Economy

John Bolton: U.S. Won't 'Turn A Blind Eye' To China's Trade Practices

7:48pm December 06, 2018

by Scott Horsley

The arrest and possible extradition of a Chinese business executive highlights trade practices that national security adviser Bolton says will be a major focus of U.S.-China trade talks.

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Economy

Stock Markets Mostly Recover After Plunging Amid Escalation Of U.S.-China Tensions

5:35pm December 06, 2018

by Jim Zarroli

Stock prices fell sharply on Thursday as hopes for a lasting trade truce between the U.S. and China faded.

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Traders work on the floor of the New York Stock Exchange on Thursday. Stocks plunged for the second trading day in a row but recovered late in the day.

Economy

Stocks Rebound After Tumbling Amid Worries Over U.S.-China Tensions

4:48pm December 06, 2018

by Avie Schneider

Stock markets recovered most of their losses late in the day, with the Dow closing down 79 points. Earlier, stocks slid after a Chinese tech executive was arrested, escalating U.S.-China tensions.

A worker installs a roof on a home being built in San Diego in 2017. The housing market has been softening, with sales of new single-family homes falling in October to the lowest level in more than 2 1/2 years.

Economy

Job Market Looks Healthy Despite Other Signs Of Trouble For The Economy

4:20pm December 06, 2018

by Avie Schneider

Private analysts forecast that the U.S. unemployment rate remained at a nearly 50-year low of 3.7 percent in November and that the economy added 190,000 jobs. That's below October's gain of 250,000.

In a speech to the Economic Club of New York on Wednesday, Federal Reserve Chairman Jerome Powell said interest rates are just below the range of estimates that would be "neutral" for the economy.

Economy

The Fed's Mistake?

4:05pm December 06, 2018

by Cardiff Garcia

For years after the Great Recession, the Federal Reserve kept short term interest rates near zero percent. It began raising rates in 2015 — but did it jump the gun.

Visitors pass a Huawei marquee in Barcelona during the Mobile World Congress last year. The daughter of the Chinese telecommunications giant's founder was arrested Saturday in Canada on U.S. request, in a move that threatens to inflame U.S.-China trade te

Huawei Finance Chief's Arrest Threatens To Inflame U.S.-China Tensions

1:18pm December 06, 2018

Canadian authorities have arrested Meng Wanzhou, the company's CFO and daughter of its founder, at the request of the U.S. And Chinese officials have made quite clear they're not happy about it.

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Secretary Of Defense Mattis And Chairman Of The Joint Chiefs of Staff Gen. Dunford Hold Briefing At The Pentagon

Economy

Audit! At The Pentagon

12:36pm December 06, 2018

There are five sides to every story.

Economy

What Is Inflation Targeting And Why Does It Matter?

6:13am December 06, 2018

by Darian Woods

There's a number you could call the most important number for the economy. It's the Federal Reserve's inflation target. The story of how it came to be is a bit random, and begins in New Zealand.

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Yellow vests (Gilets jaunes) protesters block the road leading

Economy

Paris Is Burning

4:50pm December 05, 2018

What the yellow vest protests in Paris tell us about economic reform in France and the parallels with politics in the U.S.

Stock and bond markets have been roiled by concerns about trade tensions and the economy.

Economy

Dow Drops 799 Points, As Topsy-Turvy Interest Rates Boost Recession Fears

5:33pm December 04, 2018

by Jim Zarroli

The bond market is worried the trade war, slowing global growth and a drop in oil prices are signs the economy is slowing and may be heading for a recession. Nervousness spilled over into stocks too.