BURLINGTON, Vt. — After a decade of booming enrollment by students from China, American universities are starting to see steep declines as political tensions between the two countries cut into a major source of tuition revenue. Several universities have reported drops of one-fifth or more this fall in the number...
Walters: Is a Recession on Our Horizon?
We live in volatile economic times, with global markets reacting moment by moment to the latest bits of data and the utterances of central bankers and politicians — even the tweets from the White House. California’s economy is much too big — the fifth largest in the world, we are...
US Hiring Slows Amid Trade Tensions, Weaker Global Economy
WASHINGTON — U.S. hiring stumbled in May as employers added just 75,000 jobs, a sign that businesses have become more cautious in the face of weaker global growth and widening trade conflicts. Last month's modest job gain followed a much healthier increase of 224,000 in April. The Labor Department said...
US Factories Grew at a Slower Pace in July
WASHINGTON — U.S. factories grew at a slower pace in July, but American industry remains healthy despite growing concern about trade conflicts. The Institute for Supply Management, a trade group of purchasing managers, said Wednesday that its manufacturing index slipped last month to 58.1 from 60.2 in June. Anything over...