Category: Market

The U.S. economy added 157,000 jobs in July, below expectations, as the job market cooled but remained strong amid a tightening labor market. The unemployment rate fell to 3.9 from 4 percent in June, the Labor Department reported on Friday. Estimates had been set at about 190,000 jobs in July. Employers added 268,000 jobs in May […]

China announced on Friday that it would impose retaliatory tariffs on $60 billion worth of U.S. imports in response to President Trump’s plans to raise tariff levels on Chinese goods, a move expected to further escalate trade tensions. The Chinese Ministry of Finance said it would impose tariffs upward of 25 percent on 5,207 American […]

President Trump announced Wednesday that he has secured major trade concessions from European Union officials as part of an effort to head off a trade war between the U.S. and the E.U. After talks at the White House with E.U. officials, Trump announced in a joint Rose Garden appearance that the delegation had agreed to […]

The Trump administration announced Tuesday that it will grant up to $12 billion in emergency aid to farmers hurt by retaliatory tariffs in the ongoing trade fight with China and other American trading partners. Secretary of Agriculture Sonny Perdue said that the plan, which will provide direct assistance and other temporary relief for farmers through […]

BEIJING — China slammed the U.S. threat to expand tariff hikes to imports including apples, fish sticks and French doors as a “totally unacceptable” escalation of their trade battle on Wednesday and vowed to protect its “core interests.” The Trump administration raised the stakes in the growing trade dispute, threatening 10 percent tariffs on a […]

President Donald Trump may have been “looking forward” to Friday morning’s jobs report, but this time he didn’t seem to tweet out any hints about its performance as the U.S. economy continued to tick upward with growth in jobs and wages in June. Total nonfarm payroll employment increased to 213,000 jobs in June, the 93rd […]

The Republican tax reform package that was supposed to raise wages and spur hiring has instead funded a record stock buyback and dividend spree, benefiting investors and company executives over workers. President Donald Trump signed the bill in December last year, saying the corporate tax cut would make it favorable for companies to bring back […]

A ‘Boycott Walmart’ campaign has been launched after it was discovered the store was selling ‘impeach 45’ clothing on its website. Walmart has pulled the the controversial anti-Trump “Impeach 45” apparel from its website after receiving harsh feedback online. The outcry sparked a #BoycottWalmart trend on Twitter as users expressed their distaste for the chain promoting […]

President Donald Trump threatened on Tuesday that Harley-Davidson will be “taxed like never before” if the motorcycle maker moves production overseas. He claimed that the iconic U.S. company was using increased trade tensions as an excuse to justify planned changes in manufacturing. “A Harley-Davidson should never be built in another country-never! Their employees and customers […]

President Donald Trump’s escalating trade war is supposed to be about protecting American jobs — but the uncertainty it’s creating is forcing some businesses to shift production overseas and cut back on hiring. On Monday, Milwaukee-based motorcycle manufacturer Harley-Davidson announced it would be moving the production of vehicles bound for Europe to international facilities to […]

WASHINGTON –  For the first time on record, the number of job openings in the United States exceeds the number of unemployed Americans — a trend that may soon give workers more leverage to demand pay raises. With employers struggling to fill openings, the number of available jobs in April rose 1 percent to 6.7 […]