• Donald Trump November 24, 2019 10:27 pm

    An Emerging Priority for Powell Fed: The Plight of the Poor

    Testifying to Congress this month, Federal Reserve Chair Jerome Powell sent a message seldom heard from his predecessors: That the Fed should consider the struggles of the lowest-income Americans in setting its interest-rate policies. “We want to remind ourselves,” Powell said, “that prosperity isn’t experienced in all communities. Low- and moderate-income communities in many cases are just starting to feel...

  • President September 10, 2019 5:55 pm

    Share of Uninsured Americans Rises for 1st Time in a Decade

    The proportion of Americans without health insurance edged up in 2018 — the first evidence from the government that coverage gains under President Barack Obama’s health care law might be eroding under President Donald Trump. The Census Bureau also said in an annual report Tuesday that household income rose last year at its slowest pace in four years and finally...

  • China September 6, 2019 9:28 pm

    Modest Hiring Enough to Fuel Sluggish But Durable US Economy

    Hiring by U.S. employers was slower but steady in August, and hourly pay jumped — trends that should sustain the U.S. economy’s record-long expansion in the coming months. Yet with the economy still under threat from a weak global economy and President Donald Trump’s trade war with China, Chairman Jerome Powell made clear Friday that the Federal Reserve is poised...

  • President September 2, 2019 10:26 am

    In Escalating Trade War, US Consumers May See Higher Prices

    The United States and China on Sunday put in place their latest tariff increases on each other’s goods, potentially raising prices Americans pay for some clothes, shoes, sporting goods and other consumer items before the holiday shopping season. President Donald Trump said U.S.-China trade talks were still on for September. “We’ll see what happens,” he told reporters as he returned...

  • China August 14, 2019 2:33 pm

    Trump Delays Tariffs on China Under Pressure From Retailers

    The Trump Administration held off the last round of tariffs against Chinese goods under pressure from retailers concerned about holiday sales.

  • Donald Trump July 31, 2019 11:01 am

    Fact Check: Off Notes From Dems on Climate, Economy

    Democratic presidential contenders struck off notes on the science of global warming and the state of the economy in their Detroit debate Tuesday night. As much as scientists see the need for action on climate change, they don’t lay out a looming point of no return, as Pete Buttigieg and Beto O’Rourke asserted. Bernie Sanders almost certainly overstated how much...

  • Donald Trump August 1, 2019 12:03 am

    2nd Democratic Primary Debate in Quotes: Night 1

    See some notable quotes from the Democratic primary debates on July 30, 2019

  • Donald Trump July 2, 2019 10:20 am

    Why Wealth Gap Has Grown Despite Record-Long Economic Growth

    As it enters its 11th year, America’s economic expansion is now the longest on record — a streak that has shrunk unemployment, swelled household wealth, revived the housing market and helped fuel an explosive rise in the stock market. Yet even after a full decade of uninterrupted economic growth, the richest Americans now hold a greater share of the nation’s...

  • Donald Trump June 7, 2019 9:19 pm

    Why Trump's Trade Wars Are Pressuring Both Economy and Fed

    A sharp pullback in U.S. hiring for May intensified fears that the economy has weakened and that many employers have grown nervous, in part from President Donald Trump’s escalating trade wars. Yet the stock market soared and bond yields fell because investors found a reason to cheer: The tepid employment report magnified their expectations that the Federal Reserve will cut...

  • Donald Trump June 7, 2019 8:22 pm

    US Hiring Slows Amid Trade Tensions, Weaker Global Economy

    U.S. hiring stumbled in May as employers added just 75,000 jobs, a sign that businesses have become more cautious in the face of weaker global growth, widening trade conflicts and perhaps some difficulty finding enough workers. Last month’s modest job gain followed a much healthier increase of 224,000 in April. The Labor Department said Friday that the unemployment rate remained...

  • Donald Trump May 23, 2019 9:59 pm

    Trade Impasse: Trump Pledges $16B to Farmers; Markets Buckle

    President Donald Trump rolled out another $16 billion in aid for farmers hurt by his trade policies, and financial markets shook Thursday on the growing realization that the U.S. and China are far from settling a bitter, year-long trade dispute. U.S. Agriculture Secretary Sonny Perdue said that the first of three payments is likely to be made in July or...

  • Donald Trump May 19, 2019 2:54 am

    Fact Check: Trump's Miscues on Trade and Drug Prices

    President Donald Trump spoke this past week as if he’s unaware that drug prices have gone up and tariffs came before him. His boast that the U.S. never collected a dime on goods from China until he imposed them marked a series of statements misrepresenting how trade works as the two countries escalated their dispute with new and retaliatory taxes...

  • United States May 3, 2019 8:36 pm

    US Adds Robust 263K Jobs; Unemployment at Decades-Low 3.6%

    U.S. employers added a robust 263,000 jobs in April, suggesting that businesses have shrugged off earlier concerns that the economy might slow this year and now anticipate strong customer demand. The unemployment rate fell to a five-decade low of 3.6% from 3.8%, though that drop reflected a rise in the number of people who stopped looking for work. Average hourly...

  • United States March 8, 2019 9:57 pm

    US Wages Rise by Most in Decade Even as Hiring Tumbles

    The pace of hiring in the United States fell last month to its lowest point in nearly a year and a half, a surprise drop likely reflecting harsh weather and other temporary factors that led most economists to see the slowdown as a temporary blip. Employers added just 20,000 jobs, down from a blockbuster 311,000 in January. Even with February’s...

  • Atlanta March 7, 2019 12:19 pm

    A Hot US Job Market Is Coaxing People in From the Sidelines

    A surprisingly strong burst of job growth over the past year has led many economists to wonder: Where are all the workers coming from? As recently as last spring, analysts had worried that hiring would slow as the pool of unemployed shrank. Many employers have complained for years that they could no longer find enough people to fill their open...

  • Donald Trump February 28, 2019 8:03 pm

    US Growth Slows at End of 2018, Is Likely to Slow More

    The U.S. economy turned in a solid performance in 2018, boosted in part by tax cuts and higher government spending. But growth slowed by year’s end, and most economists envision a weaker outlook for the coming months and probably years. The nation’s gross domestic product, the broadest gauge of economic health, expanded at a 2.6 percent annual rate in the...

  • United States February 12, 2019 7:09 pm

    US Job Openings Jump to Record High of 7.3 Million

    U.S. employers posted the most open jobs in December in the nearly two decades that records have been kept, evidence that the job market is strong despite several challenges facing the economy. The Labor Department said Tuesday that job openings jumped 2.4 percent in December to 7.3 million. That is the most since records began in December 2000. It is...

  • Donald Trump February 1, 2019 2:11 pm

    US Employers Added Robust 304K Jobs in January; Joblessness Ticks Up After Shutdown

    U.S. employers shrugged off last month’s partial government shutdown and engaged in a burst of hiring in January, adding 304,000 jobs, the most in nearly a year. The healthy gain the government reported Friday illustrated the job market’s durability nearly a decade into the economic expansion. The U.S. has now added jobs for 100 straight months, the longest such period...

  • Donald Trump January 29, 2019 11:56 am

    US Charges Against Huawei Could Inflame China Trade Talks

    The Trump administration’s unveiling of criminal charges against the Chinese tech giant Huawei has complicated high-level talks set to begin Wednesday in Washington that are intended to defuse the trade war between the administration and Beijing. The Justice Department charged Monday that Huawei had violated U.S. sanctions against sales to Iran and stolen trade secrets from T-Mobile, a U.S. partner....

  • David Koenig January 26, 2019 9:21 pm

    How Congress Got Trump to Climb Down, End Shutdown For Now

    President Donald Trump was feeling the heat. Week after week, Trump had demanded that the government stay partially shuttered until Democrats agreed to pay for his wall along the U.S.-Mexico border. Surrounded by a shrinking cast of advisers, he watched as federal workers went unpaid and basic services were frozen. His poll numbers were slipping. His arguments were landing with...

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