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Economy
Trump says US is involved in ‘Stupid Trade,’ not ‘free trade’
President Donald Trump says the U.S. is involved in "Stupid Trade," not "Free Trade."Â Trump…
What will the Fed do with interest rates and how will Trump react?
The Federal Reserve is set to announce its next interest rate move on Wednesday, which…
May PCE: Inflation ticked slightly higher to 2.3%
The Federal Reserve's preferred inflation gauge showed that prices ticked slightly higher in May as…
GE Appliances moving washer production from China to Kentucky in $490M deal
GE Appliances on Thursday said it would spend $490 million to move the production of…
US dollar sinks to three-year low on report Trump planning early Fed chair pick
The U.S. dollar sank to its lowest level in three years on Thursday following a…
Mortgage rates fall to 6.77%: Freddie Mac
Mortgage rates fell for the fourth consecutive week to the lowest level since early May,…
FHFA tells Fannie Mae, Freddie Mac to consider crypto as mortgage asset
The U.S. housing regulator directed Fannie Mae and Freddie Mac to consider cryptocurrency as an…
US first-quarter GDP: Economy shrank 0.5% amid trade policy uncertainty
The U.S. economy contracted in the first quarter as tariffs caused importers to surge shipments…
Trump administration challenges CBO deficit projections for tax bill
The Trump administration is pushing back on projections for the so-called "One Big, Beautiful Bill,"…
Microsoft plans more Xbox job cuts next week
Microsoft is planning another round of cuts at Xbox as part of the tech giant's…
Trump says Fed Chair Powell is ‘low IQ’ and keeping interest rates too high
President Donald Trump slammed Federal Reserve Chairman Jerome Powell on Wednesday as the head of…
U.S. trade faces pressure in Middle Eastern markets from recent conflict to Trump tariffs
SOUTH PITTSBURG, Tenn. – Some U.S. manufacturers have raised concerns that conflict in the Middle…
