Economy


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

'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

This Is Now The Longest US Economic Expansion In History

AMERICA - Published date: .

The ongoing U.S. economic expansion has entered its 121st month, marking the longest run on record going back to 1854. Read more

US Consumer Spending Rises In May, But Inflation Remains Muted

AMERICA - Published date: .

U.S. personal income was expected to rise 0.3% in May, down from the 0.5% increase reported for the previous month. Read more

Trump Might Not Need To Hear Much To Strike A Truce With China: Senior Official

AMERICA - Published date: .

Trump and Chinese President Xi Jinping are set to meet Saturday, with expectations running high that the two leaders can... Read more

What You Need To Know About Saturday's Highly Anticipated Trump-Xi Meeting

AMERICA - Published date: .

The highly anticipated meeting will likely impact the bilateral relationship and the broader global economy. Read more

US Core Capital Goods Orders Rebound; Shipments Increase

AMERICA - Published date: .

U.S. factory orders for long-lasting goods were expected to ease 0.1% in May, after sinking 2.1% a month earlier. Read more

Trump Says A US-China Trade Deal Is Possible, But He's 'happy Where We Are Now'

AMERICA - Published date: .

While Trump stresses the importance of getting a deal, he also says the tariffs have been good for the U.S. economy. Read more

Mnuchin: 'We Were About 90% Of The Way' On China Trade Deal And There's A 'path To Complete This'

AMERICA - Published date: .

Mnuchin tells CNBC he's confident President Trump and China's Xi Jinping can make progress in stalled trade talks. Read more

Major Companies Are Ringing Alarm Bells, Trying To Warn Washington About More Tariffs

AMERICA - Published date: .

More than 300 companies are talking to government officials in Washington about how detrimental the trade war is. Read more

Fed Chief Jerome Powell Warns Against Policy Bending To 'short-term Political Interests'

AMERICA - Published date: .

Powell stresses the central bank's independence amid continuous pressure from President Donald Trump to cut interest rat... Read more

Consumer Confidence Drops More Than Expected, Reaching Its Lowest Point In Nearly Two Years

AMERICA - Published date: .

The Conference Board, a business research group, on Tuesday released the June update for its consumer confidence index. Read more

Debt And Deficits Won't Be As Bad As Feared But Are Still Dangerous, CBO Says

AMERICA - Published date: .

The national debt will rise to 141% of the economy over the next 30 years — 11 percentage points lower than the agency... Read more

G-20 Leaders Face Toxic Brew Of Political Instability, Trade Tensions And Slowing Global Growth

AMERICA - Published date: .

What makes this moment even more perilous is that world leaders come to the table with far less cohesiveness, nursing wo... Read more

Fed's Kaplan Says It's 'too Early' To Decide If Interest Rates Need To Be Cut

AMERICA - Published date: .

"I believe it would be wise to take additional time and allow events to unfold" before deciding on rates, the Dallas Fed... Read more

Billionaires To Trump And Other 2020 Candidates: Please Tax Us

AMERICA - Published date: .

Nineteen billionaires release a letter asking the 2020 presidential candidates to support a tax on America's richest fam... Read more

A Fed President Explained Why He Was The Lone Member Who Wanted An 'insurance' Cut This Week

AMERICA - Published date: .

In a statement Friday, Bullard explains his vote against the decision to leave its benchmark interest rate unchanged. Read more

The Trump Economy Is Starting To Look More And More Like The Obama Economy

AMERICA - Published date: .

It wasn't supposed to be this way: The 2017 tax cut and deregulation were supposed to pull the economy out of its glacia... Read more

Goldman Changes Tune On The Fed, Sees Two Rate Cuts And Early End To Balance Sheet Rolloff

AMERICA - Published date: .

The Fed may be on its way to a half-point interest rate cut next month even though conditions don't seem to warrant, Gol... Read more

Philadelphia Fed's Manufacturing Gauge Tumbles In June, Buoying The Case For Lower Rates

AMERICA - Published date: .

The Philadelphia Federal Reserve's manufacturing gauge tumbled this month, solidifying the Fed's case for easier monetar... Read more