Marketplace Stories

The White House has tapped Mick Mulvaney’s replacement to run the Consumer Financial Protection Bureau, the consumer watchdog agency formed in the wake of the financial crisis. Kathy Kraninger is an associate director in the Office of Management and Budget, where Mulvaney has been her boss. Critics worry she has no experience with financial regulations […]

U.S. tariffs announced today will affect more than 800 products from China, everything from aircraft tires and boat motors to cranes and bulldozers. Government officials say they’ll give U.S. companies the chance to request that certain products they import from China be excluded from the tariffs. Already, thousands of companies have filed applications with the […]

New numbers out Thursday show that Americans spent a lot of their paychecks on retail last month. U.S. retail sales were strong in May, rising about eight-tenths of a percent from a month earlier.  That may sound small, but it’s the biggest one-month jump since last November. Among the merchants that got a lot of […]

The European Central Bank announced today it is doing something the Federal Reserve has been doing for several years now: It’s taking its foot off the gas pedal of the economy — in this case, the eurozone economy. Specifically, it’s ending its practice of buying up bonds. So is the eurozone back on track? Click […]