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GOP Rep. Kevin Brady: Tariffs are taxes that impede the nation‘s economic growth

GOP Rep. Kevin Brady: Tariffs are taxes that impede the nation‘s economic growth

House Ways and Means Committee Chairman told CNBC on Wednesday he‘s worried about the long-term impact that President ‘s tariffs could have on economic growth. “Tariffs are taxes,” the Texas Republican said in a “” interview. “They impede economic growth. They pick winners and losers. We do worry about that.” However, Brady emphasized that Texas‘ economic growth has been strong […]

Mulvaney acknowledges he and Kudlow have been on the losing side of the tariffs argument with Trump

Mulvaney acknowledges he and Kudlow have been on the losing side of the tariffs argument with Trump

White House budget director acknowledged Wednesday that when it comes to some of the key policy debates, he and other fiscal conservatives are often coming up on the short end. In a look behind the scenes of the Trump administration, Mulvaney, who is director of the Office of Management and Budget and acting head of the Consumer Financial Protection Bureau, […]

Alphabet is looking even better after Facebook‘s disappointing earnings

Alphabet is looking even better after Facebook‘s disappointing earnings

This week, the two companies that dominate internet advertising both reported earnings, and the contrast was sharp. Google‘s parent company Alphabet reported on Monday. It showed while giving Wall Street . . The social media giant and user metrics and spooked investors with warnings about . Their adjacent reports highlighted their similarities, but also their glaring differences. Both companies are […]

Trump and New York Times publisher exchange barbs over press freedom

Trump and New York Times publisher exchange barbs over press freedom

President revealed for the first time on Sunday that he met with A.G. Sulzberger, the publisher of The New York Times, which sparked a new public clash with the Grey Lady as both men disputed the events of the meeting. On Twitter early in the day, Trump called the interaction “very good and interesting,” but that description was summarily undercut […]

Russia has been offloading its US debt holdings at breakneck speed–but here‘s what‘s behind it

Russia has been offloading its US debt holdings at breakneck speed–but here‘s what‘s behind it

The Russian government, previously considered a significant holder of U.S. debt, has been steadily — and sharply — paring down the vast majority of its holdings of U.S. Treasury securities. Russian holdings of Treasury securities declined 84 percent between March and May, falling to $14.9 billion from $96.1 billion in just two months, according to a released July 18. Financial […]

From Ritz crackers to McDonald‘s salads, food recalls — and safety questions — are on the rise

From Ritz crackers to McDonald‘s salads, food recalls — and safety questions — are on the rise

U.S. food safety regulators are recalling about twice as many products as a decade ago, pulling Ritz crackers, Goldfish and Swiss rolls off grocery shelves just last week, salads about two weeks ago and Kellogg‘s Honey Smacks last month. Approximately one in six Americans get six every year from eating contaminated foods, according to the Centers for Disease Control and […]

How to avoid these common money mistakes in college

How to avoid these common money mistakes in college

As students head off to college this fall, they will be brimming with excitement — as well as anxiety. More than anything, the top concern parents and children share is how they will afford college and deal with the debt burden that goes hand-in-hand with a degree, according to . It‘s no wonder: College costs have rapidly increased over the […]

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