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Economy
JPMorgan warns of increased recession odds
JPMorgan suggested that the chance of a recession substantially increased due to President Donald Trump's…
Powell pushes back on Musk/DOGE, says Fed ‘overworked’ not ‘overstaffed’
Federal Reserve Chair Jerome Powell renewed his pushback against Elon Musk's claims that the Fed is…
Americans hosting Thanksgiving to spend 19% more than last year: report
Stubbornly high inflation is continuing to strain the budgets of American households this Thanksgiving, as a…
Mexico may retaliate with its own tariffs after Trump threat, new president says
Mexican President Claudia Sheinbaum has clapped back at President-elect Trump’s proposed 25% tariff on imported…
Fed Chair Jerome Powell says central bank in no rush to reach ‘neutral rate’
Federal Reserve Chair Jerome Powell said Thursday that the central bank's policymakers aren't in a…
US national debt hits a new record: $36 trillion
The U.S. national debt surpassed $36 trillion for the first time in the nation's history on…
Mortgage rates after home sales jumped in October
Mortgage rates climbed closer to 7% this week while sales of existing homes saw a…
Hundreds of Culinary Union workers go on strike at hotel near Las Vegas Strip
Hundreds of workers went on strike early Friday morning at a hotel near the Las…
Boeing to lay off 2,200 Washington workers in coming months
Boeing is set to lay off 2,199 workers in the state of Washington in the…
Goldman Sachs: Trump tax cuts, deregulation will boost growth; tariffs could be a drag
Goldman Sachs last week released a forecast for the U.S. and global economies that projected…
Boeing to lay off roughly 2,200 Washington workers 5 days before Christmas
Boeing is set to lay off 2,199 workers in the state of Washington just days…
February inflation report expected to show another ‘strong’ monthly increase
A closely watched inflation report due Tuesday is expected to show that progress in fighting…
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