Trump has been losing his battle to cut interest rates
WASHINGTON (AP) — President Donald Trump has been losing his own battle to cut interest rates. The president…
US filings for jobless benefits rise to 197K, but layoffs remain historically low
WASHINGTON — The number of Americans applying for unemployment benefits rose last week but layoffs remain in the…
Mortgage rates hit highest level in a year as home price soar
The average long-term U.S. mortgage rate rose for the fourth consecutive week to its highest level in a…
US economy slows, yet Americans still spending in face of inflation
WASHINGTON (AP) — The U.S. economy expanded at a sluggish 1.5% pace from April through June as rising…
Labor Department: US jobless claims rise to 197,000 in the week ending July 25
WASHINGTON (AP) — The number of Americans applying for unemployment benefits rose last week but layoffs remain in…
Trump’s tariffs may be a flashpoint for Michigan’s midterms
MILFORD, Mich. (AP) — Flying to a rally at General Motors this week, President Donald Trump declared that…
Oil prices gain and Asian shares mostly fall as chipmakers extend losses
HONG KONG (AP) — Oil prices gained Wednesday and Asian shares were mostly trading lower as South Korea’s…
Despite frustration over high prices, Federal Reserve is expected to keep rates unchanged — for now
WASHINGTON (AP) — Federal Reserve policymakers are losing patience with inflation, but they may not be ready to…
China hits back at criticism over excess industrial capacity as more US tariffs loom
HONG KONG — HONG KONG (AP) — China pushed back Tuesday against claims of overcapacity in the world’s…
Fed Chair Warsh faces pressure to combat inflation
WASHINGTON (AP) — The Federal Reserve is expected to keep its key interest rate unchanged when it meets…
The new Canada-US bridge over the Detroit River is set to open
DETROIT (AP) — Traffic is set to start flowing Monday across a new bridge over the Detroit River…
Trump’s tariffs are based on a forced-labor argument. Are they just a way to avoid Congress?
NEW YORK (AP) — The Trump administration has imposed double-digit tariffs on more than 60 countries, using a…