An economist agrees with the president’s optimism in the State of the Union address but warns about potential trouble ahead. The prosperity touted in Trump’s speech isn’t really being shared by everyone. Macy’s is having to downsize.
We fact-check President Trump’s claims from his State of the Union address, including his assertion about a blue collar boom. Why a lower U.S. trade deficit is not necessarily a good thing.
Leisure cruise companies are under pressure after ships are quarantined over the coronavirus. Cathay Pacific asks its staff to take unpaid leave. Europe’s largest train station gets a makeover.
Global markets rebound Tuesday after the coronavirus spooked investors. Can Penske’s acquisition of the IndyCar series bring in viewers and, just as importantly, financial backers?
Democrats try to sort out the mess with the Iowa Caucus vote tally. What’s the status of the American health care system ahead of the State of the Union address? Coronavirus fears force Disney to shut down two major theme parks in Asia.
Macau shuts down its casinos on coronavirus concerns. Will OPEC cut oil supply as virus fears reduce demand? Air Asia becomes the subject of a bribery probe. Nigerians complain about new U.S. visa restrictions.
China’s central bank cuts interest rates slightly as the coronavirus scare sinks stocks. U.S. markets feel the impact of that economic disruption. Even the losers of the Super Bowl get bonuses.
Coronavirus fears cause Chinese stocks to plunge following the Lunar New Year holiday. The economy is doing great, unless you ask Millennials and young people of color. Businesses adapt to people calling in sick the Monday after the Super Bowl.