China Lets Currency Sink to 11-Year Low After Trump Threats
BEIJING — China has allowed its yuan to sink to an 11-year low against the dollar after President Donald Trump threatened to block American companies […]
Economy
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US Stocks Fall Sharply as US-China Trade War Escalates
Stocks fell sharply on Wall Street Friday after President Donald Trump called on U.S. companies to consider alternatives to doing business in China. He also […]
Report Shows US Deficit to Exceed $1 Trillion Next Year
WASHINGTON — The federal budget deficit is expected to balloon to more than $1 trillion in the next fiscal year under the first projections taking […]
Trump Acknowledges China Policies May Mean US Economic Pain (Video)
WASHINGTON — President Donald Trump acknowledged Tuesday his aggressive China trade policies may mean economic pain for Americans but insisted they’re needed for more important […]
Uber to Open Regional Hub in Dallas, Resulting in 3,000 Jobs
DALLAS — Uber will receive a $24 million incentive package from Texas officials and open a new administrative hub in Dallas, bringing with it about […]
74% of Economists in Survey See US Recession by End of 2021
WASHINGTON — A strong majority, 74%, of U.S. business economists appear sufficiently concerned about the risks of some of President Donald Trump’s economic policies that […]
Asian Stocks Lower after US Indexes Tumble on Recession Fear
BEIJING — Asian stock markets followed Wall Street lower on Thursday after the Dow Jones Industrial Average plunged on mounting fears of a possible recession. […]
Why Many Employees Feel Devalued Even in Booming Job Market
PROVIDENCE, R.I. — For more than two decades, Ken White worked at a credit card processor. It was a good job, but it fell victim […]
Dow Drops 800 After Bonds Flash Warning
The Dow Jones Industrial Average sank 800 points after the bond market flashed a warning sign about a possible recession for the first time since […]
Report: Costs in Most States Exceed Subsidies for Child Care
WASHINGTON — Child care costs in most states exceed federal subsidy payments provided to low-income parents, according to a newly released report from the Department […]
