US Economy
If A Recession Really Is Coming, Here's What Powell And Trump Can Do To Stop It
AMERICA - Published date: .
With a bond market signal pointing to a recession, policymakers have a choice: act now or hope that conditions change fo... Read more
Consumer Spending, Personal Income Data Show Economy Slowing Swiftly In The New Year
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U.S. consumer spending rebounded less than expected in January and incomes rose modestly in February, suggesting the eco... Read more
Mnuchin Says US-China Trade Talks Were 'constructive'
AMERICA - Published date: .
U.S. Treasury Secretary Steven Mnuchin said in a tweet on Friday that he and U.S. Trade Representative Robert Lighthizer... Read more
Looking For Recession Signs? Follow The Jobs, Says Credit Suisse Economist
AMERICA - Published date: .
Investors trying to sniff out signs of the next recession should pay attention to an increase in broader unemployment, s... Read more
US Weekly Jobless Claims Unexpectedly Fall
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The number of Americans filing applications for unemployment benefits unexpectedly fell last week, suggesting labor mark... Read more
Economic Growth Slowed In The Fourth Quarter, Leaving GDP Short Of Trump's Goal
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In all, 2018 closed with a 2.9 percent increase, short of President Trump's hopes for 3 percent growth. Read more
China Pledges To Expand Opening Its Financial Market As The US Trade Delegation Arrives
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China will sharply expand market access for foreign banks and securities and insurance companies, Premier Li Keqiang sai... Read more
China Makes Unprecedented Proposals On Tech Transfer As Trade Talks Progress: US Officials
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The U.S. and China have made progress in all areas under discussion in trade talks, but sticking points remain, U.S. off... Read more
US Efforts To Cut Trade Deficit Show Biggest Win In Almost A Year
AMERICA - Published date: .
The U.S. trade deficit dropped sharply to $51.15 billion as exports rebounded from a slowdown at the end of 2018. Read more
Likely Fed Nominee Stephen Moore Thinks Rates Should Be Cut By Half A Percentage Point
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The Heritage Foundation fellow backed off on earlier criticism he had for the Fed and specifically its chairman, Jerome ... Read more
US Consumer Confidence Weakens In March
AMERICA - Published date: .
American consumers were feeling less confident this month amid continued volatility in the financial markets. Read more
Home Prices In January See Smallest Gain In Nearly 4 Years: S&P Case-Shiller
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Prices are rising, but the gains are shrinking, since fewer buyers are able to afford the homes available for sale. Read more
US Housing Starts Fall In February On Weak Single-family Homebuilding
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U.S. homebuilding fell more than expected in February as construction of single-family homes dropped to more than a 1-1/... Read more
Trump Tariffs Costing US Consumers $1.4 Billion Per Month, Study Shows
AMERICA - Published date: .
The Federal Reserve Bank of New York, Princeton and Columbia find President Trump's tariffs are costing U.S. consumers b... Read more
'More Bumps In The Road' Before US-China Trade Deal, Former Treasury Secretary Jack Lew Warns
AMERICA - Published date: .
A new round of trade talks between American and Chinese officials could help bring an end to the global trade war, forme... Read more
Business Economists See A Slowdown In Growth This Year, Survey Says
AMERICA - Published date: .
The nation's business economists foresee a sharp slowdown in U.S. economic growth over the next two years, in sharp cont... Read more
Ex-Fed Chair Yellen: The Recession Indicator In The Bond Market Could Mean A Rate Cut Not A Downturn
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Yellen discusses the yield curve inversion, which sent stocks tumbling on Friday. Read more
Fed's Charles Evans Says US Economy Is Slowing But Downplays Recession
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Chicago Federal Reserve President Charles Evans says the U.S. economy has slowed but downplayed chances of a recession. Read more
The Bond Market Is Flashing Its Biggest Recession Sign Since Before The Financial Crisis
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The three-month bond yield eclipsed the 10-year note Friday morning, a traditionally strong sign that a downturn is loom... Read more
US Weekly Jobless Claims Fall More Than Expected
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The jobless claims report pointed to still strong labor market conditions, though the pace of job growth has slowed afte... Read more