U.S. business activity nearly stalled in February amid mounting fears over tariffs on imports and deep cuts in federal ...
The number of Americans filing new applications for unemployment benefits increased moderately last week, suggesting that the ...
A new congressional task force focused on the Federal Reserve, set up by the head of a powerful committee who is critical of the U.S. central bank's approach to setting monetary policy, has penciled ...
Elon Musk's DOGE team has slashed hundreds of jobs paid for by fees from banks and other forms of funding rather than ...
Federal Reserve officials at a meeting last month pointed to rising risks that inflation could worsen, a key reason they kept ...
Fees paid to agencies like the Food and Drug Administration and the FDIC fund part of their workforces, so cutting those jobs ...
Since Donald Trump assumed office for his second term last month, Musk has been linked to the administration's cost-cutting ...
Jerome Powell was quickly thrust into the partisan turmoil surrounding Trump's executive orders and the efforts of Elon Musk.
Poor earnings results and a slump in the major gauges leave the weekend uncertain as futures hug the flatline.
Inflation is picking up again and President Donald Trump said this week it’s all his predecessor’s fault. But no matter who Trump blames for inflation, America’s economic mood is now souring — and ...
If DOGE fails to cut US deficit then what is potential timeline for a U.S. economic collapse similar to the Soviet Union’s ...
Fed’s hawkish stance and potential reduction in rate cuts for 2025 have unsettled markets. Read more on market expectations, the Federal Reserve, and Trump 2.0.