In four weeks, Americans go to the polls for the midterm elections that the news media are casting as a referendum on the Trump presidency. Over the summer, the broadcast networks have continued to pound Donald Trump and his team with the most hostile coverage of a President in TV news history — 92 percent negative, vs. just eight percent positive.
The IMF has cut its global economic forecast for 2018 and 2019, citing above all rising import tariffs between the US and China. A fall in trade volumes and manufacturing orders could hit Germany particularly hard.
Chinese stocks took a hammering Monday as traders returned to work after a weeklong holiday in the world’s second-largest economy.
The International Court of Justice will hand down an eagerly awaited decision this week on Iran’s demand for the suspension of debilitating nuclear-related sanctions imposed by the United States.
An Iranian media outlet close to the hard-line Revolutionary Guard published a video Tuesday threatening missile attacks on the capitals of Saudi Arabia and the United Arab Emirates, further raising tensions after a weekend militant attack on an Iranian military parade.
Several new reports are providing the latest proof that the US economy is booming right now.
The House of Representatives has passed legislation directing the president to essentially name and shame foreign hackers accused of participating in state-sponsored cyberattacks against the United States government and the nation’s most vital computer networks.
The slated US sanctions targeting Iran’s energy and financial sectors in early November will pulverize the Islamic Republic’s struggling economy, according to a new analysis released last week by economists.
The U.S. economy grew 4.2 percent in the three months through June, slightly faster than initially reported and the most in four years.
The United States and Mexico look close to resolving key differences on the North American Free Trade Agreement and may have a complete deal worked out by as early as Monday, according to sources close to the talks.
Mexico’s economy minister on Wednesday said that Mexico and the United States may not meet an August goal to finish bilateral talks to revamp the NAFTA trade deal, which is beset by disagreements over automobile trade rules and other issues.
In a bid to sustain trade and economic relations with Iran, the European Union is looking to its so-called ‘blocking statute’ that will forbid European companies from complying with enacted U.S. sanctions.
It’s steady as she goes for the Fed this time around, as many investors had pretty much baked in. After a June hike of the benchmark federal-funds rate to a range between 1.75% and 2%, the Fed concluded this week’s meeting Wednesday by standing pat and keeping rates right there.
Gross domestic product grew at a solid 4.1 percent pace in the second quarter, its best pace since 2014, boosting hopes that the economy is ready to break out of its decade-long slumber.
President Donald Trump and European Commission President Jean-Claude Juncker spoke at the White House Wednesday to say they are negotiating a deal to end most tariffs, trade barriers, and industrial subsidies between Europe and the United States.
Key agricultural trade associations praised the Trump administration Tuesday for providing $12 billion to support farmers hurt by an ongoing trade war, but urged the administration to dial back that fight.
Venezuela’s inflation will skyrocket to 1 million percent by the end of the year as the government continues to print money to cover a growing budget hole, the International Monetary Fund predicted on Monday.
The U.S. economy is running at a fast enough pace to justify continued interest rate increases, Federal Reserve Chairman Jerome Powell said Tuesday.
The untold story of the world economy is the potentially explosive interaction between the spreading trade war and the overhang of global debt, estimated at a staggering $247 trillion. That’s ‘trillion’ with a ‘t.’ The numbers are so large as to be almost incomprehensible.
Protesters in Iran entered their third day of demonstrations over the country’s faltering economy as President Hassan Rouhani claimed it faces “economic war” with the US.