AJ Impact

Bloated budget: Will 'fiscal pickle' stimulate US economy?

United in deeming Phillips curve 'dead', both Trump's adviser and AOC want to run big deficits to prolong the expansion.

Bloated budget: Will 'fiscal pickle' stimulate US economy?

AJ Impact

US Fed cuts interest rates as expected, leaves door open for more

United States central bank reduces borrowing costs slightly, in face of global economic slowdown.

US Fed cuts interest rates as expected, leaves door open for more

AJ Impact

Global markets on edge as US-China trade talks resume in Shanghai

President Donald Trump lashed out against China, saying tougher trade terms are a possibility should he be reelected.

Global markets on edge as US-China trade talks resume in Shanghai

AJ Impact

Why is the Federal Reserve likely cutting interest rates?

US central bank is widely expected to reduce its benchmark federal funds rate at Wednesday's pivotal meeting.

Why is the Federal Reserve likely cutting interest rates?

AJ Impact

The US economy is doing better than expected

Consumer spending helped the world's biggest economy grow more than experts had projected for the second quarter.

The US economy is doing better than expected

AJ Impact

US markets end the week at record highs on hint of rate cut

US Central bank chairman Jerome Powell's testimony signaled interest-rate could soon be cut.

US markets end the week at record highs on hint of rate cut

AJ Impact

US Fed chief says trade and global growth remain big risk factors

Jerome Powell tells Congress two major issues are weighing on American economy, with interest rate cut expected soon.

US Fed chief says trade and global growth remain big risk factors

AJ Impact

A single word sent US financial markets soaring

Oil, gold, stocks and bonds had their best rally since 2011 after US Federal Reserve chair hinted at possible rate cuts.

A single word sent US financial markets soaring

AJ Impact

Oil prices are up, and could go even higher

Geopolitical tensions with Iran and a potential interest rate cut by the US Federal Reserve sent US markets higher.

Oil prices are up, and could go even higher

AJ Impact

US Fed holds interest rates steady, but signals cuts could come

US central bank drops 'patient' approach, implying that uncertainty may lead to lower borrowing costs in 2019.

US Fed holds interest rates steady, but signals cuts could come

AJ Impact

White House sought to remove Federal Reserve chair Jerome Powell

Trump's team weighed the legal implications of removing the head of the US central bank.

White House sought to remove Federal Reserve chair Jerome Powell

AJ Impact

US job creation slowed sharply in May. What will the Fed do?

The US economy added only 75,000 jobs in May, raising expectations that the Fed will cut interest rates this year.

US job creation slowed sharply in May. What will the Fed do?

AJ Impact

Federal Reserve conference: Many still without jobs in US

Economists, community leaders refute conventional wisdom that historically low unemployment rate means everyone has job.

 Federal Reserve conference: Many still without jobs in US

AJ Impact

Slower growth, rising risks are weakening the global economy

World Bank says softer business confidence and trade is challenging the global economy in both the near and long-term.

Slower growth, rising risks are weakening the global economy

AJ Impact

Signs of a global recession? Factory activity is slowing down

Analysts say the trade war is morphing into a tech and broad-based business war that could lead to a global recession.

Signs of a global recession? Factory activity is slowing down