Category: Economy

US trade deficit widens to $50 billion in March

A container ship arrives at Yusen Terminals on Terminal Island at the Port of Los Angeles, January 30, 2019. Mike Blake | Reuters The U.S. goods and services deficit...

US job openings rebound in March, hiring little changed

The Toyota Motor manufacturing plant in Georgetown, Kentucky. Charles Bertram | Lexington Herald-Leader | Tribune News Service | Getty Images U.S. job openings rebounded...

US GDP grows by 3.2% in the first quarter

The U.S. economy grew at a faster pace than expected in the first quarter and posted its best growth to start a year in four years. First-quarter gross domestic product...

Herman Cain withdraws from consideration for Fed board, Trump says

More importantly, Cain, like Trump, is an outspoken critic of the Federal Reserve, which Cain has accused in the past of “manipulating” the value of the U.S....

US trade deficit in February $49.4B vs. $53.8B est.

The U.S. goods and services deficit with its global trading partners fell to $49.4 billion in February, its lowest level since June 2018 and well below estimates, the...

Jamie Dimon says the US economic expansion ‘could go on for years’

“It could go on for years,” he added. “There’s no law that says it has to stop. We do make lists, and look at all the other things: geopolitical...

After being rocked by Trump tariffs, the solar energy business is bouncing back

But recently the industry has struggled with the uncertainty brought on by new tariffs imposed in January 2018 by the Trump administration of 30% on imported solar...

Durable goods orders February 2019

New orders for key U.S.-made capital goods unexpectedly fell in February and shipments were unchanged, but data for January was revised slightly higher. The Commerce...

US weekly jobless claims unexpectedly fall

Caitlin Ochs | Bloomberg | Getty Images A New York Department of City Administrative Services representative, left, speaks with job seekers during a Catalyst Career...

Trump says GDP would have topped 4% if Fed had halted rate hikes sooner

Jabin Botsford | The Washington Post | Getty Images President Donald J. Trump speaks during a meeting with Irish Prime Minister Leo Varadkar in the Oval Office at the...