Category: Economy

A steel worker strike has potential to derail Trump’s steel resurgence

Getty Images A worker heads toward the U.S. Steel Clairton Works, March 11, 2018 in Clairton, Pennsylvania. President Donald Trump‘s U.S. steel resurgence might be...

Trump wants tariffs on $200 billion of goods from China

Getty Images President Donald Trump and China’s President Xi Jinping (not shown) make a joint statement at the Great Hall of the People on November 9, 2017 in...

Trump says tariffs on another $267 billion in China goods ready to go

Nicholas Asfouri | AFP | Getty Images President Donald Trump speaks during a press conference with China’s President Xi Jinping at the Great Hall of the People in...

U.S. construction spending rises slightly in July

Daniel Acker | Bloomberg | Getty Images Workers mount solar panel modules during construction of a Silicon Ranch Corp. solar generating facility in Milligan, Tennessee....

Pending home sales fall for seventh straight month in July

Home prices are still rising at a fast pace. They were up more than 6 percent in June, according to the latest report from S&P Case-Shiller. The pace, however, is...

Fed’s James Bullard says he would ‘stand pat’ on rates for rest of the year

St. Louis Federal Reserve President James Bullard does not want the central bank to raise rates again this year. “If it was just me, I’d stand pat where we...

US health secretary says his agency has the power to eliminate drug rebates to lower costs

The cost of health care, and prescription drugs specifically, is expected to be a major campaign issue ahead of November elections, in which Democrats are seeking to...

Trump might get his slowdown in rate hikes, but for the wrong reason

Among the unintended consequences from President Donald Trump’s trade war is that it could cause the Federal Reserve to slow the pace of its interest rate hikes....

Turkish leaders are ‘in a hole of their own making’ 

Economic conditions kicked off the lira’s tumble, and global tensions aggravated it, but one former ambassador says Turkey could tap out at any time — if...

Why a few economists think US job growth might not last without one key ingredient

Despite a strong jobs report in July, economists Satyam Panday and Anthony Chan said that growth may not continue. Source link