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Economy
Southwest flies first plane with new flight deck security barrier
Southwest Airlines on Friday began flying its first jetliner built with a secondary flight deck…
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…
Lumber prices and tariffs at center of US housing market debate; groups clash
Lumber is in the spotlight as the National Association of Home Builders (NAHB) and the…
US debt a ‘real problem’ for bond markets, warns JPMorgan’s Dimon
JPMorgan Chase CEO Jamie Dimon warned in a new interview that the U.S. government's rising debt…
Treasury Secretary Bessent vows US will never default on national debt
Treasury Secretary Scott Bessent on Sunday said that the U.S. government will never default on…
Macy’s, Target, Apple shift supply chains away from China amid tariff concerns
A number of retailers are working to reduce their exposure to China as President Donald…
Trump warns court ruling against tariffs could cause ‘economic ruination’ of US
President Donald Trump on Sunday said if the courts rule against the administration's sweeping tariffs,…
Egg prices drop 61% since January, now $2.52 per dozen after March peak
The price of eggs has dropped just over 61% since President Donald Trump took office…
Trump says Pakistani officials visiting US to negotiate tariffs
Pakistani officials will be visiting the U.S. next week in an effort to reach a…
Fed’s preferred inflation gauge shows consumer prices eased in April
The Federal Reserve's preferred inflation gauge showed that price growth eased slightly in April, trending…
Chevron cutting 200 jobs in Texas as company plans 20% workforce reduction
Houston-based Chevron Corp. (NYSE: CVX) says it is laying more than 200 employees in Texas as it…
Mortgage rates rise to 6.89%: Freddie Mac
Mortgage rates increased for the third straight week and continue to hover near the 7%…
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