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Economy
Federal budget deficit widens by $109 billion despite tariff revenue influx
The U.S. federal government's annualĀ budget deficit has widened by $109 billion so far this fiscal…
GE Appliances moving washer production from China to Kentucky in $490M deal
GE Appliances on Thursday said it would spend $490 million to move the production of…
Trump calls for Fed governor to resign as ally requests Justice Department probe
President Donald Trump on Wednesday called for the resignation of a Federal Reserve governor after…
Fed chair Powell to speak at Jackson Hole amid rate cut speculation
Federal Reserve ChairĀ Jerome Powell will deliver a keynote address at the annual Jackson Hole event…
Treasury chief Bessent eyes 11 contenders for Federal Reserve chair role
Treasury Secretary Scott Bessent said Tuesday that the Trump administration will begin its interview process…
Air Canada to gradually resume operations Tuesday
Air Canada's flight attendant union reached a tentative agreement with the airline, paving the way…
Trump trade advisor warns India to stop buying Russian oil
A key Trump administration trade advisor warned in an op-ed on Monday that India needs…
Trump administration to review state laws harming US economy and commerce
The Trump administration on Friday announced that it will review state laws that have a…
Trump trade adviser warns India to stop buying Russian oil
A key Trump administration trade adviser warned in an op-ed on Monday that India needs…
US debt tops $37 trillion for first time as OBBBA adds room for more
The federal government's grossĀ national debt topped $37 trillion for the first time in history last…
Goldman Sachs new Dallas Texas campus to house 5,000 workers by 2028
One of the most significant names on Wall Street, Goldman Sachs , is in the…
States raise taxes on rich to plug budget gaps and offset federal cuts
Blue states around the U.S. are planning tax hikes on wealthy residents to bring in…
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