Economy

Perdue says farmer aid package still a work in progress

May 15, 2019

Agriculture Secretary Sonny Perdue says his agency is "in the throes of constructing" an aid package for farmers hurt by retaliatory tariffs, but he could not say when it would be ready

US, China trade conflict was 20 years in the making

May 15, 2019

Long time coming: US-China trade tensions have been building for years

Tariffs force businesses to strategize to preserve profits

May 15, 2019

The 25% tariffs President Donald Trump has imposed on thousands of Chinese-made products have business owners trying to determine how or whether they can limit the damage to profits from the import duties

Mnuchin sees progress on steel tariffs with Mexico, Canada

May 15, 2019

Mnuchin says US makes progress in talks with Canada and Mexico over steel tariffs, expects to soon travel to Beijing for more trade talks; comments boost stock market

Stocks shrug off an early slide and turn higher, led by tech

May 15, 2019

Stocks shook off an early slump and marched higher in afternoon trading, led by solid gains in Microsoft, Facebook and Google

US births lowest in 3 decades despite improving economy

May 15, 2019

US birth rates reach record lows for women in their teens and 20s, leading to the fewest babies in 32 years

Markets Right Now: Tech stocks, banks lead US indexes lower

May 15, 2019

Stocks are pulling back in early trading led by declines in banks and technology companies. Banks were coming under pressure early Wednesday as bond yields fell sharply.

Macy's tops 1Q estimates and comparable sales

May 15, 2019

Macy's digital transformation goes on, fueling another quarter of rising comparable store sales

Trump pushes 'America First energy policy' on Louisiana trip

May 14, 2019

President Donald Trump is showcasing his 'America First energy policy' during a trip to Louisiana

Trump faces backlash over plan to dip into Pell reserves

May 14, 2019

Education advocates say a Trump administration to use federal Pell Grant money to fund space exploration would jeopardize aid for future college students, could trigger a budgeting crisis within just a few years

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