Scott Horsley

The quarter-point cut signals growing concern at the Federal Reserve about a slowdown in the economy amid the trade war with China. The Fed last cut rates in 2008 and raised them as late as December.

U.S. trade negotiators are in Shanghai for talks with their Chinese counterparts this week, but there appears to be little pressure for a settlement in the year-old conflict.

Liberal Democrats have embraced an obscure brand of economics — "modern monetary theory" — to make the case for deficit-financed government programs like the Green New Deal for clean energy and jobs.

President Trump had been expected to nominate Tomas Philipson as permanent chair of his Council of Economic Advisers. Philipson, an expert on health economics, succeeds Kevin Hassett.

President Trump promoted his trade agenda in Wisconsin on Friday, as new data shows a widening trade deficit with China.

The Federal Reserve chairman is testifying before Congress this week about challenges the economy faces. Stocks rallied in anticipation the central bank will lower interest rates later this month.

According to the Labor Department, employers added 224,000 jobs in June, despite a disappointing May. The strong job market could reduce pressure on the Federal Reserve to cut interest rates.

The U.S. job market picked up steam in June. Employers added 224,000 jobs, more than triple May's numbers. The unemployment rate inched up to 3.7% as more workers entered the job market.

U.S. employers added 224,000 new jobs in June. That's far more than many analysts were expecting and marks a rebound after a disappointing May.

Job growth rebounded strongly last month as employers added 224,000 jobs. That followed a disappointing May when employers added just 72,000 jobs.

President Trump has picked two more candidates for the Federal Reserve Board. One, Judy Shelton, has some unconventional views on monetary policy.

President Trump called a truce in his trade war with China. But another tariff battle is brewing — this time with Europe. It could affect prices for imported cheese, olives and pasta.

President Trump is the first U.S. president to set foot in North Korea, and says the U.S. and North Korea will soon begin denuclearization talks. And, the U.S. and China will resume trade talks.

President Trump is in South Korea Saturday to meet with President Moon Jae-in. But his Asia trip is also marked by a potential visit to the Demilitarized Zone and a ceasefire on tariffs with China.

The U.S. will hold off another round of tariffs on Chinese goods. The two countries agreed to restart trade talks after President Trump and Chinese President Xi met during the G-20 summit in Japan.

President Trump said the two countries would "continue the negotiation." He said the U.S. would keep existing tariffs in place, but would not impose new tariffs on Chinese imports.

President Trump is in Japan for the G-20 economic summit, but will head for South Korea on Saturday. He asked Kim Jong Un to shake hands in the demilitarized zone between the Koreas.

President Trump met with Japanese Prime Minister Shinzo Abe and Russian President Vladimir Putin, among other world leaders, on the sidelines of the G20 Summit in Osaka, Japan

President Trump highlighted the positive during a series of meetings at the G-20 summit in Japan. Setting aside complaints about unfair trade, the president cheered stronger ties with U.S. allies.

President Trump is in Osaka, Japan, for the G20 summit. There, he'll meet with leaders of the world's biggest economies and talk trade.