Economy

When United States President Donald Trump announced his latest tariffs on steel and aluminium this week, he insisted there would be “no exemptions, no exceptions”. Washington’s closest allies in the...

How Tariffs Could Push the Fed to Cut Rates Heads exploded across the establishment financial press on Wednesday when President Donald Trump proclaimed that tariffs and lower rates go hand...

Bank of America CEO Brian Moynihan said Wednesday that strong consumer spending so far this year means the Federal Reserve will probably hold off on cutting its benchmark interest rate. The bank’s retail customers are...

Inflation in the United States surged higher in January. The Department of Labor said Wednesday that the consumer price index (CPI) rose 0.5 percent in January from the prior month,...

Price growth sped up unexpectedly in January, posing an early challenge to President Donald Trump’s economic agenda. Inflation for so-called core items, which exclude volatile food and energy prices, climbed...

How Bidenomics Produced Bidenflation Jason Furman, a longtime Democratic economist and former Obama adviser, has issued a stunning rebuke of Bidenomics, confirming what many of us have been saying for...

Binance and the United States Securities and Exchange Commission (SEC) have asked a federal judge to stay the regulator’s lawsuit against the crypto exchange, according to a court filing, citing...

The US state of Missouri has sued Starbucks, accusing the coffee chain of using a commitment to diversity, equity and inclusion as a pretext to systematically discriminate based on race,...

Federal Reserve Chair Jerome Powell told lawmakers Tuesday that the central bank sees little urgency to lower interest rates, citing a resilient labor market and lingering inflation risks. The comments...

Jobs, incomes and Germany’s  are major focuses for the country’s political parties ahead of with many taking aim at climate protection measures.  — chairman of center-right Christian Democratic Union (CDU)...