Economic News
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The Federal Reserve’s favored measure of inflation rose 3.7% last month, above its 2% target
The Federal Reserve’s favored measure of inflation rose 3.7% last month, above its 2% target
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US filings for jobless benefits rise to 197,000 last week, but layoffs remain historically low
US filings for jobless benefits rise to 197,000 last week, but layoffs remain historically low
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Trump touted his tariffs in Michigan despite rising costs. Even some of his supporters are worried
President Donald Trump says car companies are thriving due to tariffs and other key policies he's instituted as president
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Wildfires near Bordeaux bring more troubles to France's wine industry
Wildfires near Bordeaux are hurting the wine region's economy
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Fed leaves interest rate unchanged but with 3 dissents as Warsh praises 'good family fight'
The Federal Reserve left its key interest rate unchanged Wednesday despite persistently high inflation and a spike in energy prices caused by the Iran war
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Oil prices jump, while the Dow drops more than 1,100 as sinking AI stocks drag Wall Street lower
Oil prices got back to jumping, while sinking technology stocks dragged Wall Street lower amid uncertainty about what the Federal Reserve will do to get high inflation under control
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Federal Reserve leaves interest rate unchanged in 9-3 vote, but a hike is widely expected at next meeting in September
Federal Reserve leaves interest rate unchanged in 9-3 vote, but a hike is widely expected at next meeting in September
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US bans foreign-made humanoid robots, targeting China over national security
The U.S. Federal Communications Commission is banning imports of new foreign-made humanoid robots and power inverters, citing national security risks
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Senate takes first steps on Russian sanctions as Zelenskyy watches from Senate gallery
The Senate took the first steps toward passage of a sweeping Russian sanctions bill on Tuesday with Ukrainian President Volodymyr Zelenskyy in the Capitol
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Americans' confidence in US economy falls as Iran conflict sends gas prices higher
Americans’ confidence in the economy fell this month as gas prices resumed their climb after the U.S. and Iran stepped up their fighting
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