US initial jobless claims worse than forecast for second week
The number of Americans seeking unemployment benefits was higher than forecast for a second straight week, adding to signs that ...
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US economy shrinks at 4.8% pace, signaling start of recession
The record-long U.S. economic expansion is over after almost 11 years, with the deepest recession in at least eight decades ...
Fed Cuts Rates a Quarter Point, Powell Says Policy in Good Place
Federal Reserve officials reduced interest rates by a quarter-percentage point for the third time this year and signaled a pause ...
Trump Ally Doubts Auto-Tariff Report Is ‘Intellectually Honest’
Chuck Grassley Photographer: Anna Moneymaker/Bloomberg A U.S. government report that could lead to tariffs on automobiles is likely not being ...
Trump Wants European Autos BMW, Mercedes to Be Made in America
Photographer: Krisztian Bocsi/Bloomberg President Trump has given European auto manufacturers a way to avoid an escalation of the trade war, ...
Trump Car Tariffs Would Hurt Global Growth, EU’s Malmstrom Warns
Cecilia Malmstrom Photographer: Andrew Harrer/Bloomberg U.S. tariffs on car imports would deal a blow to the global economy and Europe ...
Powell Says Fed ‘Waiting and Watching’ With Patience on Rates
Jerome Powell, chairman of the U.S. Federal Reserve, speaks during an Economic Club of Washington discussion in Washington, D.C., on ...
Car Sales Contribute to Big Jump in Consumer Spending
From Bloomberg: Spending by U.S. consumers climbed in August by the most since 2001, indicating the biggest part of the ...
