October wasn't a great month for American jobs. But a large General Motors strike has ended, and the US labor market is expected to have found its footing again.
Former US Treasury Secretary Larry Summers says President Donald Trump's love affair with tariffs is backfiring. And he's not surprised at all.
President Donald Trump has escalated trade tensions across the globe by imposing tariffs on foreign steel, threatening tariffs on allies like the European Union and engaging in a tit-for-tat trade war with China that has hurt American farmers.
The American manufacturing sector keeps shrinking. The trade war is heating up again. That's not a good recipe for investor confidence: The US stock market is in the red on Monday
Global manufacturing has been a drag on the world economy all year. A recovery could be around the corner, but only if conditions are right.
American factory activity slowed for the third month in a row in October.
Recession fears are on the rise in the United States. Memories of the last downturn are exacerbating these worries: The last time America faced a recession was in 2008, as the financial crisis was unfolding. Millions of people lost their jobs, GDP growth plummeted and businesses shut down.
The Dow and the broader stock market rallied Friday, ending what has been a volatile week.
The Dow and the broader stock market had another volatile day Thursday, as traders came to grips with another damaging economic report and rising odds of a Federal Reserve interest cut this month.
On Friday, at the end of a week that has brought several worrisome signs about the American and global economies, the US government will release its always closely watched report on jobs.
America's manufacturing industry is in contraction. Business spending is soft. And now the biggest chunk of the economy, the US service sector, is growing at its weakest pace in three years.
The Dow and the broader stock market went deep into the red on Wednesday, as worries about the economy continued to rattle investors.
In the surest sign yet that the trade war is hurting the American economy, manufacturing activity contracted for the second month in a row in September, falling to a level not seen in 10 years.
The Dow fell nearly 350 points Tuesday, as stocks finished sharply lower after a key economic report showed that American factory activity fell for a second month in a row in September.
A pair of world leaders held court Sunday in a departure from the usual rallies attended by President Donald Trump.
The US job market probably took a breather in August, slowing amid a summer lull and an escalating trade war, economists expect.
American manufacturing shrank for the first time in three years this summer.
The Dow and the broader stock market closed sharply lower on Tuesday. Investor sentiment soured after US and Chinese tariffs went into effect over the weekend, and economic data pointed at further weakness in manufacturing.
Asian markets were mixed Monday as new US-China tariffs took effect and several countries reported economic data for the last month.
China's massive manufacturing industry unexpectedly expanded last month, according to a closely watched private survey. But the country's economic outlook is still cloudy as the US-China trade war intensifies.
The manufacturing sector has become the problem child of the US economy.
Five big economies are at risk of recession. It won't take much to push them over the edge.
The trade war might be headed for a slight reprieve, but China is still getting battered by a slowing economy and its standoff with the United States.
When President Donald Trump announced a new round of tariffs on Chinese imports on Thursday, the Dow was up 311 points. Then it was down nearly 300 points.