DONALD TRUMP

Powell

Despite Trump Criticism, Fed Sees Need For More Rate Hikes

Federal Reserve policymakers are largely united on the need to raise borrowing costs further, minutes from their most recent policy meeting show, despite President Donald Trump's view that interest rate hikes have already gone too far.

Trade War: Mitch McConnell Says Tariffs Hurt, Urges Trade Progress

Mitch McConnell
Senate Republican Leader Mitch McConnell on Wednesday prodded President Donald Trump’s administration to quickly resolve festering trade disputes particularly with China, saying tariffs imposed by other countries in response to Trump’s trade policies are starting to pinch the “red hot” U.S. economy.
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Fed

Trump Widens Fed Critique, Calls It 'My Biggest Threat'

President Donald Trump heaped more criticism on the Federal Reserve in an interview with Fox Business Network on Tuesday, extending his discontent beyond its chairman, Jerome Powell, whom he has frequently critiqued in public.
US Steel

US Steel Workers Set To Get Biggest Pay Raise In Years

United States Steel Corp workers are set to get the biggest wage jump in at least six years under a new deal negotiated with the company, providing early signs that gains from President Donald Trump's clampdown on foreign imports are finally trickling down.
Facebook

Facebook To Ban Misinformation On Voting In Upcoming US Elections

Facebook Inc will ban false information about voting requirements and fact-check fake reports of violence or long lines at polling stations ahead of next month's U.S. midterm elections, company executives told Reuters, the latest effort to reduce voter manipulation on its service.
Dollar

US Government Posts Widest Deficit Since 2012

The U.S. government closed the 2018 fiscal year $779 billion in the red, its highest deficit in six years, as Republican-led tax cuts pinched revenues and expenses rose on a growing national debt, according to data released Monday by the Treasury Department.
trade rep

Mexico Says New US Trade Deal Won't Block Other Economic Relations

Mexico’s Foreign Minister Luis Videgaray told his Chinese counterpart in a phone call on Saturday that Mexico’s new trade deal with the United States and Canada will not impede economic relations with other countries, according to a foreign ministry statement.

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