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Economy
Tariffs weighing on consumers’ e-commerce purchases, study finds
A new report suggests that the Trump administration's tariff policies are weighing on e-commerce as consumers…
LA vegan restaurant that started serving meat closes after 14 years
A Los Angeles restaurant that started as vegan but began serving meat last year is…
Dimon warns US economy’s ‘soft landing’ could deteriorate
JPMorgan Chase CEO Jamie Dimon issued a new warning about the U.S. economy, saying that conditions…
Vance calls Fed’s refusal to cut rates ‘monetary malpractice’
Vice President JD Vance on Wednesday echoed President Donald Trump’s calls for the Federal Reserve…
May CPI: Inflation ticked slightly higher on an annual basis last month
Inflation increased slightly in May and remained above the Federal Reserve's target rate ahead of…
NY Fed survey shows businesses passing tariff costs to consumers via prices
The Federal Reserve Bank of New York recently released a survey that found businesses are passing…
Retail job cuts spike as major chains close stores amid economic pressure
The number of job cuts announced in the first five months of 2025 increased 80%…
Trump doubles steel tariffs to combat foreign market manipulation
President Donald Trump has now raised steel tariffs to 50% from 25%. This increase is absolutely essential…
Trump, South Korea’s new president to work toward tariff agreement
President Donald Trump agreed to quickly work toward a deal on tariffs during his first…
Trump pushes for full percentage point interest rate cut after May jobs report
President Donald Trump on Friday called on Federal Reserve Chairman Jerome Powell to lower interest…
May jobs report: Job growth continued to slow in May amid economic uncertainty
The U.S. economy added jobs in May at a slower pace than in the past…
German Chancellor Merz wants lower tariffs, open markets ‘best’ for mutual wealth
German Chancellor Friedrich Merz said President Donald Trump's tariffs are threatening his economy, adding that…
