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JEROME POWELL, chairman of the U.S. Federal Reserve, said Friday that while the U.S. economy is strong, it faces uncertainty from global markets and trade uncertainties. / Bloomberg News File Photo/Andrew Harrer

Powell says economy in favorable place, faces significant risks

WASHINGTON – Federal Reserve Chairman Jerome Powell said the United States economy is in a favorable place but faces “significant risks” as growth abroad...
CHINA ANNOUNCED that it will impose additional tariffs on a total of $75 billion of United States goods in retaliation for President Donald Trump’s latest planned tariffs. / BLOOMBERG NEWS FILE PHOTO/ OILAI SHEN

China hits back at U.S. with tariffs on $75B of imports

BEIJING – China announced that it will impose additional tariffs on a total of $75 billion of United States goods in retaliation for President...

Stocks rise, treasuries fall on stimulus bets

NEW YORK – U.S. stocks rose for a second day as investors got a reprieve from trade posturing and speculation mounted that European officials...

Fed survey finds tariffs pushing up prices, pinching profits

WASHINGTON – A new survey by the Federal Reserve Bank of New York found a growing conviction among businesses that President Donald Trump’s tariffs...
U.S. FACTORY OUTPUT declined 0.4% in July, according to the Federal Reserve. / BLOOMBERG NEWS FILE PHOTO/TY WRIGHT

Output at U.S. factories falls after biggest gain this year

WASHINGTON – United States factory output retreated in July after rising a month earlier by the most this year, signaling manufacturing is having trouble...
THE DOW JONES Industrial Average fell 800 points Wednesday in the worst rout of the year. / BLOOMBERG NEWS FILE PHOTO/MICHAEL NAGLE

U.S. stocks tumble as economic worries mount

NEW YORK – United States stocks suffered one of the deepest sell-offs of the year and Treasuries surged as mounting signs of a global economic slowdown...
THE U.S. AND U.K yield curves inverted for the first time since the 2008 financial crisis. The flip is considered by some as an indicator of an oncoming recession. / BLOOMBERG NEWS

Bonds signal growing global distress as key yield curve flips

NEW YORK – The United States government bond market sounded alarms Wednesday as investors fleeing riskier assets drove the 30-year bond’s yield to a...
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...

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...

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