Breaking News: Economy

Live Updates: Powell Emphasizes Fed’s Cautious Approach to Rate Cuts, Stresses Need for More Data
Fed Chair Powell Addresses Economic Concerns In a recent press conference, Fed Chair Jerome Powell highlighted that the U.S. federal ... Read more

China Unveils Bold Strategies to Revitalize Economy Impacted by Trade War: Key Measures for Growth
China’s central bank is taking urgent steps to support its economy amid growing trade concerns. On March 6, 2025, Governor ... Read more

Trade Talks Alert: Trump Officials Bessent and Greer Set to Meet Chinese Counterparts on Key Economic Issues
U.S. and China to Meet for Trade Talks in Switzerland Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer ... Read more

Trump Shares Shocking AI-Generated Image of Himself in Pope’s Attire: What It Means for His Image
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U.S. Economy Contracts 0.3% in Q1: How Trump’s Policy Uncertainty is Impacting Businesses
The U.S. economy experienced a contraction in early 2025, shrinking by 0.3% in the first quarter. This was unexpected, as ... Read more

Luxury Spending Surges: How Wealthy Consumers Are Daring to Splurge While the Rest of America Cuts Back
As 2025 unfolds, America finds itself divided in how consumers approach spending. Wealthier individuals continue to indulge in luxury experiences, ... Read more

CNBC Survey Reveals Trump’s Economic Approval Rating Hits All-Time Low: What It Means for His Presidency
President Donald Trump is facing troubling numbers regarding economic approval, marking the lowest of his presidency. A recent CNBC All-America ... Read more

Trump Urges Fed to Slash Interest Rates: Why He Believes Powell Should Be Replaced ASAP
President Donald Trump recently reiterated his call for the Federal Reserve to lower interest rates and suggested that Chairman Jerome ... Read more

How Hermès is Raising Prices on Beloved Bags and Scarves in Response to Trump Tariffs: What You Need to Know
French luxury brand Hermès is set to raise prices in the U.S. starting May 1. This decision comes as a ... Read more