Fed holds key rate steady, still sees two more cuts this year
WASHINGTON – The Federal Reserve on Wednesday kept interest rates steady amid expectations of higher inflation and lower economic growth...
Donald J. Trump
Fed sees its preferred inflation gauge topping 3% this year, higher than previous forecast
U.S. Federal Reserve Chair Jerome Powell speaks during a conference marking the 75th anniversary of the International Finance Division of...
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...
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...
Israel-Iran attacks and the 2 other things that drove the stock market this week
What was shaping up to be a relatively calm week quickly got volatile on Friday, following Israel's overnight strike on...
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...
Shares of scandal-plagued Brazilian meat giant JBS open at $13.65 in U.S. public debut
The JBS Greeley meatpacking facility in Greeley, Colorado, US, on Friday, Feb. 28, 2025. Chet Strange | Bloomberg | Getty...
Prices for common baby items are rising due to Trump's tariffs, congressional analysis says
Baby car seat carriers for sale at a Walmart store in Secaucus, New Jersey, US, on Tuesday, March 5, 2024....
Here are the three reasons why tariffs have yet to drive inflation higher
Shoppers browse the frozen food cases at WinCo.Joe Jaszewski | Idaho Statesman | Tribune News Service | Getty ImagesDespite widespread...
Fed’s inspector general is reviewing Trump administration’s moves to dismantle CFPB
Director of the Office of Management and Budget (OMB) Russell Vought attends a cabinet meeting at the White House in...
Most retail executives expect Trump to walk back 'reciprocal' tariffs, survey finds
A container truck and shipping containers are shown at the Port of Los Angeles, in San Pedro California, U.S., May...
GM to invest $4 billion in U.S. plants amid tariffs for Mexican-produced vehicles
UAW Local 5960 member Kimberly Fuhr inspects a Chevrolet Bolt EV during vehicle production on May 6, 2021, at the...
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...
Boeing airplane orders rise to highest level since late 2023 ahead of Paris Air Show
Boeing 737 aircraft fuselages are pictured at the company's Renton factory in Renton, Washington, on April 15, 2025. Jason Redmond...
As GOP weighs Obamacare cuts, the party's constituents are more likely to use marketplace coverage, poll finds
Senate Majority Leader John Thune (R-South Dakota), from left, Sen. John Barrasso (R-Wyoming) and Senator Mike Crapo (R-Idaho) exit the...
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...
Trump wants to bring manufacturing jobs back. The aviation industry can't hire fast enough
LAFAYETTE, Ind. — President Donald Trump has said he wants to bolster manufacturing jobs and other technical employment in the...
Slate Auto: Inside the EV startup, stealth production facility backed by Jeff Bezos
Slate Auto electric vehicles inside the startup's beta production facility in Lake Orion Township, Michigan.Slate AutoLAKE ORION TOWNSHIP, Mich. —...
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...
