What it could mean for the Fed to lose its independence
WASHINGTON (AP) — President Donald Trump’s attempt to fire a member of the Federal Reserve’s governing board has…
De minimis tariff dodge ending means less purchasing power for Americans
The de minimis exemption—a tariff loophole that for years made millions of direct-to-consumer imports duty free—is gone, and…
PCE report shows U.S. inflation remained mostly level in July, though some prices edged up
The Personal Consumption Expenditures index, a key inflation gauge used by the Federal Reserve to make interest-rate decisions,…
Why investors should rebalance their portfolios right now, according to Wells Fargo
Now is the time for investors to rebalance their portfolios, according to Wells Fargo. The firm suggests reallocating…
Americans More Worried About Rising Prices In New Survey
Topline Americans became more pessimistic about the economy this month than previously suggested, according to the University of…
Key US inflation gauge holds mostly steady though core inflation ticks higher
WASHINGTON — The Federal Reserve’s preferred inflation gauge mostly held steady last month despite President Donald Trump’s broad-based…
What Wall Street is saying about the latest U.S. inflation data
Economists hit the nail on the head with the latest U.S. inflation report, reinforcing expectations of a Federal…
Canada GDP: Economy Shrinks in Second Quarter as Exports Crushed
The Canadian economy contracted for the first time in nearly two years as the trade war with the…
German inflation and unemployment in August 2025 amid tariffs
A vendor gives a customer change at stall at a farmers market in Hanau, Germany, on Saturday, Aug.…
Gold retreats to $3,400 as markets await US PCE inflation report
Gold edges lower on Friday, retreating from its highest level since July 23 at $3,423 set the previous…
Asian shares are mixed after stocks add a bit to their records on Wall Street
MANILA, Philippines — Asian shares were mixed on Friday as investors awaited a key U.S. inflation report and…
‘Consumers are going to be shocked’: An expiring tariff exemption for goods under $800 is about to throttle the world of e-commerce
NEW YORK (AP) — U.S. consumers have gotten used to shopping the world without paying customs duties on the international…