The GDP rose by only 1.9 percent, and finished at just 1.6 percent for all of 2016, the worst in five years.
u.s. economy
Report shows entrepreneurship on the rebound, but still dominated by older, white men
The Kauffman Foundation report also shows that startups are leaving the heartland and employing fewer people.
Commentary: Trade wars will not help manufacturing, but smart policies would
They don’t make great soundbites, but smaller, targeted policies would go a long way.
Macy’s earnings drop nearly 13% on low sales
As consumers buy more from online giants such as Amazon, the nation’s largest department store chain shutters stores and tries to adapt its brand and Web presence.
Another View: A rise in the interest rate could boost the economy
The Federal Reserve would be pushing patience too far if it opts not to do so come March.
We must resist attempts to roll back the EPA and the laws it enforces
If you want to see how bad our environment could become, look at China, Mexico, India or Russia.
Another View: Dodd-Frank hasn’t hurt economy – and in fact it probably helped
Both the economy as a whole and the auto industry rallied strongly under President Obama’s guidelines after the Great Recession.
Another View: Massive anti-corruption protests show Romanians’ strength
Meanwhile, in the U.S., it’s unclear whether the Cabinet nominated by President Trump will be more honest in office because they’re already rich.
Another View: Dow’s 20,000 peak isn’t a vote of confidence in Trump’s economic policy
More money for investors doesn’t automatically translate into more prosperity for everyone.
Trump’s proposed tax on Mexico-made cars would be shock for U.S. industry
American automakers would face hard choices on how to offset the cost, where to build plants, profit levels and more.