• Reuters: Poorer Americans Fleece Savings, Borrow More as Debt Mounts
  
  By almost every measure, the U.S. economy is booming. But a look behind the headlines of roaring job growth and consumer spending reveals how the boom continues in large part by the poorer half of Americans fleecing their savings and piling up debt.
• Jamie Dimon: Trump Tariffs Could Kill Economic Boom
  
  President Trump is considering another round of tariffs on China, this time on $200 billion worth of goods, and the Commerce Department is investigating auto imports.
• Trade Tensions Threaten Global Economic Growth, G-20 Cautions
  
  Trade tensions threaten global growth as the engines of leading economies fall out of sync, the world's top finance chiefs warned.
• Treasury Secretary: Trump Not Threatening Fed's Independence
  
  U.S. President Donald Trump fully supports the independence of the Federal Reserve and is not trying to interfere in the foreign exchange market, Treasury Secretary Steven Mnuchin told reporters in Buenos Aires.
• Fed's Bullard: We Won't Be Swayed by Trump's Comments
  
  The Federal Reserve will remain unaffected by President Donald Trump's comments on U.S. monetary policy and is focused on achieving the goals set for it by Congress, St. Louis Federal Reserve Bank President James Bullard said on Friday.
• Relief in Sight for Homebuyers in High-Priced West Coast Cities
  
  It's been tough being a homebuyer on the West Coast. Prices have been surging for years as house hunters fight for the few available listings. Now the tide could be shifting.
• Trump Blasts Fed Rate Hikes Again, Says Strong Dollar Hurts US
  
  President Donald Trump lashed out at China and the European Union for their weak currencies and said a stronger dollar and rising interest rates are undermining America’s “competitive edge,” taking a fresh jab at the Federal Reserve. Stocks and the dollar fell.
• Kudlow: Trump 'Not Going to Let Go' of China Trade Dispute
  
  White House economic adviser Larry Kudlow blamed Chinese President Xi Jinping for a lack of progress over U.S-China trade talks, and warned that U.S. President Donald Trump was “not going to let go” of the issue, Axios reported on Friday.
• Trump Says New Workers Council Will Create Nearly 4 Million Jobs
  
  President Donald Trump vowed his new workers' council will help fill 3.7 million jobs.
• Economics Professor: First Born Kids Do Better Than Siblings
  
  Making more money as adults than their younger siblings, first-born children stand a better chance of academic success, according to an economics professor's study.
• Trump Creates Jobs Initiative: 'Pledge to American Workers'
  
  An initiative to "train and retrain more than 3.8 million American students and workers for new jobs and rewarding careers" was unveiled Thursday by President Donald Trump, who asked American companies to make a "pledge to American workers."
• Jobless Claims Decline to Lowest Level Since 1969
  
  Unemployment lines across the U.S. last week were the shortest since December 1969, according to a Labor Department report Thursday that showed an unexpected drop in filings for jobless benefits. Highlights of Jobless Claims (Week ended July...
• Bank of the West: 70% of Millennials Regret Buying Homes
  
  Nearly 70 percent of millennial homebuyers are reportedly already regretting their purchase.
• Food-Stamp Use Is Still at Recession-Era Levels Despite Job Gains
  
  Judging by the number of Americans on food stamps, it doesn't feel like one of the best job markets in almost a half century and the second-longest economic expansion on record.
• China: US Blaming Xi for Blocking Trade Deal Is 'Bogus'
  
  China said on Thursday comments made by a senior White House official blaming Chinese President Xi Jinping for blocking progress on a deal to avert a trade war were "shocking" and "bogus" accusations.
• Morici: Market Will Inevitably Burst, Just Don't Know When
  
  The next market bubble burst will inevitably be bigger than the last one because of economic growth, according to University of Maryland economist Peter Morici on Newsmax TV's "Newsmax Now."
• Fed: Tariffs Worry US Manufacturers Nationwide, Raise Prices
  
  Manufacturers across the United States are worried by President Donald Trump's trade policies, which many blame for higher prices and supply disruptions, according to a Federal Reserve survey released Wednesday.
• Trump: US May Pursue Separate Trade Deal With Mexico
  
  President Donald Trump said on Wednesday the United States may hammer out a trade deal with Mexico, and then do a separate one with Canada later, sowing fresh doubts about the future of the North American Free Trade Agreement (NAFTA).
• Kudlow: Trump 'Dissatisfied' With China, Keeping up Trade Pressure
  
  White House economic adviser Larry Kudlow said Wednesday that President Donald Trump was "so dissatisfied" with stalled trade talks with China that he is keeping up the pressure through tariffs. However, Kudlow declined to say whether the United States could win a trade war...
• Fed Chair Powell: US Businesses Already Hurt by Tariffs
  
  Federal Reserve Chairman Jerome Powell, questioned by members of a House congressional committee, repeated on Wednesday that rising world protectionism would over time pose a risk to a U.S. and global expansion that appears largely on track to continue.
• Kudlow: Economic Growth Could Top 4% as 'No Recession in Sight'
  
  White House economic adviser Larry Kudlow said Wednesday that "there's no recession in sight" for the American economy and that President Donald Trump "is on the right track" with his economic agenda.
• Housing Starts Drop 12% to 9-Month Low Amid Property Shortage
  
  U.S. homebuilders sharply curtailed the pace of construction in June as housing starts plummeted 12.3 percent.
• China: US Trade War Biggest 'Confidence Killer' for World Economy
  
  The U.S.-driven trade war has become the biggest "confidence killer" for the global economy, China's foreign ministry warned on Wednesday, saying the whole world would fight back if the United States continued to be "wilful."
• Global Credit Market Has Good News About US Economy
  
  Global debt markets are flashing a bullish signal on America's economic trajectory, leaving Europe and emerging markets in the dust.
• US Senate Approves Fed Governor Quarles to Full Term
  
  The U.S. Senate on Tuesday voted 66-33 to approve a key Federal Reserve official to serve a full term on the central bank's board of governors.

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