News

'Stagflation-lite': The worst-case scenario for the US economy looks like it's getting more likely
The US economy is beginning to see inklings of stagflation, with the job market flashing signs of weakness while inflation ...
Tariff rebate checks may sound awesome but they could be ‘quite dangerous’
President Donald Trump’s sweeping tariff regime is generating so much revenue for the federal government that Washington ...
Trump’s Economy Faces Headwinds as Labor Market Stalls
“The U.S. labor market is steadily losing steam as evidenced by the staggering downward revisions and a declining labor force ...
There's a spending split between Americans, and it's popping up from McDonald's to Uber
Companies are reporting strong sales from the first half of the year as Americans seem to be falling into one of two groups ...
A Swiss watch icon navigates Trump's tariff uncertainty
By John Revill ZURICH (Reuters) -Swiss watchmaker Swatch Group's chief executive Nick Hayek has a tariff problem. And the ...
Opinion
Firing the Fed Chair Could Actually Make Inflation Worse
It’s a fact that presidents from both parties tend to favor low interest rates. That’s because low interest rates support higher employment and more robust economic growth, both vote-winning issues.
Kashkari: Fed Needs to Respond to Slowing Economy, Two Cuts This Year Would Be Reasonable
Kashkari does not have a vote on interest rate policy this year, but his arguments are similar to those voiced by two Fed ...
Trump’s tariffs are bringing in tens of billions of dollars a month. What’s the government doing with all that money?
Hardly a day goes by without President Donald Trump boasting about the record tariff revenue the US government has been collecting since he ratcheted up taxes on almost every imported good.