The president suggests that the Fed is undercutting his efforts to expand the economy.
economic growth
Posted inBusiness, Nation & World, News
Foreign money diverts from U.S. as Trump hardens trade stance
Foreign direct investment in U.S. businesses and factories plunged in 2017 and is falling this year.
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Posted inBusiness, Nation & World
Federal Reserve chair calls decline in worker share of profits ‘very troubling’
Average hourly wages for most American workers have been stalled – and by at least one measure, have fallen when accounting for inflation.
Posted inBusiness, Nation & World, News
First quarter GDP revised down to lackluster 2 percent
The Commerce Department releases its final gross domestic product estimate, and it is weaker than previously thought.
Posted inBusiness, Nation & World
EU prepares to slap tariffs on American products
And the highest-stakes fight still looms if the conflict beween the U.S. and China escalates.
Posted inBusiness, Nation & World
Some places will pay U.S. workers thousands to move there
America’s bidding war for workers is an emerging feature of the increasingly tight labor market.
Posted inBusiness, Nation & World, Politics
Why many Americans are struggling in the middle of a strong economy
The numbers that collectively sketch a picture of a vibrant economy don’t reflect reality for a range of Americans who still feel far from financially secure even nine years into an economic expansion.
Posted inBusiness
Europe, Fed moves show global shift away from cheap money
The European Central Bank and Federal Reserve are deeming it unnecessary to support the economy with policies created in darker days of financial uncertainty.
Posted inBusiness, Nation & World
U.S. retail sales climbed in May by the most in 6 months
Consumers lead a strong economic rebound after a slow start to the year.
Posted inBusiness, Local & State
Investors put nearly $6 million into trio of Maine businesses in first quarter
It was the state’s strongest first quarter for receiving early-stage venture capital since the $20.4 million in 2015.