Fed leaves rates steady and signals a pause in 2020
The Federal Reserve held interest rates steady at its December meeting on Wednesday, halting a series of rate cuts that lifted markets and countered recession fears amid ongoing trade uncertainty.
economic policy
Fed expected to leave interest rates alone, Trump pushes for more cuts
The Federal Reserve has erased nearly half of all the rate increases of the past two years since July -- but now the central bank is expected to halt any further cuts even as President Donald Trump continues to push for more.
McConnell: Impeachment trial to begin around 'time the bowl games end'
The Senate will not begin an impeachment trial against President Donald Trump until after the new year, Senate Majority Leader Mitch McConnell said on Tuesday, predicting the trial will begin "right around the time the bowl games end."
Asian stocks struggle for direction without more progress trade deal
Stocks in Asia struggled for direction Wednesday as investors received mixed signals ahead of another round of US tariffs on Chinese goods expected December 15.
McConnell says Senate to take up trade deal after impeachment trial
The Senate will take up Trump's renegotiated North American Free Trade Agreement only after an impeachment trial concludes in the chamber, Senate Majority Leader Mitch McConnell said Tuesday.
Trade has put markets in a chokehold
The US stock market cared about only one thing this year: trade. So why were stocks so calm Tuesday following headlines about tariff delays and the signing of Nafta 2.0?
Democrats, White House on brink of new trade deal with Mexico, Canada
House Democrats say a deal to advance President Donald Trump's revised North American Free Trade Agreement is likely to be announced on Tuesday, after months of secretive negotiations between lawmakers and the White House over the pact.
Paul Volcker, former Fed chairman, dies at 92
Paul Volcker, the former chairman of the Federal Reserve known for his battles against inflation in the late 1970s and early 1980s, has died. He was 92.
Farmers stick with Trump over trade
From the very start, President Donald Trump's trade war was painful for American soybean farmers.
US hiring rebounds in wake of GM strike
The US labor market appears to be back on track.
China plans to lift tariffs on some US soybeans and pork products
China is planning to exempt some US soybeans and pork products from tariffs, a move that could take some heat out of talks aimed at agreeing on a truce in the trade war.
Trade deals remain elusive for Trump
President Donald Trump is approaching the end of another year without closing on either of the two big trade priorities he campaigned on in 2016 -- a comprehensive deal with China and a renegotiated North American Free Trade Agreement.
Elizabeth Warren wants to make it harder for big banks to get bigger
If big banks held marriage ceremonies to celebrate their mergers, Elizabeth Warren would be the first one to shout,
Pelosi wants to scrap legal protections for Big Tech in new trade agreement
House Speaker Nancy Pelosi is working to strip key legal protections from tech companies under a long-awaited trade agreement with Canada and Mexico.
Why American jobs could bounce back
October wasn't a great month for American jobs. But a large General Motors strike has ended, and the US labor market is expected to have found its footing again.
Former Treasury Secretary questions Trump tariffs
Former US Treasury Secretary Larry Summers says President Donald Trump's love affair with tariffs is backfiring. And he's not surprised at all.
Johnson sticks with UK digital tax plan despite tariff risk
President Donald Trump spent part of Tuesday blasting France for its digital tax plan because he said America should be the one to
Trump lining up new tariffs; what they mean for you
Unless President Donald Trump backs down, Americans will soon be paying new tariffs on Chinese-made iPhones and toys, as well as French champagne and cheeses.
Steel company sells for less than half its worth when Trump took office
Despite President Donald Trump's promise to revive the domestic steel industry through tariffs, AK Steel has decided its time to sell.
Dow falls 350 points after Trump warning on China
The Dow closed sharply in the red — marking its third day of losses — after President Donald Trump said a trade deal with China might not be accomplished until after the 2020 election.
Key events in Trump's China trade talks
After meeting for dinner in December 2018 on the sidelines of a major international summit in Argentina, President Donald Trump and Chinese leader Xi Jinping raised the prospect of an imminent deal to end their tit-for-tat trade war.
US proposes wave of tariffs after French tax on digital services
US trade officials proposed a wave of tariffs on French goods Monday as they released a report finding that a new French tax on digital services — affecting large American tech companies such as Facebook and Google — represents a barrier to trade.
Market melt-up left stocks vulnerable to a sharp reversal
The US stock market moved almost exclusively in one direction this fall: up.
With manufacturing slowing down, Trump ratchets up trade wars
President Donald Trump has escalated trade tensions across the globe by imposing tariffs on foreign steel, threatening tariffs on allies like the European Union and engaging in a tit-for-tat trade war with China that has hurt American farmers.
First Warn Forecast
