Scott Horsley

The deficit is expected to swell to $960 billion this year and average $1.2 trillion in each of the next 10 years, according to congressional budget forecasters. They also expect the economy to slow.

The Trump administration is boasting that the economy is strong. But the administration is also calling for the kind of dramatic economic stimulus one would usually only consider during a recession.

The Trump administration pushed back hard against warnings of an economic slowdown. But the president is also calling on the Federal Reserve to cut interest rates again to help boost growth.

Mixed economic signals have economists concerned about a recession, something President Trump is trying to factor into his reelection bid.

As the trade war drags on, companies are beginning to make long-term adjustments. For some, that means hiring workers to redesign or reclassify products or seek new suppliers to sidestep import taxes.

The stock market paused to catch its breath on Thursday after a steep drop the day before. There are some warning signs of a recession ahead, but others suggest the economy is still resilient.

Investors paused to catch their breath Thursday after the stock market suffered its worst drop of the year the day before. Consumer spending is still strong, despite signs of a looming recession.

The Trump administration tweaked its list of Chinese imports subject to a 10% tariff this fall. We found some surprises buried in the thousands of tariff line items.

The Trump administration is postponing tariffs on some popular Chinese imports from Sept. 1 until Dec. 15. The move is a significant retreat in the trade war. Stocks rose on the news.

The Trump administration is postponing some tariffs on Chinese imports set to take effect on Sept.1. Tariffs on laptops, cellphones, some clothing and other items are now set to begin Dec. 15.

The Koch brothers' wide-ranging influence is no secret. But rather than focusing on how they spend their money, Christopher Leonard presents a richly reported tale of how they got it.

President Trump tours a Pennsylvania petrochemical plant Tuesday to highlight the U.S. energy boom. Trump claims credit for surging oil and gas production, but the trend began before he took office.

The Trump administration says its crackdown helps discourage illegal immigration. But workers' advocates warn it leaves vulnerable employees open to exploitation and unsafe working conditions.

China's currency and the U.S. stock market stabilized Tuesday, after a dramatic drop the day before. Experts say the Trump administration was wrong to accuse China of currency manipulation.

The Trump administration made the declaration after Beijing allowed its currency to drop sharply. China's move triggered a sell-off on Wall Street.

Retailers predict rising prices if President Trump goes through with his threat to add new tariffs to Chinese imports. Meanwhile, the White House announced a deal to boost beef exports.

The U.S. economy is slowing down, but it keeps creating jobs at a healthy pace. Employers added 164,000 jobs last month — as analysts had projected — and the unemployment rate held steady at 3.7%.

Manufacturing has slowed amid global uncertainty. That's one of the reasons the Federal Reserve gave for cutting interest rates this week.

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.