President Donald Trump plans to nominate Judy Shelton and Christopher Waller to join the Federal Reserve, the White House said.
Economy
Follow coverage of the U.S. and global economy, jobs and unemployment; banking; interest rates and other decisions by the Federal Reserve (Fed) and Chair; and economic indicators such as the gross domestic product (GDP), factory orders and durable goods. Other topics include the federal budget deficit and national debt, and local economic columnist Jon Talton.
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For Expeditors International of Washington and other major shippers, 2019 ended on a sour note
For major shipping companies dealing with trade wars and slowing global growth, conditions appear to have deteriorated for some as 2019 came to a close....
U.S. retail sales post solid advance to close out moderate 2019
U.S. retail sales strengthened in December, thanks to a late holiday-shopping rush that wrapped up a more-moderate year of spending at the nation's merchants. The...
Microsoft ups its commitment to affordable housing by $250 million
After investing $500 million in affordable housing last year, tech giant Microsoft is pledging a potential $250 million more.
Environmental issues top worries for those heading to Davos
Citing a survey of more than 750 key decision-makers, the World Economic Forum said catastrophic trends like global warming and the extinction of animal species...