Economic Indicators

President Donald Trump says the United States was close to a trade deal with China, but then China tried to renegotiate.

Harry's, the upstart shaving company, is being acquired by the owner of Schick razors for $1.37 billion.

The Trump administration is preparing to raise existing tariffs on Chinese goods.

The Latest on the European Union summit in Romania (all times local): 12:30 p.m. Cyprus President Nicos Anastasiades is seeking support from other European Union leaders at an informal summit in Romania against Turkey's bid to drill for hydrocarbons in waters where the Mediterranean island nation has exclusive economic rights.

The legislation calls for a 15 percent cap on credit card interest rates.

Federal Reserve Chairman Jerome Powell says the United States needs to find ways to address a decades-long slowdown in income growth and upward economic mobility.

The top 1 percent accounted for about 37.3 percent of all income taxes paid in 2016.

Beijing believed that if the U.S. economy was weakening -- and the U.S.’s resolve alongside it -- the White House would be more willing to cut a deal.

The sector is down 2.7% for the year while the broader S&P 500 index has gained 15%.

Initial claims, a proxy for layoffs across the U.S., were a seasonally adjusted 228,000.

The tariff war between Washington and Beijing poses one of the biggest challenges yet for Chinese President Xi Jinping, potentially exposing his political vulnerabilities at a time when the Chinese economy is already slowing.

The deficit in goods with China dropped 16.2% to $20.7 billion, the lowest level since March 2014.

US trade deficit up 1.5% to $50 billion in March but deficit with China falls to lowest point in 5 years.

Trump's threat of higher tariffs would escalate the trade war with China to a significant degree.

Share sank in Asia Thursday as investors fretted over trade tensions between the U.S. and China.

Beijing says increased tariffs by the U.S. against China will result in "necessary countermeasures."

China says it will retaliate if President Donald Trump goes ahead with tariff hikes on Chinese goods, ratcheting up tension ahead of negotiations in Washington.

U.S. stocks swung between gains and losses in morning trading on Wall Street Wednesday as investors wait for key trade talks between the U.S. and China to start this week.

Patient Number One is a thin man, with a scabby face and bouncy knees.

Drugmakers will be required to reveal the prices of their prescription medicines in those ever present TV ads, the Trump administration is set to announce on Wednesday, even as some insured patients can pay thousands of dollars for critical medications.