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A 10% TARIFF on some Chinese products on many holiday-shopping lists will be delayed by Trump administration until mid-December. / BLOOMBERG NEWS FILE PHOTO/QILAI SHEN

U.S. delays China tariffs on some holiday-shopping favorites

WASHINGTON – The Trump administration will delay until mid-December the 10% tariff on some Chinese products on many holiday-shopping lists.By granting a grace period...
THE U.S. INTERIOR DEPARTMENT has extended the environmental review of the Vineyard Wind wind farm project, putting the project's future in jeopardy. Above, the Block Island Wind Farm. / BLOOMBERG NEWS FILE PHOTO/ERIC THAYER

Federal delay casts doubt on Vineyard Wind

NEW YORK – The Trump administration cast the fate of the nation’s first major offshore wind farm into doubt by extending an environmental review...

Trump’s trade war challenges Fed’s independence

All four living former chairs of the Federal Reserve took to the op-ed page of the Wall Street Journal on Aug. 5 to defend...
THE ODDS of an oncoming global recession are rising amid a continuing trade dispute between the U.S. and China. / BLOOMBERG NEWS

World economy edges closer to a recession as trade dread deepens

WASHINGTON – The escalating trade war between the United States and China is nudging the world economy toward its first recession in a decade...
MORE THAN $700 BILLION were wiped from the value of U.S. equities on Monday, following China's escalation of the trade war with the U.S. / BLOOMBERG NEWS FILE PHOTO/MICHAEL NAGLE

U.S. stocks plunge most in 2019 on trade tension

NEW YORK – Financial markets buckled after China escalated the trade war with the U.S., sending American stocks to the biggest drop this year...
THE U.S. trade gap with China increased from $30.1 to $30.2 billion in June, seasonally adjusted. / BLOOMBERG NEWS FILE PHOTO/TIM RUE

U.S. goods trade deficit widens to 5-month high in June

WASHINGTON – America’s merchandise trade deficit with China widened slightly in June to a five-month high, government figures showed Friday, a day after President...
PRESIDENT TRUMP said that he will impose a 10% tariff on $300 billion in Chinese imports that aren’t yet subject to United States duties after setbacks in negotiations with Beijing. / BLOOMBERG NEWS FILE PHOTO/ZACK GIBSON

Trump ratchets up U.S.-China trade war with new tariffs

WASHINGTON – President Donald Trump abruptly escalated his trade war with China, announcing that he would impose a 10% tariff on $300 billion in...
THE U.S. SENATE has passed bipartisan legislation to extend the debt limit and allow more government spending until after next year’s election. / BLOOMBERG NEWS FILE PHOTO/ ANDREW HARRER

Senate clears two-year debt, budget plan for Trump’s signature

WASHINGTON – The Senate sent President Donald Trump legislation to extend the debt limit and allow more government spending until after next year’s election...
THE U.S. ECONOMY expanded at a 2.1% annualized rate in the 2019 second quarter, driven in large part by increased consumer spending. / BLOOMBERG NEWS FILE PHOTO/MICHAEL NAGLE

U.S. growth slows to 2.1% as trade tensions weigh on businesses

WASHINGTON – U.S. economic growth slowed in the second quarter by less than forecast as consumer spending topped estimates, though weaker business investment and exports...
NEW YORK, NEW JERSEY and Connecticut have sued President Donald Trump’s administration over a provision in the 2017 tax law that limited write-offs for state and local taxes. / BLOOMBERG FILE PHOTO/ANDREW HARRER

N.Y., N.J. & Conn., pursue another battle in SALT deduction war

NEW YORK – New York, New Jersey and Connecticut are again suing President Donald Trump’s administration over a provision in the 2017 tax law...
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