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...
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...
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