188 articles in the Economy & Business category.
By Tommy Flynn
President Donald Trump told reporters Wednesday that a European Commission proposal to make Canada the European Union’s first “associate member” could be treated as a “hostile act” against the United States. “I think it’s laughable,” Trump said when asked about the plan after a...
By Tommy Flynn
The Federal Open Market Committee voted 12–0 on Wednesday to raise the federal funds target by a quarter percentage point, to a range of 3.75 percent to 4 percent, the first increase since July 2023 and the first rate move in either direction since a cut in December 2025. The...
By Tommy Flynn
September 15, 2026 EPA Administrator Lee Zeldin announced Monday in Houston that the agency has finalized repeal of most of the Biden administration’s 2024 Carbon Pollution Standards for fossil-fuel power plants, a move the agency projects will save $310 billion. Zeldin made the...
By Tommy Flynn
House Speaker Mike Johnson spent Sunday explaining a midterm promise the president made last week without clearing it through the people who write spending bills. At the Republican midterm convention in Dallas, President Donald Trump told the hall he would “issue a dividend to...
By Tommy Flynn
President Donald Trump used a stop at the Irish Open on Sunday to put a public marker on Ukraine’s campaign against Russian refineries. “Mr. Zelenskyy has to do one thing: He has to stop knocking out diesel fuel in Russia,” Trump told reporters at Trump International Golf Links...
By Tommy Flynn
Saudi Arabia shut its East-West oil pipeline after drone strikes that Riyadh and Baghdad both say were launched from Iraqi territory, and President Donald Trump said Saturday that Iran was “probably” responsible. The line runs about 1,200 kilometers from the Eastern Province to...
By Tommy Flynn
President Donald Trump is scheduled to appear at a Steel Across America event on the Ellipse at 10:35 a.m. ET Tuesday, according to White House daily guidance released Monday night. Pre-credentialed media are listed for the outdoor remarks south of the White House. The same...
By Tommy Flynn
Ottawa’s retaliatory duties took effect at 12:01 a.m. Tuesday on U.S. products covering $27.6 billion in annual imports, matching what Canada’s Finance Department said was the value of Canadian goods hit by President Donald Trump’s 50 percent Section 338 tariffs on Aug. 22....
By Tommy Flynn
The Labor Department reported Friday that U.S. employers added 162,000 jobs in August, far above the 53,000 to 56,000 range that Wall Street surveys had expected. The unemployment rate was unchanged at 4.1 percent. The Bureau of Labor Statistics said the August gain was the...
By Tommy Flynn
U.S. Trade Representative Jamieson Greer said Tuesday there are “no negotiations happening on trade right now” with Canada and that the standoff is “more their emergency than ours.” He told Politico it is “not clear Canada wants a deal.” The comments came more than a week after...
By Tommy Flynn
U.S. Treasury Secretary Scott Bessent told Russian Finance Minister Anton Siluanov on Monday that no sanctions relief and no new economic agreements are possible until the war in Ukraine ends, a source familiar with their bilateral meeting said. The encounter took place on the...
By Tommy Flynn
Treasury Secretary Scott Bessent said Sunday that the United States will roll out new secondary sanctions against Iran on a weekly basis, starting with banks, and told the Associated Press the campaign will amount to “financial violence if we have to.” The comments came in...