Economic News
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US economy grew at a solid 2.2% in the second quarter, government says in a sharp upgrade, on strong consumer spending
US economy grew at a solid 2.2% in the second quarter, government says in a sharp upgrade, on strong consumer spending
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Factory activity returns to expansion in a positive sign for China’s economy
A Chinese government survey shows the country's factory activity has expanded for the first time since June, signaling a positive shift as officials aim to boost economic growth
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Carney accuses US steelmaker of betraying Canadian workers after layoffs tied to Trump tariffs
Canadian Prime Minister Mark Carney accused the U.S. owner of steelmaker Stelco of betraying Canadian workers after it announced layoffs it attributed in part to U.S. President Donald Trump’s tariffs — tariffs Cleveland-Cliffs’ chief executive has publicly championed
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From motorcycles to booze, US ban on $1 billion worth of Canadian imports goes into effect
U.S.-Canada relations, already tense, are likely to deteriorate further after the United States went ahead early Tuesday with a decision to ban nearly $1 billion worth of Canadian imports, including alcoholic beverages, dairy products and motorcycles
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U.S. job openings slipped to 7.1 million in August but labor market remains sturdy
U.S. employers posted fewer job openings in August, but the American labor market remains resilient in the face of higher energy costs caused by the fighting with Iran
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Americans' view of the economy sinks to the lowest level since 2014, Conference Board survey says
Americans’ confidence in the economy sank to the lowest level in more than a decade this month as prices remain elevated and wages stagnate amid the ongoing Iran war
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Trump announces a new $15B Iowa steel plant and claims it will be the nation's biggest
President Donald Trump has announced a new $15 billion steel plant will be built in Iowa with backing from an Indian conglomerate
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US and China release $60 billion nonsensitive product lists for tariff cuts after Trump-Xi meeting
The United States and China have released lists of products worth about $30 billion each that will see tariff cuts
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Underpaid workers building US Consulate in Milan will split multi-million payout from US firm
An American company building the new U.S. Consulate in Milan has agreed to pay millions to compensate foreign workers who earned less than $2 an hour
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New Jersey Republican Tom Kean Jr. and Democrat Rebecca Bennett clash over war in Iran, tariffs
Tom Kean Jr., the New Jersey Republican congressman whose four-month absence from the House this year went unexplained until he disclosed that he was being treated for depression, clashed with Democratic opponent Rebecca Bennett in a debate Sunday in the battleground district
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