economy

FILE - In this June 19, 2019, file photo a cargo ship is docked at the Port of Los Angeles. On Nov. 27, the Commerce Department issues the second estimate of how the U.S. economy performed in the July-September quarter. (AP Photo/Marcio Jose Sanchez, File
(AP Photo/Marcio Jose Sanchez, File)
AP News
November 27, 2019 - 1:13 pm
By MARTIN CRUTSINGER, AP Economics Writer WASHINGTON (AP) — A series of government reports Wednesday cast a picture of a steadily growing U.S. economy, fueled by solid consumer spending and defying threats — at least for now — from a U.S.-China trade war and a global slowdown. The Commerce...
Read More
Getty Images
Jeff Katz
November 06, 2019 - 2:49 pm
It is truly incredible how petty Democrats have become with President Trump. Party leadership and presidential candidates paint a picture of an America that is struggling and a middle class that is suffering while the infamous "top 1%" stay fat and rich. But nothing could be further from the truth...
Read More
(AP Photo/Richard Drew)
AP News
November 04, 2019 - 2:30 pm
By DAMIAN J. TROISE AP Business Writer NEW YORK (AP) — U.S. stocks moved broadly higher Monday as investors extended a rally that puts the major indexes on track for another record-setting day. The Dow Jones Industrial Average was on pace to beat its record high close set in July. The S&P 500...
Read More
Getty Images
AP News
November 01, 2019 - 1:51 pm
WYTHEVILLE, Va. (AP) — Virginia is getting its first industrial hemp fiber processing facility. Gov. Ralph Northam announced Thursday that Appalachian Biomass Processing plans to spend nearly $900,000 and create 13 jobs on the project in Wythe County. Once grown by George Washington and Thomas...
Read More
(AP Photo/Lynne Sladky)
AP News
November 01, 2019 - 11:55 am
By JOSH BOAK and BANI SAPRA, AP Economics Writers WASHINGTON (AP) — U.S. employers added a solid 128,000 jobs in October, a figure that was held down by a now-settled strike against General Motors that caused tens of thousands of workers to be temporarily counted as unemployed. The unemployment...
Read More
(AP Photo/John Minchillo, File)
AP News
October 30, 2019 - 10:02 am
By JOSH BOAK and JOHN SEEWER Associated Press TOLEDO, Ohio (AP) — President Donald Trump once promised that coal and steel would be the beating heart of a revived U.S. economy — a nostalgic vision that helped carry him to victory three years ago in the industrial Midwest. But a year away from...
Read More
Getty Images
Jeff Katz
October 24, 2019 - 1:09 pm
In a pleasantly surprising turn of events, jobless claims have fallen to 212,000, according to the U.S. Department of Labor. Experts had been predicting last week that the numbers would rise, but claims for unemployment benefits dropped by about 6,000 despite slowing economic growth worldwide. READ...
Read More
Getty Images
Jeff Katz
October 21, 2019 - 11:58 am
A recent study has found that Latino-owned businesses are seeing significant growth in Donald Trump's economy. The study, conducted by Biz2Credit, shows Latino businesses are experiencing a 46 percent increase in revenue this year, which will continue to help the economy thrive. Biz2Credit CEO...
Read More
(AP Photo/LM Otero)
AP News
October 04, 2019 - 9:34 am
By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — U.S. employers added a modest 136,000 jobs in September, enough to help lower the unemployment rate to a new five-decade low of 3.5%. The figures show that hiring has slowed this year as the U.S.-China trade war has intensified, global...
Read More
(AP Photo/Alessandra Tarantino)
AP News
October 03, 2019 - 5:22 pm
By CARLO PIOVANO and LORNE COOK Associated Press BRUSSELS (AP) — The trade wars threatening to push the global economy into recession are entering a new phase, with the United States and European Union escalating a dispute that endangers the world’s biggest trade relationship. After the Trump...
Read More

Pages