Trump Car Tariffs Would Be A 'first-order Slap In The Economic Face,' Citi's Buiter Says
The global economy would be hit hard if President Donald Trump decides to impose steep tariffs on imported cars, Citi's ... Read more
Beijing Experts' Latest Message As Trade Talks Stall: The US Needs China
Chinese government-aligned experts are stressing that the U.S. will need to negotiate a trade agreement. Read more
China Says Trade Talks Can't Continue Unless US Addresses Its 'wrong Actions'
A Ministry of Commerce spokesperson does not single out any U.S. action, but it's been a tense couple of weeks for the t... Read more
Mortgage Refinances Surge 8%, As Rates Fall To The Lowest Level Since January 2018
Homeowners are taking advantage of lower interest rates, rushing to refinance their mortgages before rates potentially t... Read more
China Would See 'blue Skies Ahead' If It Accepts All US Demands, Fed's Bullard Says
St. Louis Federal Reserve President James Bullard expressed optimism that the United States and China will reach a deal ... Read more
Potential Fed Nominee Judy Shelton Wants A Change In The Way Interest Rates Are Set
The economist thinks the Fed ought to pay more attention to financial markets when setting interest rates. Read more
Home Sales Fell In April Despite A Big Drop In Mortgage Rates
Sales of existing U.S. homes fell 0.4% in April compared with March to a seasonally adjusted annualized rate of 5.19 mil... Read more
'Trumponomics' Co-author Art Laffer: Fed Should Heed Markets And Lower Interest Rates
The Fed should take its cues from falling bond yields and lower short-term interest rates, says economist Art Laffer. Read more
Xi Jinping Says China Is Embarking On A 'new Long March,' Signaling No End To Trade War Soon
"We are now embarking on a new Long March, and we must start all over again!" Xi Jinping said. Read more
As The Stock Market Makes A Comeback, The Bond Market Flashes A 'dire' Warning About The Economy
Stocks are weathering the latest bouts increasing trade fears, but the bond market is pointing to more trouble. Read more
Fed Chair Powell: Business Debt Is Rising But Does Not Pose A Threat To The System
The issue of corporate debt has surfaced as companies continue to use the low rates the Fed has provided to lever up the... Read more
Here's What To Do If The US-China Trade War Ignites Layoffs
The trade war with China and rising pressure on manufacturers and retailers are bringing a new worry: layoffs. Here's ho... Read more
Atlanta Fed President Bostic Does Not See A Rate Cut This Year Like The Market Is Telegraphing
Bostic expressed confidence in the economy, and in the Fed's position on monetary policy, during an interview Monday wit... Read more
China Is In 'no Rush' To Restart Trade Talks
Beijing is in "no rush" to resume trade talks between the U.S. and China. Read more
Three States Just Set New Lows For Unemployment — That Could Be Good For Trump In 2020
Vermont's 2.2%, Pennsylvania's 3.8% and Wisconsin's 2.8% set new lows for state unemployment rates. Read more