President Donald Trump is meeting with President Sebastian Pinera of Chile at the White House for talks on the economy and restoring democracy in Venezuela. Trump was welcoming Pinera to the Oval Office on Friday for the conservative leader’s first visit since he returned to Chile’s presidency last spring.
Washington Wire
President Donald Trump has signed an $854 billion spending bill to keep the federal government open through Dec. 7, averting a government shutdown in the weeks leading up to the November mid-term elections. That’s according to a White House official speaking on condition of anonymity.
Judge Brett Kavanaugh was defiant and visibly angry as he testified before the Senate Judiciary Committee on Thursday afternoon, rebutting earlier emotional testimony from the woman who has accused him of sexual assault, Christine Blasey Ford. Kavanaugh’s decision to cast the accusations against him as a political gambit sounded downright Trumpian, and…
WASHINGTON- The U.S. economy grew at a robust annual rate of 4.2 percent in the second quarter, the best performance in nearly four years, though economists believe growth has slowed in the current quarter partly because of a drag from trade. However, a big part of that growth reflected a temporary rush to ship soybeans and other U.S. exports out before penalty…
WASHINGTON, D.C., (September 27, 2018)—”The Family Savings Act (H.R. 6757) passed by the U.S. House of Representatives is an important…
Fed Raises Rates For 3rd Time This Year
The Federal Reserve has modestly raised a key interest rate for the third time this year in response to a strong U.S. economy and signaled that it foresees another rate hike before the year ends.
President Donald Trump says his wife, Melania, will visit four African nations in October. But he’s leaving it to the first lady to name the countries she plans to visit on her first solo international mission. She plans to discuss the trip at a reception she’s hosting on the sidelines of an annual U.N. gathering in New York.
We’ve known for some time that these contests were important; at stake is not only control of the two chambers on Capitol Hill but also the character and trajectory of the final two years of Donald Trump’s presidential term. These elections increasingly are taking on a national profile, because the question of party control in the Senate and the House suddenly…
US Stands To Lose Most In Trade War With China, Study Says
An escalating trade war between the United States and China and other countries could end up hurting the U.S. economy the most, new research from the European Central Bank said.
President Donald Trump returns to the pinnacle of global diplomacy when he addresses the U.N. General Assembly. Ahead of his speech Tuesday morning, White House aides cast Trump’s New York visit as an opportunity to assert American sovereignty before the multinational body. He is expected to be unapologetic about his decisions to engage with the erstwhile pariah North Korea, remove the U.S. from the Iran nuclear accord, and object to U.N. aid programs he believes are contrary to U.S. interests.
Dow Hits Another All-Time High
Wall Street capped a milestone-setting week Friday with a mixed finish for the major U.S. stock indexes and the second all-time high in two days for the Dow Jones Industrial Average. An afternoon sell-off erased modest gains for the S&P 500.
Democrats In Key House Races Push Against Tax Deduction Cap
Congressman Leonard Lance voted last December with the interests of his northern New Jersey district in mind when he opposed his own party’ s sweeping tax overhaul. In their quest to regain control of the U.S. House, Democrats are focused on the law’s potential to hurt people.
From predicting that the Affordable Care Act would “implode” and “explode,” President Donald Trump is now claiming credit for modest average premium increases expected next year. In remarks this week, Trump appeared to cite a recent analysis by Avalere Health and The Associated Press in asserting that premium costs are now “far lower” than they would have been…
Trump’s Rising Economy Has Uneven Effects Across The U.S.
Regardless of one’s political affiliation, most people are getting tired of the continuing chaos coming out of the White House. This is not what the American voters wanted, but it is what they voted for, and to some, the results are not surprising. The second group are those who are true Republicans, who couldn’t bring themselves to vote for most any Democrat, and…
US stocks are little changed as investors balance a strong gain in monthly industrial production with a report showing a weaker-than-expected gain in retail sales. Banks are rising as interest rates turn higher. Canadian marijuana company Tilray is falling after Politico reported that U.S. officials may not allow workers and investors in Canada’s marijuana industry to enter the US.
House Panel Backs Bill To Make Trump Tax Cuts Permanent
A Republican-led panel in the U.S. House of Representatives voted Thursday to make the individual tax cuts from President Donald Trump’s 2017 tax overhaul permanent, a move seen by some as a bid to help GOP candidates in the Nov. 6 congressional elections.
US Household Incomes Grew In 2017, Yet Inequality Worsens
U.S. middle-class household incomes rose for the third straight year in 2017, as more Americans are working and the number of people with full-time jobs increased. The Census Bureau says incomes for a typical household increased 1.8 percent to $61,372 last year, from $60,309 in 2016.
Asian shares are mostly lower after U.S. President Donald Trump said he was considering tariffs on an additional $267 billion in Chinese goods, ratcheting up tensions between the world’s two biggest economies. It overshadowed a strong U.S. jobs report that kept the Fed on track to raise interest rates. The Kospi in South Korea gained 0.1 percent on Monday while Hong Kong’s Hang Seng index tumbled 0.9 percent.
