Economy

Federal Reserve Board Chairman Jerome Powell testifies during a Senate banking committee hearing in Washington, D.C., on March 1. This week, Powell presided over a Fed policy meeting for the first time since becoming chairman.

Fed Raises Interest Rates Again As New Chairman Steps Into Spotlight

5:03pm March 21, 2018

by John Ydstie

The central bank raised its key interest rate for the first time under Jerome Powell, announcing a quarter-percentage-point hike. Economists wonder if faster growth will mean more aggressive hikes.

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Economy

Trump vs. Trudeau: Both Right, Both Wrong

3:55pm March 21, 2018

Trump says we have a trade deficit with Canada. He's right... and he's also wrong.

WH Threatening To Veto Spending Bill If It Includes Money For Northeast Rail Tunnel

5:31pm March 20, 2018

by Joel Rose

If the century-old rail tunnel into New York City fails, the economic pain will be felt up and down the East Coast. That's why a multi-billion-dollar plan to replace it has been called the most important infrastructure project in the country.

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Economy

A Brief History of Tariffs

4:16pm March 20, 2018

The debate over tariffs is nothing new. In fact, it's as old as the country itself. A look at how the debate began.

Economy

The Reinvention Of The IPO

4:23pm March 19, 2018

Having disrupted the music business, Spotify is trying the same trick with the stock market.

Celina Raddatz and her mother, Guadalupe Pena Villegas, at home in California.

More Than A Job: Home Care For A Mom With Alzheimer's Disease

8:39am March 19, 2018

by Franziska Monahan

Celina Raddatz worked in eldercare for about 30 years, until her mother was diagnosed with Alzheimer's and she quit her job to take care of her. Now Raddatz works as a paid caregiver for her mother.

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Steel Tariffs Could Crunch Foreign Carmakers In The U.S. South

6:00pm March 17, 2018

Mercedes Benz USA showed off its new headquarters in Atlanta — all in the midst of a possible trade war that could affect the car industry in the South, which has become a truly global car market.

A worker loads building material on a cart outside a construction site at the Central Business District in Beijing. China's top economic planner expressed confidence this month that stronger consumer spending will help the economy grow.

Some Economists See A Plus Side In Eliminating Term Limits For China's Xi Jinping

8:07am March 17, 2018

by Rob Schmitz

While this month's constitutional reform stirred political controversy, some economists say it could have a positive flip side for the global economy.

Orange juice is among the U.S. products that may be subject to retaliatory tariffs by the European Union.

In Tariff War, Europe Could Target U.S. Orange Juice, Cranberries, Crocheted Garments

5:26pm March 16, 2018

by Avie Schneider

The European Union has published an exhaustive 10-page list of hundreds of U.S. products that could be subject to European tariffs.

Economy

The Bear Necessities

4:03pm March 16, 2018

by Stacey Vanek Smith

The man who wrote the book on the collapse of Bear Stearns talks about what happened a decade ago and where we are today.