Business > U.S.

U.S. home prices grow at slowest rate in two years: report

1 month ago   |   By

The rate of price growth for homes across the country cooled in July for a fifth consecutive month, according to a recent Redfin analysis. The national median sales price grew at an annual rate of 5.3 percent last month , as the brokerage noted in its report cited by Mansion Global. July's slowdown is notable for reaching a low not seen since September 2016. Seattle, Portland and San Jose were...
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President Trump's Power Plant Plan May Increase U.S. Carbon Pollution

1 month ago   |   By

Donald Trump is poised to replace former President Barack Obama's plan to slash power plant greenhouse gas emissions with a substitute that could actually increase them.
The move, combined with a rollback of automobile efficiency mandates proposed earlier this month, represents a significant retreat from the fight against climate change by a president who's already vowed to pull the U.S. out of the Paris agreement. Transportation and electric generation are the biggest sources of heat-trapping gas emissions in the U.S., accounting for 56 percent of the total in 2016, according to the...
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U.S. International Investment Position, 1st quarter 2018, Year 2017, and annual update

U.S. International Investment Position, 1st quarter 2018, Year 2017, and annual update

1 month ago   |   By

U.S. International Investment Position, 1st quarter 2018, Year 2017, and annual update
End of 1st quarter 2018:
-$7,888.1 billion
End of 4th quarter 2017:
-$7,725.0 billion
End of Year 2017:
-$7,725.0 billion
End of Year 2016:
-$8,181.6 billion
The U.S. net international investment position decreased to -$7,888.1 billion at the end of the first quarter of 2018 from -$7,725.0 billion at the end of the fourth quarter of 2017, according to statistics released by the Bureau of Economic Analysis. The $163.1 billion decrease reflected a $182.8 billion decrease in U.S. assets and a $19.7 billion...
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U.S. International Transactions, 1st quarter 2018 and annual update

U.S. International Transactions, 1st quarter 2018 and annual update

1 month ago   |   By

U.S. International Transactions, 1st quarter 2018 and annual update 1st quarter 2018:
-$124.1 billion 4th quarter 2017:
-$116.1 billion
The U.S. current-account deficit increased to $124.1 billion in the first quarter of 2018 from $116.1 billion in the fourth quarter of 2017, according to statistics released by the Bureau of Economic Analysis. The deficit was 2.5 percent of current-dollar gross domestic product in the first quarter, up from 2.4 percent in the fourth quarter.
Current Release
Current Release: June 20, 2018
Next release: September 19, 2018
U.S. International Transactions, 1st...
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Personal Income and Outlays, June 2018

Personal Income and Outlays, June 2018

1 month ago   |   By

Personal Income and Outlays, June 2018 and Comprehensive Update: 1929 Through May 2018
June 2018:
0.4 percent
May 2018:
0.4 percent
Personal income increased 0.4 percent in June, the same increase as in May. Wages and salaries, the largest component of personal income, increased 0.4 percent in June after increasing 0.3 percent in May.
Current Release
Next release: August 30, 2018
PERSONAL INCOME AND OUTLAYS, JUNE 2018
Personal Income
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U.S. International Trade in Goods and Services, June 2018

U.S. International Trade in Goods and Services, June 2018

1 month ago   |   By

U.S. International Trade in Goods and Services, June 2018
June 2018:
-$46.3 billion
May 2018:
-$43.2 billion
The U.S. monthly international trade deficit increased in June 2018 according to the U.S. Bureau of Economic Analysis and the U.S. Census Bureau. The deficit increased from $43.2 billion in May to $46.3 billion in June, as exports decreased and imports increased. The previously published May deficit was $43.1 billion. The goods deficit increased $3.1 billion in June to $68.8 billion. The services surplus decreased less than $0.1 billion in June to $22.5 billion.
Current...
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New York Times opinion writer Bari Weiss slammed for questioning whether...

New York Times opinion writer Bari Weiss slammed for questioning whether sexual assault should disqualify Kavanaugh from the Supreme Court

New York Times opinion writer and editor Bari Weiss was criticized online Tuesday after questioning whether sexual assault accusations should disqualify Judge Brett Kavanaugh... Read more ...

China Sets Tariffs On $60 Billion In U.S. Goods, Retaliating Against U.S. Duties

China Sets Tariffs On $60 Billion In U.S. Goods, Retaliating Against U.S. Duties

Hours after President Trump announced tariffs on $200 billion in Chinese goods, Beijing responded with its own levies on $60 billion worth of U.S. products. Read more ...

White House counsel Don McGahn was reportedly blindsided by Trump tweeting...

White House counsel Don McGahn was reportedly blindsided by Trump tweeting that he would be leaving the administration after he testified in the Mueller probe

White House counsel Don McGahn was reportedly blindsided when President Donald Trump tweeted that he would leave the administration when he had no plans to do so, The New York... Read more ...

A 2015 clip of Brett Kavanaugh joking about his days at an elite high school...

A 2015 clip of Brett Kavanaugh joking about his days at an elite high school has resurfaced and is going viral

A 2015 clip of Brett Kavanaugh making a joke about the elite Maryland high school he attended has resurfaced at an inconvenient time for the Supreme Court nominee. Kavanaugh... Read more ...

Supreme Court Orders Disclosure for Dark Money, As New Report Unveils Some...

Supreme Court Orders Disclosure for Dark Money, As New Report Unveils Some Donors

Groups such as the NRA and Chamber of Commerce must disclose who paid for campaign ads they run this fall. A new report says such groups pumped about $600 million into... Read more ...

Poland says it's willing to pay $2 billion to build 'Fort Trump,' and Trump...

Poland says it's willing to pay $2 billion to build 'Fort Trump,' and Trump sounds interested in the offer

Poland wants a permanent US presence, and the government has said its willing to pay for it. On Tuesday, President Donald Trump said the US was "looking at it very... Read more ...

U.S. Justice Department is investigating Elon Musk's statement on taking...

U.S. Justice Department is investigating Elon Musk's statement on taking Tesla private

Tesla said on Tuesday the U.S. Department of Justice was investigating Chief Executive Elon Musk's public statements in August that he was considering taking the electric... Read more ...

Alibaba founder Jack Ma says the US-China trade war is 'going to be a mess'...

Alibaba founder Jack Ma says the US-China trade war is 'going to be a mess' and could last 20 years

The US and China trade war could last 20 years, Alibaba founder Jack Ma said. Ma made the remark after President Donald Trump ordered the US Trade Representative to impose... Read more ...

Watch: Julie Chen Quits ‘The Talk' Via Video, Following the Resignation of...

Watch: Julie Chen Quits ‘The Talk' Via Video, Following the Resignation of Former CBS CEO Les Moonves

Julie Chen is out at The Talk , according to a video message she posted to Twitter on Tuesday. Chen's exit was first reported Monday night by The Hollywood Reporter . Farewell... Read more ...

NPD August 2018: Call of Duty: Modern Warfare 2 from 2009 was a top-seller

NPD August 2018: Call of Duty: Modern Warfare 2 from 2009 was a top-seller

It's no suprise Call of Duty be among the U.S. top 10 best-selling titles of the month. The annual military shooter franchise is among the top-selling games of every year. But... Read more ...