Lutnick Moves Goalpost After Poor Inflation, Jobless Claims Reports
Inflation and unemployment claims may be up, but Howard Lutnick is still optimistic about the Trump economy. The…
Nearly Half of Americans Say Trump Move Driving Up Their Credit Card Debt
A significant share of the U.S. population is blaming its growing credit card debt on President Donald Trump‘s…
US DoJ asks court for emergency ruling to remove Cook from Fed board | Banks News
The request comes after a federal court earlier this week blocked Lisa Cook’s firing while her lawsuit challenging…
Applications for jobless benefits jump to 263,000 last week, most in nearly 4 years
WASHINGTON — In another grim sign for the U.S. labor market, jobless claim applications jumped to their highest…
Rising inflation and a deteriorating job market puts the Fed, and Americans, in a difficult spot
WASHINGTON (AP) — Inflation rose last month as the price of gas, groceries and airfares jumped while new…
European Central Bank leaves rates unchanged as economy weathers Trump’s tariffs
FRANKFURT, Germany (AP) — The European Central Bank left interest rates unchanged Thursday with inflation back under control…
Wall Street rises toward more records on expectations for easier interest rates
NEW YORK (AP) — Wall Street is ticking toward more records on Thursday following mixed U.S. data that…
Consumer prices rose at annual rate of 2.9% in August, as weekly jobless claims jump
Vegetables on display in a grocery store on August 15, 2025 in Delray Beach, Florida. Joe Raedle |…
ECB’s Lagarde set to face grilling on French troubles – POLITICO
Lagarde will need to manage expectations carefully, HSBC economist Fabio Balboni warned, since ruling cuts out completely could…
Wall Street adds to records as inflation slows and Oracle soars
NEW YORK (AP) — Wall Street inched to more records on Wednesday following a surprisingly encouraging report on…
Inflation is creeping higher, with some Americans saying they’re squeezed: “It’s really challenging”
For Kasey McBlais, a 42-year-old single mom who lives in Maine with her two elementary school-aged children, the…
Labor Department watchdog launches probe into the Bureau of Labor Statistics
The Department of Labor’s internal watchdog is launching a review of the Bureau of Labor Statistics’ (BLS) approach…