business news
NY Fed 'Empire State' Factory Index Posts Biggest Gain In More Than 2 Years
AMERICA - Published date: .
The New York Federal Reserve said its gauge of manufacturing growth in New York state returned to positive territory, su... Read more
Treasury May Run Out Of Cash In Early September, Urges Congress To Raise Debt Ceiling Before Recess
AMERICA - Published date: .
The Treasury Department said it could run out of cash in two months, asking Congress to increase the debt ceiling before... Read more
US Producer Prices Rose Slightly In June, While The Cost Of Goods Declined
AMERICA - Published date: .
U.S. producer prices rose slightly in June as the cost of energy and other goods fell for a second straight month. Read more
Peter Navarro Says Don't Believe China Or US Press, Calls Wall Street Journal Stories 'garbage'
AMERICA - Published date: .
White House trade advisor Peter Navarro said media reports on the U.S.-China trade talks are not reliable. Read more
The Fed Chairman Says The Relationship Between Inflation And Unemployment Is Gone
AMERICA - Published date: .
Federal Reserve Chairman Jerome Powell said the relationship between unemployment and inflation has collapsed. Read more
Wall Street Banks Are Bailing On Troubled American Farmers Amid US-China Trade War
AMERICA - Published date: .
In the wake of the US housing meltdown of the late 2000s, JPMorgan Chase & Co hunted for new ways to expand its loan... Read more
Trump Says China Is 'letting Us Down' By Not Buying US Farm Products During Trade Talks
AMERICA - Published date: .
If China does not buy U.S. crops, it could bode poorly for a U.S.-China trade deal as Washington has said it expects Bei... Read more
US Core Inflation Posts Biggest Gain In Nearly 1 1/2 Years
AMERICA - Published date: .
U.S. underlying consumer prices increased amid solid gains in the costs of a range of goods and services. Read more
US Weekly Jobless Claims Fall To 3-month Low
AMERICA - Published date: .
First-time claims for state unemployment benefits were expected to total 223,000 in the most recent week, up marginally ... Read more
A Giant Manufacturer Just Gave A Glimpse Into This Earnings Season As It Tanks On Tariff Costs
AMERICA - Published date: .
For those who don't see China trade war hurting the U.S., a $17 billion industrial distributor sounds alarms on tariff c... Read more
France Approves Digital Tax On American Tech Giants, Defying US Trade Threat
AMERICA - Published date: .
President Trump ordered an investigation into France's planned "digital tax" on tech companies on Wednesday. Read more
Fed Chair Powell's Job Is Safe 'at The Present Time,' Larry Kudlow Says
AMERICA - Published date: .
The Trump administration is making "no effort" to remove the Fed's Jerome Powell, top White House economic advisor Larry... Read more
Strong Job Growth Is Back: Payrolls Jump In June Well Above Expectations
AMERICA - Published date: .
Payroll growth rebounded sharply in June as the U.S. economy added 224,000 jobs and the unemployment rate rose to 3.7%. Read more
Jobs Report Could Show A Slowing Trend And Be The Lever The Fed Needs To Cut Rates
AMERICA - Published date: .
Ten years into the recovery, the economy's ability to create new jobs may be slowing. Read more
Trump's Latest Fed Moves Are Another Step In Trying To Take Control Of Interest Rates
AMERICA - Published date: .
The president said he plans on sending the names of Christopher Waller and Judy Shelton to the Senate as Fed governor ap... Read more
US Trade Deficit Widens To A 5-month High Of $55.5 Billion In May
AMERICA - Published date: .
The U.S. trade deficit rose to a five-month high in May as the politically sensitive imbalances with China and Mexico wi... Read more
US Weekly Jobless Claims Fall More Than Expected
AMERICA - Published date: .
The unemployment data pointed to sustained labor market strength that should help support a slowing economy. Read more
Job Creation Has Another Rough Month In June As Private Payrolls Rise By Just 102,000
AMERICA - Published date: .
The growth in private jobs missed even modest Wall Street expectations of 135,000 and signal a possibly weak nonfarm pay... Read more
Weekly Mortgage Applications Stall As Rates Take A Respite
AMERICA - Published date: .
After several weeks of volatility, mortgage rates calmed down, and that offered little incentive for homeowners or buyer... Read more
'Dr. Doom' Economist Nouriel Roubini Sees Trade War Tipping Global Economy Into A Recession
AMERICA - Published date: .
The rivalry between the U.S. and China could be so disruptive that it's starting to decouple the global economy and even... Read more