The Labor Department’s Bureau of Labor Statistics said on Friday the economy added an impressivve 312,000 jobs in December, which was a month of strong retail sales; and the nation’s unemployment rate increased two-tenths of a point to 3.9 percent, which is still an 18-year low.
U.S. stocks fell sharply Monday, making it the worst Christmas Eve trading day ever.
Federal Reserve officials voted Wednesday to raise the central bank’s interest rate target, the fourth such rate increase of the year, but also signaled that they will slow the pace of rate hikes in 2019.
Asian share markets slumped on Tuesday as heightened concerns about a slowing global economy sent Wall Street stocks skidding to their lowest levels in more than a year.
Democratic congressional leaders are loath to acknowledge it, but President Trump has them cornered with his threat to terminate NAFTA if his new trade deal with Mexico and Canada isn’t approved.
Federal Reserve chief Jerome Powell said Wednesday he regards current interest rates at nearly a neutral level.
A small group of Democratic and Republican House lawmakers introduced Tuesday night the first bipartisan carbon tax legislation in nearly a decade as a way to combat climate change.
Several senior European politicians on Tuesday raised the possibility of new sanctions against Russia to punish it for capturing three Ukrainian vessels at sea, an incident the West fears could ignite a wider conflict.
At first glance, it looks like a $9 trillion time bomb is ready to detonate, a corporate debt load that has escalated thanks to easy borrowing terms and a seemingly endless thirst from investors.
President Donald Trump vowed on Tuesday to remain a ‘steadfast partner’ of Saudi Arabia despite saying that Saudi Crown Prince Mohammed bin Salman may have known about the plan to murder dissident journalist Jamal Khashoggi last month.
China will further open its economy in the face of rising protectionism, Premier Li Keqiang said as he arrived in Singapore on Monday for meetings with Asia-Pacific leaders that will focus on speeding up work on a major new trade pact.
Iran greeted the re-imposition of U.S. sanctions on Monday with air defense drills and an acknowledgement from President Hassan Rouhani the nation faces a ‘war situation,’ raising Mideast tensions as America’s maximalist approach to the Islamic Republic takes hold.
Prime Minister Benjamin Netanyahu on Saturday praised US President Donald Trump for reenacting all sanctions on Iran that had been lifted under the 2015 nuclear deal.
Brazil has elected far-right Congressman Jair Bolsonaro has their new president and evangelical Christians played a major role in his victory.
The sizzling economy underpins President Trump’s final blitz for Republicans in the midterms, with dire warnings that the jobs boom and higher wages will slip away if Democrats seize Congress.
Brazil’s Supreme Electoral Tribunal declared Sunday that far-right congressman Jair Bolsonaro, a champion of traditional Brazilian values, has won the country’s election for the presidency of Latin America’s biggest country and the world’s fourth-largest democracy.
Republicans are turning positive economic news into attacks on Democratic candidates, warning of dire consequences if the minority party wins control of Congress in the midterm elections.
Organizers of the annual Davos conference ranked the United States first in their ranking of the world’s most competitive economies for the first time in a decade Wednesday, saying the No. 1 spot reflects a new methodology and long-term factors more than recent policies of the Trump administration.
Rising US interest rates, tanking emerging market currencies and a bitter US-China trade spat could push the world towards its next financial crisis but there is still time to avert disaster, global finance chiefs have said.
Brexit minister Dominic Raab voiced confidence on Tuesday that Britain and the European Union would make progress on their divorce at a summit next week, but again asked the bloc to meet London ‘halfway’ on the most difficult areas.