Inflation rose last month amid weakening job market: How will the Fed respond?
Typically, the Fed would cut its key interest rate when unemployment rises, but it would raise rates — or at least keep them unchanged — in the face of rising inflation.
Typically, the Fed would cut its key interest rate when unemployment rises, but it would raise rates — or at least keep them unchanged — in the face of rising inflation.
Supreme Court says it will hear Trump appeal on tariffs in key economic case
The Supreme Court said Tuesday it will quickly decide whether most of President Donald Trump’s sweeping tariffs — a key part of his economic agenda — are legal.
The Supreme Court said Tuesday it will quickly decide whether most of President Donald Trump’s sweeping tariffs — a key part of his economic agenda — are legal.
Most Americans believe personal choices keep people in poverty, poll finds
A recent poll reveals that most Americans have differing views on the root cause of homelessness, but most think the government doesn’t spend enough to help those in need.
A recent poll reveals that most Americans have differing views on the root cause of homelessness, but most think the government doesn’t spend enough to help those in need.
Americans' support for capitalism drops to new low, poll finds
A recent poll finds that Americans favor small business and free enterprise even though their overall feelings of capitalism has changed compared to past years.
A recent poll finds that Americans favor small business and free enterprise even though their overall feelings of capitalism has changed compared to past years.
States where unemployment claims are increasing the most
The unemployment rate ticked up to 4.3% last month, according to a new jobs report from the Labor Department.
The unemployment rate ticked up to 4.3% last month, according to a new jobs report from the Labor Department.
Unemployment up as employers added just 22,000 jobs last month
The unemployment rate ticked up to 4.3% last month, worse than expected and the highest level since 2021.
The unemployment rate ticked up to 4.3% last month, worse than expected and the highest level since 2021.
Home purchases are getting canceled at a record rate, data shows
A new Redfin report shows U.S. home-purchase cancellations hit a record high this summer.
A new Redfin report shows U.S. home-purchase cancellations hit a record high this summer.
Trump administration eyes tariff revenue to pay down nation's $32.7 trillion debt
The US collected more than $29 billion in tariff revenues in July, the highest monthly total so far this year.
The US collected more than $29 billion in tariff revenues in July, the highest monthly total so far this year.
Wages are outpacing pandemic-era inflation in these 4 industries
A new Bankrate report shows that while wages are slowly catching up, they still lag behind the surge in prices that began during the pandemic.
A new Bankrate report shows that while wages are slowly catching up, they still lag behind the surge in prices that began during the pandemic.
Trump says Fed chair search down to ‘three or four’ candidates, with announcement coming ‘a little bit early'
President Donald Trump said on Wednesday that he has narrowed down the list of candidates to replace Federal Reserve Chair Jerome Powell to "three or four" names.
President Donald Trump said on Wednesday that he has narrowed down the list of candidates to replace Federal Reserve Chair Jerome Powell to "three or four" names.
Kodak says there's 'substantial doubt' it can stay in business
Photography pioneer that filed for bankruptcy in 2012 faces renewed financial challenges.
Photography pioneer that filed for bankruptcy in 2012 faces renewed financial challenges.
US national debt hits record $37 trillion
The U.S. national debt topped $37 trillion for the first time Friday as federal borrowing hits record levels.
The U.S. national debt topped $37 trillion for the first time Friday as federal borrowing hits record levels.
Trump's tax law will benefit the rich at the cost of the poor, CBO analysis finds
The Congressional Budget Office estimates that the poorest Americans could lose more income annually compared to rich people due to President Donald Trump's tax legislation.
The Congressional Budget Office estimates that the poorest Americans could lose more income annually compared to rich people due to President Donald Trump's tax legislation.
Inflation report: July unchanged; Trump tells Powell lower the rate now
Inflation held steady the last month, though tariffs still threaten growing costs and impacts.
Inflation held steady the last month, though tariffs still threaten growing costs and impacts.
Trump calls fired BLS commissioner's job numbers the 'biggest miscalculations in over 50 years'
President Donald Trump has accused Erika McEntarfer of falsifying employment data.
President Donald Trump has accused Erika McEntarfer of falsifying employment data.
Sluggish summer in Sin City: Las Vegas sees big drop in tourists
The Las Vegas Convention and Visitors Authority saw a double-digit decline in visitors in June compared to the same time last year.
The Las Vegas Convention and Visitors Authority saw a double-digit decline in visitors in June compared to the same time last year.
Trump calls for Federal Reserve to pull control from Jerome Powell
President Trump continued his verbal attacks against Fed Chair Jerome Powell, calling him "stubborn" and saying the Federal Reserve's board of governors should take control.
President Trump continued his verbal attacks against Fed Chair Jerome Powell, calling him "stubborn" and saying the Federal Reserve's board of governors should take control.
Fed leaves interest rates unchanged despite Trump demands
The Federal Reserve voted to leave its short-term interest rate unchanged as expected, despite mounting pressure from President Donald Trump to lower them.
The Federal Reserve voted to leave its short-term interest rate unchanged as expected, despite mounting pressure from President Donald Trump to lower them.
Federal Reserve likely to keep interest rates the same this week: What to know
Federal Reserve officials are split on whether to slash interest rates as President Donald Trump favors rate cuts based on his claim that the nation’s economy is thriving.
Federal Reserve officials are split on whether to slash interest rates as President Donald Trump favors rate cuts based on his claim that the nation’s economy is thriving.
Tariff rebate check: What Trump said and what we know
President Trump told reporters this week that he is considering a tariff rebate check. Here’s what he said and what we know.
President Trump told reporters this week that he is considering a tariff rebate check. Here’s what he said and what we know.