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Trade woes are slowing U.S. economy, U.S. budget experts say

Higher trade barriers, including President Donald Trump's tariffs, are slowing the U.S. economy and cutting household income, congressional budget experts warned on Wednesday, as Trump heads toward a 2020 election showdown with Democrats......»»

Category: topSource: reutersAug 21st, 2019

The US Economy Needs The Trade War To End

Slowing corporate profits mean that the US economy needs a demand boostRelated Stocks: MS,.....»»

Category: blogSource: gurufocusOct 18th, 2019

China"s economy grew at slowest rate since the 1990s — and it could yet get worse

REUTERS/Aly Song China's economy grew at 6% between July and September — the slowest growth rate since 1992. Much of this was down to slowing demand from abroad, as the trade war weighs on Chinese p.....»»

Category: topSource: businessinsiderOct 18th, 2019

GM sales plummet in China

General Motor's quarterly vehicle sales in China plunged over 17%. As Fred Katayama reports, the automaker was hit hard by the slowing economy amid the U.S.-China trade war and heightened competition......»»

Category: videoSource: reutersOct 10th, 2019

GM"s third-quarter China vehicle sales down 17.5%, as U.S. automakers cede ground

General Motors Co's July to September vehicle sales in China fell 17.5%, as the U.S. automaker was hurt by a slowing economy amid the Sino-U.S. trade war and by heightened competition in its key mid-priced SUV segment......»»

Category: topSource: reutersOct 10th, 2019

GM"s China vehicle sales drop as US automakers give up share

A slowing Chinese economy, the trade war with the U.S. and competition are seen as reasons for the decline......»»

Category: topSource: foxnewsOct 10th, 2019

Black Unemployment Rate Over 50% Above National Number

Most experts believe that the September jobs report from the Bureau of Labor Statistics showed some pressure on the economy due to trade wars, particularly with China. However, the unemployment rate........»»

Category: blogSource: 247wallstOct 6th, 2019

U.S. unemployment rate hits 3.5%; job growth moderate

The U.S. unemployment rate dropped to near a 50-year low of 3.5% in September, with job growth increasing moderately, suggesting the slowing economy could avoid a recession for now despite trade tensions that are hammering manufacturing......»»

Category: topSource: reutersOct 4th, 2019

U.S. jobless rate falls to 50-year low

U.S. job growth increased moderately in September, with the unemployment rate dropping to near a 50-year low of 3.5%, which could assuage financial market concerns that the slowing economy was on the brink of a recession amid lingering trade tensions......»»

Category: videoSource: reutersOct 4th, 2019

Instant View: U.S. September payrolls lower than expected, jobless rate drops

U.S. job growth increased moderately in September, with the unemployment rate dropping to near a 50-year low of 3.5%, which could assuage financial market concerns that the slowing economy was on the brink of a recession amid lingering trade tensions......»»

Category: topSource: reutersOct 4th, 2019

Oil rises on fall in U.S. unemployment rate

Oil prices rose on Friday, although remained on track for a second consecutive weekly loss, as an increase in U.S. jobs eased financial market concerns that the slowing economy was on the brink of a recession amid lingering trade tensions......»»

Category: topSource: reutersOct 4th, 2019

U.S. unemployment rate falls to 3.5%; job growth steady

U.S. job growth increased moderately in September, with the unemployment rate dropping to near a 50-year low of 3.5%, assuaging financial market concerns that the slowing economy was on the brink of a recession amid lingering trade tensions......»»

Category: topSource: reutersOct 4th, 2019

Moderate U.S. job growth expected in September

U.S. job growth likely picked up in September, with wages increasing solidly, which could assuage financial market concerns that the slowing economy was teetering on the brink of a recession amid lingering trade tensions......»»

Category: topSource: reutersOct 4th, 2019

Trade Uncertainty Stunts Class 8 Truck Orders

Preliminary September orders for Class 8 trucks improved over August but remained stagnant as fleets delayed booking new equipment in the face of ongoing trade tensions slowing swaths of the manufacturing economy. read more.....»»

Category: blogSource: benzingaOct 3rd, 2019

Slowing U.S. private hiring adds to gloom over economy

Hiring by U.S. private employers slowed further in September, suggesting that trade tensions, which have pressured manufacturing, could be spilling over to the labor market......»»

Category: topSource: reutersOct 2nd, 2019

Economic Preview: Slowing but still-strong U.S. job market keeps economy going in turbulent times

Trump impeachment talk, China trade tensions, drone strikes in Saudi Arabia, a messy “Brexit” — it’s all enough to sour Wall Street and Main Street on the U..S. economy’s future......»»

Category: topSource: marketwatchSep 30th, 2019

The global economy is slowing much faster than expected

Economic growth around the world has taken a "dangerous turn" due to trade disputes, OECD's chief economist warns.....»»

Category: topSource: moneycentralSep 19th, 2019

The global economy is slowing much faster than expected

Economic growth around the world has taken a "dangerous turn" due to trade disputes, OECD's chief economist warns.....»»

Category: topSource: moneycentralSep 19th, 2019

August jobs report points to slowing economy, Fed rate cut

U.S. job growth slowed more than expected in August, reflecting the U.S. trade war with China and raising expectations for a Federal Reserve rate cut this month......»»

Category: topSource: reutersSep 6th, 2019

American Corporate Layoffs Surge

It may be that the slowing economy and the trade war with China, two interdependent factors, have started to catch up with corporate confidence. Layoffs surged in August......»»

Category: blogSource: 247wallstSep 5th, 2019

China"s factory activity shrinks for fourth month as trade woes deepen

Factory activity in China shrank in August for the fourth month in a row as the United States ramped up trade pressure and domestic demand remained sluggish, pointing to a further slowdown in the world's second-largest economy......»»

Category: topSource: reutersAug 31st, 2019