Trump says 'stupid' Powell 'probably won't cut' rates when Fed meeting ends Wednesday
With the Federal Reserve just hours away from its latest decision on interest rates, President Donald Trump on Wednesday lambasted...
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The Fed is likely to keep rates the same but give a forecast that moves markets. What to expect
Federal Reserve Chair Jerome Powell.Chip Somodevilla | Getty ImagesFederal Reserve officials get to voice their outlook this week on the...
Retail sales fell 0.9% in May, worse than expected, as consumers pulled back
Shoppers try on shoes at a Footlocker store in New York City, U.S., May 16, 2025. Jeenah Moon | ReutersConsumer...
Consumer sentiment reading rebounds to much higher level than expected as people get over tariff shock
A woman shops at a supermarket on April 30, 2025 in Arlington, Virginia.Sha Hanting | China News Service | Getty...
U.S. budget deficit hit $316 billion in May, with annual shortfall up 14% from a year ago
The U.S. Department of the Treasury building is seen in Washington, D.C., on Jan. 19, 2023.Saul Loeb | Afp |...
Vance joins Trump in bashing Powell, says Fed committing 'monetary malpractice' by not cutting rates
U.S. Vice President JD Vance speaks, during a tour of Nucor Steel Berkeley in Huger, South Carolina, U.S., May 1,...
U.S. inflation rises 0.1% in May from prior month, less than expected
Consumer prices rose less than expected in May as President Donald Trump's tariffs had yet to show significant impact on...
Inflation fears receded in May as Trump eased some tariff threats, New York Fed survey shows
Fruit and vegetables are seen at a Walmart supermarket in Houston, Texas, on May 15, 2025. Ronaldo Schemidt | Afp...
U.S. payrolls increased 139,000 in May, more than expected; unemployment at 4.2%
Hiring decreased just slightly in May even as consumers and companies braced against tariffs and a potentially slowing economy, the...
Friday's jobs report likely will show hiring cooled in May. Here's what to expect
A "We're Hiring" sign at a NC Department of Adult Correction booth at a job and resource fair hosted by...
Trade deficit fell by a record amount in April as demand dropped for imports
The U.S. deficit with its global trading partners tumbled by the largest amount on record in April as companies and...
Fed 'Beige Book' economic report cites declining growth, rising prices and slow hiring
A store closing sign is displayed as customers shop during the last day of a store closing sale at a...
Private sector hiring rose by just 37,000 in May, the lowest in more than two years, ADP says
Private sector job creation slowed to a near standstill in May, hitting its lowest level in more than two years...
Job openings showed surprising increase to 7.4 million in April
Employers increased job openings more than expected in April while hiring and layoffs also both rose, according to a report...
Inflation rate slipped to 2.1% in April, lower than expected, Fed’s preferred gauge shows
Inflation barely budged in April as tariffs President Donald Trump implemented in the early part of the month had yet...
Trump advisor Hassett is confident tariffs will prevail despite judges' ruling
National Economic Council Director Kevin Hassett speaks to reporters at the White House in Washington, D.C., U.S., April 14, 2025. Kevin...
Musk says Trump's big bill undermines DOGE; president counters with political reality
Elon Musk criticized President Donald Trump's signature spending bill that recently made it through a House vote, saying it counters...
Consumer confidence for May was much stronger than expected on optimism for trade deals
Consumer optimism got a much-needed boost in May on hopes for trade peace between the U.S. and China, according to...
Watch Fed Chair Jerome Powell deliver live remarks on policy review
Federal Reserve Chair Jerome Powell speaks Thursday morning to the Thomas Laubach Research Conference.The topic of Powell's presentation will be...
Annual inflation rate hit 2.3% in April, less than expected and lowest since 2021
Inflation was slightly lower than expected in April as President Donald Trump's tariffs just began hitting the slowing U.S. economy,...
