Economy
Business

Global Finance Chiefs Told Trade Tensions Are Hitting Confidence

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Trade tensions between the United States and China risk eroding business and investor confidence, even as global growth enjoys its best upswing in years.

Enda Curran and Andrew Mayeda | Bloomberg News
April 20, 2018
Government, Business

Fed Economists Say Tariffs More Likely to Kill Than Create Jobs

Leila Navidi/Minneapolis Star Tribune/TNS

U.S. President Donald Trump may hope his tariffs on imported steel and aluminum will create new jobs, or at least protect existing ones. Researchers at the Federal Reserve Bank of New York said the opposite outcome was more likely.

Matthew Boesler | Bloomberg News
April 19, 2018
Business

Jobless Claims at Three-Week Low Amid Tight Labor Market

Mr. Blue MauMau/Flickr

U.S. filings for unemployment benefits fell to a three-week low, continuing a trend that indicates a tight labor market, Labor Department figures showed April 19.

Sho Chandra | Bloomberg News
April 19, 2018
Government, Business, Logistics

Fed Says Tariff Concerns Cloud Otherwise Solid Growth Outlook

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New tariffs and concerns over widening trade disputes cast a shadow over the Federal Reserve’s most recent survey of U.S. businesses even as all 12 regions reported continued robust job growth with few signs of overheating.

Christopher Condon | Bloomberg News
April 18, 2018
Government, Business

Soon-to-Be New York Fed Chief John Williams Sees Little Risk in Rate Hikes

Andrew Harrer/Bloomberg News

John Williams, who will take the helm of the Federal Reserve Bank of New York in June, played down risks the yield curve would become inverted as the U.S. central bank gradually raises interest rates.

Maria Tadeo and Jeanna Smialek | Bloomberg News
April 18, 2018
Business

Housing Starts Top Forecasts on Multifamily Construction

Luke Sharrett/Bloomberg News

New-home construction rose by more than forecast in March on a rebound in multifamily starts, giving a boost to first-quarter economic growth, government figures showed April 17.

Sho Chandra | Bloomberg News
April 17, 2018
Business

IMF Spots Trouble for Global Economy After 2020

Louis Vest/Flickr

The International Monetary Fund predicted the world economy’s strongest upswing since 2011 will continue for the next two years but warned the seeds of its demise already may have been planted.

Andrew Mayeda | Bloomberg News
April 17, 2018
Business

Factory Output Cools After Surging in Previous Month

Paul Taggart/Bloomberg News

U.S. factory production cooled in March after surging a month earlier, representing a pause in an otherwise strong manufacturing sector, Federal Reserve data showed April 17.

Katia Dmitrieva | Bloomberg News
April 17, 2018
Government, Business

Stock Selloff Deepens Amid Trump Trade Jabs

Olivier Douliery/Abaca Press/TNS

The selloff in U.S. stocks deepened April 6 as the White House’s latest trade bluster rattled global financial markets.

Jeremy Herron and Janine Wolf | Bloomberg News
April 6, 2018
Government, Business, Logistics

Treasury Secretary Steven Mnuchin Says There’s ‘Level of Risk’ of US-China Trade War

Olivier Douliery/Abaca Press/TNS

Treasury Secretary Steven Mnuchin said there is “a level of risk” that the tariff dispute between the United States and China will erupt into a full-scale trade war, though he’s “cautiously optimistic” that the world’s two largest economies will resolve differences through negotiations.

Justin Sink | Bloomberg News
April 6, 2018

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