economy

Counselor to the President Kellyanne Conway speaks to members of the media outside of the West Wing on the North Lawn of the White House in Washington, Wednesday, Aug. 7, 2019.
Andrew Harnik/AP Photo
August 20, 2019 - 10:10 am
By Zeke Miller and Josh Boak, Associated Press WASHINGTON (AP) — The "fundamentals" of the U.S. economy are solid, the White House asserted, invoking an ill-fated political declaration of a decade ago amid mounting concern that a recession could imperil President Donald Trump's reelection...
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Traders and financial professionals work on the floor of the New York Stock Exchange (NYSE) at the opening bell on August 15, 2019 in New York City.
Drew Angerer/Getty Images
August 15, 2019 - 10:49 am
By Stan Choe NEW YORK (AP) — Stocks around the world remained stuck in the spin cycle Thursday, as worries about a possible recession collided with hopes that the strongest part of the U.S. economy — shoppers spending at stores and online — can keep going. The S&P 500 flipped between modest...
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mavdesign/Getty Images
David Madden
August 09, 2019 - 3:45 pm
SOUTH JERSEY (KYW Newsradio) — Changes are on the horizon for New Jersey’s controversial tax on shore house rentals. Gov. Phil Murphy signed legislation Friday that would limit the scope of rentals that are subject to the tax. The 11.6 percent tax, which went into effect last year, is similar to...
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Trump rips Federal Reserve as it mulls rate cut
CNN
July 31, 2019 - 10:37 am
By Donna Borak, CNN Business (CNN) -- The Federal Reserve is poised to cut interest rates on Wednesday for the first time since the 2008 financial crisis to extend the longest economic expansion in US history. The move would come despite a strong US economy. But some cracks are beginning to show:...
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From left: Marianne Williamson, Tim Ryan, Amy Klobuchar, Pete Buttigieg, Bernie Sanders, Elizabeth Warren, Beto O'Rourke, John Hickenlooper, John Delaney and Steve Bullock take the stage for a Democratic primary debate in Detroit.
Paul Sancya/AP Photo
July 31, 2019 - 6:35 am
By Steve Peoples and Sara Burnett, Associated Press DETROIT (AP) — The signature domestic proposal by the leading progressive candidates for the Democratic presidential nomination came under withering attack from moderates in a debate that laid bare the struggle between a call for revolutionary...
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President Donald Trump arrives before signing H.R. 1327, an act ensuring that a victims' compensation fund related to the Sept. 11 attacks never runs out of money, in the Rose Garden of the White House, Monday, July 29, 2019, in Washington.
Scott Applewhite/AP Photo
July 30, 2019 - 10:21 am
By Marc Levy and Scott Bauer, Associated Press BROOKFIELD, Wis. (AP) — Carol Evans approves of Donald Trump's immigration policy. She gives him credit for the strong economy. But the Republican from the affluent Milwaukee suburbs of Waukesha County, a GOP bedrock in the state, just can't commit to...
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In this file photo dated Thursday, March 28, 2019, the Ford Motor company logo at the auto show in Denver.
David Zalubowski/AP Photo
June 27, 2019 - 9:46 am
By David McHugh, AP Business Writer FRANKFURT, Germany (AP) — Carmaker Ford said Thursday it is shedding 12,000 jobs in Europe to increase profitability, part of a global trend of cost cuts by automakers facing shifting consumer tastes and heavy investments in electric cars. The job losses amount...
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President Donald Trump speaks at the "Faith & Freedom Coalition 2019 Road To Majority Policy Conference," Wednesday, June 26, 2019, in Washington.
Evan Vucci/AP Photo
June 26, 2019 - 3:10 pm
By Paul Wiseman WASHINGTON (AP) — President Donald Trump said Wednesday that he's under little pressure to reach a trade deal with China when he meets late this week with President Xi Jinping and is prepared to impose further tariffs on Chinese imports. "The Chinese economy's going down the tubes...
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Democratic presidential candidate Sen. Bernie Sanders, I-Vt., pauses while speaking during a forum on Friday, June 21, 2019, in Miami.
Brynn Anderson/AP Photo
June 24, 2019 - 12:43 pm
By Laurie Kellman and Elana Schor, Associated Press WASHINGTON (AP) — Days before the first Democratic presidential debates, Sen. Bernie Sanders and House progressives rolled out legislation to cancel all student debt, going farther than a signature proposal by Sen. Elizabeth Warren as the two...
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Facebook
Elise Amendola/AP, file
June 18, 2019 - 1:19 pm
SAN FRANCISCO (AP) — Facebook already rules daily communication for more than two billion people around the world. Now it wants its own currency, too. The social network unveiled an ambitious plan Tuesday to create a new digital currency similar to Bitcoin for global use, one that could drive more...
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