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Economy
US first-quarter GDP: Economy shrank 0.5% amid trade policy uncertainty
The U.S. economy contracted in the first quarter as tariffs caused importers to surge shipments…
Fed’s favored inflation gauge showed price pressures stayed elevated in December
The Federal Reserve's preferred inflation gauge remained elevated in December as price pressures continued to pose…
Kevin Warsh nominated as Fed chair; key senators react
President Donald Trump on Friday nominated Kevin Warsh to serve as the next chairman of the…
Business leaders weigh in on nomination of Kevin Warsh as Fed chair
President Donald Trump on Friday announced the nomination of Kevin Warsh to serve as the next…
Trump nominates Kevin Warsh as next Fed chair: What to know
President Donald Trump on Friday announced that he is nominating Kevin Warsh to succeed Jerome…
Many Saks OFF 5TH locations closing nationwide following bankruptcy filing
Saks Global announced the majority of its Saks OFF 5TH locations across the United States…
Middle-income Americans say income falls behind costs in Primerica survey
Middle-income Americans are continuing to feel financial strain and say their income is being outpaced…
Federal Reserve links tariffs to slower US employment growth rates
An analysis by the Federal Reserve Bank of Kansas City found that tariffs may have slowed…
Social Security SSI benefits to be paid early due to weekend calendar quirk
Some Social Security beneficiaries will receive their monthly benefits slightly earlier than usual in February and…
How much could Trump account balances grow over time?
The Trump administration is rolling out the new "Trump Accounts" that will aim to provide…
Fed Chair Jerome Powell says consumers looking to ‘economize’ amid inflation
Federal Reserve Chair Jerome Powell said that policymakers are hearing that a significant segment of American…
Fed Chair Jerome Powell gives advice to his successor before term ends
Federal Reserve Chair Jerome Powell was asked about his future at the central bank beyond the…
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