U.S. economy

U.S. economy suffers in q2 as U.S-China trade war continues

... increased consumer spending cushions recession fears The U.S. economy slowed in the second quarter of the year as the…

By Afolabi Oluwaseun
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Financial rules have made economy stronger, changes should be ‘modest’, says Fed Chair

Reforms put in place after the 2007 to 2009 crisis have strengthened the financial system without impeding economic growth, and…

Toyota’s game plan features robots, M&A, self-driving cars

Toyota Motor Corp. agreed to buy a stake in Mazda Motor Corp. and jointly build a $1.6 billion plant in the…

Fed holds rates steady, expects to cut balance sheet ‘relatively soon’

The Federal Reserve kept interest rates unchanged on Wednesday and said it expected to start winding down its massive holdings…

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