Trump, citing slow pace of talks, revives threat to put tariff on all Chinese goods
President Donald Trump on Sunday revived a threat to impose a 25 percent tariff on essentially all Chinese goods in order to prod Beijing into moving more quickly to reach a trade deal.
Wall St. climbs as jobs data supports upbeat economic outlook
U.S. stocks rose in a broad-based rally on Friday as stronger-than-expected job growth in April coupled with muted wage gains left investors upbeat about the outlook for the economy and interest rates.
U.S. first-quarter productivity strongest since 2014, labor costs subdued
U.S. worker productivity increased at its fastest pace in more than four years in the first quarter, depressing labor costs and suggesting inflation could remain benign for a while.
Behind the 1-day cease fire between Donald, Chuck and Nancy
The trio agreed to pursue a $2 trillion infrastructure plan — but haven’t worked out how to pay for it.
U.S. inflation muted, economic outlook strengthening
U.S. labor costs increased steadily in the first quarter as a jump in transportation and manufacturing wages was offset by small gains elsewhere, pointing to moderate inflation pressures even as the labor market tightens.
U.S. consumer spending roars back, but inflation tame
U.S. consumer spending increased by the most in more than 9-1/2 years in March as households stepped up purchases of motor vehicles, but price pressures remained muted, with a key inflation measure posting its smallest annual gain in 14 months.
Strong U.S. growth, weak inflation leave Fed stuck happily on hold
The Federal Reserve is expected to hold interest rates steady at its policy meeting this week as policymakers balance recent stronger-than-expected U.S. economic growth against sluggish inflation.
US core capital goods orders post the biggest gain in 8 months
New orders for U.S.-made capital goods increased by the most in eight months in March.
S&P 500 and Nasdaq close at record highs after strong GDP report
The S&P 500 and Nasdaq Composite closed at record highs on Friday as better-than-expected economic data offset a mixed batch of corporate earnings.
Trade, inventories power U.S. economy to 3.2 percent growth in first quarter
U.S. economic growth accelerated in the first quarter, but the burst in growth was driven by a smaller trade deficit and the largest accumulation of unsold merchandise since 2015, temporary factors that are likely to reverse in the coming quarters.