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Tag: Breaking News: Economy

Consumer sentiment slides to second-lowest on record as inflation expectations jump...

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A woman walks in an aisle of a Walmart supermarket in Houston, Texas, on May 15, 2025.Ronaldo Schemidt | Afp | Getty ImagesU.S....

The low-end consumer is about to feel the pinch as Trump...

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Andersen Ross Photography Inc | Digitalvision | Getty ImagesWall Street is warning that the U.S. Department of Education's crack down on student loan...

JPMorgan Chase CEO Jamie Dimon says recession is still on the...

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Jamie Dimon, chief executive officer of JPMorgan Chase & Co., speaks during the 2025 National Retirement Summit in Washington, DC, US, on Wednesday,...

Watch Fed Chair Jerome Powell deliver live remarks on policy review

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Federal Reserve Chair Jerome Powell speaks Thursday morning to the Thomas Laubach Research Conference.The topic of Powell's presentation will be the review the...

Annual inflation rate hit 2.3% in April, less than expected and...

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Inflation was slightly lower than expected in April as President Donald Trump's tariffs just began hitting the slowing U.S. economy, according to a...

Tariff receipts topped $16 billion in April, a record that helped...

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Shipping containers are seen at the port of Oakland, as trade tensions continued over U.S. tariffs with China, in Oakland, California, on May...

Bessent sees tariff agreement as progress in ‘strategic’ decoupling with China

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Treasury Secretary Scott Bessent said Monday that the trade agreement reached over the weekend represents another stage in the U.S. shaking its reliance...

Why the Bank of England governor thinks uncertainty is here to...

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Bank of England Governor Andrew Bailey attends the central bank's Monetary Policy Report press conference at the Bank of England, in the City...

China risks a spiral into deeper deflation as it diverts U.S.-bound...

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SHENZHEN, CHINA - APRIL 12: A woman checks her smartphone while walking past a busy intersection in front of a Sam's Club membership...

Footwear giants Nike, Adidas and others ask Trump for tariff exemption

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A man shops for shoes at a Nike outlet store in Los Angeles on April 10, 2025.Frederic J. Brown | Afp | Getty...