Treasury Secretary Bessent says GDP could take a hit from the government shutdown
Treasury Secretary Scott Bessent said Thursday that U.S. economic growth could be hurt by the government shutdown. “This…
PCE inflation August 2025:
Core inflation was little changed in August, according to the Federal Reserve’s primary forecasting tool, likely keeping the…
New US tariffs hit pharmaceuticals, cabinets, furniture and trucks
WASHINGTON (AP) — President Donald Trump said Thursday that he will put import taxes of 100% on pharmaceutical…
Stock market today: Live updates
Traders work on the floor of the New York Stock Exchange (NYSE) on June 18, 2025 in New…
Jobless claims fall to 218,000, easing labor fears
Initial claims for unemployment insurance were well below expectations last week, helping to douse caution at the Federal…
FTSE 100, Stoxx 600, Trump shifts on Ukraine
European shares edged lower on Wednesday morning, even as defense equities gained a boost from U.S. President Donald…
Dow, S&P 500, Nasdaq slide after Powell flags Fed’s challenge, ‘highly valued’ stocks
US stocks fell on Tuesday, pulling back from a record-setting streak, as Fed Chair Jerome Powell signaled the…
Dow, S&P 500, Nasdaq slide as Powell warns of ‘challenging situation’
US stocks fell on Tuesday, pulling back from a record-setting streak, as Fed Chair Jerome Powell signaled the…
Trump is raising questions about independence of US monetary policy
By Promit Mukherjee and David Ljunggren OTTAWA, Sept 23 (Reuters) – President Donald Trump’s actions are raising questions…
Powell says slowing labor market prompted rate cut, sees ‘challenging situation’ ahead
U.S. Federal Reserve Chair Jerome Powell speaks during a press conference, following the issuance of the Federal Open…
Dow, S&P 500, Nasdaq slide as Powell warns of ‘challenging situation’
US stocks fell on Tuesday, pulling back from a record-setting streak, as Fed Chair Jerome Powell signaled the…
The Fed’s cut was ‘more hawkish than anticipated,’ Moody’s Zandi says — and warns it won’t be enough
Federal Reserve policymakers delivered a quarter-point interest-rate cut this week, but leading economist Mark Zandi warns the move…