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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...
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...
UNITED STATES manufacturing plunged last month by the most since October 2008, a 5.2-point drop to a two-year low of 54.1 points on the Institute for Supply Management index. / BLOOMBERG NEWS FILE PHOTO/TY WRIGHT

U.S. factory gauge tumbles by most since 2008 as orders cool

NEW YORK - A gauge of United States manufacturing plunged last month by the most since October 2008, a fresh sign of deceleration in the...
THE U.S. STOCK MARKET bounced back by Monday afternoon after plunging to start the day. / BLOOMBERG NEWS FILE PHOTO/NORIKO HAYASHI

Stocks roar back, led by rebound in tech shares

NEW YORK - Gut-wrenching volatility extended into a 12th week Monday as United States equities plunged and recovered, with the Dow Jones Industrial Average...
THE U.S. TRADE GAP increased 1.7 percent to $55.5 billion in October, the highest in a decade. / BLOOMBERG NEWS FILE PHOTO/TIM RUE

U.S. trade gap widens to 10-year high amid China tensions

NEW YORK - The United States trade deficit widened more than forecast in October to the highest in a decade, underscoring continued fallout from the...
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