Sunday October 21, 2018
| Last update: Saturday at 1:08 PM
BY Masao Suzuki | San José, CA | 10/17/18
On October 15, the U.S. Treasury department said that the federal government budget deficit for Fiscal Year 2018 soared 17% from the previous year, to $779 billion.
BY Masao Suzuki | San José, CA | 10/13/18
On Wednesday and Thursday, October 10 and 11, U.S. stock markets slumped, with the widely followed Dow Jones Industrial Average or Dow down over 800 points on Wednesday and another 500 points on Thursday.
stock market
BY Fight Back! Editors | United States | 10/07/18
On, Sept. 30, Canada agreed to changes in NAFTA pushed by the Trump administration following an earlier agreement by Mexico. The New NAFTA still needs to be approved by the legislators of all three countries, and a vote is not expected in the U.S. Congress until early next year. Wall Street seemed satisfied with the agreement, with most U.S. stock market indices going up the next day.
BY staff | Washington, DC | 9/19/18
Contract negotiations between United Steelworkers (USW) and U.S. Steel have failed to make headway after an overwhelmingly successful strike authorization vote took place earlier this month. In what has been described by the negotiating committee as a “frustrating series of negotiations,” the company continues to offer the same concessionary proposals by shifting around wages, benefits and bonuses.
BY Masao Suzuki | San José, CA | 9/18/18
On Sept. 17, President Trump announced that tariffs of 10% will be slapped on $200 billion of Chinese goods starting Sept. 24. These tariffs will rise to 25% at the beginning of 2019.
BY Steff Yorek | United States | 9/13/18
Hurricane Florence is about to make landfall on the Carolina coast.
BY Freedom Road Socialist Organization | United States | 8/10/18
Fight Back News Service is circulating the following resolution on the economy, that was adopted at the 8th Congress of Freedom Road Socialist Organization (FRSO).
BY Masao Suzuki | San José | 7/11/18
San José, CA - While most Americans won’t have a ‘white Christmas’ this year, many of us will be looking forward to the displays of lights on many homes and businesses. Now the Trump administration’s escalating trade war with China threatens to dim this coming holiday celebrations - or at least make them more expensive.
BY Jess Schwartz | New York, NY | 7/05/18
On June 5, fashion designer Kate Spade died via suicide. Three days later, chef and TV personality Anthony Bourdain also committed suicide. Along with his TV show, Bourdain was a supporter of Palestine and the #MeToo movement, as well as openly criticizing Henry Kissinger for his foreign policy.
BY Masao Suzuki | San José, CA | 6/26/18
U.S. stock markets fell again, June 25, as trade war worries continued to weigh on investors.
stock market
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