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Economy
Powell pushes back on Musk/DOGE, says Fed ‘overworked’ not ‘overstaffed’
Federal Reserve Chair Jerome Powell renewed his pushback against Elon Musk's claims that the Fed is…
Lumber, construction material prices could rise due to tariffs
President Donald Trump's plan to impose a 25% tariff on goods from Canada and Mexico…
China retaliates with 34% tariffs on American imports
China announced Friday it will impose 34% tariffs on the U.S., just days after President…
Jobs report: US economy added positions in March as payrolls grew at faster pace
The U.S. economy continued to add jobs in March and the pace of job gains…
Credit card rewards are about to vanish, and guess who’s to blame?
With summer vacations just around the corner, millions of Americans are getting ready to cash in…
GM to increase truck production, adds temporary roles in US
General Motors is planning to boost production of light-duty trucks in the U.S. as the…
Mortgage rates slip to 6.64%: Freddie Mac
Mortgage rates ticked lower this week, mortgage buyer Freddie Mac said Thursday. Freddie Mac's latest…
Trump lowers the tariff boom blasting countries for ripping off America
President Donald Trump imposed sweeping reciprocal tariffs on the majority of countries that trade with…
JD Vance on the economy: Trump is ‘taking this economy in a different direction’
Vice President JD Vance on Thursday discussed the economy and the Department of Government Efficiency’s…
DOGE cuts drive March layoffs to highest level since pandemic
U.S. employers in March announced the third-highest number of layoffs on record last month as…
How long will it take for tariffs to lead to price increases for consumers?
President Donald Trump's tariff plans are moving forward by levying taxes on imported goods that economists…
Private sector added 155,000 jobs in March: ADP
Companies in the private sector added 155,000 jobs in March, payroll processing firm ADP said…
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