User: newstrust Topic: US Economy
Category: Recession
Last updated: Oct 10 2019 19:29 IST RSS 2.0
 
1 to 20 of 49,201    
Trump hilariously ridiculed for blubbering ‘impeached for what’ in midnight tweet: ‘It’s for the crimes’ 10.10.2019 Raw Story
President Donald Trump was up late worrying about his impeachment, and other social media users mocked his self-pitying concerns. The president, just minutes before midnight in Washington, D.C., retweeted his own misleading claims about public support for impeachment, along with a new insistence that he’s done nothing wrong. Impeached for what, having created the greatest […]
Here are 4 signs Trump’s economy is slowing down — and recession risks are rising 9.10.2019 Raw Story
President Donald Trump has been counting on a strong economy to carry him across the finish line in 2020, but there are fresh signs the economy is significantly slowing down — and risks of a recession are rising. In the last week alone, four significant indicators have flashed fresh warning signs about the state of […]
Also found in: [+]
Federal Budget Deficit Ends Fiscal Year Just Shy Of $1 Trillion 9.10.2019 Outside the Beltway
Don't worry folks, we'll make it past that mark quite easily over the course of the new Fiscal Year.
Also found in: [+]
Telemundo Reports, Univision Omit Record Hispanic Employment Numbers 7.10.2019 NewsBusters
The nation’s leading Spanish-language network newscasts offered differing versions of the latest jobs report: one positive, the other negative. One network covers the jobs report fairly and objectively. The other, blinded by its anti-Trump animus, tells only half the story and finds a way to spin the report ...
Also found in: [+]
US economists more pessimistic, citing trade as major risk: survey 7.10.2019 Raw Story
Economists have become more concerned about US growth prospects, citing trade friction as the major worry, but recession risks have receded slightly, according to a survey released Monday. Nearly half of the panel surveyed by the National Association for Business Economics expect a recession before the end of next year, down from 60 percent in […]
Also found in: [+]
Why Not India? 4.10.2019 The Moderate Voice

If our current trade war with China continues and escalates, we could be getting an economic divorce from China. Many pundits think that this divorce will plunge the world into a deep economic recession, but there are reasons to think that in the long run it could better for us. When Nixon and Kissinger ‘opened’ […]

The post Why Not India? appeared first on The Moderate Voice.

Also found in: [+]
Disappointing Jobs Growth For September 4.10.2019 Outside the Beltway
A somewhat disappointing jobs report for September.
Also found in: [+]
Signs Of Economic Slowdown Tied To Trump’s Trade Policies 3.10.2019 Outside the Beltway
From manufacturing to trade, the negative impact of Trump's tariffs is becoming quite apparent.
Also found in: [+]
WTO: Trump gets free hand for trade conflict with Europe 3.10.2019 The Moderate Voice

A wider massive trade conflict looms beyond the unrelenting one with China because an arbitration panel gave President Donald Trump unfettered approval to punish Europeans for subsidies and other aids given for exports of Airbus airliners. An arbitration panel of World Trade Organization (WTO) authorized Trump to impose punitive duties of up to 100% on […]

The post WTO: Trump gets free hand for trade conflict with Europe appeared first on The Moderate Voice.

Also found in: [+]
A fifth of the economy is now in recession — including much of Trump country: Moody’s economist 2.10.2019 Raw Story
On Wednesday, Moody’s Analytics chief economist Mark Zandi suggested that three key U.S. industries amounting to about one-fifth of the nation’s economy are now in contraction — spelling trouble for jobs around the country: Moody’s Analytics’ Mark Zandi says one-fifth of economy – manufacturing, farming, and shipping – is essentially in recession. #economy — Chris […]
Also found in: [+]
AP fact check: Trump mistruths on Ukraine, impeachment fight 30.9.2019 Minnesota Public Radio: Politics
A whistle blew, an impeachment inquiry swung into motion and the president at the center of it all rose defiantly to his own defense, not always in command of the facts.
Also found in: [+]
As climate crisis threatens to put more homes ‘literally underwater,’ study warns big banks offloading risky mortgages onto taxpayers 28.9.2019 Raw Story
“This is insane,” commented one climate campaigner. New research first reported on Friday by The New York Times suggests banks are shifting mortgages made riskier by the climate emergency over to financial institutions backed by U.S. taxpayers—findings that “echo the subprime lending crisis of 2008, when unexpected drops in home values cascaded through the economy and triggered recession.” Readers […]
Also found in: [+]
China’s foreign minister warns of Donald Trump causing a global recession 28.9.2019 Raw Story
China’s foreign minister warned Friday that protectionism could trigger a world recession as he vowed to stand firm in a trade row with the United States. “The lessons of the Great Depression should not be forgotten,” Wang Yi told the United Nations General Assembly in New York. “Tariffs and provocation of trade disputes, which upset […]
Also found in: [+]
Bloomberg on Recession Fears: 'U.S. Indicators Are Trouncing Forecasts' 23.9.2019 NewsBusters
Remember all the (hopeful) recession talk recently by many in the mainstream media who found it hard to hide their desire for bad economic times to harm President Donald Trump's 2020 re-election? Some, such as Bill Maher didn't even try to hide their hope for a recession. In fact Maher was publicly hoping for such a recession to stop Trump. Well, sad news for them but very happy news for most others. Bloomberg News on September 20 reported that such dire economic hype is not born out by the economic data in "Hold That Recession: U.S. Indicators Are ...
Also found in: [+]
Wall Street is ignoring the omens of recession — here’s why 22.9.2019 Raw Story
The Federal Reserve seems a lot more concerned about the state of the economy than it’s been letting on. The Fed lowered its target interest rate by a quarter point on Sept. 18, the second such cut since July – and the first reductions since the Great Recession more than 10 years ago. Judging by […]
Also found in: [+]
California job growth was healthy in August, but the labor force is shrinking 21.9.2019 LA Times: Business

California's labor force is shrinking, but the state continues to add jobs. Unemployment remains low at 4.1%

Also found in: [+]
Opinion: President Trump's China policy is working, but you'd never know that from media reports 20.9.2019 LA Times: Opinion

Trump's tariffs have put billions of dollars in U.S. coffers and much-needed pressure on China.

Also found in: [+]
Fed’s rate cut signals a recession may be ahead – and it may not have enough ammunition to fight it 19.9.2019 Raw Story
The Federal Reserve seems a lot more concerned about the state of the economy than it’s been letting on. The Fed lowered its target interest rate by a quarter point on Sept. 18, the second such cut since July – and the first reductions since the Great Recession more than 10 years ago. Judging by […]
Also found in: [+]
Fed cuts interest rates to prop up the slowing economy 18.9.2019 Minnesota Public Radio: Law & Justice
The quarter-percentage-point cut will lower borrowing costs for households and businesses. That could give a lift to the stock market but may not help the economy much amid the trade war.
Also found in: [+]
Wall Street is ignoring the omens of recession – here’s why 18.9.2019 Raw Story
The world is on the brink of a recession, if all the breathless headlines are to be believed. So why are U.S. stocks near all-time highs? That’s a question my MBA students have been asking me lately. Even the Federal Reserve is concerned – at least worried enough to reduce U.S. borrowing costs for the […]
1 to 20 of 49,201