest "If I could borrow without paying any interest, or ever pay the money back, I would borrow as much as I could, too," the 'Trumponomics' co-...
16:28 2019-08-22

CBO says Trump's tariffs hurting economic growth The nonpartisan Congressional Budget Office said Wednesday that the White House's trade policies, in particular its use of tariffs, has become a drag...
07:14 2019-08-22

Boeing to hire 'few hundred' workers to support grounded 737 MAX Boeing needs a “few hundred” temporary employees to help oversee its grounded fleet of 737 MAX jets as the company works to return the planes to the ...
07:14 2019-08-22

No mention of 'Medicare for all' from Warren or Sanders at union event Presidential candidates Elizabeth Warren and Bernie Sanders, speaking at an Iowa labor event for 2020 Democrats, both conspicuously omitted one of th...
07:14 2019-08-22

Democrats want to keep tariffs off EU olive oil Nineteen Democrats wrote U.S. Trade Representative Robert Lighthizer Wednesday to demand that the U.S. ensure that olive oil imported from Europe rem...
07:14 2019-08-22

AFL-CIO's Trumka warns Democratic union endorsement not automatic AFL-CIO President Richard Trumka warned Democrats on Wednesday that they could not take union endorsements for granted and would have to meet a highe...
07:14 2019-08-22

Trump says he had to 'take China on,' regardless of the short-term impact on US economy President Donald Trump said he had to confront China over trade even if it caused short-term harm to the U.S. economy because Beijing had been cheati...
00:56 2019-08-22

Trump team braces GOP donors for a potential ‘moderate and short’ recession The White House is weighing cuts to corporate and payroll taxes, among other measures, to cushion the U.S. economy if an election-year recession hits...
04:56 2019-08-21

Farmers and ranchers caught in the middle of Trump’s trade wars The past few years have been trying times for America’s farmers and ranchers. As President Trump’s trade war with China drags on with no end in sight...
00:28 2019-08-21

Kellyanne Conway blasts journalists for only covering economy when the news is bad Kellyanne Conway condemned the media on Monday for ignoring good news about the American economy and focusing only on messages of gloom following gro...
00:28 2019-08-21

Stephanie Ruhle: Recessions are 'okay' and a 'normal part of economic activity’ With many speculating and predicting another economic recession is in the near future, MSNBC anchor Stephanie Ruhle said on Monday while no president...
00:28 2019-08-21

Trump knocks Fed chairman and calls for rate cut President Trump on Monday continued his broadside against Federal Reserve Chairman Jerome Powell, saying he has a “horrendous lack of vision,” and ca...
00:28 2019-08-21

Don't worry, a recession is still unlikely The media tells us the yield curve is inverted and this means a recession is both certain and imminent. Every media outlet that's not for President T...
00:28 2019-08-21

Trump risks reelection crown jewel with economic silliness President Trump's economic record should be the leading selling point in his reelection campaign, but Trump is risking that record with his increasin...
00:28 2019-08-21

White House whiplash: Trump says he is considering payroll tax cut after spokesman denied it President Trump said he is mulling a cut to payroll taxes to keep the U.S. economy firing, just hours after White house officials denied the idea was...
00:28 2019-08-21

Job Training Can Change Lives. See How San Antonio Does It. A program with an intensive approach offers a rare success story in producing lasting wage gains. Its guiding principle: “We will not let them fail.”...
20:00 2019-08-19

'I plead guilty': Larry Kudlow admits he was wrong about 2008 recession NBC host Chuck Todd reminded White House economic adviser Larry Kudlow of his ill-fated prediction in 2007 that there was "no recession coming," as K...
22:56 2019-08-18

China Pressures Business Over Hong Kong. Workers Get Caught in the Middle. Beijing wants global companies to back its power over the city, even as their workers join protests calling for greater say in the fate of their home...
19:42 2019-08-18

Trump aides reportedly convinced him to delay Chinese tariffs by arguing they'd 'ruin Christmas' Trade advisers to President Trump ostensibly appealed to his softer side, suggesting that he delay planned tariffs on China that could "ruin Christma...
03:28 2019-08-18

Buying Greenland isn't a good idea — it's a great idea The reaction to President Trump's sudden interest in buying Greenland from Denmark has been mostly one of derision. And Denmark, which owns the terri...
23:00 2019-08-17

China softens stance on trade after saying it has to take counter-measures to US tariffs "We hope the U.S. side will meet China half-way, and implement the consensus reached by the two leaders during their meeting in Osaka," China's ...
21:42 2019-08-16

US weekly jobless claims rise more than expected First-time claims for state unemployment benefits were expected to total 214,000 for the most recent week, up slightly from the 209,000 claims report...
21:42 2019-08-16

Fed's Bullard says only a 'sustained' bond inversion would be a bearish signal The inversion of portions of the Treasury bond yield curve this week "would have to be sustained over a period of time" to be taken as a "bearish" si...
21:42 2019-08-16

No, a European-style health system isn’t the answer As candidates for the 2020 Democratic nomination present their visions for “Medicare for all,” politicians on both sides of the aisle are increasingl...
16:28 2019-08-16

China threatens retaliation, calls for US to 'meet it halfway' on trade Beijing claimed Thursday that the U.S.-proposed tariffs set to go into effect on Sept. 1 violated earlier agreements made by the two countries during...
16:28 2019-08-16

Stephanie Grisham ridicules Scaramucci: 'His feelings just seem to be hurt' White House press secretary Stephanie Grisham slammed former staffer Anthony Scaramucci for his recent criticism of President Trump during her Wednes...
16:28 2019-08-16

Trump lays the groundwork to avoid voters’ recession blame Between poor economic news coming out of China and Germany, the inversion of the yield curve, and trade negotiations with friend and foe alike that h...
16:28 2019-08-16

Woke capitalism cowers to China Over at National Review, David French asks a question to which every humanist and freedom fighter in the western world wishes a resounding affirmativ...
16:28 2019-08-16

Trump says he has 'no' fear China trade war could lead to recession President Trump said Thursday that he had no fear that Chinese economic retaliation in the ongoing trade war would lead to a recession in the U.S. He...
16:28 2019-08-16

Trump Labor nominee Eugene Scalia fought OSHA ergonomics rules from their beginning Trump labor secretary nominee Eugene Scalia fought Occupational Health and Safety Administration ergonomics regulations even before they were officia...
16:28 2019-08-16

US housing debt surges to $9.4T, topping record high from 2008 Residential mortgage debt in the U.S. reached a new high in the three months through June, topping a previous record during the height of the financi...
21:42 2019-08-14

'I belong to me': What happens in Middle America when the pools, churches, and bars all close FAYETTE COUNTY, Pa. — Between Fayette Avenue and the Monongahela River in Fayette City used to be the local swimming pool. The old sign for Crystal P...
16:56 2019-08-14

Trump will have a harder time turning things around as the China trade war drags on No president wants to face voters in an economic downturn. But if that were Trump's only concern, he never would have pursued his haphazard trad...
14:28 2019-08-14

Uptick in inflation may ease Fed's worries about slowing US growth Consumer prices for urban shoppers, an inflation benchmark that covers nearly 90% of the U.S. population, climbed more rapidly last month, a shift th...
00:56 2019-08-14

Trump says he delayed China tariffs to protect Christmas shoppers President Trump on Tuesday said that this administration would hold off on 10% tariffs on some Chinese goods until after the Christmas shopping seaso...
00:56 2019-08-14

Barstool Sports founder draws ire of AOC and unions for vowing to 'crush' union Barstool Sports founder Dave Portnoy drew criticism from leading labor groups and Democrats for warning his employees against unionizing, vowing that...
00:56 2019-08-14

Tariff postponements prove Trump 'doesn't care' about changing China, Wyden says Top Senate Finance Committee Democrat Ron Wyden said Tuesday that President Trump's move to temporarily exclude certain Chinese products from tariffs...
00:56 2019-08-14

Christmas in August: Trump delays China tariffs for ornaments, sweaters, mittens, and Santa beards President Trump said Tuesday that the White House was delaying implementing 10% tariffs on some Chinese goods in order to not disrupt the fall and wi...
00:56 2019-08-14

Schumer will ask Trump to divert wall funding to combat gun violence and white supremacy Senate Minority Leader Chuck Schumer plans to ask the Trump administration to divert a $5 billion wall funding allocation to programs aimed at ending...
23:42 2019-08-13

Trump delays new tariffs on Chinese phones, toys until mid-December The Trump administration will delay new tariffs on some Chinese imports until mid-December after widespread complaints from businesses and exempt oth...
18:00 2019-08-13

China says trade talks will resume in two weeks Chinese and U.S. officials talked Tuesday and are scheduled to talk again in two weeks, Beijing's Commerce Ministry said Tuesday in a statement. The ...
18:00 2019-08-13

The CBO sounds another spending alarm Just 10 months into the fiscal year, our budget deficit has already surpassed the totality of that of 2018. Currently at $867 billion, the federal go...
17:14 2019-08-13

Martin O’Malley is wrong: city government is out of control To some people, decades of waste, inefficiency, and failed ambition across government is somehow evidence that the public sector isn’t proactive enou...
10:00 2019-08-13

The Trump recession could be right around the corner The signs of health risks for the U.S. economy suddenly are everywhere. And President Trump’s prescriptions for prevention would actually be poison f...
03:14 2019-08-13

California’s nanny state politicians might kill off Uber Uber has revolutionized the transportation industry, created a gig economy for part-time flexible employment, and improved the lives of millions of A...
21:42 2019-08-12

Labor Department sends White House proposal for limited overtime expansion The Labor Department sent a proposed rewrite of the federal regulations covering overtime to the White House Monday for final approval, according to ...
21:42 2019-08-12

China's success is a story of capitalism eradicating poverty China gave birth to several products that helped change the course of history, such as gunpowder, the compass, and paper money. But its greatest gift...
16:00 2019-08-12

‘We are facing a learning crisis’, UN chief warns on International Youth Day Schools are “not equipping young people with the skills they need to navigate the technological revolution”, UN Secretary-General António Guterres wa...
08:00 2019-08-12

Trump labor nominee Eugene Scalia played key role changing rules on tipping President Trump’s nominee to head the Labor Department, private sector lawyer Eugene Scalia, had a key role in one of the most controversial issues i...
08:00 2019-08-11

Trump tariff tweets thicken fog of trade war for farmers and retailers The trade war that President Trump is waging with China was burden enough for the Midwest farmers who helped put him in the White House, forcing some...
08:00 2019-08-11

HBO's Maher prefers recession to Trump victory in 2020 HBO host Bill Maher has doubled down on his assertion that an economic recession in the United States would be welcomed if it stopped President Trump...
19:14 2019-08-10

Trump 'not ready' to deal with China, says September talks may be canceled President Trump said he was "not ready" to make a deal with China on trade and that a planned September meeting between White House officials and Bei...
21:42 2019-08-09

Biden's stark trade reversal Democratic presidential candidate Joe Biden was once one of the most ardent cheerleaders for the Trans-Pacific Partnership, a 12-nation trade deal th...
07:42 2019-08-09

On deregulation, Walker's Wisconsin showed the way Before Gov. Scott Walker took office, Wisconsin was suffering from a bloated government that needed to be pared back and an economy that needed to be...
07:42 2019-08-09

Pelosi leads delegation to Central America Speaker Nancy Pelosi and a dozen Democrats are traveling this week to Guatemala, El Salvador, and Honduras, where living conditions are prompting hun...
20:00 2019-08-08

Trump China currency manipulator designation met with congressional silence, including from Democrats who'd long sought it President Trump's designation of China as a currency manipulator has drawn virtually no reaction from members of Congress, even though a number of la...
06:56 2019-08-08

Businesses say they're running out of wiggle room in coping with Trump tariffs Business groups are warning Washington that adding further tariffs on imported Chinese goods will start having noticeable negative effects on the eco...
03:42 2019-08-08

Trump reaching limit on China tariffs — but has other tools President Trump has nearly reached the limit in terms of what he can do with tariffs as part of the trade war with China and would have to use other ...
15:14 2019-08-07

Runaway Amrock verdict shows the dangers of letting trade secrets overtake patents Sometimes, a trade secret is the only way to go. It’s understandable that companies like Kentucky Fried Chicken, Coca-Cola, and Bush’s Baked Beans wa...
00:28 2019-08-07

Economic prospects are dimming, and voters will notice From all indications, economic growth over the next year will be slower than in the last year. In July, citing trade-war weakness, the International ...
00:28 2019-08-07

Former Fed leaders fight Trump's attempts to influence central bank Four former Federal Reserve leaders are stressing the importance of an independent central bank in maintaining economic stability as President Trump ...
18:00 2019-08-06

Kudlow says China trade talks still on, more farm aid possible White House economic adviser Larry Kudlow said Tuesday that despite the recent escalation in the trade war with Beijing, the Trump administration rem...
16:28 2019-08-06

China suspends purchases from US farmers as trade war heats up Beijing's Commerce Ministry announced Monday that it had stopped buying U.S. agricultural goods in retaliation for the Trump administration's decisio...
14:28 2019-08-06

Treasury Department designates China as a currency manipulator The Treasury Department announced Monday that it would designate China as a currency manipulator, reversing an earlier position by the Trump administ...
14:28 2019-08-06

How Does China’s Currency Move Put Pressure on U.S.? A weaker renminbi blunts President Trump’s tariffs on Chinese-made goods. But the strategy carries risks beyond worsening relations with the United S...
23:42 2019-08-05

China Hints at Weaponizing Its Currency, Rattling Markets Beijing’s willingness to let the renminbi weaken could signal a new phase in the U.S.-China trade war that might ripple through the global financial ...
15:00 2019-08-05

A tariff-hungry Trump is risking his economic successes Friday's jobs numbers, positive figures pointing to the creation of 164,000 net new jobs in July, serve as a reminder that President Trump still has ...
03:28 2019-08-05

Factories can't keep July sizzle unless US solves trade issues U.S. manufacturers added 16,000 workers in July, the most of any month since January, but they won't be able to keep up that momentum unless Washingt...
07:28 2019-08-04

Heat stress spike predicted to cost global economy $2.4 trillion a year An increase in heat stress at work linked to climate change is set to have a massive impact on global productivity and economic losses, notably in ag...
22:28 2019-08-03

DR Congo Ebola outbreak now an international Public Health Emergency, UN health agency declares The second worst Ebola outbreak of all time, in the Democratic Republic of the Congo (DRC), was officially declared an international Public Health Em...
22:28 2019-08-03

Business groups warn new Trump China tariffs threat hurts ability to plan President Trump’s threat to put tariffs on $300 billion worth of Chinese goods has hurt businesses' ability to plan, trade groups say, even though th...
07:14 2019-08-03

A pro-growth carbon tax could lower the payroll tax rate The demand for climate change action is growing, prompting many conservatives to look for policies to address climate change while holding true to th...
07:14 2019-08-03

Trump 'only kidding' about 25% tariffs on EU cars President Trump announced Friday that he had struck a deal with the European Union to put a 25% tariff on its car imports, then followed that by sayi...
23:01 2019-08-02

Chamber of Commerce slams new Trump tariffs on China The Chamber of Commerce, the nation's largest business trade federation, slammed President Trump's announcement that he would enact tariffs on an add...
22:28 2019-08-02

The Fed cuts rates and the tariff man tweets: Is the recession threat real? The latest 25 basis point interest rate cut by the Federal Open Market Committee came with the yawn it deserved, though it was one of the most antici...
22:28 2019-08-02

Trump's new tariffs on China might shrink the global economy, says bank CEO "It's not good for Asia's economy, it's not good for China, but it's also not good for the U.S., because ultimately, we are not a...
17:56 2019-08-02

US consumer sentiment index hits 98.4 in July, slightly topping June numbers The University of Michigan's final print on its consumer sentiment index for July came in at 98.4, matching its mid-month reading. The consensus...
17:56 2019-08-02

Jobs report shows labor market solid as economy faces new trade threats July's employment report shows the labor market remains solid, while business investment has turned more cautious due to tariffs and trade frict...
17:56 2019-08-02

Trump administration giving hi-tech visas new scrutiny The administration began rejecting more visa extensions for immigrants with high-tech or other specialized skills, a little-noticed policy change tha...
06:56 2019-08-02

Big business virtue signaling is bombing with consumers Business credibility is in the tank. Results of a recent Pew Research survey depict a society-wide erosion of trust — especially for business leaders...
06:56 2019-08-02

Trump accuses China of backtracking on trade and promises to add tariffs next month President Trump said Thursday that he would place tariffs on $300 billion worth of Chinese goods starting in September, claiming that China was refus...
04:56 2019-08-02

The Fed should stop its interest-rate games Rather than try to figure out which placebo will best assuage the delicate psychologies of day-traders, the Federal Reserve Board should announce it ...
04:56 2019-08-02

Trump says no trade at all with China 'would be fine with me' President Trump defended his move to slap tariffs on an additional $300 billion worth of Chinese goods by saying that he would be fine if all trade b...
04:56 2019-08-02

Cryptocurrencies get pinched by the IRS One perennial challenge faced by tax policymakers and regulators is that the real world changes much faster than laws and tax rules do. The latest si...
04:56 2019-08-02

Trump's China tariff hike draws mixed reception from lawmakers President Trump's surprise Thursday announcement that he would place tariffs on $300 billion worth of Chinese goods drew mixed reaction from Senate l...
04:56 2019-08-02

Boris Johnson's Big Tech tax risks souring his friendship with Trump When France imposed a new digital services tax on Silicon Valley’s biggest companies, President Trump responded in kind, threatening a tariff on the ...
16:28 2019-08-01

Economic uncertainty, geopolitical tensions stall growth in Latin America and Caribbean region, UN says Citing “an external context of greater uncertainty and growing complexity”, the head of the UN Economic Commission for Latin America and the Caribbea...
06:14 2019-08-01

Union use of inflatable rats may be curtailed The National Labor Relations Board, the federal government’s main labor law enforcement agency, may limit a favorite tactic unions employ against emp...
06:14 2019-08-01

Biden now opposes Trans-Pacific Partnership that Obama administration pursued Democratic presidential candidate Joe Biden said Wednesday that he now opposes the Trans-Pacific Partnership, a 12-nation trade deal for which the Ob...
06:14 2019-08-01

Trump needs to shift his focus to black jobs, not jabs Vice President Mike Pence told reporters in Ohio this week, "I couldn't be more proud of what we've been able to do for the African American communit...
06:14 2019-08-01

Rand Paul declares Tea Party dead as Congress, Trump agree on new spending Budget hawk Sen. Rand Paul, ripping the new and expensive $2.7 trillion budget deal and its supporters on both sides, declared the tight-fisted Tea P...
02:56 2019-08-01

Paul: Big budget deal marks 'death of tea party' Sen. Rand Paul, who was first elected in 2010 as a one of the original tea party candidates, declared the movement dead on Wednesday, citing a massiv...
02:56 2019-08-01

Republican Hawley introduces bill to weaken dollar to counter China Republican Josh Hawley and Democrat Tammy Baldwin introduced Senate legislation Wednesday to have the Federal Reserve weaken the dollar to promote ex...
22:56 2019-07-31

Fed Cuts Interest Rates for First Time Since 2008 Crisis The Federal Reserve cut its benchmark interest rate a quarter point as it tried to insulate the economy from President Trump’s trade war and a global...
21:28 2019-07-31

Bernie's campaign union strife is what he proposes for the whole country For many conservatives, the labor struggles of socialist Sen. Bernie Sanders are greatly amusing. The senator has never seen a favor to Big Labor tha...
19:56 2019-07-31

GOP lawmaker blocked restrictions on lenders near military bases while wife worked for bank lobby A powerful, long-serving Republican congressman blocked a federal crackdown on predatory lenders targeting military members while his wife was workin...
19:56 2019-07-31

Trump administration moves to broaden access to 401(k) plans for small businesses The Trump administration announced a new federal rule Monday intended to expand worker access to 401(k) retirement plans. The rule explicitly approve...
19:56 2019-07-31

Warren promises bigger role for liberal groups in setting trade policy Elizabeth Warren promised Monday that she would make federal trade policy more transparent and give a bigger role labor and environmental groups in s...
19:56 2019-07-31

Harris announces 'landmark bill' with AOC to fight 'environmental injustice' Sen. Kamala Harris announced she was teaming up with Rep. Alexandria Ocasio-Cortez to make sure the Green New Deal would lift up low-income communiti...
19:56 2019-07-31

Trump administration overtime rule revamp expected in early fall The Trump administration's controversial revamp of federal overtime rules, which is expected to cover fewer workers than a version of the rule advanc...
19:56 2019-07-31

Aid to make up for Trump trade wars mostly going to largest farmers More than half of the $8.4 billion in aid the U.S. Agriculture Department has given out to compensate for disruptions caused by President Trump's tra...
19:56 2019-07-31

Sen. Sinema and fellow corporate-welfare fans try to ramp up the Export-Import Bank Corporate welfare is on the march on Capitol Hill. A bipartisan posse of lawmakers has proposed a bill to expand the Export-Import Bank (a federal ag...
19:56 2019-07-31

CNN analyst: Liberal Democrats proposing 'voodoo economics' Following the first night of the Democratic debates in Detroit on Tuesday, CNN analyst Gloria Borger offered front-runner Joe Biden advice ahead of h...
19:56 2019-07-31

White House says latest China trade talks were 'constructive,' but no breakthroughs U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin concluded two days of "constructive" trade talks with Beijing offic...
19:56 2019-07-31

Massive spending deal poised for House passage Thursday House Democrats plan to call up a two-year deal to lift federal budget caps and suspend the debt ceiling and they say they’ve got the votes to pass i...
19:28 2019-07-31

McConnell urges Republicans: Hold your nose and pass budget deal Majority Leader Mitch McConnell urged Senate lawmakers to pass a massive federal spending and borrowing deal as Republicans registered their oppositi...
19:28 2019-07-31

Sen. David Perdue: A 'no' vote on the budget deal is a vote for more spending When President Trump set out to negotiate a budget deal, he had two primary goals: continue to reduce discretionary spending as a percentage of the e...
19:28 2019-07-31

Southwest Airlines to Leave Newark Airport as Toll of Boeing’s 737 Max Grounding Grows The carrier also said its profits were down about $175 million in the second quarter because of the troubled jet’s inability to fly after two deadly ...
18:14 2019-07-31

A Recession Is Coming (Eventually). Here’s Where You’ll See It First. Economists don’t know when the decade-long expansion, now the longest in American history, will end. But here are the indicators they will be watchin...
18:14 2019-07-31

U.S. and China Resume Trade Talks Amid Dim Prospects for Deal American officials are playing down the likelihood of an agreement as they restart negotiations with their Chinese counterparts in Shanghai this week...
18:14 2019-07-31

Where Floods of ‘Biblical Proportion’ Drowned Towns and Farms Floodwaters swamped more than half a million acres of forest and farmland in the lower Mississippi Delta more than six months ago, gulping up highway...
18:14 2019-07-31

Echo Trump’s Tough Talk, or Lift Tariffs? Democrats Clash Over Trade Though presidential candidates appearing at a debate on Tuesday generally favored a strong approach to China, they differed over whether protectionis...
18:14 2019-07-31

US weekly jobless claims fall to a 3-month low The number of Americans filing applications for unemployment benefits unexpectedly fell last week, pointing to continued strong labor market conditio...
18:00 2019-07-31

Hedge fund manager Kyle Bass says a US-China trade deal can't be reached Hedge fund manager Kyle Bass is doubtful a trade deal between the U.S. and China can be reached and believes rate cuts are less effective these days....
18:00 2019-07-31

Fed expected to cut rates as economy feels trade war impact, despite strengthening consumer The Fed is expected to cut interest rates Wednesday, after second quarter GDP shows inflation is still sluggish and trade wars are impacting business...
18:00 2019-07-31

Strong consumer spending vs. weak business investment: What really matters for the US economy U.S. consumer spending, the biggest part of the economy, saved the day for the record-long expansion, but a big decline in business investments raise...
18:00 2019-07-31

Trade jitters running high at American companies ahead of new US-China talks Worries about the U.S.-China trade war are running high during the current U.S. quarterly reporting season, with tariffs mentioned in about a third o...
18:00 2019-07-31

US consumer spending, prices rise moderately U.S. consumer spending and prices rose moderately in June, pointing to slower economic growth and benign inflation that could see the Fed cutting rat...
18:00 2019-07-31

Labor secretary nominee Eugene Scalia faces conflict of interest problem in labor lawyer brother Labor secretary nominee Eugene Scalia may be obligated to recuse himself from some agency litigation, ethics experts say, because his younger brother...
08:42 2019-07-25

A conservative case for a war tax Conservatives are always hesitant to support new taxes. For one thing, we have a deeply nonsensical, overcomplicated tax regimen already, where too m...
08:42 2019-07-25

House approves loan program for troubled pension plans The House voted 264-169 on Wednesday to pass legislation that would create a new Treasury Department agency to provide taxpayer-backed loans to endan...
05:00 2019-07-25

Switzerland ranked as most innovative country in new UN report The World Intellectual Property Organization, WIPO, named Switzerland as the world’s most innovative country on Wednesday, during the launch of its l...
00:14 2019-07-25

Wednesday’s Daily Brief: Switzerland leads on innovation, UNICEF ‘lifelines’ for Yemen, Ebola latest, Liberia peacekeepers Our main stories today: the latest Global Innovation Index ranks Switzerland the world’s most innovative country, the head of the UN Mission in DRC w...
00:14 2019-07-25

China trade talks to start next week, Mnuchin says Treasury Secretary Steven Mnuchin said Wednesday that he will travel to China next week with U.S. Trade Representative Robert Lighthizer to resume ta...
22:00 2019-07-24

Justice Scalia's most lasting legacy could be his children In a 30-year career on the Supreme Court, Justice Antonin Scalia authored more than 800 opinions, forming the basis for the conservative originalist ...
09:14 2019-07-24

Dear 2020 Democrats: Small business is doing just fine right now For many people, the economy is, at this very moment, stronger than it has been at any other point in their life. The unemployment rate is hovering n...
09:14 2019-07-24

Pelosi urges fellow Democrats to back bipartisan spending deal House Speaker Nancy Pelosi urged rank-and-file Democrats to support a bipartisan deal to dramatically raise federal spending caps and suspend the deb...
22:00 2019-07-23

The budget agreement is a huge win for Trump's pro-life policies President Trump and congressional leaders reached a sweeping bipartisan budget on Monday to suspend the debt ceiling and increase federal spending li...
22:00 2019-07-23

Trump's reckless budget deal with Pelosi provides opening for Mark Sanford primary challenge In joining forces with House Speaker Nancy Pelosi on a budget deal that would raise the debt ceiling and boost spending by $340 billion above hard-fo...
22:00 2019-07-23

Congress clears permanent funding for Sept. 11 victims fund The Senate cleared legislation Tuesday to permanently authorize a Sept. 11 victims compensation fund, rejecting GOP amendments to put limits on the f...
22:00 2019-07-23

Boris Johnson needs Trump in order to succeed Entering No. 10 Downing Street as prime minister on Wednesday, Boris Johnson will finally attain his lifelong ambition. But he faces many challenges ...
21:42 2019-07-23

Blame for bad budget belongs with Trump’s border bluster If the emerging Capitol Hill budget deal is “the worst in history,” as one watchdog group calls it, a large part of the fault lies with President Tru...
01:14 2019-07-23

Trump announces bipartisan budget agreement, would raise spending by $320 billion After negotiations with both Republican and Democratic leaders in Congress, President Trump announced the parties had come to a compromise on a two-y...
01:14 2019-07-23

Elizabeth Warren is not wrong about our impending economic crisis, it's just her solutions that miss the mark Sen.Elizabeth Warren has touted plenty of awful plans in her bid for the presidency, attempting to marry expansive and socializing economic policies ...
23:14 2019-07-22

Elizabeth Warren predicts economic recession 'maybe even by the end of 2020' Elizabeth Warren issued a stark warning about the economy as she rolled out a slew of proposed regulations and trillion-dollar investments amid conce...
18:28 2019-07-22

Five reasons the Trump tariffs hurt the US At the G-20 summit, President Trump did an about-face and reopened negotiations with Chinese President Xi Jinping. He held off on levying additional ...
15:28 2019-07-22

Sanders campaign roiled by complaints it's paying less than $15 an hour to staffers Bernie Sanders' 2020 presidential bid is reportedly going through internal turmoil over staff complaints that the campaign isn't paying the equivalen...
08:42 2019-07-20

Eugene Scalia, Trump's labor nominee, frustrated Obama's agenda with mastery of legal minutiae President Trump’s nomination of Eugene Scalia to lead the Labor Department would put one of the private-sector attorneys most responsible for frustra...
08:42 2019-07-20

Top UN sustainable development forum closes with galvanized effort toward ‘empowerment, inclusiveness and equality’ In closing the High-level Segment of the Economic and Social Council (ECOSOC) on Friday, President Inga Rhonda King assured participants that the ses...
01:28 2019-07-20

Rep. Dusty Johnson: Madam Speaker, bring USMCA to the floor ASAP Both in South Dakota and in Washington, I repeatedly hear the same thing: Support free trade but hold bad actors accountable. As Americans, our innov...
09:14 2019-07-19

Battle for union members goes to the states The Supreme Court’s 2018 Janus v. AFSCME ruling, expected to be a major blow to public sector unions, has set off a battle at the state level between...
05:14 2019-07-19

House votes to double federal minimum wage to $15 per hour The Democrat-led House voted to raise the federal minimum wage to $15 per hour, more than double the current rate of $7.25, and the first proposed in...
19:28 2019-07-18

Is Huawei a Security Threat? Vietnam Isn’t Taking Any Chances As the world splits along U.S.-China fault lines, telecom companies in Vietnam appear to be quietly avoiding the Chinese tech giant in their 5G plans...
17:42 2019-07-18

Slowing growth in home prices aggravates recession worries Growth in home prices, the main source of wealth for most Americans, is shrinking, fueling concern that the longest economic expansion in U.S. histor...
17:28 2019-07-18

Chamber faces conservative backlash for pushing minimum wage compromise Conservative groups are arguing that the Chamber of Commerce made a strategic mistake by suggesting a compromise with congressional Democrats on rais...
08:14 2019-07-18

DR Congo Ebola outbreak now a Public Health Emergency, UN health agency declares The second worst Ebola outbreak of all time, in the Democratic Republic of the Congo (DRC), was officially declared a Public Health Emergency of Inte...
22:56 2019-07-17

House to vote on $15 federal minimum wage Thursday The House of Representatives will vote Thursday on legislation to raise the federal minimum wage to $15 an hour by 2026, more than double the current...
05:14 2019-07-17

Trump's Cabinet and the true cost of high turnover With the departure of Alexander Acosta as labor secretary, President Trump now owns the record for the highest turnover in his first two and a half y...
00:28 2019-07-17

Trump’s New Top Labor Official Is Expected to Advance an Anti-Labor Agenda One of Mr. Pizzella’s White House admirers describes him as a “movement conservative” more likely to agree with the White House on cutting labor rule...
00:14 2019-07-17

Will Congress put three people out of work for each one it helps? Should the national minimum wage be raised gradually from the current $7.25 per hour to $15 per hour by 2025, as proposed by the Raise the Wage Act? ...
20:28 2019-07-16

2020 Democrats have all the wrong ideas for the budget It’s no secret that the two dozen or so 2020 Democratic presidential candidates are promising a slew of new and expanded government programs that are...
07:14 2019-07-16

Jerome Powell should tread cautiously with real-time payments proposal Facebook’s proposed digital currency Libra got most of the attention during Federal Reserve Board Chairman Jerome Powell's appearances before Congres...
04:42 2019-07-16

Trump may leave Pizzella 'acting' labor secretary to avoid Senate fight President Trump has given little indication that he intends to formally nominate Deputy Labor Secretary Patrick Pizzella to replace departing Labor S...
00:56 2019-07-16

For our future, more Indian immigrants, please If, like me, you believe that the U.S. needs to welcome immigrants on a sustainable basis, you should support a greater U.S. government priority on t...
00:56 2019-07-16

NY Fed 'Empire State' factory index posts biggest gain in more than 2 years The New York Federal Reserve said its gauge of manufacturing growth in New York state returned to positive territory, suggesting regional activity wa...
18:14 2019-07-15

Over 820 million people suffering from hunger; new UN report reveals stubborn realities of ‘immense’ global challenge After nearly a decade of progress, the number of people who suffer from hunger has slowly increased over the past three years, with about one in ever...
18:00 2019-07-15

UN highlights importance of skills development on World Youth Skills Day At UN Headquarters, and across the globe, events are taking place on Monday to celebrate World Youth Skills Day – marked each year on 15 July – to ra...
18:00 2019-07-15

The USMCA trade deal is a big tax cut Congress has been sitting on the United States-Mexico-Canada Agreement, or USMCA, for months. A badly needed update to NAFTA, the USMCA is in danger ...
10:14 2019-07-15

With half of Somaliland children not in school, UNICEF and partners launch education access programme Access to education in Somaliland is extremely limited, with more than 50 per cent of children in Somaliland out of school. In an effort to address t...
22:28 2019-07-13

DeVos, charters, & ‘school choice’ hurt African American children Education Secretary Betsy DeVos and charter school operators have denounced the NAACP’s opposition to charter school expansion, arguing that charters...
23:28 2019-07-12

Why politicians prefer debt ceiling crises to balanced budgets Once again, it seems, the federal government stands at the edge of a pending debt crisis. According to recent estimates, even while the nation enjoys...
20:42 2019-07-12

Don't leave rural workers out of the employment renaissance With its proposed food stamp work requirement rule, USDA has an opportunity to crack down on fraud and abuse while moving millions from welfare to wo...
20:42 2019-07-12

Treasury could run out cash in early September, urges Congress to raise debt ceiling before recess The Treasury Department said it could run out of cash in two months, asking Congress to increase the debt ceiling before lawmakers leave for a six-we...
19:28 2019-07-12

Acosta resignation puts veteran bureaucrat Patrick Pizzella in charge of Labor Patrick Pizzella, a veteran of several past Republican and Democratic presidential administrations, will take over as acting secretary of labor follo...
18:28 2019-07-12

Alaska and Amazon vie to hire 2,200 to be freed under Trump prison reform President Trump's criminal justice reform law will release some 2,200 federal inmates next week, and reform supporters are finding broad interest amo...
06:42 2019-07-12

A Prime Day for an Amazon workers' strike When Hibaq Mohamed started working at a new Amazon fulfillment center in Shakopee, Minnesota, in 2016, she was required to pack a minimum of about 16...
05:56 2019-07-12

Reversal brings Fed into line with Trump The Federal Reserve is set to begin cutting interest rates next month for an unusual reason: Not out of fear that the economy is tipping into recessi...
05:56 2019-07-12

Wall Street banks are bailing on troubled American farmers amid US-China trade war In the wake of the US housing meltdown of the late 2000s, JPMorgan Chase & Co hunted for new ways to expand its loan business beyond the troubled mor...
04:14 2019-07-12

German trade minister places 50-50 odds on resolving auto tariffs German Economic Minister Peter Altmaier said Thursday there were even odds that the U.S. and the European Union could reach a deal that would avoid t...
03:14 2019-07-12

Washington Post 'analysis' claims the CBO is wrong about the downside to raising the minimum wage. It just won't tell you why The Congressional Budget Office’s dim view of efforts to raise the national minimum wage to $15 an hour is wrongheaded and based on bad data, accordi...
03:14 2019-07-12

Dow Jones briefly crosses 27,000 mark for the first time ever The Dow Jones Industrial Average broke records on Thursday morning by surging past 27,000 for the first time ever, rising 132 points during morning t...
22:56 2019-07-11

Chamber of Commerce proposes minimum wage hike to at least $10 The Chamber of Commerce, the nation's largest business trade association, proposed raising the minimum wage to at least $10 an hour, up from its curr...
22:56 2019-07-11

US weekly jobless claims fall to 3-month low First-time claims for state unemployment benefits were expected to total 223,000 in the most recent week, up marginally from the 221,000 claims repor...
15:00 2019-07-11

At this point, the only remaining moderates are Republicans Moderates are understandably skeptical of President Trump. From his loud-mouthed tweeting to his adulterous past, there’s plenty to criticize. I’m no...
02:42 2019-07-11

Labor Secretary Acosta to hold press conference to address handling of Jeffrey Epstein Embattled Labor Secretary Alexander Acosta has scheduled a press conference for Wednesday afternoon to address his handling the of the prosecution fo...
02:42 2019-07-11

Under-fire Alex Acosta defends 2008 prosecution of Jeffery Epstein as defending victims Embattled Labor Secretary Alexander Acosta defended his handling of the prosecution of Jeffrey Epstein for sex crimes as a decision that protected th...
02:42 2019-07-11

US warns French digital services tax targets American companies, raising tariffs threat The U.S. Trade Representative's Office announced Wednesday that it had launched an investigation into whether U.S. companies were being unfairly targ...
02:42 2019-07-11

Democrats: Prisoners of the past on the economy We are all, to some extent, prisoners of the past. Things that have already happened — or that we remember as having happened — constitute the world ...
02:42 2019-07-11

Democrats push loan program to help endangered multiemployer pension plans House Democrats are set to advance legislation Wednesday to shore up endangered multiemployer pension plans by giving them low-interest federal loans...
16:28 2019-07-10

US rift with UK deepens as Commerce Secretary Wilbur Ross cancels meeting over presence of British ambassador Commerce Secretary Wilbur Ross abruptly canceled a long-planned meeting with Britain's Secretary of State for International Trade Liam Fox Tuesday be...
03:56 2019-07-10

Democrat BET founder praises Trump, says party 'moved too far to the Left' Black Entertainment Television founder and Democrat Robert Johnson praised President Donald Trump for the state of the economy and also accused the D...
03:56 2019-07-10

Trump praises Labor Department secretary as criticism mounts over Epstein controversy President Trump on Tuesday defended Labor Secretary Alexander Acosta, who is under fire for his role in negotiating a lenient plea deal in 2008 for s...
03:56 2019-07-10

USMCA vote may not come until autumn, Kudlow says White House economic adviser Larry Kudlow said Tuesday that a congressional vote on President Trump's U.S.-Mexico-Canada Agreement on trade may not h...
03:56 2019-07-10

Congress can act to reclaim trade authority once and for all Capitol Hill is focused on negotiations over the United States-Mexico-Canada Agreement, but there’s another discussion about trade policy that’s happ...
03:56 2019-07-10

Groundbreaking cancer-fighting drugs now included in updated UN list of essential medicines The UN health agency, WHO, announced on Tuesday that dozens of new drugs have been added to the list of essential medicines that every country should...
20:56 2019-07-09

CBO projects $15 minimum wage would cost 1.3 million jobs The nonpartisan Congressional Budget Office said Monday that raising the federal minimum wage to $15 an hour, up from the current rate of $7.25 a hou...
03:14 2019-07-09

Now hiring for a Trump-branded Fed: GOP flip-floppers on rates The president has one key quality in mind in filling out the central bank: a willingness to cut interest rates in a strong economy, violating years o...
18:56 2019-07-08

Jobs, growth, and higher wages leave Democratic contenders searching for excuses Friday’s June jobs report, with its expectations-shattering gain of 224,000 net jobs (including 17,000 manufacturing jobs) and its 4% unemployment ra...
16:14 2019-07-08

Elizabeth Warren fibbed — private prison stocks have bombed in the Trump era When writing today's editorial, we already knew that Elizabeth Warren was lying (or more generously, stretching it) during the debate two weeks ago w...
16:14 2019-07-08

America’s safety net needs a new vision There is nothing more American than the Fourth of July when we come together as a nation to celebrate our country’s independence. Each year, we comme...
06:28 2019-07-07

Member of Parliament leaves 10-year-old son at UK prime minister's residence in school closure protest It's no accident that an English woman left her 10-year-old son and some of his school friends on the steps of 10 Downing Street in London, which ser...
22:00 2019-07-06

Mexico and US trying to tweak USMCA rules about settling disputes The U.S. and Mexico are working on adding a side deal to the U.S.-Mexico-Canada Agreement on trade to address Democrats’ concerns over the deal’s dis...
05:14 2019-07-06

2020 Democrats rail against charter schools and flaunt big spending plans at education forum Democratic presidential hopefuls railed against charter schools and flaunted billion- and trillion-dollar education proposals during a Friday forum h...
02:00 2019-07-06

Byron York: Dem 2020 task: Convince voters to overlook economy On Oct. 28, 1980, in the final debate of his race against Jimmy Carter, Ronald Reagan asked a question that has come to define presidential politics....
01:14 2019-07-06

Trump's economy is the Democrats' disaster The creation of 224,000 new jobs in June further consolidates President Trump's economic stewardship. Beating expectations, those job numbers give Tr...
00:56 2019-07-06

China trade war could hurt domestic oil drilling One of the more unexpected effects of President Trump’s trade war with Beijing is that it might lead to rising prices for oil, not because tariffs ar...
00:56 2019-07-06

Elizabeth Warren's plan to eliminate the gender wage gap discredits the accomplishments of minority women Government has a new moral and economic imperative, according to presidential hopeful Elizabeth Warren, who vowed to wield the power of the Oval Offi...
21:56 2019-07-05

Economy adds quarter-million jobs, beating expert estimates in a comforting June jobs report If the Federal Reserve needed a sign to reject President Trump's demands for lower interest rates, the June jobs report from the Bureau of Labor Stat...
20:14 2019-07-05

Larry Kudlow: Huawei policy now part of trade talks with Beijing White House economic adviser Larry Kudlow confirmed Friday that the U.S. policy towards Chinese telecom giant Huawei would be a factor in the upcomin...
20:14 2019-07-05

Trade War May Be Slowing Business Spending and Factories, Fed Says A report by Federal Reserve officials said that United States economic activity increased at a “solid pace” in early 2019, but that risks still loome...
20:00 2019-07-05

Arizona mayor asks Nike to build planned factory there despite governor's opposition after sneaker controversy Mayor Georgia Lord of Goodyear, Arizona, has urged Nike to stick to plans to open a factory in her town despite Republican Gov. Doug Ducey pulling fi...
00:42 2019-07-05

Pay packet inequality growing worldwide, says new UN report Top earners around the world have seen their share of national income rise in the last decade and a half, while everyone else has seen their pay pack...
18:14 2019-07-04

Belief in Bootstraps Is Strongest Where Pulling Up Is Toughest Moving from poverty to wealth from one generation to the next is least likely in the South, but optimism there is greatest, tinged with political vie...
10:28 2019-07-04

China trade war could make next year's July 4 fireworks fizzle The fireworks industry is warning that a continued trade war with China could make next year’s Fourth of July displays fizzle early. The vast majorit...
08:28 2019-07-04

What job growth in June can reveal about a Fed rate cut in July Slowing private payroll growth in June, an indicator of broader labor market performance, will play a key role in whether the Federal Reserve cuts in...
19:28 2019-07-03

Boris Johnson embraces Trumpism with tax cut plan to boost UK economy The front-runner to become Britain’s next prime minister is planning to mirror one of President Trump’s signature tax cuts as he looks to secure econ...
14:56 2019-07-03

A small error in the tax reform law is crushing small retailers Thousands of small, family-run retailers like ours face enough of a challenge with Washington’s self-inflicted trade war, which is is raising costs a...
08:28 2019-07-03

USMCA progressing through 'side letters': Grassley Democratic congressional leaders and the Trump administration officials are inching towards an agreement on the U.S.-Mexico-Canada Agreement on trade...
01:00 2019-07-03

White House ups stakes in dispute with EU over Airbus The White House announced on Monday that it was adding $4 billion to a list of proposed tariffs that would be placed on European Union products as pa...
01:00 2019-07-03

'Dr. Doom' economist Nouriel Roubini sees trade war tipping global economy into a recession The rivalry between the U.S. and China could be so disruptive that it's starting to decouple the global economy and eventually causing a recessi...
15:28 2019-07-02

$300 billion in China tariffs still loom as a business worry Business groups warn that President Trump's Saturday announcement that the White House would not impose $300 billion in new tariffs on Chinese goods ...
13:14 2019-07-02

Monday’s Daily Brief: US-DPRK relationship reset, ‘Horrific’ Kabul bombing, Anti-conscription plan in Syria, Climate change heat stress, Security Council in Iraq This Monday, we cover: Guterres welcomes possible US-DPRK diplomatic upgrade; Taliban attack hits schools; UN-Syria action plan on child soldiers; Cl...
00:56 2019-07-02

Joe Biden wants to make 22 states more than double their minimum wage. What’s moderate about that? By flipping on the Hyde Amendment, Joe Biden ditched his moderate position on abortion by supporting taxpayer funding for it. Now it’s clear that he ...
23:28 2019-07-01

A China-U.S. Trade Truce Could Enshrine a Global Economic Shift Though details are scarce, any peace that leaves higher American tariffs in place could continue to hurt China’s status as the world’s factory floor....
18:42 2019-06-29

US-China trade talks 'back on track,' Trump says President Trump said the U.S. would resume trade talks with Beijing and would hold off on imposing new tariffs on $300 billion worth of Chinese goods...
16:14 2019-06-29

Congress: Pass immigration reform now to help immigrants like me I never expected to live in Richmond, Virginia. In fact, I never even imagined living in the United States. But after being here since 2017, I can’t ...
12:56 2019-06-29

Taxpayers deserve a maximum tax cut in Ohio’s new budget Ohio state lawmakers are on the verge of negotiating final, two-year budget legislation, after the Senate and House both passed competing budget bill...
22:42 2019-06-28

China spends $130B to finance its exports The Export-Import Bank estimated Friday that China provides $130 billion in credit and trade-related financing to bolster its exports, which helps ex...
18:56 2019-06-28

One year after Supreme Court Janus decision, unions are holding up better than expected On year after the Supreme Court ruling in Janus v. American Federation of State, County and Municipal Employees that was supposed to decimate public ...
09:56 2019-06-28

Tyler Cowen's Big Business analyzes mistrust of US industry but offers no cure In the fall of 1970, economist Milton Friedman wrote a now-famous article for the New York Times Magazine in which he argued that the sole responsibi...
09:56 2019-06-28

The media needs to stop getting the Republican tax cuts wrong With the 2020 election campaign heating up, the Republican tax cuts enacted in 2017 will be a major topic of debate. Most Republicans defend the tax ...
09:56 2019-06-28

Real workers know more about this economy than Elizabeth Warren It may come as no surprise to working men and women, but during the first Democratic presidential primary debate Elizabeth Warren clearly demonstrate...
09:56 2019-06-28

Pete Buttigieg is right: Tariffs are taxes on Americans Pete Buttigieg is a rising star in the Democratic party, and he certainly stood out from the crowd during Thursday night’s presidential debate. In a ...
09:56 2019-06-28

Security Council approves ‘historic’ political Haiti mission, ending UN peacekeeping role in the country The Security Council on Monday approved a resolution to create a UN “Integrated Office” in Haiti, designed to support the country’s government in str...
21:56 2019-06-27

Federal debt and deficits set to rise 'substantially,' budget office warns The Congressional Budget Office projected that the federal budget deficit will grow "substantially" over the next few decades, thanks to rising spend...
19:14 2019-06-27

Pelosi under pressure after Senate passes bipartisan border funding bill The Senate passed a $4.6 billion emergency spending bill to cope with the massive surge in illegal immigrants along the border, but the bipartisan me...
19:14 2019-06-27

Businesses that initially avoided Trump China tariffs now fear getting caught up in trade war Businesses that previously avoided the Trump administration's China tariffs now face levies on the same products under the latest proposal to put tar...
07:28 2019-06-22

Fed Officials Make the Case for Cutting Interest Rates as Risks Loom The presidents of the St. Louis and Minneapolis branches of the Federal Reserve want rates cut now, and even the central bank’s vice chair says uncer...
18:56 2019-06-21

Shattered ceiling: More college-educated women than men have jobs For the first time, there are more college-educated women than men in the labor force, according to the U.S. Bureau of Labor Statistics.FT_19.06.20_W...
15:42 2019-06-21

Senate panel advances emergency border funding The Senate Appropriations Committee approved a bipartisan emergency funding bill requested by President Trump to deal with the massive immigration su...
11:42 2019-06-20

Sen. Mike Braun: Despite gridlock, Congress has a real solution to address the border crisis When I arrived in Washington, the government was shut down due to the humanitarian and security crisis on our southern border. Six months later, as D...
11:42 2019-06-20

To Take Down Big Tech, They First Need to Reinvent the Law For decades, antitrust has focused on the welfare of the consumer. Now a backlash over Big Tech’s power has regulators and scholars trying to reverse...
11:14 2019-06-20

Republicans should reject Maxine Waters' bad Export-Import Bank deal Democrats are eager to ramp up a corporate welfare agency and load it up with some lefty mandates. That's no surprise. What's inexplicable is that at...
07:14 2019-06-20

Schumer demands investigation into Tubman $20 delay Senate Minority Leader Chuck Schumer is asking federal investigators to probe why the Trump administration postponed recreating the $20 bill with abo...
00:14 2019-06-20

Who pays the burden of Trump's Chinese tariffs? In a few weeks, depending on the outcome of testimony and due process procedures, the U.S.-China trade war may be escalated to an even more bitter le...
21:14 2019-06-19

Trump awarding Presidential Medal of Freedom to author of ‘Trumponomics’ President Trump will award the Presidential Medal of Freedom to economist Arthur Laffer, a top economist under former President Ronald Reagan's admin...
21:14 2019-06-19

Economy will face 'catastrophe' if Congress doesn't pass USMCA, Lighthizer says U.S. Trade Representative Robert Lighthizer told lawmakers Wednesday that the U.S. economy would suffer enormously if Congress doesn't ratify Preside...
21:14 2019-06-19

Fed leaves interest rates alone, resisting Trump's pressure for a cut The Federal Reserve left interest rates unchanged on Wednesday, resisting pressure from President Trump to reduce them as his trade disputes threaten...
20:14 2019-06-19

GOP offers $4.6B border ‘humanitarian’ plan, 86% for ‘migrant care’ Senate Republicans Wednesday offered up a $4.6 billion package for humanitarian assistance on the U.S.-Mexico border, with the bulk going to improve ...
18:28 2019-06-19

Here's Trump's winning message for 2020 President Trump launched his reelection campaign last night. It’s obviously anyone’s guess whether he can win. But if you’re getting your news from C...
18:00 2019-06-19

Lighthizer says US and China talking again on trade U.S. Trade Representative Robert Lighthizer said Wednesday that his office was once again in conversations with Chinese counterparts following a brea...
18:00 2019-06-19

Yes, AOC, your generation has seen American prosperity “An entire generation, which is now becoming one of the largest electorates in America, came of age and never saw American prosperity.” So says Rep. ...
07:56 2019-06-19

Lighthizer aims for trade deal with Japan in a few months U.S. Trade Representative Robert Lighthizer said Thursday that he expected to work out a trade deal with Japan within a few months, and warned that t...
04:42 2019-06-19

US housing starts fall in May, but starts for the prior two months were revised higher Housing starts fell in May, but building permits increased, suggesting that the housing market was drawing some support from a sharp decline in mortg...
19:42 2019-06-18

Democrats want to solve an inequality problem that doesn't exist Sen. Bernie Sanders, I-Vt., tells us that wealth inequality is at grotesque and immoral levels. Sen. Elizabeth Warren, D-Mass., has a plan to tax eve...
07:00 2019-06-18

Mastercard lets transgender users choose names on their cards (if banks agree) Mastercard, one of the two dominant U.S. payment networks, is introducing debit and credit cards that will let transgender users select whatever name...
02:56 2019-06-18

Chamber optimistic that Democrats want USMCA passed The Chamber of Commerce, the nation's largest business trade association, said Monday it was optimistic that Democrats in Congress would pass the U.S...
02:56 2019-06-18

India slaps tariffs on US fruits and nuts India has slapped retaliatory tariffs of up to 120% on 28 U.S. goods totaling $240 million, including almonds, apples, chickpeas, and walnuts, in ret...
02:56 2019-06-18

Trudeau to prod Democrats on USMCA Canadian Prime Minister Justin Trudeau will lobby House Speaker Nancy Pelosi, D-Calif., to take up the U.S.-Mexico-Canada Agreement on trade during a...
02:56 2019-06-18

Bipartisan leaders, Trump administration to huddle on elusive budget deal Trump administration officials and bipartisan House and Senate leaders are set to meet again this week in an effort to revive stalled negotiations on...
01:56 2019-06-18

Clothes-makers open China tariff hearings with warnings of 'devastating' consequences Clothing-makers called on the Trump administration Monday to forgo placing 25% tariffs on $300 billion worth of goods imported from China, arguing th...
19:42 2019-06-17

9.7 billion on Earth by 2050, but growth rate slowing, says new UN population report By the year 2050, there will be some 9.7 billion people living on Earth, says a UN population report released on Monday. However, the overall growth ...
19:14 2019-06-17

24 billion tons of fertile land lost every year, warns UN chief on World Day to Combat Desertification In a video message released in advance of the World Day to Combat Desertification and Drought, marked on Monday, UN Secretary-General António Guterre...
04:56 2019-06-17

Trade war costs overpower tax-cut gains at Cummins. Consumers may be next At enginemaker Cummins Inc., the costs of President Trump's trade war have already topped savings from sweeping corporate tax cuts enacted by a Repub...
11:14 2019-06-16

Poll finds little Republican support for spending cuts A majority of Republican voters oppose federal spending cuts to areas such as healthcare, the environment, and social welfare programs, according to ...
19:42 2019-06-15

Don't let oil prices drive Iran policy, Mr. President Iran's escalation of hostility in the Gulf of Oman is a dangerous situation. Targeting civilian oil and chemical tankers, Iran is threatening free pa...
07:14 2019-06-15

Trump's 'secret' agreement with Mexico revealed President Trump teased the media this week when he dangled a one-page document he said contained a "secret" deal with Mexico in front of journalists....
02:56 2019-06-15

The Fed is likely to drop 'patient' word next week, clearing way for July cut, economists say The Fed is not likely to make a move on interest rates when it meets next week, but it is expected to smooth the way for a rate cut later in the summ...
17:14 2019-06-14

US business inventories rebound; sales fall U.S. business inventories rebounded in April as sales fell, but inventory accumulation is still expected to be a drag on economic growth in the secon...
17:14 2019-06-14

With US-China talks stalled, critics fear tariffs will stay for the long term Lawmakers and the business community are growing increasingly concerned that President Trump's tariffs on Chinese goods will be around for the long t...
06:56 2019-06-14

Hispanics stick with Trump despite tough border stance President Trump is poised to launch his 2020 reelection as popular with Hispanic voters as other Republicans, bucking predictions that provocative na...
06:56 2019-06-14

He who Laffs last When President Trump announced he was awarding the Presidential Medal of Freedom to economist Arthur Laffer, there were groans of dismay in Washingto...
05:28 2019-06-14

Why South America's prospects are looking up My career as a financial tipster lasted only a few seconds, but, if I say so myself, it went rather well. In the hours that followed Donald Trump’s e...
05:28 2019-06-14

US weekly jobless claims unexpectedly rise, sparking fears the labor market is losing steam First-time claims for state unemployment benefits were expected to total 216,000, down slightly from the 218,000 claims reported for the previous wee...
16:00 2019-06-13

US import prices post the largest drop in 5 months U.S. import prices fell by the most in five months in May amid a broad decline in the cost of goods, the latest indication of muted inflation that st...
16:00 2019-06-13

Jobs and education help women advance, not abortion Kathryn Kaufman, the managing director for Global Women's Issues at the Overseas Private Investment Corporation, recently wrote that as a Republican ...
14:28 2019-06-13

Trump accuses China of backing away from trade deal President Trump claimed Wednesday that the U.S. had a trade deal with China mostly complete in late April before Beijing tried to walk back concessio...
23:00 2019-06-12

Georgia PM: We've fought together — now let's do business I have a quiz for my friends in the United States: Which country has sent troops to serve alongside American forces in Afghanistan, Iraq, and Kosovo?...
23:00 2019-06-12

Bernie Sanders leans into socialist label, touts 'economic bill of rights' Vermont Sen. Bernie Sanders, a 2020 Democratic presidential candidate, on Wednesday outlined his vision for a new "21st century economic bill of righ...
23:00 2019-06-12

Party of the rich? Millionaires prefer Joe Biden over Trump It must be true that the Democrats are the party of the downtrodden rather than the millionaires, for they tell us so repeatedly. What's odd, though,...
23:00 2019-06-12

Young New Yorkers bring robots, and a glimpse of the future, to UN Headquarters Tiny balls moved along a series of automated Lego robots, as young students from New York explained to United Nations staff the inner-workings of sim...
22:42 2019-06-12

Mick Mulvaney guzzles the deficit Kool-Aid As a member of the House of Representatives, Mick Mulvaney was a stalwart voice for deficit reduction and spending reform. He recognized that entitle...
15:00 2019-06-12

Soft inflation data on Wednesday could spark more speculation for a Fed rate cut soon Consumer price inflation was expected to have increased at a pace of 1.9% in May, slower than in April and below the Federal Reserve's 2% target...
13:14 2019-06-12

Rep. Crenshaw sends X-ray of missing eye to journalist who questioned his patriotism Texas Rep. Dan Crenshaw fired back at a New York Times contributing opinion writer for questioning his patriotism and claiming he was not signed on t...
02:42 2019-06-12

Senate will try to advance Trump's border funding request next week The Senate next week will try to advance President Trump’s emergency spending request to deal with the massive surge in illegal immigration on the Te...
00:42 2019-06-12

Mitch McConnell: 'The president deserves applause' on agreement with Mexico Senate Majority Leader Mitch McConnell congratulated President Trump after Trump’s gambit to force Mexico to adopt stiffer immigration policies paid ...
00:14 2019-06-12

College students need new financial habits to avoid piling up credit card debt The broke college kid isn’t just a stereotype: A new survey shows that 36% of college students have more than $1,000 in credit card debt. EVERFI, an ...
00:14 2019-06-12

Macron leads EU-wide minimum wage call as Merkel, Medvedev warn of global injustice  “Fundamental change” to the world of work – including an EU-wide minimum wage – is needed to address the growing gap between society’s haves and have...
19:01 2019-06-11

Biden reverses course: 'We need to get tough with China' Former Vice President Joe Biden on Tuesday plans on reversing his earlier stance on China, acknowledging during remarks in Iowa he is "worried" about...
16:56 2019-06-11

Trump says 'devalued' currencies put US at a disadvantage and the Fed doesn't have a 'clue' President Donald Trump said Tuesday the U.S. is at a disadvantage compared to other major currencies like the euro as other central banks keep intere...
15:28 2019-06-11

Border troops, nuclear strategy and Space Force among flashpoints in House defense proposal The House Committee on Armed Service's proposal for next year's defense budget covers sharp policy disagreements between the panel's majority Democra...
14:28 2019-06-11

That big 'Trump bump' in manufacturing is pretty much gone now Manufacturing had been one of the big winners during the Trump administration, but the surge appears to have stalled and tariffs could be at least pa...
13:28 2019-06-11

Brexit leader Nigel Farage poised to open his own trade talks with Trump LONDON — Nigel Farage, the leader of Britain’s Brexit Party, is planning to start his own trade talks with the White House amid frustration that the ...
08:14 2019-06-11

Canada-style refugee deal still on the table in Trump talks with Mexico The Trump administration's deal with Mexico on Friday to avoid tariffs could lead to Mexico adopting the same agreement Canada has with the U.S. rega...
08:14 2019-06-11

House cancels vote on pay raises for lawmakers House Democrats withdrew a bill scheduled for a vote this week that would have provided a cost of living pay increase to lawmakers and congressional ...
02:42 2019-06-11

Space Force back in House version of defense policy bill Democrats and Republicans on the House Armed Services Committee have agreed on a slimmed-down version of President Trump's Space Force and plan to ad...
22:42 2019-06-10

Monday’s Daily Brief: the future of food and digital tech, labour justice in focus, denuclearization, and Kosovo This Monday, top stories includes: a new report on risks and opportunities of digital technology; social justice for all at the centenary UN labour c...
22:14 2019-06-10

UN makes ‘declaration of digital interdependence’, with release of tech report The digital future must be safer and more inclusive, says a new tech report, “the Age of Digital Interdependence”, released on Monday by the UN High ...
21:01 2019-06-10