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Economy
Mortgage rates rise, highest level since February
Mortgage rates spiked this week, mortgage buyer Freddie Mac said Thursday, as President Donald Trump's…
Jim Jones, head of FDA’s food division, resigns after job cuts at the agency
The head of the Food and Drug Administration's food division resigned on Monday after stating…
Trump doubles steel tariffs to combat foreign market manipulation
President Donald Trump has now raised steel tariffs to 50% from 25%. This increase is absolutely essential…
Trump, South Korea’s new president to work toward tariff agreement
President Donald Trump agreed to quickly work toward a deal on tariffs during his first…
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 President 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…
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