Breaking News: Economy

Fed Chair Powell Explains to Trump: Why Interest Rate Decisions Must Stay Politically Neutral

Fed Chair Powell Explains to Trump: Why Interest Rate Decisions Must Stay Politically Neutral

President Donald Trump recently met with Federal Reserve Chair Jerome Powell at the White House. This meeting comes amid ongoing ... Read more

Japan’s Bond Market Sparks U.S. Outflow Concerns: Unraveling the Carry Trade and Market Volatility

Japan’s Bond Market Sparks U.S. Outflow Concerns: Unraveling the Carry Trade and Market Volatility

Japan’s bond market is currently stirring up concerns about capital flight from the U.S. and a potential unwinding of carry ... Read more

May’s Surprising Surge in Consumer Confidence: Optimism for Trade Deals Drives Growth

May’s Surprising Surge in Consumer Confidence: Optimism for Trade Deals Drives Growth

Consumer confidence took a positive turn in May, according to a new survey. The Conference Board’s Consumer Confidence Index jumped ... Read more

April Sees Surge in China’s Industrial Profits: How Beijing’s Policies Are Softening Tariff Blow

April Sees Surge in China’s Industrial Profits: How Beijing’s Policies Are Softening Tariff Blow

China’s industrial profits saw a rise for the second month in a row in April, thanks to government support for ... Read more

Last Call: Grab Your Southwest Plane Tickets with Two Free Checked Bags Before Policy Change!

Last Call: Grab Your Southwest Plane Tickets with Two Free Checked Bags Before Policy Change!

Recent news from Southwest Airlines is stirring up a lot of chatter. After over fifty years, the airline is getting ... Read more

Trump Approves Game-Changing Nippon Steel Merger with U.S. Steel: What It Means for the Industry

Trump Approves Game-Changing Nippon Steel Merger with U.S. Steel: What It Means for the Industry

President Donald Trump announced a new partnership between U.S. Steel and Nippon Steel, following the Japanese company’s previous bid to ... Read more

Why the U.S. Market Sell-Off Is Unlikely to Find Support: Insights from Today’s CNBC Daily Open

Why the U.S. Market Sell-Off Is Unlikely to Find Support: Insights from Today’s CNBC Daily Open

Things are getting shaky in U.S. markets. Recently, after a brief pause in tariff chaos, fears about rising U.S. debt ... Read more

China Accuses U.S. of Jeopardizing Trade Talks with Huawei Chip Warning: What It Means for Global Markets

China Accuses U.S. of Jeopardizing Trade Talks with Huawei Chip Warning: What It Means for Global Markets

China has voiced strong disapproval of the U.S. following a recent warning about using certain Chinese tech components, particularly those ... Read more

Consumer Sentiment Dips to Second-Lowest Ever: How Rising Inflation Expectations and Tariffs are Impacting Your Wallet

Consumer Sentiment Dips to Second-Lowest Ever: How Rising Inflation Expectations and Tariffs are Impacting Your Wallet

U.S. consumers are feeling more anxious about rising prices, according to a recent survey from the University of Michigan. The ... Read more

Fed Chair Powell Warns of Rising Long-Term Rates Amid ‘Supply Shocks’ Creating Policy Challenges

Fed Chair Powell Warns of Rising Long-Term Rates Amid ‘Supply Shocks’ Creating Policy Challenges

Federal Reserve Chair Jerome Powell recently discussed the evolving landscape of interest rates and economic policy. He emphasized that longer-term ... Read more

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