Economy


US Trade Deficit Widens To $50 Billion In March

AMERICA - Published date: .

The U.S. goods and services deficit with its global trading partners widened slightly in March as demand for foreign goo... Read more

US Weekly Jobless Claims Fall Less Than Expected

AMERICA - Published date: .

The unexpectedly weak weekly jobless claims data could raise concerns that the robust labor market was losing some momen... Read more

US Producer Prices Rose Moderately In April

AMERICA - Published date: .

U.S. producer prices rose moderately in April, but underlying inflation pressures at the factory gate appeared to be pic... Read more

Fed's James Bullard Says Interest Rate Policy Is 'a Little Tight' Right Now

AMERICA - Published date: .

Speaking at a time when the White House is pushing the Fed to lower rates, Bullard would not commit to that course. Read more

Warren Buffett Says No Textbook Could Have Predicted The Strange Economy We Have Today

AMERICA - Published date: .

This economic environment is one that no one could have seen coming given the current fiscal and monetary conditions, Wa... Read more

Economist John Taylor Thinks The Fed Is 'in A Better Place' With Interest Rates

AMERICA - Published date: .

Raising interest rates have given the Federal Reserve some breathing room for the next time a downturn hits, economist J... Read more

Here's Where The Jobs Are — In One Chart

AMERICA - Published date: .

CNBC studied the net changes by industry for April jobs based on the data from the Labor Department. Read more

Vice President Pence Says The Fed Should Cut Interest Rates, Reconsider Its Dual Mandate Policy

AMERICA - Published date: .

Vice President Mike Pence believes the Fed should look to cut its benchmark interest rate. Read more

Jobs Surge In April, Unemployment Rate Falls To The Lowest Since 1969

AMERICA - Published date: .

The U.S. jobs machine kept humming along in April, adding a robust 263,000 new hires while the unemployment rate fell to... Read more

Strong US Job Growth Is Expected In April; Wages Are Seen Moderate

AMERICA - Published date: .

U.S. employers likely maintained a strong pace of hiring in April while steadily increasing wages for workers, pointing ... Read more

US Weekly Jobless Claims Are Unchanged From Last Week

AMERICA - Published date: .

The trend remained consistent with tightening labor market conditions. Read more

US First-quarter Productivity Rises At The Fastest Pace Since 2014; Labor Costs Fall

AMERICA - Published date: .

U.S. worker productivity increased at its fastest pace in more than four years in the first quarter, depressing labor co... Read more

Powell Says Fed Doesn't See Strong Case For Rate Cut Or Hike

AMERICA - Published date: .

Fed Chairman Jerome Powell says the central bank is likely to keep interest rates steady, despite pressure from Presiden... Read more

Fed Holds Rates Steady, Citing Lack Of Inflation Pressure

AMERICA - Published date: .

The Federal Reserve did, however, make a slight cut to the interest rate paid on excess reserves that banks keep at the ... Read more

Anti-vaxxers Are Burdening The Economy, NIH Doctor Says As Measles Outbreak Spreads

AMERICA - Published date: .

"When people get sick, they lose work, they lose their finances from work, [and] they have hospital costs," says Dr. Ant... Read more

R.I.P. Inflation: The Data Point The Fed Watches For Inflation Just Said There Isn't Any

AMERICA - Published date: .

The Fed's preferred inflation gauge showed no change in March and remained well below the central bank's target. Read more

April Business Survey Predicts Slower Pace Of Economic Growth In The US

AMERICA - Published date: .

A survey of corporate economists predicts the pace of growth will decline as employers face pressure to raise wages, spe... Read more

US-China Trade Talks Are In The 'final Laps,' Treasury Secretary Mnuchin Says

AMERICA - Published date: .

Trade talks between Washington and Beijing are now in the final stages, said U.S. Treasury Secretary Steven Mnuchin. Read more

US Economy Grows By 3.2% In The First Quarter, Topping Expectations

AMERICA - Published date: .

GDP for the first quarter was the best start to a year since 2015. Read more

Friday's Report Of First Quarter Growth Should Show Economy Is Strong And No Recession In Sight

AMERICA - Published date: .

First quarter GDP likely is expected to have grown at a healthy 2.5% pace, a far cry from the early estimates of near ze... Read more