Federal Reserve policymakers voted 9-2 on Wednesday to keep interest rates steady at 4.25% to 4.5%, ..
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Despite fears that spring tariffs would derail the US economy, growth remains steady and consumer co..
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Despite inflation pressures and tariff uncertainty, the Commerce Department on Thursday revealed tha..
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Prices rose 2.7% in June, up from 2.4% in May, according to the Bureau of Labor Statistics.
Core ..
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President Donald Trump announced a trade deal with the Southeast Asian country yesterday. According ..
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Federal Reserve Chair Jerome Powell said on Tuesday that the central bank would have likely cut inte..
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Federal Reserve Chair Jerome Powell appeared before the House Financial Services Committee yesterday..
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Car buyers may feel uncertain about the economy, but they’re still purchasing used vehicles.&n..
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The Federal Open Market Committee decided yesterday to keep interest rates steady at 4.25%-4.5%, wit..
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The World Bank forecast on Tuesday that the global and US economies are in turbulent times, facing s..
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The accuracy of US inflation data is under scrutiny as staffing shortages at the Bureau of Labor Sta..
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President Donald Trump announced he would double tariffs on steel and aluminum imports from 25% to 5..
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A federal appeals court temporarily reinstated most of President Donald Trump’s tariffs a day ..
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Americans felt better about the economy in May after several months of concern. The Conference Board..
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Southern California’s major ports are experiencing a sharp decline in cargo traffic, largely d..
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Treasury Secretary Scott Bessent said yesterday on CNN that tariffs may increase consumer prices.
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US consumer sentiment declined 2.7% in May to 50.8, marking the second-lowest reading in the 75-year..
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Federal Reserve Chair Jerome Powell warned Thursday that long-term interest rates are likely to rema..
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The temporary tariff reductions agreed by the US and China were much-welcomed by retailers, economis..
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The first wave of Chinese goods bearing a duty of 145% imposed by President Donald Trump arrived at ..
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The Federal Reserve held interest rates steady at 4.25% to 4.5% on Wednesday, and warned about the n..
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US consumer confidence fell nearly nine points in April to 86 and reached its lowest since May 2020,..
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The number of Americans using buy now pay later (BNPL) loans to purchase groceries has increased to ..
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Consumer sentiment dropped 8% in April compared to March as inflation fear surged, according to a su..
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The S&P 500 futures and contracts that track tech-heavy Nasdaq 100 dropped 0.7% and 0.9%, respec..
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The Trump administration may cut tariffs on Chinese goods by over 50% to ease trade tensions and cal..
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The International Monetary Fund (IMF) lowered its global growth forecast to 2.8% for 2025, down 0.5 ..
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Federal Reserve Chair Jerome Powell warned Wednesday that tariffs could force the central bank to ch..
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Women’s shopping and beauty trends indicate a looming recession, fear analysts. A growing numb..
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In further escalation to the ongoing trade war, China retaliated to US tariffs by raising duty on Am..
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