Economy

U.S. to pay farmers up to $16 billion for trade war losses, South to benefit

The U.S. government will pay American farmers hurt by the trade war with China between $15 and $150 per acre in an aid package totaling $16 billion, officials said on Thursday, with farmers in the South poised to see higher rates than in the Midwest. The assistance, starting in mid-to-late August, follows Republican President Donald […]

Donald Trump’s Entire Story About the Economy Fell Apart This Week

This week, much of the story that the White House likes to tell about its economic record fell apart. It’s not just that growth appears to have slowed, though it has. On Friday, the Commerce Department reported that the country’s gross domestic product expanded at a middling 2.1 percent annual rate during the the second […]