Marketplace Stories

Federal agencies are now trying to figure out how to spend billions of dollars in the next six months. President Donald Trump signed the $1.3 trillion spending bill Congress sent him last week, unleashing funding for fiscal year 2018, which is already half over. It’s a use-it-or-lose it situation for federal agencies. Click the audio player […]

This week or next the Trump administration is expected to announce a list of Chinese exports it could slap with tariffs to punish China for what it sees as unfair trade practices. Trade talks between the U.S. and China are ongoing, and markets are certainly hoping that two biggest economies in the world might keep […]

South Korea has become the first nation to be permanently exempted from President Donald Trump’s steel and aluminum tariffs as part of a newly renegotiated free trade agreement between the two countries announced today. The Trump administration has used the possibility of tariffs as leverage in other trade issues as well, such as renegotiating the […]

Congress jammed a lot into its $1.3 trillion spending bill, and we’ll be going through the bill’s 2,000-plus pages for some time. But there was one thing noticeably left out: a last-ditch compromise amendment on health care sponsored by Republican senators Susan Collins and Lamar Alexander. The so-called “stabilization” package was designed to keep health insurance […]

In Brussels, there’s been little sign of rejoicing that the European Union, along with some other major U.S. trading partners, has dodged, for now, the steep steel and aluminum tariffs that went into effect today. The exemption is temporary, short and conditional. French President Emmanuel Macron said the exemption was “not considered satisfactory.” German Chancellor […]