President Trump says a mini trade agreement with China could happen "soon," but he offered no guarantees. In a speech to the Economic Club of New York, Trump downplayed the cost of his trade war.
It's distortionary. It's regressive. And right now it only benefits a sliver of taxpayers and nonprofits. It's time to talk about the charitable deduction.
Employees at Microsoft Japan worked four days a week, enjoyed a three-day weekend — and got their normal, five-day paycheck. As part of the trial, the company also capped meetings at 30 minutes.
The plan includes $1 billion for a mortgage assistance fund for first-time homebuyers in the state, and $1 billion for an open line of credit to develop "very low- to moderate-income housing."
U.S. employers added 128,000 jobs last month. The unemployment rate inched up to 3.6%. The drop in job creation reflects a slowing economy, but a strike at General Motors was also a factor.
The Federal Reserve cut interest rates by a quarter percentage point Wednesday, in an effort to support an economy that continues to tap the brakes. Economic growth in the third quarter was just 1.9%.
GDP numbers out Wednesday show the U.S. economy lost some steam in the third quarter. President Trump is banking on a strong economy as his ticket to a second term.
International tourists, especially from China, aren't visiting the U.S. the way they used to. The slowdown is being felt by retailers such as Tiffany and others that rely on money from tourists.
Unions and their supporters around the country are assessing whether the United Auto Workers strike against General Motors is a sign of renewed labor power.
UAW members at General Motors' largest factories vote Wednesday and Thursday on a tentative contract agreement. Ratification would end the longest strike against GM since 1970.
When the union's GM national council reviews the deal's terms Thursday, it will decide whether nearly 50,000 workers should remain on strike or whether they should go back to work immediately.
Many public service workers thought they were in line to have their student loans forgiven. They made payments for 10 years only to be told they weren't in the right loan forgiveness program.
Abhijit Banarjee, Esther Duflo and Michael Kremer were heralded for breaking the issues of global poverty into smaller questions that can be more easily addressed.
President Trump has announced the U.S. and China have reached what he describes as "phase one" of a trade agreement. He said that $40 to $50 billion in new agricultural trade is expected.
