US coal producers welcomed President Trump’s decision on Thursday to pull the US out of the Paris climate deal. But the move drew criticism from other business executives, who said it would hurt US companies’ ability to work abroad and inhibit innovation. Mr Trump cast his move as part of a bigger ‘America first’ agenda, … Read more
Donald Trump’s Republican allies applauded the president Thursday for announcing an end to US participation in the Paris climate deal — a move his core supporters demanded, even though most Americans are taking climate change more seriously. The US public is generally hostile to the idea of exiting an accord that committed its signatories to … Read more
Federal Reserve Chair Janet Yellen said Friday another interest rate increase could be “appropriate” later this month if US employment and inflation remain in line with expectations. Yellen also defended the Fed’s performance, saying it has not been too slow to raise the benchmark lending rates, given the tepid recovery and sluggish inflation. The US … Read more