Recent Stories
Fed officials are warning of more pain. Many Americans are already feeling it
As the Federal Reserve raises interest rates to combat Iran war-driven inflation and soaring fuel prices, Americans face a difficult trade-off: higher borrowing costs and a cooling job market or the risk of even more expensive everyday essentials.
Trump launches new effort to oust Fed Governor Lisa Cook
President Donald Trump is escalating his effort to remove Federal Reserve Governor Lisa Cook by launching a White House-led investigation into mortgage allegations, intensifying concerns over the Fed’s independence, presidential power and the historic role of its first Black female governor.
US economy grew 2.2% this spring, more than initially estimated
The US economy grew faster than expected in the second quarter as stronger consumer spending and AI-driven business investment helped offset inflation and rising gas prices.
Trump’s tariffs are back in court — again
Trump’s sweeping tariffs are back in court as judges weigh whether a 1970s trade law gives the president authority to impose duties on nearly everything the US imports.
Inflation heated up last month, boosting the case for a Fed rate hike
Inflation held at 3.4% in August as rising gasoline, technology, childcare and eldercare costs put fresh pressure on household budgets and complicate the Federal Reserve’s next interest-rate decision.
Corporate America got billions of dollars in tariff refunds. Where’s your cut?
Billions of dollars in tariff refunds are flowing back to major corporations after the Supreme Court struck down key Trump-era tariffs—but most American consumers who paid higher prices won't see a penny.
Trump launches new tariff push targeting dozens of countries
The Trump administration is imposing new tariffs on imports from dozens of trading partners, using a different legal authority after the Supreme Court blocked the president's earlier tariff strategy.
Trump’s new 50% tariffs on Canada risk igniting a fresh trade war
President Donald Trump is imposing new 50% tariffs on billions of dollars in Canadian imports, raising the prospect of renewed trade tensions between the longtime North American allies.
Trump task force uncovers more than $1 billion in trade fraud
The Trump administration says its trade fraud task force has surpassed $1 billion in recoveries and alleged losses as it intensifies efforts to crack down on tariff evasion and customs fraud.
Trump wants to ditch his signature trade deal. It’s not that easy
President Donald Trump is signaling he may walk away from the USMCA trade deal with Canada and Mexico, but legal hurdles, economic risks and supply chain dependence make an actual withdrawal far more complicated than political rhetoric suggests.
