China has made good on its threats to retaliate in the escalating trade war with the United States, imposing tariffs on ...

Prior to the tariffs, the US had a massive trade deficit with Japan. In 1986, the deficit was about $55bn. The deficit ...

Looked at one way, Pennsylvania’s ship of state is doing OK financially. Because of generationally-high cash reserves, it’s ...

United States stocks are at their lowest level since President Donald Trump was sworn in two weeks ago, and other global ...

The dollar index (DXY00) today is up by +0.90% and posted a 3-week high. The dollar jumped today after President Trump ...

One of Warren Buffett’s most famous quotes is: “Only when the tide goes out do you learn who has been swimming naked.” Well, ...

Former St. Louis Federal President James Bullard said that inflation will slow markedly this year, allowing the central bank ...

The European Union and other global players were also closely monitoring the situation, especially as Trump’s policies raised ...

Aggregate US debt is $101.353T, or 3.45x GDP, indicating a historically high leverage that risks recession. Read why ...

Writer Nat Dyer on how David Ricardo's abstract models pushed economics into fantasy — and we all paid the price ...

Two Federal Reserve officials seen as representing contrasting sides of the policy spectrum said on Friday they'll be ...

As universally expected, the Federal Open Market Committee (FOMC) left its target range for the federal funds rate unchanged at 4.25%-4.50% on Wednesday. With inflation remaining stubbornly above ...