The fires will have a deep and lasting impact on construction, entertainment, retail and other sectors of the Los Angeles ...
Voters elected Trump to find a way to curb the hotter inflation that occurred under President Joe Biden. But the president ...
"For far too long the United States has minted pennies, which literally cost us more than 2 cents," Trump wrote in a post to ...
The McKinley Tariff of 1890 raised import duties to nearly 50% on average, up from around 38% previously. As the House Ways and Means Committee chairman, McKinley argued that high tariffs were ...
The Bureau of Labor Statistics reported hotter-than-expected growth in the U.S. consumer price index, forcing markets to recalibrate rate expectations.
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump’s calls for lower interest ...
The change was slightly above analysts' expectations and is likely to bolster reluctance at the Fed to cut interest rates any further.
CNBC's Leslie Picker sits down with Bank of America chair and CEO Brian Moynihan to discuss expectations for rates, the ...
The consumer price index rose 3% on the year in January 2025. Economists worry that broad disinflation is over, even as tariffs loom.
The latest Consumer Price Index report shows inflation ticked up to 3% in January from a year ago, a slight rise from the ...
Trump’s promise to deport as many undocumented immigrants as possible has devastating consequences for the country’s economy.
The European Union should focus on negotiating with Washington to avert a transatlantic trade war while being ready with ...
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