Economy

Trump Fed nominee Shelton promises 'intellectual diversity'

Feb 13, 2020

President Donald Trump's nominee to the Federal Reserve touted her credentials in written testimony Thursday and said she would “work collegially” if approved

Space Force will start small but let Trump claim a big win

Dec 20, 2019

The Trump administration is celebrating the launching of Space Force, the first new military service in more than 70 years

House passes $1.4T government spending bill amid impeachment

Dec 18, 2019

The Democratic-controlled House has passed a $1.4 trillion government spending package, handing President Donald Trump a victory on his U.S.-Mexico border fence

Stocks rise on Wall Street as rally stretches to fourth day

Dec 16, 2019

US stocks are rallying Monday, rising along with European and several Asian markets after China reported surprisingly strong signs of life

WTO panel: EU fails to end illegal subsidies for Airbus

Dec 2, 2019

A World Trade Organization panel has ruled the European Union has not complied with an order to end illegal subsidies for European plane maker Airbus that prompted the Trump administration to impose tariffs on nearly $7.5 billion worth of EU goods.

Markets Right Now: Stocks slip as trade worries persist

Nov 21, 2019

Stocks are closing slightly lower on Wall Street, giving the market its third straight drop. Technology stocks and companies that rely on consumer spending led the way lower.

Markets Right Now: Stocks waver near record highs

Nov 18, 2019

Stocks wavered around their recent record high levels on Wall Street as traders waited for new clues about where trade talks between the U.S. and China were headed. The S&P 500 is coming off six straight weeks of gains.

US tells UN it is pulling out of Paris climate deal

Nov 4, 2019

The United States has told the United Nations it has begun the process of pulling out of the landmark 2015 Paris climate agreement

US economy defies threats with a solid job gain for October

Nov 1, 2019

US added a solid 128,000 jobs in October despite GM strike