SILVER SPRING, Md. — Consumer confidence ticked down slightly in May but remains nearly as high as its been since the pandemic began. The Conference Board reported Tuesday that its consumer confidence index fell to 117.2 from April's 117.5 reading, the highest level since February of 2020, just before the...
US Consumer Confidence Ticked Down in December
BALTIMORE — U.S. consumer confidence slipped ever so slightly in December, as expectations fell about economic growth over the next six months. The Conference Board said Tuesday that its consumer confidence index edged down to 126.5 from November's reading of 126.8. Americans felt largely confident about business conditions this month...
US Targets $300 Billion of Chinese Goods for New Tariff Hikes
BEIJING — U.S. officials listed $300 billion more of Chinese goods for possible tariff hikes while Beijing vowed Tuesday to "fight to the finish" in an escalating trade battle that is fueling fears about damage to global economic growth. The U.S. Trade Representative's Office issued its target list after Beijing...
Trump’s Record $4.7 Trillion Budget Relies on Strong Growth
WASHINGTON — President Donald Trump proposed a record $4.7 trillion federal budget for 2020 on Monday, relying on optimistic 3.1 percent economic growth projections alongside accounting shuffles and steep domestic cuts to bring future spending into promised balance in 15 years. The deficit is projected to hit $1.1 trillion in...
Want To Start a Food Truck Business? They'll Show You How.
Thinking about going into the mobile food business? Then you might want to attend a mobile vendor summit Monday, Dec. 10, in Fresno. Cultiva la Salud — a local nonprofit that focuses on health equity and access to food — will hold the summit at the UC Merced Center for...
China Says Retaliation Ready if US Tariffs Go Ahead
BEIJING — China is ready to retaliate if U.S. President Donald Trump goes ahead with a tariff hike on Chinese goods and is confident it can maintain "steady and healthy" economic growth, a government spokesman said Thursday. The Trump administration is poised to impose 25 percent penalties this week on...
US, China Raise Tariffs in New Round of Trade Dispute
BEIJING — The United States and China went ahead with tariff hikes on billions of dollars of each other's automobiles, factory machinery and other goods Thursday in an escalation of a battle over Beijing's technology policy that companies worry will chill global economic growth. The increases came as envoys met...