John Ydstie

The U.S. has been pressured to respond forcefully to the killing of journalist Jamal Khashoggi in Saudi Arabia's consulate in Istanbul, Turkey. Members Of Congress urge sanctions against Saudi Arabia.

The U.S. economy is in a sweet spot, with unemployment at a near 50-year low and an inflation rate that's low and stable. But that combination — low unemployment and low inflation — has economists at the Fed wondering if a theory they've had about how the economy works is still relevant.

Stocks plunged on Wednesday. The Dow Jones Industrial Average fell more than 800 points, about 3.1 percent. The Nasdaq composite was down more than 4 percent at the close.

Exxon Mobil pledges to support passage of a carbon tax. Analysts say the company would rather face a single, overarching tax than a patchwork of taxes and regulation to address climate change.

A jobs report released by the government on Friday showed unemployment falling to 3.7 percent — the lowest rate in nearly 50 years.

President Trump is touting his trade agreement with Mexico, but big questions remain about how much the new rules will change the trade landscape.

Whiskey distillers in the U.S. are concerned EU tariffs will take a big bite out of sales. Many have expanded to meet growing demand and worry what will happen if trade frictions aren't resolved soon.

Commerce Secretary Wilbur Ross said tariffs on U.S. allies were necessary to prevent China from "trans-shipping" goods through those countries. He also said China would not change its policies if the U.S. doesn't continue to apply pressure.

Mary Buchzeiger's auto parts company may be fighting for its life if it doesn't get relief from Trump's proposed tariffs. "They're attacks on U.S. companies that are using Chinese goods," she says.

The U.S. steel industry has enjoyed protection from foreign competitors since the 1790s. It says new import tariffs are actually just leveling the playing field and shouldn't be labeled "protection."