Hospital staff stand outside the emergency entrance of Wuhan Medical Treatment Center, where some infected with a new virus are being treated, in Wuhan, China, Wednesday, Jan. 22, 2020. The number of cases of a new coronavirus from Wuhan has risen to over 400 in China health authorities said Wednesday.
Virus Outbreak May Wallop Economy
The 2003 SARS crisis caused $40 billion to $50 billion in losses from reduced travel and spending.
Jan 23rd, 2020
In this Jan. 14 photo, shipping containers are stacked at a dockyard on the Yangtze River in Nantong in eastern China's Jiangsu Province.
Reduced Rates, Trade Tension to Aid World Growth
Jan 20th, 2020
I Stock 1028462780 (1)
Signs Point Up for Small Manufacturers
Jan 20th, 2020
I Stock 1189988879
Senate Overwhemingly Passes USCMA Deal
Jan 16th, 2020
I Stock 93471831
December US Consumer Prices Up 0.2%
Jan 14th, 2020
In this April 25, 2018, file photo, attendees visit the Ford booth during Auto China 2018 show held in Beijing, China. China’s government says it will postpone planned punitive tariffs on U.S.-made automobiles and other goods following an interim trade deal with Washington.Sunday, Dec. 15, 2019’s announcement came after Washington agreed to postpone a planned tariff hike on $160 billion of Chinese goods and to cut in half penalties that already were imposed.
US Axes China's Currency Manipulator Label
The action comes five months after the Trump administration had branded China a currency manipulator.
Jan 13th, 2020
I Stock 1089423344
US, China Agree to Resume Trade Talks
The discussions are set to continue Wednesday when the Trump administration signs a Phase One trade agreement with China in Washington.
Jan 13th, 2020
In this Oct. 1, 2019 file photo, Gabriel Picon, right, talks with a representative from GameStop during a job fair at Dolphin Mall in Miami.
US Adds 145K Jobs; Unemployment at 3.5%
Manufacturing companies added just 46,000 jobs in all of 2019.
Jan 10th, 2020
I Stock 1133251566
US Trade Deficit Falls 8.2% in Nov.
Shrinking to $43.1 billion, November showed the smallest deficit since October 2016.
Jan 7th, 2020
In this Dec. 3, 2019 file photo, workers erect a building under construction, in Philadelphia.
US Construction Spending Up 0.6% in Nov.
It was the fifth consecutive monthly gain and a sharp improvement from a tiny 0.1 percent October advance.
Jan 3rd, 2020
This March 27, 2019 file photo shows people working on the Boeing 737 MAX 8 assembly line during a brief media tour in Boeing's 737 assembly facility in Renton, WA.
US Mfg. Activity Hits Decade-Low
ISM's December Manufacturing Index December reading was its lowest since June 2009, when the US economy was at the tail end of the Great Recession.
Jan 3rd, 2020
President Donald Trump gives a thumbs-up after arriving for Christmas Eve dinner at Mar-a-lago in Palm Beach, FL on Dec. 24.
Trump to Sign 1st-Step China Deal Jan. 15
The so-called “Phase One” agreement is smaller than the comprehensive deal Trump had hoped for and leaves many of the thorniest issues between the two countries for future talks.
Jan 2nd, 2020
In this Nov. 28, file photo, people shop at a Best Buy store during a Black Friday sale in Overland Park, KS.
Nov. Durable Goods Orders Slip 2%
It was the largest decline for durable goods since May, and orders have fallen in two of the past three months.
Dec 23rd, 2019
In this Oct. 28, 2019 file photo a Matson container ship passes the Golden Gate Bridge in Sausalito, CA.
Economic Growth Shows Resilience
The US economy is finishing the year in strong shape, thanks to a resilient consumer, a healthy job market and interest rate cuts by the Federal Reserve.
Dec 23rd, 2019
In this Dec. 3, 2019 photo, visitors look at the ship models exhibited by the China State Shipbuilding Corporation (CSSC) during the Marintec China exhibition in Shanghai, China.
China Announces Tariff Cuts, More Competition
The Finance Ministry said the new tariff cuts would mainly apply to products in short supply and to foreign products for daily use.
Dec 23rd, 2019
In this Nov. 29, 2019 file photo, Horacio Ment shops at a Kohl's store in Colma, CA.
US Consumer Spending Up 0.4% in Nov.
Economists are expecting consumer spending to remain solid in the final three months of the year to support continued moderate economic growth.
Dec 20th, 2019
In this Oct. 2, 2019 file photo, trucks are positioned to haul shipping containers at a terminal where containers are stacked five-high on Harbor Island in Seattle.
US Economy Grew at 2.1% Rate in Q3
Consumer spending, which accounts for 70 percent of economic activity, grew at a stronger 3.2 percent pace.
Dec 20th, 2019
In this Nov. 20, 2019 file photo, workers assemble Apple products at an Apple manufacturing plant in Austin, TX.
US Industrial Production Rises 1.1% in Nov.
The gain reversed a 0.9% drop in October and was the biggest jump since October 2017.
Dec 17th, 2019
In this Nov. 4, 2019 file photo, a job posting is displayed near the entrance outside a restaurant in Orlando, FL.
Study: Entrepreneurs Upbeat about Hiring
A 2018 study of about 3,000 people in the US found that nearly 9 in 10 entrepreneurs with young companies expect to employ workers during the next five years.
Dec 16th, 2019
In this Dec. 9 file photo, mist rolls over the U.S. Capitol dome on Capitol Hill in Washington.
US Budget Deficit Up To $209B in November
In the 2019 budget year, the government ran up a deficit of $984 billion, the most in seven years.
Dec 12th, 2019
I Stock 1134872513 (1)
Mfg. Capital Spending to Drop 2.1% in 2020
Though capital spending is forecasted to decrease, all 18 of ISM's manufacturing sectors forecast higher 2020 revenues than in 2019.
Dec 11th, 2019
In this Nov. 27, 2019 file photo, from left, Tina Fausto, left, and Olivia Wirtshafter, right, shop with Lilly Flores, second from left, and Laly Rose Stanton the day before the Thanksgiving holiday at a Walmart Supercenter in Las Vegas.
November US Consumer Prices up 0.3%
Excluding volatile food and energy prices, so-called core inflation rose 0.2% in November, matching October's increase.
Dec 11th, 2019
Deputy Prime Minister of Canada Chrystia Freeland, left, Mexico's top trade negotiator Jesus Seade, center, and U.S. Trade Representative Robert Lighthizer, sign an update to the North American Free Trade Agreement, at the national palace in Mexico City on Tuesday, Dec. 10. Observing from behind are Mexico's Treasury Secretary Arturo Herrera, left, Mexico's President Andres Manuel Lopez Obrador, second left, Mexico's Labor Secretary Maria Alcade, third left, and The President of the Mexican Senate Ricardo Monreal.
North American Trade Pact: What's in It?
The announcement agreement likely enables congressional approval of Trump’s US-Mexico-Canada Agreement, though pockets of resistance remain.
Dec 10th, 2019
House Speaker Nancy Pelosi of Calif., accompanied by House Congress members, speaks at a news conference to discuss the United States Mexico Canada Agreement (USMCA) trade agreement on Tuesday, Dec. 10 on Capitol Hill in Washington.
North American Trade Pact Agreement Announced
Both House Speaker Nanci Pelosi and President Donald Trump said the new agreement is a significant improvement over NAFTA.
Dec 10th, 2019
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How the Trade War Will Affect Holiday Shopping
A recent report put the cost for the average household at $1,000 a year once the newest tariffs take effect.
Dec 10th, 2019
Dennis Shea, US Ambassador to the WTO, arrives for the opening of the General Council, at the headquarters of the World Trade Organization, WTO, in Geneva, Switzerland, Monday, Dec. 9, 2019.
US Shuts Down WTO Appeals Court
Global commerce is losing its umpire.
Dec 10th, 2019
In this Nov. 4, 2019 file photo, cargo cranes are used to take containers off of a Yang Ming Marine Transport Corporation boat at the Port of Tacoma in Tacoma, WA.
US Productivity Edges Down 0.2% in Q3
It was the first quarterly drop since the fourth quarter of 2015.
Dec 10th, 2019
In this March 8, 2019, file photo, work continues on an outdoor observation deck on the 30 Hudson Yards office building in New York. Business economists expect U.S. economic growth to slow this year and next, but they say the economy will avoid recession.
Economists Expect to Avoid Recession
However, they peg the odds of a recession by mid-2021 at 66%.
Dec 9th, 2019
In this Nov. 27 file photo, Balo Balogun labels items in preparation for a holiday sale at a Walmart Supercenter in Las Vegas.
US Gains a Robust 266,000 Jobs
The November unemployment rate dipped to 3.5%, matching a half-century low, and wages rose a solid 3.1% compared with a year earlier.
Dec 6th, 2019
I Stock 1093885090
China Waiving Tariff Hikes on US Soybeans, Pork
Beijing promised in September to lift the tariffs, adding to conciliatory steps that raised hopes for a settlement.
Dec 6th, 2019
In this Oct. 2, 2019 file photo, a shipping container is lifted off the back of a truck as others wait in line to have their cargo unloaded at a terminal on Harbor Island in Seattle.
US Trade Gap Narrows 7.6% to $47.2 billion in October
The deficit in the trade of goods with China narrowed by 1.1% to $31.3 billion in October and is down 14.6% so far this year.
Dec 5th, 2019
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China Says US Must Cut Tariffs in Trade Deal
The two sides are negotiating details of a “Phase 1” agreement announced by President Donald Trump in October.
Dec 5th, 2019
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Businesses Add Only 67K Jobs in November; Manufacturing Down 6K
Manufacturing, construction and mining each lost 6,000 jobs last month in a slowdown in the goods-producing sector.
Dec 4th, 2019