Economy

Lawmakers rip tariffs enacted in name of national security

Jun 21, 2018

Lawmakers from both parties are criticizing tariffs the Trump administration has imposed on imported steel and aluminum products in the name of national security

Asian stocks mostly up despite underlying US-China tension

Jun 21, 2018

Asian shares are mostly up due to fading concerns of a possible trade war since a US tariff threat against China so far hasn't materialized

Markets Right Now: Stocks end mostly higher, though Dow dips

Jun 20, 2018

Stocks are ending mostly higher Wednesday, although the Dow Jones industrials are posting a seventh straight loss

Senate blocks Trump plan to cut $15B in unused spending

Jun 20, 2018

The Senate has blocked a White House plan to cut almost $15 billion in unused government money slated for children's health insurance and other programs

Tariff troubles: Volvo opens 1st US plant in changed economy

Jun 20, 2018

Volvo Cars executives say they would like to see officials end all vehicle tariffs between the U.S. and Europe and China

Central bank chiefs of 4 major nations raise trade concerns

Jun 20, 2018

Central bank chiefs from Europe, US and Japan raise worries about impact of trade conflicts

Fed chair signals gradual rate hikes in tame inflation era

Jun 20, 2018

US Fed chairman Powell signals interest rate hikes will remain gradual in an era of tame inflation

US home sales fell 0.4 percent in May amid inventory crunch

Jun 20, 2018

US home sales slipped 0.4 percent in May, as prolonged shortage of properties on the market deters home-buying

The Latest: Merkel says refugees 'central global question'

Jun 20, 2018

German Chancellor Angela Merkel says that the number of refugees worldwide is "simply unthinkable" and that people fleeing is "a central global question of our time"

Global stocks rise, unfazed by US-China tensions

Jun 20, 2018

Stock markets are brushing off US-China trade tensions as investors focus on underlying strength of global economy

Weather, 20 December
Houston Weather
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Wind: NNE - 7 KPH

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