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Economy
Trump’s 10% baseline tariffs on imports from many countries now in effect
President Donald Trump's unilateral 10% tariff on all imports from many countries went into effect…
Stagflation has emerged as a concern due to the current economic tumult
Economic uncertainty brought on by PresidentĀ Donald Trump's tariffs on U.S. trading partners is raising concerns…
Trump pushes for full percentage point interest rate cut after May jobs report
President Donald Trump on Friday called on Federal Reserve Chairman Jerome Powell to lower interest…
May jobs report: Job growth continued to slow in May amid economic uncertainty
The U.S. economy added jobs in May at a slower pace than in the past…
German Chancellor Merz wants lower tariffs, open markets ‘best’ for mutual wealth
German Chancellor Friedrich Merz said President Donald Trump's tariffs are threatening his economy, adding that…
US job cuts up 47% in May, DOGE remains leading cause of layoffs
Layoffs of U.S. workers were nearly 50% higher in May than they were a year…
ECB cuts interest rates, keeps options open
The European Central Bank cut interest rates as expected on Thursday and kept all options…
Economists warn $4 trillion tax hike looms if 2017 tax cuts expire
A group of more than 300 economists on Thursday sent a letter to PresidentĀ Donald Trump…
Amazon to invest $10B in North Carolina AI data centers
Amazon is investing $10 billion to create data centers in North Carolina aimed at expanding…
Trump tax bill would cut $3.7T in taxes, add $2.4T to national debt, CBO says
President Donald Trump's "Big, Beautiful Bill" would cut taxes by $3.7 trillion while adding $2.4…
Private sector added just 37,000 jobs in May, lowest in over 2 years
Companies in the private sector added just 37,000 jobs in May, payroll processing firm ADP…
Trump calls on ‘Too Late’ Powell to lower interest rates after dismal ADP jobs report
President Donald Trump on Wednesday called on Federal Reserve Chairman Jerome Powell to lower interest…
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