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Economy
Boeing defense workers reject contract offer, prepare for August strike
Boeing is preparing for a potential labor strike from its defense division as early as…
Mortgage rates fall to 6.5%: Freddie Mac
Mortgage rates fell to the lowest level since October 2024, mortgage buyer Freddie Mac said…
May jobs report: Job growth continued to slow in May amid economic uncertainty
The U.S. economy added jobs in May at a slower pace than in the past…
German Chancellor Merz wants lower tariffs, open markets ‘best’ for mutual wealth
German Chancellor Friedrich Merz said President Donald Trump's tariffs are threatening his economy, adding that…
US job cuts up 47% in May, DOGE remains leading cause of layoffs
Layoffs of U.S. workers were nearly 50% higher in May than they were a year…
ECB cuts interest rates, keeps options open
The European Central Bank cut interest rates as expected on Thursday and kept all options…
Economists warn $4 trillion tax hike looms if 2017 tax cuts expire
A group of more than 300 economists on Thursday sent a letter to President Donald Trump…
Amazon to invest $10B in North Carolina AI data centers
Amazon is investing $10 billion to create data centers in North Carolina aimed at expanding…
Trump tax bill would cut $3.7T in taxes, add $2.4T to national debt, CBO says
President Donald Trump's "Big, Beautiful Bill" would cut taxes by $3.7 trillion while adding $2.4…
Trump calls on ‘Too Late’ Powell to lower interest rates after dismal ADP jobs report
President Donald Trump on Wednesday called on Federal Reserve Chairman Jerome Powell to lower interest…
Private sector added just 37,000 jobs in May, lowest in over 2 years
Companies in the private sector added just 37,000 jobs in May, payroll processing firm ADP…
Tariffs won’t revive US industry without labor policy reform
For the first time since the Smoot-Hawley Act of 1930, tariffs are not just a tool of U.S. economic policy – they’re…
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