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US economy defies slowdown fears with 3.2% first quarter growth

Strong reading comes despite prolonged government shutdown and trade tensions
FT.com - Published

Southwest Airlines first-quarter profit hit by 737 MAX grounding

Southwest Airlines Co reported a 16 percent drop in quarterly profit on Thursday, saying a U.S. government shutdown, maintenance disruptions and the grounding of its Boeing 737 MAX jets knocked $150..
Reuters - Published

Videos for "Government Shutdown"

Nancy Pelosi Responds To President Trump [Video]Nancy Pelosi Responds To President Trump

On Thursday House Speaker Nancy Pelosi stated that she would be happy to start working with President Donald Trump, but only once he starts acting more presidential. Business Insider reports that House..

Credit: Wochit News     Duration: 00:30Published

House Speaker Pelosi Urges Trump Family 'Intervention' [Video]House Speaker Pelosi Urges Trump Family 'Intervention'

WASHINGTON (Reuters) - U.S. House Speaker Nancy Pelosi said on Thursday that President Donald Trump threw a temper tantrum at a meeting with Democratic congressional leaders a day earlier and that she..

Credit: Wochit News     Duration: 00:55Published

Dead Again: Infrastructure Week [Video]Dead Again: Infrastructure Week

For the seemingly umpteenth time, Infrastructure Week died on Wednesday. But this time it wasn't with a whimper, but a bang. Hopes for a grand $2 trillion infrastructure deal were rapidly vanishing..

Credit: Wochit News     Duration: 00:56Published

Nancy Pelosi And Chuck Schumer Leave White House Meeting Angry [Video]Nancy Pelosi And Chuck Schumer Leave White House Meeting Angry

House Speaker Nancy Pelosi and other top Democrats left a White House meeting angry. President Donald Trump refused to work on infrastructure as long as there were investigating him. Senate Minority..

Credit: Wochit News     Duration: 00:32Published

Disaster Relief Package Coming Right Up [Video]Disaster Relief Package Coming Right Up

On Monday Senate Appropriations Chairman Republican Richard Shelby is giving in on his demand to add a key provision to the long-stalled disaster aid bill, potentially clearing the way for passage..

Credit: Wochit News     Duration: 00:30Published

Senate GOP Delays 'Lights On' Bill Vote Amid Budget Talks [Video]Senate GOP Delays 'Lights On' Bill Vote Amid Budget Talks

With budget negotiations at a sensitive stage, the Republican-controlled Minnesota Senate held off Friday evening on passing a measure to prevent a state government shutdown, Pat Kessler reports..

Credit: CBS 4 WCCO Minnesota     Duration: 02:22Published

Trump Says 'Good Chance' Democrats Will Back His Immigration, Border Plan [Video]Trump Says 'Good Chance' Democrats Will Back His Immigration, Border Plan

According to Reuters, President Donald Trump on Friday acknowledged he would need some support from Democrats to support his immigration and border agenda. A day after unveiling a plan to shift to a..

Credit: Wochit News     Duration: 00:39Published

Trump Says 'Good Chance' Democrats Will Back Immigration Plan [Video]Trump Says 'Good Chance' Democrats Will Back Immigration Plan

On Friday, President Donald Trump said there was a “good chance” Democrats would back his immigration and border protection plans. According to Reuters, in a series of early-morning tweets, Trump..

Credit: Wochit News     Duration: 00:56Published

Mar-a-Lago business made less money in 2018 than 2017 [Video]Mar-a-Lago business made less money in 2018 than 2017

President Donald Trump often visits his Mar-a-Lago resort but it doesn't seem to be helping business. According to Politico, the Florida estate made $22 million in revenue in 2018, almost $3 million..

Credit: Rumble     Duration: 00:32Published

U.S. Speaker Pelosi Opens The Door For Emergency Funds To Address Migrant Surge [Video]U.S. Speaker Pelosi Opens The Door For Emergency Funds To Address Migrant Surge

According to a report by Reuters, on Thursday, US House Speaker Nancy Pelosi opened the door for President Donald Trump's proposal for emergency funds to address a migrant surge at the US-Mexico..

Credit: Wochit News     Duration: 00:34Published

Mar-a-Lago Business Made Less Money In 2018 Than 2017 [Video]Mar-a-Lago Business Made Less Money In 2018 Than 2017

President Donald Trump often visits his Mar-a-Lago resort but it doesn't seem to be helping business. According to Politico, the Florida estate made $22 million in revenue in 2018, almost $3 million..

Credit: Wochit     Duration: 00:32Published

Trump, Dems find common ground on infrastructure [Video]Trump, Dems find common ground on infrastructure

U.S. President Donald Trump and Democratic leaders agreed on Tuesday to spend $2 trillion on roads, bridges, water, broadband and power grids, and will meet again in three weeks to discuss how to pay..

Credit: Reuters Studio     Duration: 01:56Published

Democrats Insist On 'Substantial' New Revenue For U.S. Infrastructure [Video]Democrats Insist On 'Substantial' New Revenue For U.S. Infrastructure

According to Reuters, top Democrats in Congress told U.S. President Donald Trump on Monday that the United States has “massive” infrastructure needs which must be met with “substantial, new and..

Credit: Wochit News     Duration: 00:34Published

President Trump Has Made More Than 10,000 False or Misleading Claims: Washington Post [Video]President Trump Has Made More Than 10,000 False or Misleading Claims: Washington Post

President Trump just hit a major milestone of his presidency. Veuer's Nick Cardona has that story.

Credit: Veuer     Duration: 01:02Published

U.S. economy surges 3.2 percent in first quarter [Video]U.S. economy surges 3.2 percent in first quarter

The U.S. economy accelerated in the first three months of the year, fueled by a rebound in local and state government spending, as well as temporary factories tied to trade. Conway G. Gittens reports.

Credit: Reuters - Business (Amazon FireT     Duration: 01:26Published

Trump's Job Approval Rating Jumps 2 Points, The Story Behind It [Video]Trump's Job Approval Rating Jumps 2 Points, The Story Behind It

President Trump’s job approval rating jumps 2 percentage points, according to a new poll.

Credit: Veuer     Duration: 01:00Published

Goldman Sachs Beats Estimates [Video]Goldman Sachs Beats Estimates

REUTERS/Brendan McDermid The bank’s total revenue, however, fell 13 percent in the first quarter and missed analysts’ estimates, with three of its four main businesses recording a drop in revenue...

Credit: Rumble     Duration: 00:43Published

Houston Girl Faces Deportation Back To El Salvador Alone [Video]Houston Girl Faces Deportation Back To El Salvador Alone

An 11-year-old girl in Houston is facing deportation back to El Salvador -- alone. This is according to an immigration rights group and a family that blames the government shutdown earlier this year..

Credit: CBS 11 Dallas     Duration: 00:27Published

US House Democrats Accuse Trump Of Making Border Crisis Worse [Video]US House Democrats Accuse Trump Of Making Border Crisis Worse

U.S. House of Representatives Democrats accused President Donald Trump for making the border crisis worse. They say Trump isn’t using funds available to help deal with the large amount of migrants..

Credit: Wochit News     Duration: 00:32Published

Pelosi Still Sees Trump as Potential Immigration Ally, Calls for Comprehensive Reform [Video]Pelosi Still Sees Trump as Potential Immigration Ally, Calls for Comprehensive Reform

Despite differences over border wall funding that resulted in a government shutdown, Nancy Pelosi still thinks that President Trump can be an ally when it comes to immigration reform. Veuer's Justin..

Credit: Veuer     Duration: 01:11Published

Kirstjen Nielsen's Replacement May Be Tougher On Immigration [Video]Kirstjen Nielsen's Replacement May Be Tougher On Immigration

Kirstjen Nielson carried out some of the toughest immigration policies in DHS' history, but it wasn't enough for Trump.

Credit: Newsy Studio     Duration: 02:13Published

Southwest Wildfire Awareness week starts Sunday [Video]Southwest Wildfire Awareness week starts Sunday

After being pushed back because of the government shutdown, Arizona Department of Transportation's proposed corridor Interstate 11 Draft Environmental Impact Statement is available for public review.

Credit: KGUN, Tucson, AZ     Duration: 01:13Published

ADOT proposed corridor I-11 environment statement available [Video]ADOT proposed corridor I-11 environment statement available

After being pushed back because of the government shutdown, Arizona Department of Transportation's proposed corridor Interstate 11 Draft Environmental Impact Statement is available for public review.

Credit: KGUN, Tucson, AZ     Duration: 00:56Published

Homeland Security Secretary Nielsen Resigns [Video]Homeland Security Secretary Nielsen Resigns

WASHINGTON (Reuters) - U.S. Homeland Security Secretary Kirstjen Nielsen, who became best known for defending President Donald Trump’s policy of separating migrant children from their parents, said..

Credit: Wochit     Duration: 00:38Published

The US Job Market Rebounded In March [Video]The US Job Market Rebounded In March

New data from the Labor Department shows the U.S. economy added 196,000 jobs in March, up from just 33,000 the previous month.

Credit: Newsy Studio     Duration: 00:46Published

 

U.S. may follow China with first quarter GDP upside surprise

A temporary government shutdown with no end in sight, rising trade conflicts and a global growth slowdown: the first quarter outlook for the U.S. economy did not look promising at the turn of the year.
Reuters - Published

American Airlines trims first-quarter forecast for unit revenue

American Airlines Co Group Inc said on Tuesday its first-quarter revenue per available seat mile would be below its previous forecast due to the groundings of its 24 Boeing 737 MAX 8 planes and the..
Reuters - Published

The Energy Solution That Could End The Border Wall Debate

Since making his initial promises of a border wall on the campaign trail in 2015, United States President Donald Trump has been pushed to back down on the word “wall”. In the past year we’ve hear..
OilPrice.com - Published

Boeing 737: Trump's government shutdown delayed fixes to airplane involved in multiple deadly crashes

Fatal Ethiopian Airlines crash follows multiple warnings from US pilots to Washington during shutdown of 'significantly reduced' oversight
Independent - Published

US jobs report: Hiring plunge and negative economic impact linked to Trump's government shutdown

Experts say businesses lost confidence amid president's border wall shutdown
Independent - Published

Tariffs, government shutdown weigh on still-growing economy: Fed

Slowing global growth and the 35-day partial federal government shutdown weighed on the U.S. economy in the first weeks of 2019, but it continued growing amid still-tight labor markets, the Federal..
Reuters - Published

U.S. leading economic indicators fall in January, some components estimated

The index of U.S. leading economic indicators declined 0.1 percent in January, the Conference Board said on Thursday, but it advised that some of the components of the index were estimated due to the..
Reuters - Published

Government shutdown drags on Southwest outlook

Shares in Southwest and other airlines slumped on the weaker revenue forecast.
FT.com - Published

Southwest probes cancellations, says shutdown cost $60 million

Southwest Airlines Co added a $60 million hit from the recent U.S. government shutdown to its list of headaches on Wednesday as it investigated whether a conflict with its mechanics union was adding to..
Reuters - Published

Southwest cuts growth forecast on government shutdown pain

Southwest Airlines Co cut its forecast for first-quarter revenue per seat mile on Wednesday, citing weak passenger demand and a $60 million hit to first-quarter sales from the longest partial U.S...
Reuters - Published

Trump's government shutdown could hinder IRS tax collection for 'months, and even years'

Official warns damage to agency causes distrust and 'real harm to taxpayers'
Independent - Published

National emergency: What powers has Donald Trump invoked to bypass Congress?

President averts second government shutdown by signing new funding bill but declares crisis measures to ensure southern border wall built
Independent - Published

Trump declares national emergency to access border wall funding, setting stage for legal battles

Donald Trump is signing a federal funding bill to avoid another government shutdown and announcing a series of executive actions along the US-Mexico border, including the declaration of a national..
Independent - Published

House passes border security bill, sends to Trump

The U.S. House of Representatives on Thursday approved a bipartisan border security bill aimed at averting a government shutdown and sent it to President Donald Trump, including new barriers for part..
Reuters - Published

House advances border security funds toward final passage

The U.S. House of Representatives on Thursday approved the rules for debating a bill to avert another partial federal government shutdown by funding several agencies but denying President Donald..
Reuters - Published

Trump retreats on border bill but vows emergency declaration to get wall

President Donald Trump will sign a border security and federal spending bill to avert another government shutdown but also will declare a national emergency to try to obtain funds for his promised..
Reuters - Published

Trump to sign border bill, declare emergency seeking wall funds

President Donald Trump will sign a border security bill to avert another government shutdown, but also declare a national emergency to try to obtain funds for his promised U.S.-Mexico border wall, a..
Reuters - Published

U.S. Congress poised to vote on border measure without Trump wall

The U.S. Congress on Thursday aimed to end a dispute over border security with bipartisan legislation that would avert another partial government shutdown but does not give President Donald Trump the..
Reuters - Published

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