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PRESIDENT DONALD TRUMP plans to withdraw the United States from a 192-nation postal treaty. The move has been heralded by U.S. manufacturers. / BLOOMBERG NEWS FILE PHOTO./ANDREW HARRER

Trump to withdraw U.S. from postal treaty, squeezing China

NEW YORK - President Donald Trump plans to withdraw the United States from a 192-nation treaty that gives Chinese companies discounted shipping rates for small...
THE UNITED STATES budget deficit grew to $779 billion in Donald Trump’s first full fiscal year as president. The Treasury reported this month that the government paid $523 billion in total interest in fiscal 2018, the highest on record. / BLOOMBERG NEWS

Trump’s first annual budget deficit climbs to a six-year high

NEW YORK - The United States budget deficit grew to $779 billion in Donald Trump’s first full fiscal year as president, the highest since 2012...
THE UNITED STATES trade deficit trade increased 6.4 percent to $53.2 billion in August. / BLOOMBERG NEWS FILE PHOTO/QILAI SHEN

U.S. trade gap hits six-month high as soybean exports plunge 28%

NEW YORK - The United States trade deficit widened in August to the biggest in six months as soybean exports plunged and a measure...
PRESIDENT DONALD TRUMP'S tariffs are expected to increase the cost of wind energy in the United States. / COURTESY DEEPWATER WIND

Trump’s import tariffs will make U.S. wind power more expensive

NEW YORK - President Donald Trump’s trade war won’t wreck the United States wind industry, but it will raise the cost of power.Tariffs on...

U.S. and Canada reach trade deal to keep NAFTA trilateral

NEW YORK - United States President Donald Trump is set to sign a successor to the North American Free Trade Agreement that will make...
MARRIOTT INTERNATIONAL CEO Arne Sorenson has warned President Donald Trump that the United States' trade war with China is already causing Chinese tourists to pick destinations other than the U.S. / BLOOMBERG NEWS FILE PHOTO/PATRICK T. FALLON

Marriott CEO says trade war with China could hurt travel to...

TORONTO – President Donald Trump’s trade war with China could hurt tourism from that country to the U.S., and Chinese travelers are already starting to...
THE UNITED STATES merchandise-trade deficit unexpectedly grew in August to $75.8 billion. / BLOOMBERG NEWS

Tariffs start to drag on U.S. economy as trade deficit widens

NEW YORK - Fresh data on the United States economy show President Donald Trump’s escalating trade war is shaping up as a clear drag on...
UNITED STATES GROSS DOMESTIC PRODUCT increased at an unrevised 4.2 percent annnualized rate in the second quarter of 2018. / BLOOMBERG NEWS FILE PHOTO/TIM RUE

U.S. economy grew at unrevised 4.2% pace in Q2

NEW YORK - The United States economy grew in the second quarter at an unrevised 4.2 percent pace, the fastest since late 2014, indicating a...
THE FEDERAL RESERVE raised federal interest rates a quarter-point, boosting the benchmark federal funds rate to a target range of 2 percent to 2.25 percent. / BLOOMBERG NEWS FILE PHOTO/ANDREW HARRER

Fed raises rates and says more coming, brushing off Trump jabs

NEW YORK - Federal Reserve officials raised interest rates for a third time this year and reaffirmed their outlook for further gradual hikes well into...
CONNECTICUT owners of so-called pass-through businesses currently have a workaround to the federal $10,000 SALT deduction limit due to a state law passed earlier this year. / BLOOMBERG NEWS FILE PHOTO/MICHAEL NAGLE

Connecticut’s SALT bypass offers hidden perk for money managers

NEW YORK - Hedge fund and private equity managers in Connecticut may have more to like about the state’s novel workaround for a new cap...
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