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…
Fed is watching energy price spikes, but Chair Powell says bank is limited in what it can do
CAMBRIDGE, Mass. (AP) — Federal Reserve Chair Jerome Powell said Monday that it is important to closely monitor…
China factory activity rebounds in March as Iran war looms over growth
HONG KONG (AP) — China’s factory activity expanded in March, ending two months of contraction, the government said…
China responds to Trump’s tariff move with its own trade probes
BEIJING (AP) — China launched two investigations into U.S. trade practices on Friday, signaling its resolve to push…
Average US long-term mortgage rate leaps to 6.38%, the highest level in more than 6 months
The average long-term U.S. mortgage rate climbed this week to its highest level in more than six months,…
ECB head Lagarde thinks businesses may be quick to raise prices due to Iran war
FRANKFURT, Germany (AP) — The head of the European Central Bank says that businesses may be quicker to…
Cuban president says Raúl Castro involved in US talks that are in early stages
HAVANA — Former Cuban President Raúl Castro is involved in talks between the island and the United States,…
Powell says he will remain Federal Reserve chair if Kevin Warsh isn’t confirmed
WASHINGTON (AP) — President Donald Trump has for months wanted to remove Jerome Powell as chair of the…
A tepid labor market, yet fewer layoffs: US jobless claims slip to 205,000
WASHINGTON (AP) — U.S. applications for unemployment benefits fell last week, remaining in the same range of recent…