Breaking News: Economy

May Sees Eased Inflation Fears as Trump Calms Tariff Threats, Reveals New York Fed Survey

May Sees Eased Inflation Fears as Trump Calms Tariff Threats, Reveals New York Fed Survey

Americans are breathing a bit easier about inflation lately. A recent survey from the New York Federal Reserve reveals that ... Read more

Trump Warns Elon Musk of ‘Serious Consequences’ for Supporting Democratic Candidates: What It Means for 2024

Trump Warns Elon Musk of ‘Serious Consequences’ for Supporting Democratic Candidates: What It Means for 2024

President Donald Trump recently shared strong opinions about Elon Musk in an interview with NBC News. He warned Musk that ... Read more

Elon Musk Deletes Controversial X Posts in Ongoing Trump Feud: What You Need to Know

Elon Musk Deletes Controversial X Posts in Ongoing Trump Feud: What You Need to Know

Elon Musk has recently stirred the pot on social media. He deleted some posts that intensified his feud with former ... Read more

May Payroll Surge: U.S. Adds 139,000 Jobs, Surpassing Expectations — Unemployment Drops to 4.2%

May Payroll Surge: U.S. Adds 139,000 Jobs, Surpassing Expectations — Unemployment Drops to 4.2%

Hiring slowed a bit in May, according to a report from the Bureau of Labor Statistics. Nonfarm payrolls increased by ... Read more

Trump vs. Musk: Reactions from Billionaires, Politicians, and Pundits – What Everyone Is Saying!

Trump vs. Musk: Reactions from Billionaires, Politicians, and Pundits – What Everyone Is Saying!

Once, Donald Trump and Elon Musk were allies, often seen together, praising each other publicly. Now, they’re locked in a ... Read more

Trump Urges Powell to Lower Interest Rates: ‘It’s Time!’ After Disappointing ADP Jobs Report

Trump Urges Powell to Lower Interest Rates: ‘It’s Time!’ After Disappointing ADP Jobs Report

U.S. Federal Reserve Chair Jerome Powell recently faced criticism from former President Donald Trump over interest rates. Trump’s frustration peaked ... Read more

May Sees Surprise Drop in Private Sector Hiring: Only 37,000 New Jobs Added, Says ADP – What It Means for You

May Sees Surprise Drop in Private Sector Hiring: Only 37,000 New Jobs Added, Says ADP – What It Means for You

Private sector job growth hit a snag in May, marking the slowest pace in over two years. According to ADP, ... Read more

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