Breaking: President Trump is said to be considering ousting Commerce Secretary Wilbur Ross, NBC News reports. China’s economic growth is sputteringThe country’s economy grew at its slowest pace in nearly three decades, showing how the U.S.-China trade war and a global economic cool-down are taking their toll. That’s the lowest it has been since modern record-keeping began in 1992, and at the bottom end of government forecasts. (It may also be worse: Economists widely doubt the truthfulness of Beijing’s numbers.) China had sought to spur growth by spending more on infrastructure projects and cutting taxes, which led to a surge of economic activity in April.

Source: New York Times July 15, 2019 10:30 UTC