Quarterly profit slide at Target hints at a challenging holiday season for the retailer
NEW YORK (AP) — Target’s third-quarter profit tumbled as the retailer struggles to lure shoppers that are being…
Operating with Limited Data | Tom Barkin | Inflation | Employment
Thank you for that kind introduction. I thought I would share my sense of the economy today and…
Sharp disagreements over economy threaten Federal Reserve interest rate cut
WASHINGTON (AP) — What was once seen as a near-certain cut in interest rates next month now looks…
Social Security benefits could increase by $200 a month — here’s who would qualify
Democratic Senators are pushing legislation that could hike monthly Social Security payments by $200, arguing senior citizens are…
Nearly a quarter of U.S. households live paycheck to paycheck, report finds
A growing share of lower-income Americans are struggling to get by financially as their wages fail to keep…
AI could cause quiet labor market
Kevin Hassett, director of the National Economic Council, speaks during an Economic Club of Washington event in Washington,…
More groceries may benefit from tariff relief as the 2026 midterm elections get closer, analyst says
The tariffs that President Donald Trump rolled back this past week will barely move the needle on consumer…
Bitcoin Erases Year’s Gain as Crypto Bear Market Deepens
Just a little more than a month after reaching an all-time high, Bitcoin has erased the more than…
A slowing wartime economy pushes the Kremlin to tap consumers for revenue
After two years of robust growth fueled by military spending on the war in Ukraine, Russia’s economy is…
If you think beef is expensive now, just wait until next year when prices could soar nearly 60%
Beef prices have been giving Americans sticker shock at grocery stores lately, and they are poised to reach…
Trump’s dinner with top CEO’s consisted of praising a ‘booming’ economy while addressing tariff concerns
Last week, some of the nation’s top CEOs talked and laughed with President Trump while enjoying dinner at the White…
Tariffs lower inflation by slamming employment and economic activity, Fed researchers say
A new study that examined 150 years of tariffs in the U.S. and abroad found they disrupt the…