U.S. Economy

U.S. orders Chinese-backed crypto miner to sell land near nuclear missile base

U.S. President Joe Biden issued an order on Monday forcing a Chinese-backed cryptocurrency mining company to sell land near a Wyoming…

The U.S. is now Germany’s biggest trading partner — taking over from China

After years of China being Germany’s main trading partner, the U.S. looks like it’s quietly taking that top spot as…

Immigrant workers are helping boost the U.S. labor market

The strong jobs market has been bolstered post-pandemic by strength in the immigrant workforce in America. And as Americans age…

Jobless rates rise in April for all racial groups except Black Americans

The unemployment rate for Black Americans fell in April, bucking the overall trend, according to data released Friday by the…

UK to suffer slowest growth of all rich nations next year, OECD says

The U.K.’s “sluggish” growth prospects have put it on course to be the worst-performing economy of all advanced nations next…

Why hundreds of U.S. banks may be at risk of failure

Hundreds of small and regional banks across the U.S. are feeling stressed. “You could see some banks either fail or…

Trump wins voters on inflation as Biden zeroes in on tariffs, jobs: NBC News poll

More voters trust Donald Trump than President Joe Biden to deal with inflation and the cost of living, their top…

China slams U.S. probe into its shipbuilding industry, says move is a ‘mistake on top of a mistake’

China said it “firmly opposes” the U.S. investigation into its maritime, logistics and shipbuilding industries, calling the move a “mistake…

Biden wants to triple China tariffs on steel, aluminum imports

President Joe Biden is calling on the U.S. Trade Representative to triple the China tariff rate on steel and aluminum…

Republican House panel launches probe into Biden’s FTC-DOJ task force on corporate pricing

The Republican-led House Oversight Committee is launching an investigation into President Joe Biden’s newly established task force on corporate-pricing practices,…