Category: Business & Economy

More than a week after President Trump threatened to slap a 20% tariff on auto imports from the European Union, Brussels has issued a written warning to the US Department of Commerce with a threat of its own: If the Trump administration moves ahead with the auto tariffs, the bureaucrats in Brussels won’t hesitate to respond with tariffs on $300 billion in US goods…

An inside look at how blockchain technology might blow up the financial service and banking industries.

As the report marks its 30th anniversary, this year’s report suggests the housing market is overbought, immobile, and unequal. The influential Harvard think tank even believes the American housing sector is broken, as “income inequality has helped to fuel today’s housing affordability challenges.”

A new report from WalletHub, the personal-finance website, showed a considerable amount of Americans repaid $40.3 billion in credit card debt during the first quarter of 2018 — the second-largest quarterly payoff ever.

The high cost of living and tepid wage growth remain key concerns for households, but not enough to hold back consumer activity which accelerated.