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Economy
US sawmills warn closures rising amid tariffs, weakened demand
MANCHESTER, Tenn. ā Several US sawmills are struggling to stay open after industry leaders said…
Government shutdown delays Social Security COLA announcement to Oct. 24
The announcement ofĀ Social Security's annual inflation adjustment to benefits has been delayed due to the…
Jerome Powell gets global central bank support amid DOJ criminal probe
A group of global central bank leaders issued a joint statement on Tuesday to express…
President Donald Trump’s credit card rate cap could reduce consumer access
PresidentĀ Donald Trump's call for a 10% cap on credit card interest rates could impact access…
December CPI: Inflation remained persistently high as Fed rate cuts on hold
Inflation rose at a steady pace in December and remained persistently above the Federal Reserve's…
Ex-Fed chairs, Treasury chiefs defend Jerome Powell as Trump DOJ pursues probe
A group of former Federal Reserve chairs and Treasury secretaries released a joint statement defending…
Trump to interview BlackRock’s Rick Rieder for Fed chair position
Exclusive: President Donald Trump will interview Rick Rieder, BlackRockās chief investment officer of global fixed…
December CPI inflation to be impacted by lack of data from government shutdown
The Labor Department is set to release the December consumer price index (CPI) on Tuesday,…
FDA upgrades cheese recall over deadly Listeria bacteria contamination
The Food and Drug Administration announced that a recall of cheese products has been upgraded…
Consumer sentiment rises January despite inflation, labor market concerns
Consumer sentiment ticked higher in early January despite lingering concerns about inflation and a weak…
December jobs report: US economy added 50K jobs, slightly cooler than expected
The U.S. economy saw modest job growth in December as employers hired at a steady…
13K chargers sold at TJ Maxx, Marshalls recalled over explosion concerns
More than 13,000 wireless chargers sold in the U.S. at T.J. Maxx and Marshalls have…
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