Economic Indicators

Former Reagan Economic Adviser Art Laffer on the growing support for socialism.

The U.N. says it is lowering its forecasts for global economic growth in 2019 and 2020 as a result of high trade tensions, uncertainty over economic policies and softening business confidence.

Ashes to ashes, guts to dirt.

Fiat Chrysler can move forward with plans to build a new, $1.6 million assembly plant on Detroit's eastside and invest $900 million to retool and modernize another.

Losses are widening at J.C. Penney and sales are falling after the retailer shed its furniture and major appliance businesses.

___ US delay to Huawei ban gives tech sector time to adjust WASHINGTON (AP) — The United States is delaying some restrictions on technology sales to Chinese powerhouse Huawei.

Companies specializing in nuclear demolition and radioactive waste storage are buying up aging U.S. reactors and promising to decommission them in dramatically less time than their utility owners had planned — eight years instead of 60 in some cases.

A former Obama economic adviser says the impact of the U.S.-China tariff battle will be passed on to U.S. consumers in a form of a $100 billion tax bill.

U.S. stocks rallied in morning trading on Wall Street Tuesday after the U.S. government temporarily eased off its proposed restrictions on technology sales to Chinese companies.

Stocks closed broadly higher on Wall Street Tuesday after the U.S. government temporarily postponed proposed restrictions on technology sales to Chinese companies.

The Latest on plans by Fiat Chrysler to build a new vehicle assembly plant in Detroit (all times local): 3:10 p.m. Fiat Chrysler says construction is set to begin immediately on a new, $1.6 million assembly plant on Detroit's east side.

The latest on developments in financial markets (all times local): 9:35 a.m.

Trump administration sanctions against Huawei have begun to bite even though their dimensions remain unclear.

President Trump has threatened to implement duties on an additional $300 billion in Chinese goods if an agreement cannot be reached.

Celebrity chef Jamie Oliver's British restaurant chain has become insolvent, putting 1,300 jobs at risk.

The Fed is trying to strike a balance between low unemployment and low inflation.

The Latest on U.S. restrictions on sales to Chinese technology giant Huawei (all times local): 5:35 p.m.

U.S. home sales slipped 0.4% in April, as would-be homebuyers face affordability challenges and a limited supply of starter houses.

But critics (both Democrats and Republicans) have slammed it as a tax loophole that allows the rich to get richer.

As Kohl’s shares dropped on Tuesday, the retail store’s CEO, Michelle Gass said she was betting that Amazon could help reverse the chain’s recent troubles.