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Economy
NY Fed survey shows businesses passing tariff costs to consumers via prices
The Federal Reserve Bank of New York recently released a survey that found businesses are passing…
JPMorgan’s Jamie Dimon criticizes mortgage lending rules at firm’s investor day
JPMorgan Chase CEO Jamie Dimon on Monday criticized financial regulators for not easing rules that…
OECD slashes US economic growth forecast due to tariffs and policy uncertainty
The outlook for economic growth in the U.S. was slashed due to higher tariffs in a…
Trump administration pushes for rapid U.S.-India trade agreement within months
U.S. Commerce Secretary Howard Lutnick, speaking at the 2025 U.S.-India Strategic Partnership Forum (USISPF), outlined…
Lumber prices and tariffs at center of US housing market debate; groups clash
Lumber is in the spotlight as the National Association of Home Builders (NAHB) and the…
US debt a ‘real problem’ for bond markets, warns JPMorgan’s Dimon
JPMorgan Chase CEOÂ Jamie Dimon warned in a new interview that the U.S. government's rising debt…
Treasury Secretary Bessent vows US will never default on national debt
Treasury Secretary Scott Bessent on Sunday said that the U.S. government will never default on…
Macy’s, Target, Apple shift supply chains away from China amid tariff concerns
A number of retailers are working to reduce their exposure to China as President Donald…
Trump warns court ruling against tariffs could cause ‘economic ruination’ of US
President Donald Trump on Sunday said if the courts rule against the administration's sweeping tariffs,…
Egg prices drop 61% since January, now $2.52 per dozen after March peak
The price of eggs has dropped just over 61% since President Donald Trump took office…
Trump says Pakistani officials visiting US to negotiate tariffs
Pakistani officials will be visiting the U.S. next week in an effort to reach a…
Fed’s preferred inflation gauge shows consumer prices eased in April
The Federal Reserve's preferred inflation gauge showed that price growth eased slightly in April, trending…
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