Scott Horsley

President Trump tweeted Thursday that the U.S. is "very close" to striking a trade deal with China. That would be a relief to businesses, bracing for another round of tariffs this weekend.

Democrats and organized labor have signaled their support for an updated version of the North American Free Trade Agreement. It's a rare, bipartisan accomplishment at a time of deep division.

The AFL-CIO president praised the agreement, which includes stronger enforcement of labor and environmental provisions. One lawmaker called it "a triumph for workers everywhere across America."

The Trump administration is taking aim at the World Trade Organization. The president is refusing to approve WTO appellate nominees, hampering its ability to serve as a trade referee.

U.S. employers added a better-than-expected number of jobs last month, boosted in part by the return of General Motors workers who had been on strike in October. The unemployment rate fell to 3.5%.

The U.S. economy is still growing, but trade tensions have taken a toll — especially on factories and farms. The trade war's impact on the overall economy is being debated.

The share of total income of the top 1% of earners in the U.S. more than doubled over four decades. But in Europe, the gains were less dramatic. What accounts for the difference across the Atlantic?

President Trump's trade war is heating up again, with threats of new tariffs on France, Brazil and Argentina. The sudden shifts have rattled investors, who'd come to believe a truce was near.

President Trump on Monday tweeted that he's reimposing steel and aluminum tariffs on the two countries. The new tariffs turn up the heat on what was already a simmering trade war.

The trade war with China is weighing on America's manufacturers. "[The tariff burden] comes out of our bottom line," says Dan Digre, president of Misco, a speaker-maker in Minnesota.

President Trump signed a bill Wednesday showing support for pro-democracy demonstrators in Hong Kong. But in an effort to avoid upsetting delicate trade talks, the president soft-pedaled the message to mainland China.

President Trump says he stands with democracy demonstrators in Hong Kong. But he stopped short of pledging support for a pro-Hong Kong bill, saying it could complicate trade talks with China.

More Americans are staying put than ever before. The Census Bureau reported this week that the mobility rate has fallen to its lowest level on record — about half the rate of three decades ago.

President Trump wants the Federal Reserve to keep cutting interest rates. But the central bank has signaled it's done cutting rates for now, unless the economy takes a turn for the worse.

President Trump says a mini trade agreement with China could happen "soon," but he offered no guarantees. In a speech to the Economic Club of New York, Trump downplayed the cost of his trade war.

A spokesman for China's Commerce Ministry says the U.S. and China have agreed to roll back some tariffs while moving toward the first phase of a trade agreement. But the deal is not final.

China and 14 other countries have agreed on a tentative trade pact. The U.S. is not part of the agreement and critics say that puts the country at a disadvantage in a fast-growing part of the world.

The stock market rallied Friday after a better-than-expected jobs report. U.S. employers added 128,000 jobs in October, despite the General Motors strike, which idled tens of thousands of workers.

U.S. employers added 128,000 jobs last month. The unemployment rate inched up to 3.6%. The drop in job creation reflects a slowing economy, but a strike at General Motors was also a factor.

The Federal Reserve cut interest rates by a quarter percentage point Wednesday, in an effort to support an economy that continues to tap the brakes. Economic growth in the third quarter was just 1.9%.