US layoffs spike nearly 50% as DOGE-driven cuts take center stage
Layoffs of U.S. workers were nearly 50% higher in May than they were a year ago, with reductions attributed to...
German chancellor hopes US will bring down tariffs, says ‘best thing for mutual wealth’ is open markets
German Chancellor Friedrich Merz said President Donald Trump's tariffs are threatening his economy, adding that he believes free trade and...
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 two months as uncertainty over...
TOP NEWS
Trump urges Fed’s Powell to cut interest rates by full percentage point: ‘Rocket Fuel!’
President Donald Trump on Friday called on Federal Reserve Chairman Jerome Powell...
Trump, South Korea’s new president agree to make a deal on tariffs that would satisfy both countries
President Donald Trump agreed to quickly work toward a deal on tariffs...
PETER NAVARRO: Trump’s 50% steel tariff is a necessary shield for American industry
President Donald Trump has now raised steel tariffs to 50% from 25%. This increase is absolutely essential to protecting the U.S. steel...
Joann, Macy’s, other store closures part of a 274% spike in retail layoffs in 2025
The number of job cuts announced in the first five months of 2025 increased 80% from the same period the...
American Express set to unveil game-changing update to its elite Platinum cards
American Express has significant updates in the pipeline for its Platinum credit cards. The company’s U.S. consumer and business Platinum...
Consumers are paying the costs for Trump’s tariffs: New York Fed
The Federal Reserve Bank of New York recently released a survey that found businesses are passing some or all of the...
Inflation increased slightly on an annual basis in May
Inflation increased slightly in May and remained above the Federal Reserve's target rate ahead of the central bank's next meeting...
Vance echoes Trump’s call for Fed’s Powell to cut interest rates: ‘Monetary malpractice’
Vice President JD Vance on Wednesday echoed President Donald Trump’s calls for the Federal Reserve to cut interest rates. "The...
JPMorgan CEO Jamie Dimon warns economic conditions may deteriorate soon
JPMorgan Chase CEO Jamie Dimon issued a new warning about the U.S. economy, saying that conditions could deteriorate soon and undermine...
Trump eyes Cabinet member to replace ‘Mr Too Late’ Powell at the Fed: report
Federal Reserve Chair Jerome Powell has faced significant criticism from the Trump administration over the central bank's stance on holding interest...
What will no taxes on tips cost in foregone tax revenue?
A key element of the tax-cut package that the Trump administration and congressional Republicans are working to pass got approved...
Texas lawmakers vote to gut booming hemp industry, sparking backlash
Texas is on the verge of banning nearly all intoxicating hemp products after the Republican-controlled state Senate and House of...
Home sellers face harsh new reality as listings hit record $698B value
U.S. home listing prices hit an all-time high, signaling a potential shift toward a buyers' market, according to industry experts. ...
Trump threatens 25% tariff on iPhones, 50% tariff on EU goods amid trade tensions
President Donald Trump on Friday threatened to impose fresh tariffs on both Apple and the European Union, saying that the...
How much an Apple iPhone could cost if made in the US
President Donald Trump on Friday threatened a tariff on Apple for iPhones not made in the U.S., putting pressure on...
McDonald’s extending hours at most US locations this summer amid hiring surge
McDonald's is extending its operating hours at most U.S. locations starting this summer amid an earlier decision to hire more...
Mortgage rates drop for first time in weeks, still hover near 7%
Mortgage rates declined for the first time in weeks, though they are still hovering near 7%, mortgage buyer Freddie Mac...
Editor's Picks
Trending Now
We bring you the best Premium WordPress Themes that perfect for news, magazine, personal blog, etc. Visit our landing page to see all features & demos.
LEARN MORE »