Trump picks Christopher Phelan to lead his economic council
WASHINGTON (AP) — President Donald Trump on Tuesday nominated University of Minnesota economist Christopher Phelan to be the…
Recession Risk Is ‘Rising Significantly,’ but US Can Still Avoid It: Mark Zandi
Market Zandi is among the prominent market voices that continue to sound alarms about the state of the…
Trump’s Federal Reserve nominee is set to face a tough hearing before Senate panel
WASHINGTON (AP) — Kevin Warsh is taking another step toward his decade-long goal of winning the top job…
Carney urges changes to Canada’s economic ties with US
VANCOUVER, British Columbia (AP) — Canadian Prime Minister Mark Carney said in a video address released Sunday that…
Inflation could jump by the most in nearly 4 years in the wake of the Iran war
WASHINGTON (AP) — Soaring gas prices are expected to produce a spike in inflation when the government reports…
US filings for jobless aid jump to 219,000 last week but remain within stable range
WASHINGTON — U.S. applications for unemployment benefits rose last week before Iran, Israel and the U.S. announced a…
One Year Impact on US Economy
Last April, President Donald Trump announced sweeping “Liberation Day” tariffs, fulfilling a core campaign promise to break decades…
US economy faces threat of inflation if Iran war lingers, JPMorgan’s Dimon writes in annual letter
NEW YORK (AP) — JPMorgan Chase CEO Jamie Dimon warned in his annual shareholder letter that a “resilient”…
The Fed’s next move may not be a cut as inflation and gas prices squeeze consumers
WASHINGTON (AP) — A top Federal Reserve official said Monday that an interest rate hike could be appropriate…
Trump unveils 100% tariff that could hit some patented drugs this year
NEW YORK (AP) — President Donald Trump signed an executive order Thursday that could slap long-threatened pharmaceutical tariffs…
US jobless aid filings fall to 202,000 as layoffs remain low despite uncertainty
WASHINGTON — U.S. applications for unemployment benefits fell last week as layoffs remain sparse despite a softening labor…
How one family in Havana grapples with daily life as economic crisis deepens
HAVANA (AP) — Yuneisy Riviaux grew up in a working-class Havana neighborhood and has endured a life of…