Fed Chair Powell says US economy in a ‘solid position’ as central bank weighs rate cut timing
Federal Reserve Chair Jerome Powell said that the economy is in a "solid position" as the central bank monitors inflation and...
Online job listing company Careerbuilder + Monster files for bankruptcy
Online job listing company CareerBuilder + Monster filed for Chapter 11 bankruptcy protection on Tuesday. The Chicago-based company, formed by...
Mortgage rates fall for fifth straight week, lowest since mid-April
Mortgage rates fell for the fifth consecutive week to the lowest level since mid-April, mortgage buyer Freddie Mac said Thursday....
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US trade faces pressure in Middle Eastern markets amid recent Israel-Iran conflict and Trump tariffs
SOUTH PITTSBURG, Tenn. – Some U.S. manufacturers have raised concerns that conflict...
Job seekers in limbo as long-term unemployment persists
The U.S. labor market is in a holding pattern with relatively low unemployment,...
Trump slams Fed Chair Powell for not cutting rates: ‘Average mentally person’
President Donald Trump slammed Federal Reserve Chairman Jerome Powell on Wednesday as the head of the central bank testified before...
Microsoft plans ‘substantial’ job cuts across Xbox division
Microsoft is planning another round of cuts at Xbox as part of the tech giant's ongoing reorganization. Xbox managers are...
White House pushes back on ‘remarkably low’ GDP forecasts for Trump-GOP tax bill
The Trump administration is pushing back on projections for the so-called "One Big, Beautiful Bill," arguing the scoring understates the...
US economy shrank 0.5% in the first quarter of 2025 amid tariff uncertainty
The U.S. economy contracted in the first quarter as tariffs caused importers to surge shipments before higher levies took effect....
Mortgage rates fall for 4th straight week, lowest since early May
Mortgage rates fell for the fourth consecutive week to the lowest level since early May, mortgage buyer Freddie Mac said...
Dollar slides to 3-year low on report Trump plans to name next Fed chair early
The U.S. dollar sank to its lowest level in three years on Thursday following a report that President Donald Trump is...
US regulator directs Fannie Mae, Freddie Mac to consider cryptocurrency as an asset
The U.S. housing regulator directed Fannie Mae and Freddie Mac to consider cryptocurrency as an asset for single-family mortgage loan...
GE Appliances to move washing machine production from China to Kentucky in $490M investment
GE Appliances on Thursday said it would spend $490 million to move the production of most of its washing machines...
ECB cuts rates as bets build on a summer pause
The European Central Bank (ECB) cut interest rates as expected on Thursday and kept all options on the table for...
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...
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 to lower interest rates by a full percentage...
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 during his first phone call with South Korean...
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...
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