Tag: Breaking News: Economy
Treasury Department is set to lay off a ‘substantial’ number of...
People take pictures of the U.S. Treasury Department building in Washington, D.C., on Feb. 6, 2025.Mandel Ngan | AFP | Getty ImagesThe Treasury...
British businesses pile on the pressure on U.K. Financial Minister Reeves...
Rachel Reeves, UK chancellor of the exchequer, outside 11 Downing Street ahead of presenting her budget to parliament in London, UK, on Wednesday,...
Consumer confidence in where the economy is headed hits 12-year low
Shoppers walk near a Nordstrom store at the Westfield UTC shopping center on Jan. 31, 2025 in San Diego, California.Kevin Carter | Getty...
United Airlines is raising annual fees for lounges and rewards credit...
A row of United Airlines passenger planes parked at gates at Denver International Airport in Denver, Colorado.Robert Alexander | Getty ImagesUnited Airlines is...
Tax revenue collected by the IRS set to plummet, report says
Officials at the IRS and Treasury Department are anticipating tax revenue to drop more than 10% by April 15 compared with last year,...
Investors’ optimism is growing around the UK economy as U.S.-EU trade...
LONDON — Some investors are expressing a growing optimism about the U.K.'s economic outlook despite the country's long-standing structural weaknesses, as its neighbors...
Chicago Fed President Goolsbee sees rate cuts depending on inflation progress
Chicago Federal Reserve President Austan Goolsbee said Friday he still sees interest rate cuts in the cards though risks are rising to that...
Accenture is DOGE’s first corporate casualty as shares dive on warning...
Accenture signage is pictured in Warsaw, Poland, on Aug. 7, 2024.leksander Kalka | Nurphoto | Getty ImagesShares of Accenture slid Thursday after the...
U.S. households are running out of emergency funds as pandemic cash...
Vithun Khamsong | Moment | Getty ImagesIt is becoming harder for Americans to come up with money in case of an emergency, according...
Trump says the Fed should cut rates to ease the economy’s...
U.S. President Donald Trump reacts as he meets NATO Secretary General Mark Rutte (not pictured), in the Oval Office at the White House...
