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Federal Reserve monetary policymakers on Wednesday nudged up their key interest rate again and sharply increased their forecast for the economy's performance in 2018 as... [Read More]
The pass-through provisions may be the most complicated and fraught with uncertainties in terms of how they will play out and the potential cost to... [Read More]
Another month of strong job growth showed that the U.S. economy is lifting more workers left out of the recovery and heading into next year... [Read More]
Employers in the U.S. added 228,000 jobs last month and the nation's unemployment rate held steady at a 17-year low of 4.1 percent. [Read More]
WASHINGTON — By slashing the corporate tax rate, the Republican tax proposal could very well curtail the widely derided practice of companies moving headquarters to foreign... [Read More]
The Republican proposal also would fundamentally change the U.S. tax scheme to a so-called territorial system, in which foreign earnings would be exempt from U.S.... [Read More]
President Trump's choice for chair of the Federal Reserve, Jerome H. Powell, will face an immediate test as stronger economic growth exerts greater pressure on... [Read More]
The U.S. president could still change his mind before Thursday's formal announcement but is leaning toward picking Jerome Powell to replace Janet Yellen. [Read More]
After seven consecutive days of talks fraught with emotion, officials representing the U.S., Canada and Mexico were at seeming loggerheads over several American proposals that... [Read More]
The targets are Samsung and LG, two giant South Korean conglomerates that have taken aim at the U.S. appliance market. Whirlpool lawyers want Trump to... [Read More]
A University of Chicago professor whose research integrating psychology into economics has had broad influence on public policy has been awarded the Nobel Memorial Prize... [Read More]
In a speech Tuesday marked by large doses of both statistics and humility, Federal Reserve Chair Janet Yellen said that the economic outlook ... [Read More]
After a long period of plodding economic growth, significant earnings gains over the last two years have finally enabled the average American household to surpass... [Read More]
The nation's resilient labor market showed signs of slowing last month as hiring eased, the unemployment rate ticked up and wage growth remained subdued, the... [Read More]
As the United States, Canada and Mexico head for a second round of talks this weekend to renegotiate the North American Free Trade Agreement, President... [Read More]
After the opening round of talks to revamp the North American Free Trade Agreement, at least this much is known: the U.S. is pressing ahead... [Read More]
WASHINGTON —— One of Donald Trump's lawyers said Sunday that a Twitter post in which the president wrote of "being investigated" did not confirm that... [Read More]
In proposing to slash business taxes and enact a tax reform of historical proportions, Trump administration officials say they will rely largely on economic growth... [Read More]
WASHINGTON — Far from the sweeping trade overhaul that Donald Trump promised on the campaign trail, his administration is considering a surprisingly... [Read More]
President Donald Trump's nominee to be the top U.S. trade negotiator, getting a hearing before the Senate after a long delay, passionately defended Trump against... [Read More]