The Federal Reserve is likely to hold interest rates steady when it meets at the end of the month, keeping tensions high with President Trump.
Category: United States Politics and Government
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Supreme Court Grapples With Louisiana Coastal Lawsuits Against Oil Companies
The justices heard arguments over whether oil companies sued by Louisiana could move the cases from state to federal court, a venue thought to be friendlier to corporate interests.
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Trump Administration Nears Deal With Taiwan
The trade deal would cut tariffs and include a commitment from Taiwanese Semiconductor Manufacturing Corporation, the island’s chip giant, to build more manufacturing plants in the United States.
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Fed Changes Course and Takes On Trump’s Political Fight
The Justice Department’s decision to open up a criminal investigation of Jerome H. Powell, the chair of the Federal Reserve, is a major escalation in the pressure campaign against the central bank to cut interest rates.
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Stocks, Bonds and the Dollar Slip on Threat to Fed Chair Powell
The broad shift out of U.S. financial assets revived last year’s trend called the “sell America” trade.
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Volkswagen Suffers More Than Rivals From Auto Industry Woes
The German automaker’s sales in the United States plunged last year, hit by tariffs and the end of tax credits for electric vehicles.
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Trump Calls for 10 Percent Credit Card Interest Cap, After Killing Other Fee Limits
The president revived a campaign promise he has not actively pursued since taking office.
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Trump’s $100 Billion Venezuela Oil Plan Gets a Cool Reception
President Trump met with oil and gas executives on Friday in an effort to push them to invest money in Venezuela, a plan many of them are reluctant to embrace.
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Trump Seeks New Powers to Pressure ‘Underperforming’ Weapons Makers
In an executive order, President Trump is aiming to punish defense contractors that don’t deliver weapons quickly enough.
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U.S. Hiring Turned Sluggish One Year Into Trump’s Second Term
As economists pointed to some of the president’s policies to explain the latest Labor Department data, White House aides sought to make the case for optimism in the new year.
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Venezuela’s Oil Industry: A Timeline of Key Events
The country’s oil industry has undergone major shifts and two waves of nationalization since its first well started pumping in 1914.
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What to know about the report.
Data on the labor market in December will be closely watched for clues on the state of the economy.