President Donald Trump said Friday he had cancelled a military parade planned for November due to high costs — hours after the Pentagon indefinitely postponed the much-maligned event — and would instead head to Paris for ceremonies marking the end of World War I.
The United States may jack up the tariff rate on the next $200 billion in Chinese imports it plans to target as it pressures Beijing to reform its trade practices, US officials said Wednesday.
President Donald Trump on Friday hailed roaring US economic growth as a "miracle," and said the quickest expansion in almost four years was a vindication of his economic agenda.
A global stocks rally gathered steam Monday, fueled by economic optimism, while the British foreign minister's sudden resignation over Brexit depressed the pound.
The US Federal Reserve raised the benchmark lending rate on Wednesday, the second increase of the year, and signaled two more hikes were coming in 2018 and four in 2019, a possible sign of concern about accelerating inflation.
Just hours ahead of his historic summit with North Korean leader Kim Jong Un, US President Donald Trump lauded his economic policy its impact on the American stock market.
The applicants for a project located at 9908 South Santa Monica Boulevard will come before the Planning Commission Thursday to request a Residential Overlay Zone have submitted a modified project for consideration, with 27 luxury condominiums, an increase from 3,541 to 10,500 square feet of ground floor retail in a commercial zone, an FAR increase from 2.59 to 2.87:1, and other changes, many of which are not reflected in the schematic submitted to planning staff.
The US central bank on Wednesday raised the benchmark interest rate for the third and final time this year, and indicated it was not likely to be more aggressive next year, at least for now.
Wall Street was back in rally mode Monday, with the Dow and S&P 500 finishing at records as Apple, Facebook and other tech shares posted strong gains.
The US Federal Reserve raised its benchmark interest rate by a quarter point to 1.0-1.25% on Wednesday and signaled another increase remains likely this year, despite the recent spate of weak economic data.