Latest News Updates From Paul Wiseman

Government, Business

Survey: US Factories Expand for First Time Since July

U.S. factories expanded unexpectedly last month, snapping a five-month losing streak.

February 3, 2020
Government, Business, Fuel

November US Consumer Prices Up 0.3% on Rising Energy Costs

WASHINGTON — Higher energy prices lifted U.S. overall consumer prices in November.

December 11, 2019
Government, Business

US Trade Gap Narrows 7.6% to $47.2 Billion in October

WASHINGTON — The U.S. trade deficit narrowed in October as imports fell faster than exports. The politically sensitive trade gap with China dropped.

December 5, 2019
Government, Business

US Chickens Headed to China After Beijing Lifts 5-Year Ban

WASHINGTON — China is lifting a five-year ban on U.S. poultry, a goodwill gesture at a time when the world’s two biggest economies are trying to finalize a tentative trade deal.

November 14, 2019
Government, Business, Fuel

Consumer Prices Up 0.4% in October; Gasoline Prices Surge

WASHINGTON — Surging gasoline prices caused U.S. consumer prices to rise last month at the fastest pace since March.

November 13, 2019
Government, Business

US Manufacturing Contracts for Third Straight Month

WASHINGTON — U.S. manufacturing output dropped for the third straight month in October as trade tensions and a slowing global economy took a toll on American factories.

November 1, 2019
Government, Business

Trump to Sign US-Japan Trade Deal That Benefits Farmers

WASHINGTON — President Donald Trump is scheduled to sign a limited trade agreement Oct. 7 with Japan, a deal that would win back benefits American farmers lost when Trump pulled out of a broader Asia-Pacific pact his first week in office.

October 7, 2019
Government, Business

US Productivity Climbs 2.3% in Second Quarter

Productivity rose at a healthy pace in the second quarter but dropped at American factories, another sign of trouble for manufacturers.

September 5, 2019
Government, Business, Technology

US Delays Tariffs on Some Chinese Goods, Drops Others

WASHINGTON — The United States is delaying tariffs on Chinese-made cellphones, laptop computers and other items and removing other Chinese imports from its target list altogether.

August 13, 2019
Government, Business

US Trade Deficit Rises to Five-Month High of $55.5 Billion in May

WASHINGTON — The U.S. trade deficit rose to a five-month high in May as the politically sensitive imbalances with China and Mexico widened. The Commerce Department said July 3 that the gap between the goods and services the U.S. sells and what it buys from foreign countries rose 8.4% to $55.5 billion in May.

July 3, 2019