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President Donald Trump's $1.5 trillion of tax cuts in December are forcing Treasury Department officials to cover the gap by borrowing money in unprecedented amounts, leading to concerns about the country's creditworthiness.
A report Friday from the Department of Labor show that the U.S. added 134,000 jobs last month, below the 184,000 average projection by analysts in a survey by data provider FactSet. It's a slowdown from the 207,000 jobs created in August, but economists say the culprit is a tighter labor market, not a slowing of businesses' expansion plans.
A report Friday from the Department of Labor showed the U.S. added 134,000 jobs last month. That's a slowdown from the 207,000 jobs created in August.
President Donald Trump won "mainly symbolic" concessions in a new trade agreement with Canada and Mexico, according to Bank of America. Now, economists and trade experts are now turning to the thornier question of whether the president's threatened trade war with China, which has cast a pall over financial markets this year, can come to a similarly quick and easy resolution
The economy is running hot, without stoking runaway inflation, and Federal Reserve Chairman Jerome Powell is claiming some of the credit -- thanks to new-and-improved methods used by central bankers to set U.S. interest rates.
Shares of General Electric have fallen significantly since the stock-modeling service downgraded the company to 'sell' in January, 2018.
The Federal Reserve raised interest rates by 0.25 percentage point to a range between 2% and 2.25%. Some Fed watchers speculate that the current rate-hiking cycle, begun in 2015, could come to an end -- or at least a pause -- as soon as next year.
The Federal Reserve's rate-hiking cycle, begun in 2015, could come to an end -- or at least a pause -- as soon as next year.
A growing number of economists believe China has the ability to withstand a full-blown trade assault from President Donald Trump's administration. And doing so is likely critical to Chinese President Xi Jinping's push to establish his country as a global leader.
U.S. crude oil and natural gas prices have gone through their own separation in recent years and their relationship shows no signs of getting back on track. (Sponsored)
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Barclays economists say they're bewildered by the multiple goals stated by President Donald Trump's administration for a trade war against China.
An index published by the Boston-based firm State Street shows that investor confidence tumbled in August to a level that indicates they're decreasing long-term allocations to risky assets.
Federal Reserve Chairman Jerome Powell spoke at the Federal Reserve Bank of Kansas City's annual economic symposium in Wyoming.
Federal Reserve officials saw signs of an acceleration in wage increases, even as they voted at a meeting on Aug. 1 to hold rates steady. Many economists expect the central bank to raise borrowing costs at least once more this year, if not twice, while President Donald Trump says he's "not happy" about higher rates.