U.S. employers added the fewest workers in three months and wage gains cooled, suggesting broader economic weakness and boosting expectations for a Federal Reserve interest-rate cut as President Donald Trump’s trade policies weigh on growth.
Top officials from the U.S. and Mexico will begin talks Monday in a scramble to fend off President Donald Trump’s threat of devastating tariffs on imports from the southern ally and meet his demand for fewer migrants at the border.
Just weeks after Secretary of State Mike Pompeo announced a renewed ‘pressure campaign’ targeting Iran’s energy sector, America’s top diplomat said Sunday the Trump administration is willing to talk with Iran ‘with no preconditions’ — but he added that debilitating sanctions that have crippled Iran’s economy will remain in effect.
The UN atomic watchdog said Friday Iran continues to stay within the limitations set by the nuclear deal reached in 2015 with major powers, though its stockpiles of low-enriched uranium and heavy water are growing.
Even though President Donald Trump held fire earlier this month on auto tariffs that have the potential to further roil Europe’s struggling economy, a litany of domestic dilemmas on both sides of the Atlantic threaten to frustrate efforts at a trade pact before they’ve even begun.
Indian Prime Minister Narendra Modi will hold talks on Friday to form a new cabinet to tackle a stuttering economy and other challenges facing his second term after winning a big majority.
A majority of Americans approve of how President Trump has handled the economy, feel confident about their personal finances, and believe Trump’s policies have had an impact on the country’s economic performance, according to the latest poll by CBS News.
Pollster Gallup said Tuesday more Americans are confident in the U.S. job market than they’ve been at any other time in the history of the poll.
President Trump promised a deal with China will come “when the time is right” Tuesday, calling the current atmosphere of mistrust between the two countries, which has produced an increase in tariffs on both nations’ goods, “a little squabble.”
Four oil tankers were attacked in the Middle East Sunday, leaving no casualties but significant structural damage to the vessels, and possibly confirming reports on Israeli television Friday that had warned of Iran’s intentions to strike back at Saudi oil assets.
France, Britain, and Germany, the European signatories to the 2015 nuclear accord with Iran, held the Islamic Republic to its commitments as outlined in the deal this week in spite of recent threats from Iranian President Hassan Rouhani to resume high-level enrichment of uranium.
European countries said on Thursday they wanted to preserve Iran’s nuclear deal and rejected ‘ultimatums’ from Tehran, after Iran scaled back curbs on its nuclear program and threatened moves that might breach the pact.
Iranian President Hassan Rouani threatened Wednesday to resume enrichment of uranium if the terms of the 2015 nuclear accord, from which the U.S. withdrew this time last year, were not renegotiated within 60 days among the powers that remain signatories to it.
President Donald Trump raised pressure on China with a threat to hike tariffs on $200 billion worth of Chinese goods in a tweet that sent global financial markets swooning on Monday.
The Congressional Budget Office projected Thursday that the federal deficit would reach $896 billion for fiscal 2019, up $117 billion from the year before.
The Islamic Jihad commander in Gaza Ziad Nahala responded Thursday to the revelation regarding the commander of the northern brigade of the organizations’ military wing Baha al-Atta earlier this week. They believe the publication of his name is an indication that Israel will assassinate him if terror attacks continue.
The economy grew at a 3.2% annual rate in the first quarter, the Bureau of Economic Analysis reported Friday morning, easily beating forecasters’ expectations.
The United States announced Friday that it would contribute an additional $500,000 to help restore the tomb believed to be the resting place of the biblical prophet Nahum in the town of Alqosh in northern Iraq.
Prime Minister Benjamin Netanyahu and Finance Minister Moshe Kahlon have reportedly discussed emergency plans, should the Palestinian Authority’s financial system collapse over its refusal to accept tax dividends collected by Israel, according to television reports Sunday.
Iran’s economy is expected to shrink by six percent this year and inflation could reach 40 percent, the International Monetary Fund (IMF) forecasts, as the country copes with the impact of tighter U.S. sanctions.