U.S. consumer prices barely rise; underlying inflation muted
U.S. consumer prices barely rose in May, pointing to moderate inflation that together with a slowing economy could increase pressure on the Federal Reserve to cut interest rates this year.
China’s Huawei and ZTE present US national security risks
Chinese tech giants Huawei and ZTE both present national security risks to the United States but for different reasons, Commerce Secretary Wilbur Ross told CNBC on Tuesday.
Hiring is expected to hit its highest level in 13 years during the third quarter
Despite some recent disappointing jobs numbers recently, companies in the third quarter are expected to hire at a pace not seen in 13 years, according to a survey Tuesday from ManpowerGroup.
Hiring by US businesses hits a record high
Hirings increased to 5.9 million in April, the highest level since the Labor Department started keeping track.
Markets can cheer: China appears to finally be addressing its US trade surplus
China will not allow the U.S. to interfere in its legislative process and economic policies, but it seems to be showing a readiness to keep its sales in American markets on a steep and steady downward path.
These are the top 10 beaches in America
When determining the best beaches in America, Dr. Beach factors in 50 criteria, including water temperature, sand softness, views and vistas and public safety.
Auto loans hit record high, sending borrowers to the used market
People buying a new vehicle continue pushing the envelope, borrowing more and, on average, paying more each month for their auto loan.
Powell: Fed will act ‘as appropriate’ in face of trade, other risks
The Federal Reserve will respond “as appropriate” to the risks posed by a global trade war and other recent developments, Fed Chairman Jerome Powell said on Tuesday in remarks that seemed to open the door to the possibility of a rate cut.
Major automakers post U.S. higher May new vehicle sales
Major automakers on Monday reported better-than-expected U.S. new vehicle sales for May, posting the first monthly increase for 2019 as a strong economy and upbeat consumer sentiment boosted demand.
Why China’s rare earths threat is no game changer in the trade war
China’s threat to stop exporting rare earth minerals to the United States may not give Beijing much leverage in the ongoing trade war between the world’s two biggest economies.