WASHINGTON — The Federal Reserve cut its key interest rate Wednesday for the first time in a decade to try to counter threats ranging from uncertainties caused by President Donald Trump's trade wars to chronically low inflation and a dim global outlook. The Fed also repeated a pledge to "act...
US Adds 224,000 Jobs, Making Fed Rate Cut Less Certain
WASHINGTON — U.S. employers sharply stepped up their hiring in June, adding a robust 224,000 jobs, an indication of the economy's durability after more than a decade of expansion. The strength of the jobs report the government issued Friday could complicate a decision for the Federal Reserve late this month...
Trump's Harley Boycott Call Roils Wisconsin Primary
MADISON, Wis. — President Donald Trump's call for a boycott of Harley-Davidson motorcycles forced Gov. Scott Walker and other Republicans to either criticize the president or stick with the Milwaukee-based company just ahead of Tuesday's primary where Trump allegiance has been a central focus. Trump on Sunday tweeted it was "great" that...
How Do 3D Printers Work? Here's the Answer.
The U.S. is in multiple international trade wars. After President Trump ordered higher taxes on some Chinese imports, the Chinese retaliated. The trade dispute now involves as much as $200 billion worth of Chinese-made goods. Trump has also targeted the European Union, Canada, and Mexico with tariffs. Most economists disagree...
Putting Tariffs on Your Friends Is a Bad Idea. Here's Why.
Europeans, Canadians and Mexicans buy more American goods and services than anyone else in the world. So why would the Trump administration be willing to start a trade war with the United States’ most important trading partners – as well as some of its oldest allies? The current dispute started...