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Economy
US Trade deficit hits record that will be a Trump target
America's trade deficit with other nations hit a fresh record last year, according to new…
Bessent names Fed 5 contenders for Powell’s job
U.S. Treasury Secretary Scott Bessent has whittled down his short list of candidates to replace…
Trump’s auto tariffs could be boon for rental car companies
President Donald Trump’s recently announced auto tariffs could potentially be a boon for rental car…
Airbnb co-founder Joe Gebbia wants to digitize government retirement process: ‘
Airbnb co-founder Joe Gebbia, who has taken a role in the Elon Musk-led Department of…
Fed’s favored inflation gauge showed prices ticked higher in February
The Federal Reserve's preferred inflation gauge showed prices rose in February at a pace that…
Trump’s 25% tariffs will hit these automakers the most
President Trump's tariffs on automobiles and automobile parts are going to hit some automakers harder…
Bank of America CEO said he expects the Fed not to cut rates this year
Bank of America CEO Brian Moynihan weighed in on President Donald Trump’s new auto import…
Cleveland-Cliffs announces layoffs of 600 Michigan plant workers
Steelmaker Cleveland-Cliffs announced this week it will idle one of its production factories and lay…
How auto tariffs could affect the car buying process
Consumers should not race to dealerships to buy a car in hopes of skirting President Donald…
McCormick dropping food dyes amid pressure from RFK Jr.
McCormick is working to reformulate products to remove certain ingredients like food dyes that have…
Trump threatens even larger tariffs on EU, Canada if they work together to cause ‘economic harm’ to US
President Donald Trump early Thursday threatened even larger tariffs on the European Union and Canada…
UAW praises Trump’s 25% tariff on auto imports
The United Auto Workers on Wednesday praised President Donald Trump’s new tariffs on auto imports,…
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