Author: DONNA BORAK, CNN

Details of interim US-China trade deal remain unknown

After a year-and-half of fraught negotiations that has slowed global growth and hurt American farmers and consumers, the United States and China have reached an interim trade deal bypassing an economic calamity -- for now.

Trade deals remain elusive for Trump

President Donald Trump is approaching the end of another year without closing on either of the two big trade priorities he campaigned on in 2016 -- a comprehensive deal with China and a renegotiated North American Free Trade Agreement.

Trump again dangles a promise of tax cuts

President Donald Trump is reviving last year's promise to slash taxes for America's middle class as he seeks to bolster his reelection bid against Democratic pledges to help people suffering under piles of student loan debt and wrestling to pay oversized medical bills.

US deficit estimated to hit $1 trillion for 2020, CBO says

The Congressional Budget Office raised its estimate of the projected federal budget deficit Wednesday and is now predicting that the deficit will reach $960 billion for the 2019 fiscal year, which ends on September 30, and reach $1 trillion for the 2020 fiscal year.

Bad economic news raises political risks for Trump

President Donald Trump enjoyed a brief stock market bounce after deciding to delay his threatened tariffs on Chinese-made cell phones and toys, but Wednesday's very bad day for the US stock market underscored the grim economic reality facing the President as he runs for reelection.

US budget deficit rises 27% through July

The US budget deficit widened to $867 billion for the first 10 months of the fiscal year, an increase of 27% over this time last year, the Treasury Department reported Monday.

How Jerome Powell stopped a US default in 2011

In May of 2011, then-Treasury Secretary Tim Geithner issued a stark warning letter to Congress: the US government had hit the debt limit and would no longer be able to pay its bills past August 2. That gave Congress exactly 11 weeks before America's wallet would be empty.

Fed chair: I won't leave if Trump asks me to quit

Federal Reserve Chairman Jerome Powell defiantly said Wednesday he would not accept being fired by President Donald Trump, who has waged an unprecedented public pressure campaign on the central bank.