U.S. goods trade deficit with China hit a five-year low during the month of March, according to a recent article by Reuters. With trade tensions between the two countries and the 25% tariff on $200 billion worth of Chinese goods, President Trump's actions and push for the "America First" narrative have caused harm to the global economy.With tariffs...

China and the U.S. continued trade talks May 1, and the discussions and negotiations will continue into the next week, according to a recent article by Reuters. U.S. Treasury Secretary Steven Mnuchin called the talks "productive" as the two countries remain in a trade war.Both China and the U.S. noted progress had been made on a few contentious top...

Short Items of Interest—US EconomyPersonal Income and Spending Data Today—In the wake of the better than expected GDP data issued last week, there will be considerable attention focused on a couple of data points that will be released today. One of these is personal income and the other is consumer spending. Thus far the rise in personal income has...

Housing starts saw a slight fall during the month of March, falling for the second month in a row, according to Wells Fargo. Of the past seven months, six saw declines. Wells Fargo attributes some of this fall to poor weather conditions during the end of 2018, while lower mortgage rates have only seen "limited success" at breathing life back into t...