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In the News

Larry Kudlow: No recession in sight, maybe not until 2024

CNNMoney.com, the business website of CNN, combines business news and in-depth market analysis with practical advice and answers to personal finance questions.

EU and Japan sign trade deal covering a third of the world's economy

Read full story for latest details.

Texas to pass Iraq and Iran as world's No. 3 oil powerhouse

The European Union and Japan signed a huge free trade deal on Tuesday that covers 600 million people.

CEOs are dumping stock in their companies. Here's what that means

The shale oil boom has brought a gold rush mentality to Texas, home to two massive oilfields.

China's economy slows just as the trade fight begins

Read full story for latest details.

Looking for a home in Berlin or Budapest? Prepare to pay more

There are more signs that China's economy is slowing as its trade fight with the United States escalates.

Fed is ready to keep raising rates, but faces a list of uncertainties

Europe took 11 of the top 20 spots on a ranking of cities with the largest price increases in the first quarter, according to global property agency Knight Frank.

Minimum wage since 1938

Any surprising twist could snag the Fed's plans to continue to gradually raise rates this year, and next, as it continues its path toward a more normalized policy a decade after the financial crisis.

Wall Street's $6.3 trillion man is worried about a trade war

When the federal minimum wage first became law in 1938, it was 25 cents. Adjusted for inflation, that would be worth $4.19 today. Scroll over the chart to see historical minimum wage amounts, and their corresponding values in today's dollars.

Countries with higher wages than the U.S.

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Prices are rising faster than they have in six years

Some Republicans say high wages in the U.S. are hurting America's global competitiveness. See the countries where wages are even higher.

Britain wants to do more business with America. Its plan for Brexit won't help

Read full story for latest details.

Wells Fargo's scandals are hurting its bottom line

The UK plan to keep close ties with the European Union after Brexit could make it impossible to strike a trade deal with the United States.

Why investors should worry about plunging copper and soybean prices

Read full story for latest details.

Europe says trade fight with US will hurt economic growth

Wall Street might not be freaking out about the trade war between China and the United States, but serious cracks are forming in commodities.

US-China trade brawl threatens America's booming oil exports

The European Union has cut its forecast for economic growth in 2018 to 2.1%, down from a prediction of 2.3% in May.

The US is fighting one of the world's poorest countries over trade

China is America's second-biggest crude oil customer, making the burgeoning trade war a threat to soaring oil exports.

Foreign investment in the United States plunged 32% in 2017

Read full story for latest details.

Germany isn't the only country that still needs cheap Russian gas

Read full story for latest details.

Trade war? Here's what investors should really be worried about

Russian gas is a thorny issue in Europe, where many countries continue to rely on Moscow for much of their energy imports.

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