The White House is proposing a $50 billion package designed to boost the Palestinian economy, presenting a vision of regional prosperity that remains contingent on an Israeli-Palestinian peace agreement, administration officials said.
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The Trump administration's expansion of the global trade war to Mexico could have harsh economic consequences for American workers — especially in Texas.
The economic mood in the United States has changed quickly over the past six months. At the end of last year, the stock market suffered a steep decline, consumer spending tanked, and economists were forecasting a recession around the corner.
The US labor market keeps getting stronger.
The Federal Reserve on Wednesday left its key benchmark rate unchanged despite renewed calls by President Donald Trump to cut interest rates.
The economy grew at a much better than expected rate in the first quarter, the Commerce Department reported Friday, accelerating strongly out of a slow start to the year.
President Donald Trump conveyed optimism about the American economy on Friday, despite a new jobs report showing that the US added only 20,000 jobs in February -- a surprisingly low number that bucked the trend of huge jobs gains in recent months.
President Donald Trump's chief economic adviser believes "the Green New Deal will literally destroy the economy," he told an audience of conservatives Thursday afternoon.