Economy
Trump says it’s ‘highly unlikely’ he will fire Fed Chair after broaching idea with GOP reps
President Donald Trump said Wednesday it was ‘highly unlikely’ he would fire Jerome Powell as chair of the Federal Reserve....
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Inflation picks up again in June as tariffs slowly work their way through U.S. economy
Consumer prices rose in June as President Donald Trump’s tariffs began to slowly work their way through the U.S. economy....
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Jerome Powell asks inspector general to review Fed’s $2.5B renovation project
The Federal Reserve has brought in its inspector general to review a building expansion that has drawn fire from the...
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Italian chocolate giant Ferrero to buy Kellogg’s Froot Loops maker
What’s “Froot Loops” in Italian? The European confectionary company Ferrero has agreed to buy WK Kellogg Co., the manufacturer of...
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Some Walmart garment orders from Bangladesh on hold due to U.S. tariff threat
LONDON/NEW YORK, July 11 (Reuters) – Suppliers to Walmart WMT.N have delayed or put on hold some orders from garment...
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Trump’s tariffs on Brazil could make your coffee even more expensive
President Donald Trump’s proposed 50% tariff on Brazilian imports is bad news for coffee drinkers. Brazil, the largest U.S. supplier...
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Surprise Surge: Key Fed Inflation Measure Jumps 2.8% in March Compared to Last Year
The Federal Reserve's preferred measure of inflation, the Personal Consumption Expenditures (PCE) price index, recorded a significant increase of 2.8%...
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Victory in Tennessee: UAW Supporters Energized, Skeptics Unswayed in the South
United Auto Workers (UAW) recently scored a significant victory in Tennessee, with workers at a Volkswagen plant voting in favor...
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Get ready for overtime: Workers earning up to $58K may soon cash in
The Department of Labor recently announced proposed changes to the overtime rule under the Fair Labor Standards Act, which could...
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Tesla Slashes Prices on Model Y, S, and X in Response to Turbulent Week
Tesla, the renowned electric vehicle maker, is slashing prices on its Model Y, Model S, and Model X vehicles in...
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