By exempting Mexico and Canada from new tariffs, President Donald Trump is hoping to incentivize those nations to strike a fair deal on the North American Free Trade Agreement, Commerce Secretary Wilbur Ross told CNBC on Thursday. “There’s no question that the action the president took today is a further […]
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Which states and industries have the most jobs? A CareerBuilder survey breaks it down
Big states with multiple industries have been the fastest to recover from the Great Recession of of 2007-2009, while several small states are still recovering, Matthew Ferguson, chief executive officer of CareerBuilder, told CNBC. “Think about those two sets of states,” Ferguson said Thursday on “Power Lunch.” “Bigger states with […]
Trump to sign tariffs that exempt Canada and Mexico and leave door open to other countries
President Donald Trump, following through on one of his most controversial campaign promises, will sign two proclamations Thursday that implement tariffs on imported steel and aluminum but exempt Canada and Mexico. The president scheduled a ceremony at 3:30 p.m. ET in the White House’s Roosevelt Room, surrounded by workers who […]
Watch: Trump signs executive orders enacting broad tariffs
[The stream is expected to start at 3:30 p.m., ET. Please refresh the page if you do not see a player above at that time.] President Donald Trump is slated to sign executive orders on Thursday enacting broad new tariffs on steel and aluminum imports. The executive proclamations will apply […]
Mexican peso, Canadian dollar jump on report countries will be exempt from tariffs
The Mexican peso and the Canadian dollar rose against the U.S. dollar on Thursday on the back of a report that said Canada and Mexico will be exempt from proposed tariffs on steel and aluminum imports. The peso traded 0.4 percent higher at 18.639 against the U.S. dollar, erasing earlier […]
White House set to host followup meeting Monday on biofuels
The White House has preliminary plans to host on Monday the latest in a string of meetings between rivals in the corn and oil industries to discuss how to help refiners cope with the rising costs of complying with the nation’s renewable fuel laws, two sources familiar with the planning […]
Senate banking bill could help students saddled with debt
Student loan borrowers could get some wiggle room when it comes to repaying private loans, thanks to two new proposals in the Senate banking bill. The provisions in the proposed bill would adjust how private student loan lenders treat the death or bankruptcy of co-signers, as well as how defaults […]
10 inspiring TED Talks by world-changing women leaders
From tech and media executives to athletes and literary legends, today’s most influential women have been making strides for gender equality in their respective industries. For many, including Sheryl Sandberg, Melinda Gates and Arianna Huffington, remaining silent on women’s issues is no longer an option. In honor of International Women’s […]
Trump’s tax cuts are taking a backseat in critical Pennsylvania election
In a trip to western Pennsylvania in January, President Donald Trump promoted the recently passed GOP tax plan as a boon to workers and businesses in a region that helped to propel him to the White House. The president trumpeted “tremendous tax relief” for families. Trump brought an employee of […]
Trump says he still likes Gary Cohn, might come back to the White House
President Donald Trump said on Thursday White House chief economic advisor Gary Cohn’s departure from his administration may be temporary. “This is Gary Cohn’s last meeting of the cabinet. He’s been terrific. He may be a globalist, but I still like him,” Trump said. “I have a feeling you’ll be […]