Growthist economy

FedEx loses $2 billion, warns of headwinds in coming year

59 minutes ago   |   Star Tribune

FedEx Corp. posted weak quarterly results in its core express business and warned Tuesday that its profit in the year ahead will be hurt by slowing growth in the world economy...
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Fed chairman says economy facing growing uncertainties

1 hour ago   |   Review Journal

Jerome Powell said the Fed is now grappling with the question of whether those uncertainties will continue to weigh on the outlook and require action.
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Nearly half of US workers need side gig to stay afloat, survey finds

5 hours ago   |   ABC

If you have a side hustle, you're not alone. Nearly half of all American workers have another job, with many saying it's a necessity.
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Fed Chair Emphasizes Independence as Trump Attacks Persist

5 hours ago   |   NY Times   |   3 articles

Fed Chairman Jerome H. Powell underlined the central bank's insulation from politics and kept the door open for interest rate cuts as uncertainties loom.
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'Climate apartheid': World's poor to suffer most from disasters

5 hours ago   |   Al Jazeera

UN rights expert calls for 'major re-engineering of economies' to tackle effect of climate change on the global poor.
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U.S. consumer confidence dives, trade tensions hurting economy

5 hours ago   |   Reuters

U.S. consumer confidence tumbled to a 21-month low in June as households grew a bit more pessimistic about business and labor market conditions amid concerns about a recent...
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Powell says economy facing growing uncertainties

6 hours ago   |   Star Tribune

Federal Reserve Chairman Jerome Powell says the economic outlook has become cloudier since early May, with rising uncertainties over trade and global growth causing the central...
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Want to Boost the Economy? Check the Power of U.S. Corporations, Not China | Opinion

8 hours ago   |   Newsweek

Instead of trying to get China to change, we must lessen the dominance of big American corporations over policy.
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Wall Street is setting rock-bottom expectations for Trump and Xi's G20 meeting - but the stakes are sky-high

Wall Street is setting rock-bottom expectations for Trump and Xi's G20 meeting - but the stakes are sky-high

8 hours ago   |   Business Insider

Wall Street strategists and economists have low expectations for President Donald Trump and President Xi Jinping's meeting later this week at the G20 summit in Osaka, Japan. If...
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Debt and deficits won't be as bad as feared but are still dangerous, CBO says

9 hours ago   |   CNBC

The national debt will rise to 141% of the economy over the next 30 years - 11 percentage points lower than the agency projected last year.
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San Francisco becomes first major US city to ban e-cigarette sales

San Francisco becomes first major US city to ban e-cigarette sales

The ban includes sales in brick-and-mortar stores and online sales shipped to a San Francisco address. Read more ...

Body camera video shows moment abandoned baby found crying in plastic bag

Body camera video shows moment abandoned baby found crying in plastic bag

Authorities in Georgia released body camera video of a newborn who was found wrapped in a plastic bag and abandoned in a wooded area earlier this month. Read more ...

Acting US Customs and Border Protection Commissioner to leave

Acting US Customs and Border Protection Commissioner to leave

Acting Customs and Border Protection Commissioner John Sanders is resigning, effective July 5. Read more ...

Military service members attend funeral of 5-year-old who died of cancer

Military service members attend funeral of 5-year-old who died of cancer

A 5-year-old Arkansas boy who died of cancer was laid to rest in a funeral attended by active-duty service members paying tribute to the little “soldier.” River “Oakley” Nimmo... Read more ...

Melania Trump's senior aide to replace Sarah Sanders

Melania Trump's senior aide to replace Sarah Sanders

Stephanie Grisham, a top aide to first lady Melania Trump, will be the next White House press secretary and communications director. “She has been with us since 2015 - potus &... Read more ...

Pickup driver pleads not guilty in motorcycle crash that killed 7

Pickup driver pleads not guilty in motorcycle crash that killed 7

A pickup truck driver accused of colliding with a group of motorcyclists, killing seven of them, pleaded not guilty through his lawyer Tuesday to negligent homicide. Read more ...

Woman uses shovel to kill venomous cobra that wandered onto her patio

Woman uses shovel to kill venomous cobra that wandered onto her patio

The 73-year-old woman says she heard birds squawking outside her apartment - and when she looked outside, she saw a 4 to 5-foot-long serpent. Read more ...

First lady's spokeswoman to be White House press secretary

First lady's spokeswoman to be White House press secretary

Melania Trump has announced that her spokeswoman will be the new White House press secretary. Read more ...

Women's World Cup 2019: Late penalty sends Netherlands past Japan

Women's World Cup 2019: Late penalty sends Netherlands past Japan

Lieke Martens scored twice as the Dutch booked a Women's World Cup quarterfinal against Italy by knocking out 2015 finalist Japan. Read more ...

Italy beats China 2-0 to reach World Cup quarterfinals

Italy beats China 2-0 to reach World Cup quarterfinals

MONTPELLIER, France - Valentina Giacinti and Aurora Galli scored and Italy earned its first appearance in the quarterfinals of the Women's World Cup since 1991 after beating... Read more ...