economic
U.S. economic growth slowed in the first three months of the year, with gross domestic product growing at an annualized rate of 1.6 percent, as consumers began gradually pulling back. GDP was down sharply from the 3.4 percent annual rate in the last quarter of 2023, according to data released . . .
President Biden and Prime Minister Fumio Kishida of Japan announced a range of moves on Wednesday to further enhance military, economic and other cooperation between the two longtime allies as part of the president’s efforts to counter China’s aggressive actions in the Indo-Pacific region. During a pomp-filled ceremony honoring the visiting Japanese prime minister, the […]
U.S. Treasury Secretary Janet Yellen says upcoming U.S.-China talks will tackle a top Biden administration complaint that Beijing’s economic model and trade practices put American companies and workers at an unfair competitive disadvantage By FATIMA HUSSEIN and KEN MORITSUGU Associated Press April 5, 2024, 11:27 PM ET • 4 min read GUANGZHOU, China — U.S. […]
GUANGZHOU, China (AP) — The U.S. and China agreed to hold talks that will address a key American complaint about China’s economic model, Treasury Secretary Janet Yellen said on the second day of an official visit to China. The two sides will hold more talks and create two new economic groups dedicated to growth in […]
David Paul Morris/Bloomberg/Getty Images Janet Yellen, US Treasury Secretary, prior to a meeting with Chinese Vice Premier He Lifeng in San Francisco on November 10, 2023. Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter . . .
When Treasury Secretary Janet L. Yellen traveled to Beijing last summer, her mission was to re-establish a dialogue between the world’s largest economies and stabilize a relationship that appeared to have reached rock bottom. The United States and China created formal economic working groups to keep the conversation going. Months later, Ms. Yellen met with […]
‘Bearing the Cost’ research shows gender, racial wage gap costs billions annually WASHINGTON – New research released today by the U.S. Department of Labor reveals that Black women lost $42.7 billion in wages compared to white men in 2023, and Hispanic women lost $53.3 billion in wages. These losses are driven entirely by the fact that […]
WASHINGTON (AP) — Black Americans have endured considerable injustices and barriers to prosperity and equality throughout U.S. history. But their social, economic and political advances in the 60 years since the enactment of major civil rights legislation have been unsatisfactory, according to a new annual study on racial progress. The “ State of Black America […]
FILE – National Urban League president and CEO Marc Morial speaks at the National Urban League Annual Conference, July 22, 2022, in Washington. Black Americans have endured considerable injustices and barriers to prosperity and equality throughout U.S. history. But their social, economic and political advances in the past 60 years have been unsatisfactory. That’s according […]
Members Take Action Nationwide On July 20, the Teamsters joined other national labor organizations and racial and social justice groups in a national “Strike for Black Lives.” Hundreds of Teamsters in various industries held protests in 15 cities across the U.S., joined by thousands more who walked off of their jobs for eight minutes and […]