Breaking News: Economy
- News
Trump’s Mexico and Canada tariffs could add nearly $6,000 to the average cost of a car, by one estimate
In an aerial view, Chevrolet cars and trucks are on display at Novato Chevrolet on Jan. 28, 2025 in Novato,…
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10-year Treasury yield shoots above 4.6% after hot CPI report
The consumer price index rose 0.5% in January, and is up 3.0% over the last 12 months, according to the…
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Consumer prices rise 0.5% in January, higher than expected as annual rate rises to 3%
Inflation perked up more than anticipated in January, providing further incentive for the Federal Reserve to hold the line on…
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Trump says interest rates should be lowered to go ‘hand in hand’ with his tariffs
U.S. President Donald Trump speaks in the Oval Office of the White House in Washington, D.C., U.S., Feb. 11, 2025. …
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Mortgage refinance demand jumps to highest level since October, but homebuyers pull back again
Patchogue, N.Y.: A For Sale sign hangs in front of a house in Patchogue, New York, on June 1, 2024.…
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Watch Fed Chair Powell testify live before the Senate Banking Committee
[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a…
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Fed Chair Powell says central bank doesn’t ‘need to be in a hurry’ to lower interest rates further
Federal Reserve Bank Chairman Jerome Powell testifies before the House Financial Services Committee in the Rayburn House Office Building on…
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Trump’s steel tariffs could trigger broader trade war as EU threatens ‘proportionate countermeasures’
Ursula von der Leyen (CDU, r), President of the European Commission, stands in the plenary chamber of the European Parliament.…
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Asian economies scramble to appease Trump as the U.S. president ratchets up tariff threats
PORTSMOUTH, UNITED KINGDOM – OCTOBER 28: The container ship Vung Tau Express sails loaded with shipping containers close to the…
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What the end of the penny means for the economy, your piggy bank, and the way America prices items
Talk to end the penny’s production has been bandied about for decades among government officials and economists. However, the talk became…
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