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Economy

White House claims Trump is focused on ‘long-term economic fundamentals’ following stock market plunge Monday

Diana Stancy Correll -
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The author of the tax legislation noted that the sell-off began after the jobs report showed wages rising at the fastest clip of the recovery, raising expectations of faster interest rate increases from the Federal Reserve. (AP Photo/J. Scott Applewhite File)
Economy

Kevin Brady: Stock plunge reinforces benefits of tax bill

Joseph Lawler -
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The U.S. stock-market selloff that began Friday with drops of 666 points on the Dow Jones Industrial Average didn't let up Monday. (AP Photo/Richard Drew)
Business

Here’s why the Dow is dropping

James Langford -
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The Dow Jones industrial average, the S&P 500 and the Nasdaq Composite Index are still higher than they were at the end of 2017. (Andrew Harrer/Bloomberg)
Business

Trump doesn’t need to panic over market’s slip from record highs

James Langford -
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The stock market closed sharply lower, extending a weeklong slide, as the Dow Jones industrial average plunged more than 600 points. (AP Photo/Richard Drew)
Economy

Dow closes down more than 1,100 points, after plunging as much as 1,500

Joseph Lawler -
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The Dow Jones Industrial Average fell by more than 600 points, or greater than 2 percent, by late afternoon Friday after investors anticipated more interest rate hikes after a strong jobs report. (AP Photo/Pablo Martinez Monsivais)
Economy

Stocks tumble after strong jobs report raises expectations for Fed rate hikes

Joseph Lawler -
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President Trump relentlessly congratulates himself for the healthy state of the U.S. economy, with its steady growth, low unemployment, busier factories and confident consumers. But most economists tend to agree on this: The economy has essentially been the same sturdy one that he inherited from Barack Obama. (AP Photo/Thibault Camus, File)
Economy

Chuck Schumer: Trump should thank Obama in State of the Union speech

Caitlin Yilek -
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Don’t let Amazon force local politicians into a bidding war
Magazine

Don’t let Amazon force local politicians into a bidding war

Washington Examiner Staff -
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A monitor displays General Electric Co. signage on the floor of the New York Stock Exchange earlier this year. While U.S. stocks have climbed overall, the historic manufacturer's shares have tumbled as CEO John Flannery attempts to turn around a company grappling with challenging markets and an influential activist investor.
Business

GE posts $9.8 billion loss after hits from insurance, tax overhaul

James Langford -
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The latest tax bill and deregulation coming down the line has been a positive for equity markets, with the blue-chip Dow Jones Industrial Average surging 38 percent to a record above 25,000 and the broader S&P 500 climbing 29 percent. (iStock)
Business

For US banks, tax-cut bonanza follows a gloomy year for traders

James Langford -
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