The U.S. economy slowed to a crawl in May, with consumers pulling back on spending and businesses delaying hiring, according to the Federal Reserve‘s Beige Book survey released Wednesday.

“While everyone is focused on the impact of tariffs, the real story for the U.S. economy is the collapse in immigration: down more than 90% compared to the run rate of previous years, equivalent ...

Transportation Secretary Sean Duffy says Biden-era fuel economy standards for gas-guzzling cars and trucks were illegal and moved to reverse the rules Skip to content NOWCAST WISN 12 News This Morning ...

The rules, finalized in 2024, increased fuel economy 2% per year for passenger cars in every model year from 2027 to 2031, and 2% each year for SUVs and other light trucks from 2029 to 2031.

Trump admin launches fuel economy standard rollback. By Mike Lee | 06/06/2025 01:47 PM EDT . The Transportation Department says the Biden-era rule for cars and trucks is legally flawed.

The U.S. economy added 139,000 payrolls last month, better than economist forecasts of 125,000. The unemployment rate continues to hover at 4.2%, as widely expected.

All Nippon Airways’ new Boeing Dreamliner 787-9 economy class. Japanese carrier All Nippon Airways is adding new economy seats across its long-haul fleet of Boeing 787-9 planes. “The new seats ...

BOGOTA, June 6 (Reuters) - Colombian Finance Minister German Avila said on Friday that "paralyzing" the economy to comply with the country's fiscal rule is not an option and that the government ...

“There’s no such thing as a workweek anymore anyway on a digital economy, post-pandemic,” he added. Fortune reached out to O’Leary for comment. The turning tide on a 4-day workweek.

The Congressional Budget Office released an analysis of the impact of President Trump’s tariffs. It projects current policies would reduce the deficit by $2.8 trillion over the next decade, but ...

What slower hiring and new tariffs could mean for the economy 02:13. Washington — President Trump's sweeping tariff plan would cut deficits by $2.8 trillion over a 10-year period while shrinking ...

The nonpartisan Congressional Budget Office estimates that President Donald Trump’s tariffs would shrink the U.S. economy and add to inflation while reducing the federal deficit by $2.8 trillion.