Photo of President Donald Trump and Chinese President Xi Jinping

Markets Tumble on Growing Tariffs Rift Between US, China

WASHINGTON — President Donald Trump declared Friday that he had "hereby ordered" American companies "to immediately start looking" for alternatives to operating in China, hours after Beijing announced new trade sanctions on U.S. products. "There doesn't see...
Photo of specialist James Denaro at the New York Stock Exchange

US Stock Indexes Slide as China’s Currency Hits 11-Year Low

NEW YORK — U.S. stocks nosedived in morning trading on Wall Street Monday as China's currency fell sharply and stoked fears that the trade war between the world's two largest economies would continue escalating. China let its currency, the yuan, sink to an ...
Photo of container ships

US Economy Slowed to 2.1% Growth in Second Quarter

WASHINGTON — The U.S. economy slowed sharply in the April-June quarter even as consumers stepped up their spending. The gross domestic product, the economy's total output of goods and services, grew at a 2.1% annual rate last quarter, down from a 3.1% gain ...
Composite of GV Wire's Jamie Ouverson and Hundred Dollar Bills

Impact of Trump’s Tariffs on Americans Explained

President Donald Trump's international trade war might have made sense from an American perspective in the 19th century. Certainly, Trump is to be commended for trying to protect U.S. patents, trade secrets, and intellectual properties. China, as we know, d...