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Economists polled by Reuters had forecast the services PMI would rise to 51.5. A PMI reading above 50 indicates growth in the services sector, which accounts for more than two-thirds of the economy.
A food distributor in Arizona warns that tariffs will soon lead to higher prices and shortages at the grocery store.
Trump has a go-to playbook if the numbers reveal uncomfortable realities, and that’s to discredit or conceal the figures and to attack the messenger — all of which can hurt the president’s efforts to ...
Trump has focused on the revisions to the May and June data, which on Friday were revised lower, with job gains in May reduced to 19,000 from 144,000, and for June to just 14,000 from 147,000. Every ...
For months, Trump has railed against Canada, threatening to turn America’s neighbor into the 51st state — but the U.S. still ...
A top economist cited President Donald Trump's tariffs and immigration policy as the primary reasons he feels the U.S. is ...
According to the American Hospital Association, Trump’s tax bill will result in 1.8 million people in rural communities ...
Two former Treasury Secretaries skewered tariffs as a “a bad form of tax” in a brutal CNBC segment just moments after Trump’s Squawk Box interview.
Previously, Mr Trump has complained about bilateral trade worth $190bn. India had hoped this would be a happy sign of ever ...
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Trump says he’d like to run again, pushing back at ‘fake polls’ in CNBC interview: Live updates - President Donald Trump called into CNBC’s Squawk Box morning show to talk about tariffs, jobs, Fed ...
The US trade deficit experienced a significant 16% decrease in June, reaching $60.2 billion, primarily due to a sharp decline ...
Wall Street is holding steadier following its see-saw ride that bracketed the weekend. The S&P 500 rose 0.1% Tuesday after ...
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