Consumer sentiment sours as government shutdown threatens economic damage
(NEW YORK) -- Consumer sentiment soured in October as a government shutdown threatens to weaken a wobbly economy beset by an uptick in inflation and... Read More.
Business
Government shutdown halts data, stokes risk as economy wobbles, experts say
(WASHINGTON) -- The government shutdown halted the release of key economic data, choking off the flow of information as some experts warn the economy... Read More.
Stocks fall on 1st day of government shutdown
(NEW YORK) -- Stocks dropped in early trading on Wednesday, just hours after a government shutdown began, shuttering some government services and complicating a... Read More.
Trump announces deal to put TikTok under control of US investors
(WASHINGTON) -- President Donald Trump on Thursday announced an agreement that will pave the way for social media giant TikTok to come under the... Read More.
US economy grew 3.8% in 2nd quarter, far exceeding previous estimate
(NEW YORK) -- The U.S. economy expanded significantly more than initially estimated over a recent three-month period, suggesting robust growth despite uncertainty set off by... Read More.
Starbucks to lay off 900 workers, close stores
(NEW YORK) -- Coffee giant Starbucks will lay off workers and close stores as part of a $1 billion restructuring plan, CEO Brian Niccol... Read More.
Fed Chair Powell says rising inflation and slow hiring pose ‘challenging situation’
(WASHINGTON) -- Federal Reserve Chair Jerome Powell warned a recent uptick of inflation, alongside a hiring slowdown, poses a "challenging situation" for central bankers... Read More.
Fed to set interest rates as Trump seeks shakeup of top officials
(NEW YORK) -- The Federal Reserve on Wednesday is set to unveil its latest decision on the level of interest rates, hoping to guide... Read More.
Trump races to reshape Fed days before interest rate decision
(WASHINGTON) -- Twelve policymakers at the Federal Reserve are set to take a high-stakes vote this week on the nation's benchmark interest rate, attempting... Read More.
Mortgage rates are falling fast. Is it a good time to buy a home?
(NEW YORK) -- Mortgage rates have fallen rapidly in recent months, offering homebuyers an opportunity for some borrowing relief if they move ahead with... Read More.
Inflation climbed in August as Trump’s tariffs intensified
(NEW YORK) -- Consumer prices rose 2.9% in August compared to a year ago, marking an uptick in price increases as President Donald Trump's... Read More.
Wholesale prices unexpectedly fall amid Trump’s tariffs
(NEW YORK) -- Wholesale prices unexpectedly dropped in August, clocking in lower than economists expected and defying concerns about a tariff-induced spike in costs suffered... Read More.
