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SMALL-BUSINESS optimism declined to its lowest since March, according to the National Federation of Independent Business. / BLOOMBERG NEWS FILE PHOTO/DANIEL ACKER

U.S. small-business optimism drops to near lowest of Trump era

WASHINGTON – United States small-business sentiment fell to near the lowest level of Donald Trump’s presidency, as tariffs and economic uncertainty increasingly weigh on...
THE UNITED STATES goods-trade gap with China shrank to a seasonally adjusted $28.9 billion in August from $29.6 billion a month earlier. / BLOOMBERG NEWS FILE PHOTO/QILAI SHEN

U.S. trade gap with China narrows as exports hit five-month high

WASHINGTON – The United States' merchandise trade deficit with China narrowed in August as exports rose to a five-month high, a possible sign of...
TARIFF IMPACTS: Rhode Island Manufacturers Association Executive Director David Chenevert said the impact of tariffs and the slowing of the world economy has affected businesses differently in Rhode Island. Manufacturers focused on the aerospace or medical-industry markets are doing fine, he said, because defense spending has increased and the medical industry is growing. Companies producing products for the automotive industry, however, are seeing an impact because auto sales are down nationally.
 / PBN PHOTO/RUPERT WHITELEY

U.S. trade war with China has brought pain, uncertainty

The initial tariffs imposed in 2018 on imports from China didn’t affect Cooley Group, a Pawtucket-based company that manufactures an array of engineered materials,...

U.S. economy cools on consumer spending, equipment orders

WASHINGTON – The United States economy cooled in August as Americans spent less than projected and companies cut capital-equipment orders, with below-forecast prices and...
THE UNITED STATES' goods-trade deficit was $72.8 billion in August after $72.5 billion the month prior. / BLOOMBERG NEWS FILE PHOTO/TIM RUE

U.S. goods trade deficit widened in August by less than forecast

WASHINGTON – America’s merchandise trade deficit widened in August by less than forecast as a gain in imports exceeded a slight increase in exports.The...
PRESIDENT DONALD TRUMP announced via Twitter Wednesday that he will revoke California’s authority to regulate greenhouse gas emissions from automobiles. The decision could impact New England, as five of the six states have adopted California's greenhouse gas standards. / PBN FILE PHOTO/BRIAN MCDONALD

California vows fight as Trump takes aim at clean-car authority

NEW YORK – President Donald Trump said he will revoke California’s authority to regulate greenhouse gas emissions from autos, his latest clash with the...
THE FEDERAL OPEN MARKET COMMITTEE, led by Federal Reserve Chairman Jerome Powell, decided to drop the main interest rate one-quarter of a point Wednesday. / BLOOMBERG NEWS FILE PHOTO/AL DRAGO

Fed makes second straight rate cut, splits on further action

WASHINGTON – Federal Reserve policy makers lowered their main interest rate for a second time this year while splitting over the need for further...

Trump’s wall threatens the nation’s defenses

Kudos to the Pentagon for shedding more light on an enduring mystery of Donald Trump’s administration: Who will pay for building a wall along...
U.S. EXPORTS to China declined year over year in July, dragged down by tariffs. / BLOOMBERG NEWS FILE PHOTO/PATRICK T. FALLON

U.S. trade with China fell in July despite truce in tariff...

WASHINGTON – America’s merchandise trade with China continued to sag in July despite a tariff-war truce between the world’s two largest economies that’s since...

U.S. consumer sentiment falls most since 2012 on tariff concern

WASHINGTON – United States consumer sentiment fell the most in six years, slumping to the lowest level of Donald Trump's presidency as Americans expressed...
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