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Economy
Soybean farmers face financial strain as China halts US purchases
The ongoing trade dispute with China has created serious headwinds for American farmers, with soybean producers…
Tariffs weighing on consumers’ e-commerce purchases, study finds
A new report suggests that the Trump administration's tariff policies are weighing on e-commerce as consumers…
July PCE: Fed’s favored inflation gauge remained elevated
The Federal Reserve's preferred inflation gauge showed that inflationary pressures remained elevated in July, as the…
Mortgage rates fall to 6.56%: Freddie Mac
Mortgage rates fell to a 10-month low, mortgage buyer Freddie Mac said Thursday. Freddie Mac's…
US GDP beats expectations with 3.3% growth in second quarter revision
The U.S. economy grew at a faster rate than previously thought in the second quarter…
NextGen Acela train launches Thursday with 160 mph speeds NYC and Boston
Five new Amtrak trains will begin rolling out between Washington, D.C., New York and Boston…
A Trump official said Lisa Cook engaged in mortgage fraud over two properties
Federal Reserve Governor Lisa Cook is facing allegations of mortgage fraud leveled by a Trump…
General Motors recalls 23,000 Corvettes over fuel spill fire safety concerns
General Motors has recalled more than 23,000 Chevrolet Corvettes in response to a fuel leak…
India faces 25% Trump tariffs over Russian oil purchases, duties hit 50%
The Trump administration on Wednesday imposed an additional 25% tariff on Indian imports, pushing some…
Southwest changes refund policy for customers of size starting in January
Southwest Airlines is adding rules when it comes to "customers of size." Starting January 27,…
Blue Bell recalls ice cream half gallons for undeclared nuts allergy risk
Blue Bell Ice Cream has voluntarily recalled some of its half-gallon cartons due to undeclared…
European, Asian postal services halt US shipments as Trump ends tariff exemption
Postal services in Europe and around the world plan to halt shipping merchandise to the…
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