Economics

U.S. consumer confidence declined in August by less than forecast as Americans’ assessment of current conditions climbed to the highest level in almost 19 years, helped by a job market that remains robust. The Conference […]

White House economic adviser Larry Kudlow asserted President Trump’s threat to block trade between private Americans businesses and China, saying he has “emergency economic power authority” to do so. “Do you believe that the president […]

U.S. and Chinese flags are seen in front of a U.S. dollar banknote featuring American founding father Benjamin Franklin and a China’s yuan banknote featuring late Chinese chairman Mao Zedong in this illustration picture taken […]

President Donald Trump on Friday said he was ordering “our great American companies” to “immediately start looking for an alternative to China, including bringing your companies HOME and making your products in the USA.” Trump […]

WASHINGTON (Reuters) – <White House officials pushed back on Sunday against concerns that economic growth may be faltering, saying they saw little risk of recession despite a volatile week on global bond markets, and insisting […]

The number of people who applied for jobless benefits in early August climbed to a six-week high of 220,000, though the level of U.S. layoffs remains near a post 2008 recession low. Most of the […]

The Dow Jones Industrial Average was trading at session lows on Wednesday morning as investor anxieties about a recession in the U.S. and elsewhere hurt buying. The Dow was off 772 points, or 2.9%, at […]

The Trump administration announced a delay in planned new tariffs on Chinese goods Tuesday, pushing back imposition of the additional taxes in order to give U.S. businesses more time to stock up for back-to-school and […]

Has anyone checked to see if CNN’s Dana Bash still has a job after accurately reporting on the Trump administration’s new immigration rule? The White House announced Monday that it was instituting an awaited rulethat […]

The number of Americans filing applications for unemployment benefits unexpectedly fell last week, suggesting the labor market remains strong even as the economy is slowing. (snip) The jobless claims report from the Labor Department on […]