In US-China trade war, tariffs just one part of problem: Kevin Hassett
“By putting tariffs on the table we’ve estimated that maybe $400 billion or $500 billion dollars a year through forced technology transfer and intellectual property theft is taken out of the U.S. economy,” said Kevin Hassett.
Underlying U.S. producer inflation pushing higher
Producer prices excluding food, energy and trade services rose 0.4 percent last month, matching April's gain, the government said. The so-called core PPI increased 2.3 percent in the 12 months through May after rising 2.2 percent in April.
Trump doubles down on Fed criticism, warns rates are too high
In a tweet,Trump called low inflation a “beautiful thing.”
A Fed rate cut could wreck bank earnings - here's why
Traders are increasingly forecasting at least one Fed rate cut this year.
Trump tariffs encourage US companies to shift plans away from China
One-in-four respondents said they expected to redirect investments away from the country.
Bernie Sanders slams Amazon for perpetuating Seattle homelessness after killing ‘head tax’
"This is what oligarchy looks like," Sanders said of the situation.
Famous New York City restaurateur says restaurant industry can't fill jobs
“I’ve never experienced, in my career, a tougher time than finding people who want to join the restaurant industry,” said Danny Meyer.
Mnuchin says Trump can still hit Mexico with tariffs if immigration deal crumbles
On Friday, Trump announced that the U.S. and Mexico struck a deal to avert a 5 percent tariff on all Mexican goods.
Trump stands down on Mexico tariffs after securing immigration deal
On Friday, the president said the U.S. and Mexico reached an agreement to indefinitely suspend the tariffs.
Raining and pouring: Midwest farmers fret about wet spring
The rain has plagued much Midwest this year –-- the wettest season ever in the contiguous U.S. –, putting agricultural planting weeks behind schedule.
Electrician shortage creates potential for six-figure jobs
The electricians' industry is expected to see a labor shortage of 60,000 workers by 2026.
Economist Art Laffer, Medal of Freedom winner, on why he won't join Trump team
"It just isn’t a job for me,” Art Laffer told FOX Business.
US adds 75,000 jobs in May, far less than expected amid heightened trade uncertainty
Friday's numbers follows disappointing growth in private sector jobs in May.
Trump: Stocks would be up 10,000 points if it weren't for the Fed
The U.S. economy would be stronger if it weren't for interest rate hikes, said President Trump.
Mexico tariffs: Exactly the wrong move for U.S. economy
New tariffs against Mexico scheduled to begin Monday would erase all the benefits from the GOP tax reform.
The white working class is ‘declining,’ here’s why
Researchers say members of the white working class are experiencing “distress.”
Former JPMorgan Chase chief economist sees no sign of a US recession
Anthony Chan, a former JPMorgan Chase chief economist, says he is optimistic about the state of the U.S. economy.
What to expect from the May jobs report
The May jobs report is expected to add an estimated 185,000 jobs for the month.
US economy is at risk of losing $4T in GDP if we don't act on infrastructure: American Society of Civil Engineers
The economic risks from not investing in America's infrastructure could have a dire impact to the U.S. economy.
AOC says Americans' right to a home trumps workers' 'privilege' to earn profit
From college to universal health care, many Democrats are looking to give low-income Americans access to more services for free.