Economy

Democratic legislators seem likely to reject President Donald Trump’s latest concession on the border wall talks, but Vice-President Mike Pence suggested more compromises are possible.

Skeptics of China’s economic statistics suspect the country’s economy may be even worse off.

New York City restaurants, feeling the pinch of trying to make ends meet, are slashing their staff after a state law that took effect at the end of 2018 is mandating restaurants with 11 or more workers to pay a $15 an hour minimum wage.

The Prime Minister of New Zealand has vowed her country will stand by Britain after Brexit, encouraging it to leave the EU on terms which will allow the Kiwis to deepen their commercial ties to the mother country.

DAVOS, Switzerland (AP) – As the world’s financial and political elites convene here in the Swiss Alps for the World Economic Forum, their vision of ever-closer commercial and political ties is under attack – and the economic outlook is darkening.

Democrats immediately rejected President Donald Trump’s offer of a work-permit amnesty for one million registered migrants in exchange for 230 miles of new border wall. 

The compromise shutdown deal reportedly being prepared by aides to the president would expand catch and release rules to aid millions of current and future illegal migrants and would paralyze enforcement for at least three years, immigration reformers said.

Farhad Manjoo, the New York Times columnist who is urging Democrats to formally adopt an open borders policy, tried to justify his nation-changing proposals via a Twitter video.

Facebook executive Andrew Bosworth claimed he would ask employees to take down 5-star Amazon reviews they had left for the company’s own smart camera product, Portal.

China says it will buy more U.S. products but there is no sign of progress on tougher issues at stake in the trade dispute.

President Donald Trump will offer another compromise deal on Saturday to end the shutdown over the border wall, and Democrats will approve $1.1 billion to buy extra surveillance technology and additional immigration judges, according to Friday evening media reports. 

Ever since the big Christmas Eve sell-off, stocks have been recording surprisingly strong gains.

The cost of educating illegal aliens and their children could amount to hundreds of millions of dollars per year, if not billions, experts say.

Facebook is reportedly developing a hub of memes and funny videos for young users, titled “LOL,” in an effort to engage the youth who have fled the social network for rival platforms.

Shares of mortgage giants Fannie Mae and Freddie Mac soared on the news.

The LA Times published an article recently which provides a more in-depth look at Tesla’s recent decision to end their referral rewards program.

A few days after Elon Musk’s rocket company SpaceX announced that it was cutting ten percent of its workforce, his electric car company Tesla has said it is cutting seven percent of its workforce as well.

Stock market sell-off, government shutdown, and concerns about future growth pulled consumer sentiment down to lowest level of Trump presidency.

Total industrial production rose 4.0 percent in 2018, much higher than 2.9 percent in 2017 and 2016’s paltry 0.5 percent gain.

An expanding group of American professionals is building support for a January 26 protest against the outsourcing of middle-class jobs via the H-1B visa program.

Rep. Matt Gaetz (R-FL) says past Republican and Democrat presidents have been “the valets” for multinational corporations and business lobbyists with their support for job-killing multilateral free trade deals.

The U.S. Chamber of Commerce’s first effort on trade in 2019 is to tank legislation that would allow President Donald Trump to impose reciprocal tariffs on specific foreign imports, Breitbart News has learned.

Some of the hedge funds that long ago made bets on the recovery of Fannie Mae and Freddie Mac have greatly benefited in the first few weeks of 2019 as a Trump appointee ascended to become the acting chief of the regulator in control of mortgage giants.

The Supreme Court on Monday denied review of a major challenge to the constitutionality of the CFPB and Dodd-Frank, resulting from the understandable recusal of Justice Brett Kavanaugh, who was still a judge on the federal appeals court handling the case on its way to the justices when the case was pending before that court.

Trump administration officials will not make the trek to the Davos World Economic Forum this month in light of the partial government shutdown.

Teachers on strike in Los Angeles attempted to stop non-union substitutes from arriving at the Robert F. Kennedy Community Schools on Thursday morning, as the local union continued its strike into a fourth day.

Lighthizer still opposes giving in but President Donald Trump is reportedly pressuring him to get a China deal done.