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1-10 results from 1000 for query «economics»

June 15, 2018 8:52 AM US tariffs; Euro tumbles; Upbeat Rolls-Royce

1. US tariffs confirmed: President Donald Trump has given his approval for the United States to put tariffs on $50 billion of Chinese exports, according to a source with knowledge of the situation. An official announcement including a final list of impacted products is expected on Friday. "If the United States takes unilateral protectionist measures 20

June 14, 2018 5:08 PM Americans are spending like mad again

Americans are spending. A lot. And not just on Amazon. Retail sales rose 0.8% in May, the government reported Thursday — much better than expected. Spending was up 5.9% from a year ago. And the gains were broad: Spending surged at clothing stores, at restaurants and at home-improvement stores such as Home Depot (HD) and Lowe's (LOW). In fact, the jump in spending 41

June 8, 2018 8:07 AM China's trade surplus with US grew, while global gap shrank

China's trade surplus with US grew, while global gap shrank China's political sensitive trade surplus with the United States widened in May from a year earlier, while its total global surplus shrank as imports accelerated. Imports rose 26 percent from a year ago to $187.9 billion, up from April's 21.5 percent growth, customs data showed Friday. Exports 21

May 26, 2018 3:19 PM Ex-teacher gets 2 years for sending nude photo to student

RICHMOND, Va. – A former Virginia high school teacher has been sentenced to two years in prison for sending a naked photo of himself to one of his students. The Richmond Times-Dispatch reports that the punishment given to Benjamin Brittain was well above advisory sentencing guidelines ranging from one day to three months behind bars. Prosecutors said Brittain 29

May 16, 2018 2:11 AM Japan's big growth streak just came to an end

The world's third-largest economy is shrinking again. Japan's gross domestic product contracted at an annualized rate of 0.6% in the first quarter of 2018, according to government data published Wednesday. That snaps a run of eight quarters of consecutive growth, the longest Japan has achieved since the boom days of the late 1980s. The limp first-quarter 38

April 21, 2018 3:26 PM A look at Indiana candidates vying for US House seats

A look at Indiana candidates vying for US House seats Here is biographical information for some U.S. House candidates in key races in Indiana's primary election on May 8. Our journalism takes a lot of time, effort, and hard work to produce. If you read and enjoy our journalism, please consider subscribing today. Occupation: Attorney; owner, Hackett and Associates 49

April 17, 2018 10:33 PM ‘Advice and Dissent’ Review: What They Don’t Teach in Econ 101

Economists don’t drive Washington policy. Politicians use economics the way a drunk uses a lamppost—for support, not for illumination. Matthew Rees reviews “Advice and Dissent” by Alan S. Blinder. Harry Truman captured the gulf between politicians and their economic advisers when, as president, he quipped that he needed a one-handed economist. Such a person 28

April 17, 2018 7:12 PM Former Obama economist Austan Goolsbee joins Quest on 'Markets Now'

Now a professor of economics at the University of Chicago's Booth School of Business, Goolsbee was the youngest member of the Obama cabinet. He also serves on the Economic Advisory Panel to the Federal Reserve Bank of New York. Goolsbee and Quest will discuss timely topics, including tariffs, the possibility of a trade war, President Donald Trump's impact 498

April 17, 2018 4:11 AM China's economy hit the ground running in 2018

China's economy made a strong start to 2018, shrugging off escalating trade tensions with the United States. The world's second largest economy grew 6.8% in the first quarter of the year from the same period a year earlier, according to government data published Tuesday. Fears of a trade war between the United States and China have risen sharply since 29

April 3, 2018 2:57 PM Drew Brees Sues Over $8 Million Ring, Jeweler Fires Back

Drew Brees claims he was scammed out of MILLIONS by a jeweler who sold him an $8 MILLION diamond ring ... but the jeweler is saying Brees has no one to blame but himself. The New Orleans Saints QB has filed a lawsuit against Vahid Moradi -- who runs the CJ Charles jewelry shop in San Diego, the city where Brees began his NFL career. Brees claims he's been buying 35