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The World Trade Organization is still open for business but its most critical function as the global trade referee is effectively shutting down next week. As of Dec. 11, the WTO's appellate body -- the preeminent forum for settling worldwide trade disagreements -- will lose its ability to rule on new dispute cases. That's good news for President Donald Trump, America's self-proclaimed "tariff man," because he can now retaliate against his trade partners without fear of WTO oversight. It also mea
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 Treasury Secretary Stephen Mnuchin on Thursday said he expected a significant pickup in the economy in coming quarters. "There is no question Americans are seeing the benefits of tax cuts," with the U.S. the only economy in the world showing continued growth, Mnuchin said in testimony to the House Financial Services Committee. Mnunchin said the slowdown in GDP growth from the strong first quarter was due to the problems with Boeing's 737 Max, the United Auto Workers strike against General Motors and a significant slowdown in global growth. Mnuchin predicted economic growth will be "quite significant" during the rest of this year and next year.
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 Hightimes Holding, which publishes the 45-year-old High Times magazine, warned shareholders in its latest SEC filing that it may not be able to continue operations.
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Fresh economic figures from Europe and China added to concerns that weakening growth at the end of 2018 will carry over into a sharper slowdown next year, weighing on the solid but cooling U.S. expansion.
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