Trump’s Trade Policies Spark Recession Fears

White House economic adviser Larry Kudlow and trade adviser Peter Navarro dismissed concerns about a recession Sunday after markets plummeted on Wednesday but bounced back by the week’s end. Appearing on Fox News Sunday, Kudlow said “there’s no recession on the horizon” citing strong retail sales and low unemployment as evidence the U.S. economy is still…

But as liberal voters size up the two leading candidates running on those values— Bernie Sanders and Elizabeth Warren— one question is impossible to avoid: Can either one beat President Donald Trump? Even some of the most passionate liberals are not sure Sanders or Warren is up to the task, knowing that Trump will use anything he can to tear them down: age, gender,…

After talking about conservation and the need to fight “Big Ag,” the 69- year-old western Iowa farmer sat down with his family and Warren on strategically placed bales of hay to discuss her new agriculture plan as cameras recorded every moment from the other side of a weathered wooden fence. While Warren dismissed such talk as “name calling” and said she would rise…

—Aiming to put his mark on the world map, President Donald Trump has talked to aides and allies about buying Greenland for the U.S.. And a Republican congressional aide said Trump brought up the notion of buying Greenland in conversations with lawmakers enough times to make them wonder, but they have not taken his comments seriously. In 1946, the U.S. proposed to pay…

—President Donald Trump sought to reassure his supporters about the state of the U.S. economy despite the stock market volatility and told rallygoers in New Hampshire, a state that he hopes to capture in 2020, that their financial security depends on his reelection. Speaking to a boisterous crowd at Southern New Hampshire University Arena, Trump dismissed the…

Americans are slightly more likely now than in December of last year to support allowing refugees from Central America into the U.S.. Debate about the handling of refugees– as well as who qualifies as a refugee– comes as the U.S. Customs and Border Protection reports sharp spikes in the numbers of migrants coming to the U.S. border. At that time, 66% approved of the…

Cheered by rowdy workers in neon vests, Mr. Trump said the Shell Pennsylvania Petrochemicals Complex is a critical part of his push to bolster domestic energy and tame countries that have “taken advantage” of American workers. “This would have never happened without me, and us,” said Mr. Trump, though Shell announced its plans in 2016, when Barack Obama was president.

The South Bend, Ind., mayor’s “Investing in an American Asset: Unleashing the Potential of Rural America” plan includes provisions to expand broadband access, reduce teaching shortages in rural areas by 50 percent within 15 years, boost the share of adults in rural areas with a bachelor’s degree by 25 percent within 10 years, raise the federal minimum wage to $15 per…

—President Donald Trump will welcome the president of Romania to the White House later this month. The White House says that at their meeting set for Aug. 20, Trump and Klaus Iohannis will discuss security challenges and ways to advance trade and energy partnerships. The visit occurs as Romanians mark the 30th year since the fall of communism and the 15th year of…

President Donald Trump says Washington “must come together” in the wake of two mass shootings to “get strong background checks” for gun users. But he is providing no details on what sort of legislation he would support.

Seventy years ago, before Medicare existed to inspire “Medicare for All,” a Democratic president wrestled with a challenge strikingly similar to what the party’s White House hopefuls face today.

—The House’s only black Republican has become the latest GOP lawmaker to say he won’t seek reelection next year, jolting the party’s efforts to appeal to minority voters and wounding its already uphill chances of regaining House control. Hurd’s exit put the GOP ahead of its pace when 34 of its members stepped aside before the last elections— the party’s biggest…

Which of these Democrats can insure more Americans? Though only two candidates referenced health care in their opening remarks– former Housing and Urban Development Secretary Julian Castro, who also served as the mayor of San Antonio, Texas; and New York Sen. For about 24 minutes, nearly a quarter of the debate, the 10 Democrats wrestled for control of the health…

Asian stock markets followed Wall Street lower after the U.S. central bank reduced its key interest rate but left investors uncertain about future cuts. Benchmarks in Shanghai, Hong Kong, Tokyo and Australia tumbled. Federal Reserve Chairman Jerome Powell said there could be more rate cuts, but that the central bank had no plans for a long cycle of reductions.

One of the fastest-growing job categories of the past decade has been in what economists call “wealth work”: Catering to the whims, desires and appetites of the wealthy. Yet economists note that most so-called wealth jobs don’t benefit workers or the economy as much as traditional employment does.

WASHINGTON- A crowded field of Democratic presidential candidates will square off in a second round of debates Tuesday and Wednesday nights in the U.S., with 20 contenders looking for a breakout moment to make the case that they are the party’s best of hope of defeating President Donald Trump in the 2020 election. A new Quinnipiac University national poll shows…

U.S. stock indexes climbed Friday following strong profit reports from Google’s parent company, Twitter and other big companies. The S&P 500 was on track to close out its third winning week in the last four.

In a policy update, the ECB decided against changing the rates now and said they will likely stay that way for the next year. ECB President Mario Draghi said bank members agreed continued stimuli is best, but some debated which elements could be used. Economist Claus Vistesen at Pantheon Macroeconomics said the ECB’s outlook is good news and instills confidence…

Paul Ryan is getting the hate treatment– again. Anti-Trump conservatives are infuriated by his “surrender to Trumpism,” in the words of Charlie Sykes, editor-in-chief of the Bulwark. Excerpts from Tim Alberta’s riveting new book, “American Carnage: On the Front Lines of the Republican Civil War and the Rise of President Trump,” came to Trump’s attention at the end of…

The budget agreement that congressional leaders and President Donald Trump forged late Monday spared the economy from a series of deep spending cuts that were set to take effect under a far-reaching budget law enacted in 2011. The agreement nullified those cuts and boosted spending by $320 billion over two years. Still, that additional spending isn’t expected to deliver a significant jolt to the economy.

TALLAHASSEE— Already pivotal in the race for the White House, voters in Florida may also face ballot choices next year that could dramatically change the shape of future elections, the economy and even how Floridians turn on their lights at home. Florida ballots often are crowded affairs. But the measures aimed at voters in 2020 are poised as big dollar spending…

Elizabeth Warren on Thursday rolled out a plan to crack down on private equity firms as part of her broader push to take on Wall Street. “Let’s call this what it is: legalized looting— looting that makes a handful of Wall Street managers very rich while costing thousands of people their jobs, putting valuable companies out of business, and hurting communities…

Elizabeth Warren joined on Thursday joined a bipartisan group her Senate colleagues in unveiling new, comprehensive legislation to extend the National Flood Insurance Program for five years, but the legislation includes a series of sweeping reforms to address the waste, abuse and mismanagement plaguing the system that are in direct competition with a…

Jul. 17– Following her performance in the first Democratic presidential debate, California Sen. Kamala Harris has overtaken former Vice President Joe Biden, according to a Quinnipiac University survey of California Democratic voters. “Rewind it and take a hard look at the debate: Kamala Harris went from a well-known candidate in California to a national figure,”…

President Donald Trump is vowing to “take a look” at Google after a billionaire investor said the U.S. should open an investigation to determine if the company had been infiltrated by Chinese intelligence. Congress begins two days of hearings Tuesday on the currency planned by Facebook, to be called Libra, starting with the Senate Banking Committee. Meanwhile, a House Judiciary subcommittee will extend its bipartisan investigation of the market power of Facebook, Google, Amazon and Apple.

The White House Office of Management and Budget says the 2019 federal deficit is projected to surpass the $1 trillion- mark– virtually the highest it’s ever been. Apart from the four years following the Great Recession, the U.S. deficit has never surpassed the $1 trillion- mark. The Office of Management and Budget said the deficit should decrease by $414 billion…

Jul. 15– Janet Kavandi remembers exactly where she was on July 20, 1969, when Neil Armstrong and Buzz Aldrin took those first historic steps on the surface of the moon:. A 1977 graduate of Carthage High School, she pursued her bachelor’s degree from Missouri Southern State University and then her master’s degree from the Missouri University of Science and…

The national health care law known as “Obamacare” is getting an aggressive defense from Joe Biden. The Democratic presidential candidate says he’s opposing anyone, Republican or Democrat, who wants to scrap the health care law. Instead, Biden says Obamacare should be the foundation for changes, including a government insurance plan known as the public option to existing exchanges that sell private insurance. Biden is set to discuss health care on Monday at a forum in Iowa.

WASHINGTON – President Trump is withdrawing a plan to ease the financial bite of costly medications for people on Medicare by letting them receive rebates that drugmakers now pay to insurers and middlemen, the White House said Thursday.

Most Federal Reserve officials expressed concern at a meeting last month that the outlook for the U.S. economy was weakening and many said the Fed should soon cut rates if uncertainty continued to weigh on growth. Fed officials said some businesses, particularly in manufacturing, have pulled back on spending and hiring because of greater uncertainty about the outcome of U.S. trade disputes with China and other countries, according to minutes of the June 18-19 meeting.

Democratic presidential front-runner Joseph R. Biden on Tuesday released his federal tax returns from the past three years, showing a multimillion-dollar income from a book deal after leaving the White House. Mr. Biden’s income soared from $396,456 during his last year as vice president in 2016 to more than $11 million in 2017 and more than $4.5 million in…

Former Vice President Joseph R. Biden said he opposes anyone who wants to dismantle Obamacare, saying that starting over on the issue of health care would be a “sin.” “It cannot, and that’s why I’m opposed to any Republican who wants to dismantle it or any Democrat who wants to dismantle it,” Mr. Biden said in an interview that aired Monday evening on CNN. “

Jul. 9– U.S. Labor Secretary and former South Florida U.S. Attorney Alexander Acosta is facing new calls for his ouster after prosecutors in New York indicted politically connected financier Jeffrey Epstein on charges he operated a sex trafficking ring of underage girls in Manhattan and Palm Beach in the mid 2000 s– allegations similar to those Acosta declined…

Despite the public scrutiny of surveys and pollsters following President Donald Trump’s victory and the recommendations for altering approaches to polling that emerged in the election’s wake, national reports show that most haven’t changed their operations or aren’t planning to this time around. Trump’s support was under-estimated in the Upper…

“Martin Luther King said that you have people that shake the trees and you have people that pick up the apples and make applesauce,” Mr. Sharpton told The Washington Times. Mr. Booker, he said, is “an applesauce guy. Even as other candidates compete for the combative fringe, Mr. Booker hasn’t wavered from the tone he set early on when, at his campaign launch, he told…

The U.S. economy added 224,000 positions last month, far surpassing the 162,000 projected. Gus Faucher, chief economist at PNC Financial Services, told The Washington Post, “Recession concerns are overblown. There’s no indication the labor market is in trouble or the broader U.S. economy. “

The United States added 224,000 jobs during the month of June, beating analysts’ expectations by about 60,000, the Labor Department said in its monthly workforce report Friday. “Today’s jobs report shows the U.S. economy continues to create jobs at a strong pace even as we enter the longest period of economic expansion on record,” Citizens Bank analyst Tony…

The longest economic expansion in U.S. history is showing signs of cooling, and while the economy is still good, some polls show a challenge for President Trump’s reelection. The superlative-loving president tweeted Wednesday that the U.S. has “the greatest economy anywhere in the world.” The president points to the lowest unemployment rate in more than a…

President Donald Trump says on Twitter he will nominate economists Christopher Waller and Judy Shelton to fill two vacancies on the Federal Reserve Board of Governors. Waller is currently the executive vice president and director of research at the Federal Reserve Bank of St. Louis, where he has worked since June 2009. Shelton is the U.S. executive director for the European Bank of Reconstruction and Development.