US: News
Trump Tariffs Costing US Consumers $1.4 Billion Per Month, Study Shows
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The Federal Reserve Bank of New York, Princeton and Columbia find President Trump's tariffs are costing U.S. consumers b... Read more
Business Economists See A Slowdown In Growth This Year, Survey Says
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The nation's business economists foresee a sharp slowdown in U.S. economic growth over the next two years, in sharp cont... Read more
Trump Says GDP Would Have Topped 4% If Fed Had Halted Rate Hikes Sooner
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U.S. economic growth would be much stronger had the Fed stopped raising rates sooner, President Donald Trump said in an ... 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
Mortgage Rates Just Tanked Thanks To The Fed – And They Could Go Even Lower
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The average rate on the popular 30-year fixed rate mortgage, which had been sitting for days at 4.40 percent, fell sharp... Read more
Trump Finally Got His Wish From The Fed, But Not For The Reasons He Wanted
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The Fed took a pause on interest rate hikes, which would seem to satisfy President Donald Trump if not for the reasons t... Read more
Fed Chair Powell Says Chinese And European Economies Have Slowed 'substantially'
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Weakening Chinese and European economies are acting as a deterrent to U.S. growth, Federal Reserve Chairman Jerome Powel... Read more
Fed Gives Market What It Wanted — It's Ending Its Balance Sheet Reduction In September
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The Fed's program to reduce the bonds it holds on its balance sheet will end in six months, a move scrutinized by financ... Read more
Fed Holds Line On Rates, Says No More Hikes Ahead This Year
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In a unanimous move, the central bank's policymaking committee took a sharp dovish turn from policy projections just thr... Read more
More Than Free Money: How Long-shot 2020 Candidate Andrew Yang Would Reshape The US Economy
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Long-shot Democratic candidate Andrew Yang has proposed a $1,000 monthly stipend to Americans 18 and older, but he's loo... Read more
The Market Could Be Setting Itself Up For A Letdown From Wednesday's Fed Decision
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Should the policymaking Federal Open Market Committee not deliver on market expectations, the result may not be pretty. Read more
White House Touts Trump's Economic Policies, Warns Against 'Medicare-for-all' And Wealth Tax
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The Council of Economic Advisors says Trump's tax cuts led to millions receiving bonuses and cautions that progressive p... Read more
Homebuilder Sentiment Holds Steady Despite A Decline In Mortgage Rates
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Mortgage rates rose throughout most of last year but have since fallen to below year-ago levels. That should help make a... Read more
'The One Report That Everyone In Washington Watches' Just Showed A Big Gain In Job Openings
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Job vacancies jumped to a fresh high of 7.6 million in January as employers continue to seek qualified applicants to fil... Read more
US Manufacturing Output Falls For A Second Straight Month
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U.S. manufacturing output fell for a second straight month in February. Read more
US Import Prices Rose More Than Expected In February As Fuel Prices Surge
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Prices of imported goods rose more than expected in February, boosted by a jump in fuel costs. Read more
US Weekly Jobless Claims Increase More Than Expected
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The jobless data suggested the labor market was slowing, but probably not to the extent implied by a near-stall in job g... Read more
US Wholesale Inflation Remained Tame In February
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U.S. wholesale prices barely increased last month after falling for three straight months, a sign there is little inflat... Read more
Orders For Big-ticket Factory Goods Rose A Modest 0.4% In January
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Orders to U.S. factories for big-ticket manufactured goods edged up slightly in January, but the strength came from a bi... Read more