The housing sector has slowed in the face of higher interest rates and the domestic energy sector faces a big drop in oil prices that could damp hiring and investment in places like Texas and North Dakota. Your browser does not support HTML5 video. 0:00 / 0:00 Skip Ad in 15 President Trump said he urged General Motors CEO Mary Barra to get back into Ohio, after the company announced Monday it plans to cut jobs and close several plants. Photo: AP The global economy also seems to have lost momentum. Economic output in Germany and Japan contracted in the third quarter, while growth in China is slowing. Financial indicators also suggest investors are growing skittish about the outlook. Stock prices have declined and yields on risky corporate debt have risen relative to yields on safe Treasury debt, a warning sign of slowdown in the past. Consumer spending is […]

Posted in: USA