Economy

Automakers Say Trump’s Plan to Weaken Emission Standards Risks Crippling Industry Economy
Automakers Say Trump’s Plan to Weaken Emission Standards Risks Crippling Industry

WASHINGTON — Some of the world’s largest car manufacturers have delivered a unified message to President Donald Trump: Go back to the negotiating table on vehicle emission standards or risk crippling their industry. Seventeen major automakers, including General Motors, Ford,... Read More

Christine Lagarde Warns ... 'Nobody Wins a Trade War and Everybody Suffers' IMF
Christine Lagarde Warns ... 'Nobody Wins a Trade War and Everybody Suffers'
2019-06-07 00:19:16
by Dan McCue

WASHINGTON - Despite uncertainties on several fronts, including a nasty trade dispute with China, escalating tariff threats, and The federal government’s penchant for taking on enormous debt and all the risks that come with it, the U.S. economy should remain... Read More

World Bank Downgrades Forecast for Global Economy IMF
World Bank Downgrades Forecast for Global Economy
2019-06-06 00:01:15
by Dan McCue

The global economy has slowed to its lowest pace in three years, the World Bank said Tuesday, attributing the sluggishness to trade disputes, a slowdown in international investment and unexpectedly soft growth in Europe and other large economies. As a... Read More

Fed Chairman Hints That Rate Cuts May Be Needed Due to Trade Disputes Federal Reserve
Fed Chairman Hints That Rate Cuts May Be Needed Due to Trade Disputes
2019-06-04 20:05:30
by Dan McCue

Federal Reserve Chairman Jerome Powell hinted on Tuesday that the central bank is prepared to cut interest rates later this year if it decides President Donald Trump's many trade conflicts are harming the U.S. economy. "We are closely monitoring the... Read More

Trump Administration Halts Cruises to Cuba Under New Rules Political News
Trump Administration Halts Cruises to Cuba Under New Rules
2019-06-04 20:02:07
by Dan McCue

The Trump administration put an end to the most popular way to travel from the United States to Cuba, Tuesday banning cruise ships from calling on ports in the communist nation. The ban goes into effect Wednesday, when the change... Read More

Poll Finds Americans Say Health Care Costs Their Most Pressing Financial Problem Opinion Polls
Poll Finds Americans Say Health Care Costs Their Most Pressing Financial Problem
2019-05-31 19:25:41
by Dan McCue

Americans are more likely to name healthcare costs than any other issue when asked to say what is the most important financial problem facing their family, a recent Gallup poll found. In a survey conducted April 17-30, 17 percent of... Read More

US Economy Grew at a Strong 3.1% Rate During the First Quarter Economy
US Economy Grew at a Strong 3.1% Rate During the First Quarter
2019-05-30 20:16:47
by Dan McCue

The U.S. economy grew at a strong 3.1% rate in the first three months of the year, the Commerce Department said Thursday, though much of the gain was due to temporary factors that have likely faded over time. The nation's... Read More

State Attorneys General Boost U.S. House Payday Lender Bill U.S. House
State Attorneys General Boost U.S. House Payday Lender Bill
2019-05-28 21:35:06
by Tom Ramstack

WASHINGTON - Twenty-five state attorneys general are giving a boost to a bill introduced in Congress this month that seeks to rein in excessive interest rates on payday loans. The attorneys general filed a comment letter with the Consumer Financial... Read More

Another Conservative Republican Blocks Disaster Aid Bill in the House Political News
Another Conservative Republican Blocks Disaster Aid Bill in the House
2019-05-28 21:22:44
by Dan McCue

For the second time in five days, a conservative Republican member of the House has blocked a long overdue $19 billion disaster bill. Representative Thomas Massie, R-Ky., said that if Speaker Nancy Pelosi and other Democratic leaders had thought the... Read More

NASA Test Flights in Reno Aim to Set Stage for Future Drone Package Deliveries Science
NASA Test Flights in Reno Aim to Set Stage for Future Drone Package Deliveries
2019-05-24 01:45:16
by Dan McCue

NASA launched the final stage of its four-year program to create a national traffic management system for drones this week, a move that brings home delivery of packages, medical supplies and even pizza by small unmanned aircraft one step closer... Read More

As Summer Beckons, New Study Finds Beer Adds Cool $328 Billion to U.S. Economy Economy
As Summer Beckons, New Study Finds Beer Adds Cool $328 Billion to U.S. Economy
2019-05-24 01:36:22
by Dan McCue

Beer produced in America contributes $328 billion to the national economy annually, while helping to employ 2.1 million in industries ranging from farming to construction, according to a new study from the Beer Institute and the National Beer Wholesalers Association.... Read More

New Democrat Coalition Releases Technology Task Force Goals for the 116th Congress Technology
New Democrat Coalition Releases Technology Task Force Goals for the 116th Congress
2019-05-23 16:40:32
by Dan McCue

The New Democrat Coalition Technology Task Force announced its goals for the 116th Congress, saying it will place an emphasis on fostering innovation while improving the nation's technological infrastructure and updating privacy protections. “Technology is changing the world and enhancing... Read More

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