Economy

Even if there isn’t a full-blown trade war, the uncertainty surrounding tariffs can hurt the U.S. economy, economist Diane Swonk told CNBC on Tuesday. The tariffs, along with a strengthening dollar and rising rates, all […]

China has retaliated with tariffs of its own, though the administration is banking on the idea that the U.S. ultimately will prevail in a tit-for-tat battle. The U.S. ran a $376 billion trade deficit with […]

By almost every measure, the U.S. economy is booming. But a look behind the headlines of roaring job growth and consumer spending reveals how the boom continues in large part by the poorer half of […]