President Donald Trump is sending U.S. Trade Rep. Robert Lighthizer and Treasury Secretary Steven Mnuchin to Beijing on Thursday to continue U.S. trade talks with China. » Read More
By: Jordan Malter
Niall Ferguson, a senior fellow at the Hoover Institution, says he thinks a recession in 2019 is unlikely if inflation stays in check, gives his opinion on how the 2020 election will pan out, and talks about how to improve the state of our economy. » Read More |
By: Yen Nee Lee
U.S. President Donald Trump has on many occasions said the trade imbalance between the U.S. and China is a sign that America is being "ripped off." » Read More |
By: Yen Nee Lee
The U.S. Federal Reserve decided on Wednesday to hold interest rates steady and indicated that no more hikes will be coming this year. » Read More |
Charlene Barshefsky said it ultimately doesn't matter when the United States and China resolve their trade differences, as long as tensions don't escalate further.
When it comes to enforcing any prospective trade deal between the U.S. and China, Washington must treat its Chinese counterparts as "equals," according to Li Daokui of Tsinghua University.
Despite both Trump's and Moore's skepticism of the Fed, Powell's job as Federal Reserve chair appears safe for now.
The U.S. federal government posted a $234 billion budget deficit in February, according to data released on Friday by the Treasury Department.
Rather than take assurance that the Fed would come to the rescue again, market participants instead are beginning to wonder if that's still possible.
Moore, 59, current is a visiting fellow at the Heritage Foundation and has been a Trump supporter since the 2016 election.
The investment is a portion of $1.8 billion GM pledged to spend on manufacturing in the U.S., which will create 700 new jobs and support a further 28,000 jobs across six states, the company said.
Clete Willems' departure is expected to take place as talks with China linger into April, although the people familiar with his plans cite the wear of frequent travel on his young and growing family as the main reason for his exit.
The fall in long-term debt yields sparked an inversion of the Treasury curve, a recession indicator for traders.
Stocks dropped as investors worried global economic growth could slow down following the Fed's cautious outlook from earlier in the week.
The three-month bond yield eclipsed the 10-year note Friday morning, a traditionally strong sign that a downturn is looming.
U.S. officials seeking a China trade deal are focused on long-term changes to that nation's economy. But President Trump wants to reduce the trade deficit and wants China to purchase more goods, according to two people briefed on discussions.
"It's not easy to start. You make your rookie mistakes, you come back. He's a great guy," CNBC's Jim Cramer says.
The average rate on the popular 30-year fixed rate mortgage, which had been sitting for days at 4.40 percent, fell sharply to 4.34 percent.
The jobless claims report pointed to still strong labor market conditions, though the pace of job growth has slowed after last year's robust gains.
Snow sport seasons are getting shorter, due to warmer temperatures. That is already having a distinguishable financial impact on residential and resort properties that profit from snow.
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