News

Hassett Says White House Probing Fed Renovation Costs, Authority to Fire Powell
WASHINGTON (Reuters) -U.S. President Donald Trump has the authority to fire Federal Reserve Chair Jerome Powell for cause if ...
White House suggests some countries could see tariff deadline shifted
The chair of the White House Council of Economic Advisers said that some countries that are negotiating with the U.S. could ...
White House Escalates Pressure Campaign on Fed Chair by Targeting Its Headquarters Renovation
President Donald Trump is escalating his pressure campaign to get the Federal Reserve chairman to either lower interest rates ...
American-born workers see significant job gains as foreign-born employment drops
The number of U.S.-born workers increased by more than 800,000 from May to June, and is also over 2 million higher than when ...
Trump's mega tax and spending law will have small economic impact, forecasters say
President Trump's 'big beautiful bill' will provide a boost to the economy in the near term but just a tiny bump over the ...
Wall St Week Ahead Earnings, inflation data confront resilient US stocks rally
A rally that has taken U.S. stocks to record highs will be tested in the coming week by the kick-off of corporate earnings ...
With Taxes and Tariffs in Place, Trump Takes Reins of U.S. Economy
Last week, the president enacted a sprawling set of tax cuts that he believes to be the ingredients for rapid economic growth ...
Trump wants to talk business with Africa in hopes of countering China. But a US summit excluded Africa’s big players
The White House hosted an “African leaders” summit of sorts this week. But only five countries from the continent of more ...
Trump Administration Live Updates: King Charles to Host President on State Visit in September
Mr. Trump, appearing concerned about the fallout from his administration’s decision to close the Epstein investigation, went ...
US economy poised to slow as Trump's tariffs hit consumers
The US economy is expected to slow the rest of the year as tariffs take a bigger toll on consumers and businesses, immigration constraints intensify ...
Why questions about the reliability of federal economic data have become unavoidable
Can Americans trust economic data from the Trump administration? Broadly speaking, there are two angles to this that are ...
CFO Confidence Just Suffered the Largest Decline in Years. Here’s Why
A new quarterly Deloitte survey of top company financial chiefs found their high level of optimism from early this year dropped sharply in Q2, largely because of worries about U.S. trade policies.