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Runaway cost of college hurts Americans more than the China trade war

Private-college tuition is rising at more than twice the rate of U.S. inflation, writes Brett Arends.

8 min ago
‘Whiff of U.S. recession’? It’s in the air again amid China trade fallout

The U.S. economy has taken a turn for the worse — and it doesn’t look like things will get much better anytime soon. Here’s why.

4:33 p.m. Today
Democratic presidential hopeful Swalwell goes on Fox News so his parents can see him

California House member Eric Swalwell, at 38 the Democratic field’s second youngest entrant, talks gun violence, student debt and his parents’ Trump-Pence refrigerator magnet.

11:16 a.m. Today
Four years, $13 million and dozens of hands: How ‘affordable housing’ gets made in America

As gentrification sweeps through many U.S. cities, including Washington D.C., more residents have trouble finding affordable housing. Each community is slightly different, but the national approach to creating more housing that low- and moderate-income people can afford is all-American: a patchwork quilt of public and private initiatives.

9:29 a.m. Today
Watch Theresa May’s emotional farewell: ‘I have done everything I can’

The embattled British Prime Minister got teary towards the end of her resignation speech.

9:13 a.m. Today
Farmers ride the gravy train as Trump boosts welfare to the Heartland

Between this year and last, U.S. farmers will receive about $27 billion in so-called aid because of the president’s damaging policies.

8:46 a.m. Today
Trump nominates head of police union that endorsed him to lead the ATF

President Donald Trump on Friday said he will nominate Kenneth Canterbury, Jr., the president of the National Fraternal Order of Police, to be the director of the Bureau of Alcohol, Tobacco, Firearms, and Explosives. Canterbury has led the nation's largest police union since 2003.

4:52 p.m. May 24, 2019
Trump Today: President announces plan to deploy troops to Middle East as Iran tensions simmer

As tensions with Iran escalate, President Donald Trump on Friday announces that the U.S. would send an additional 1,500 troops to the Middle East.

4:16 p.m. May 24, 2019
Mortgage rates slide to match the lowest of 2019 as trade war heats up

Rates for home loans fell again, in what should be a bonus for home shoppers, if they could find homes to buy and scrape together a down payment.

4:14 p.m. May 24, 2019
Intelligence director Coats says spy agencies will cooperate with DOJ review

Director of National Intelligence Dan Coats said Friday that U.S. spy agencies will give the Justice Department information for a review of intelligence activities related to Russian interference in the 2016 election. In a statement Coats said he was confident that Attorney General Bill Barr would work with those agencies to protect "highly-sensitive classified information" that could risk national security if released. President Donald Trump has given Barr authority to review and potentially release classified information. Trump has claimed his campaign was a victim of spying.

4:09 p.m. May 24, 2019
Size matters: tracking the economy through new-home square footage

A chart of the median size of newly-constructed homes shows that the current housing cycle has peaked, though it doesn’t say when the housing market will finally roll over.

4:03 p.m. May 24, 2019
New rule would let U.S. companies sue foreign rivals over currency weakness

U.S. companies would be able to seek penalties against foreign competitors they say benefit from artificially weak currencies, under a new rule proposed by the Trump administration.

3:55 p.m. May 24, 2019
Trump invokes emergency arms sales authority to counter Iran

The Trump administration on Friday invoked a rarely used provision of American arms control laws to sidestep Congress and authorize billions of dollars in weapons sales to key Middle East allies, raising regional tensions and angering lawmakers who characterized the decision as an abuse of power, according to congressional sources.

2:41 p.m. May 24, 2019
This parliamentary election is the EU’s most vote important ever

For the first time, this vote is really about differing visions of what the European Union should be.

2:10 p.m. May 24, 2019
Why the Fed should ignore calls to cut interest rates because inflation is too low

The Federal Reserve is right to say inflation is on target — when correctly viewed.

1:50 p.m. May 24, 2019
Poof! Trump investment boom is gone

The Trump investment boom is gone. Businesses are now investing at the same slow pace that prevailed at the end of the Obama presidency.

12:04 p.m. May 24, 2019
Disaster-aid bill stalls in House as Republican objects

A $19 billion disaster-aid package stalled in the House of Representatives on Friday after passing the Senate on Thursday. Most lawmakers have left Washington for the Memorial Day recess, and Rep. Chip Roy, a Texas Republican, objected to a so-called unanimous consent request. Roy's objection delays consideration of the bill until at least June 3, when lawmakers return. The measure helps a number of states and Puerto Rico recover after a series of hurricanes, floods and wildfires.

11:19 a.m. May 24, 2019
Dwindling population and disappearing jobs is the fate that awaits much of rural America

Yes, there are many struggling metropolitan regions, but, writes Iowa State economist David Swenson, there are many more midsized and rural counties wrestling with decline.

11:10 a.m. May 24, 2019
Trump administration moves to roll back protections for transgender patients

The Trump administration on Friday moved to roll back health-care protections for transgender patients by replacing an Obama-era policy that expanded nondiscrimination protections.

10:10 a.m. May 24, 2019
Durable-goods orders slump in April as business investment almost dries up

Orders for durable or long-lasting goods fell 2.1% in April, largely because of falling demand for Boeing airplanes and new cars and trucks. Business investment also continued to weaken, reflecting worries about the China trade fight and a slower U.S. economy.

10:05 a.m. May 24, 2019
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