Paul Wiseman

Government, Business, Technology

US Delays Tariffs on Some Chinese Goods, Drops Others

Huawei factory worker A mobile phone production line worker at the Huawei factoryin Dongguan in China's Guangdong province. (Kin Cheung/AP)

WASHINGTON — The United States is delaying tariffs on Chinese-made cellphones, laptop computers and other items and removing other Chinese imports from its target list altogether.

Paul Wiseman | Associated Press
August 13, 2019
Government, Business

US Trade Deficit Rises to Five-Month High of $55.5 Billion in May

ship at port Cargo ship at the Port of Los Angeles by Marcio Jose Sanchez/AP

WASHINGTON — The U.S. trade deficit rose to a five-month high in May as the politically sensitive imbalances with China and Mexico widened. The Commerce Department said July 3 that the gap between the goods and services the U.S. sells and what it buys from foreign countries rose 8.4% to $55.5 billion in May.

Paul Wiseman | Associated Press
July 3, 2019
Government, Business

October Home Sales Rise 1.4%, Snap Six-Month Losing Streak

Home for sale Christinne Muschi/Bloomberg News

WASHINGTON — U.S. home sales rose in October, breaking a six-month losing streak. But sales remain down from a year ago, hurt by rising interest rates.

Paul Wiseman | Associated Press
November 21, 2018
Government, Business

Manufacturing Growth Tapers in October

Factory Manufacturing Carlos Osorio/Associated press

WASHINGTON — American manufacturers grew at a slower pace in October as factories contended with supply disruptions caused by disputes with China, Europe and other trading partners.

Paul Wiseman | Associated Press
November 1, 2018
Government, Business

Consumer Spirits Rise to 18-Year High

Consumer Mary Altaffer/Associated Press

WASHINGTON — U.S. consumer confidence rose again this month, hitting a new 18-year high. The Conference Board said Oct. 30 that its consumer confidence index climbed to 137.9 in October from 135.3 in September. Both readings are the highest since September 2000.

Paul Wiseman | Associated Press
October 30, 2018
Government, Business

Record Imports Push US Trade Gap to $53.2 Billion in August

Shipping Dock Stephen B. Morton/Associated Press

WASHINGTON — Record imports drove the U.S. trade deficit up for the third straight month in August.

Paul Wiseman | Associated Press
October 5, 2018
Business

Consumer Confidence Rises to 18-Year High in September

Lady shopping Getty Images

WASHINGTON —U.S. consumer confidence shot up to an 18-year high in September — good news for retailers as the holiday shopping season approaches.

Paul Wiseman | Associated Press
September 25, 2018
Business

US Producer Prices Dip 0.1% in August

Producer prices usdagov/Flickr

WASHINGTON — U.S. wholesale prices fell unexpectedly last month for the first time since February 2017, pulled down by falling prices for transportation and warehousing services. The drop suggests that inflationary pressures may be easing despite the strength of the U.S. economy.

Paul Wiseman | Associated Press
September 12, 2018
Government, Business

US Trade Deficit Widened to $50.1 Billion in July

Cargo is unloaded from trucks at the Port of Long Beach. Cargo is unloaded from trucks at the Port of Long Beach. (Marcio Jose Sanchez/AP)

WASHINGTON — The U.S. trade deficit widened for the second straight month in July, reaching the highest level since February, as imports hit an all-time high. The deficit in goods with China and the European Union set records.

Paul Wiseman | Associated Press
September 5, 2018
Government, Business

US Industrial Production Edged Up 0.1% in July

A truck driver chains down a roll of steel to his flatbed at the NUCOR Steel Gallatin plant in Ghent, Ky. A truck driver chains down a roll of steel to his flatbed at the NUCOR Steel Gallatin plant in Ghent, Ky. (Timothy D. Easley/AP)

WASHINGTON — U.S. industrial production rose modestly last month, held down by drops in mining and utilities.

Paul Wiseman | Associated Press
August 15, 2018

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