US Court Blocks Most Trump Tariffs, Says President Exceeded His Authority May 29, 2025 By Dietrich Knauth and Daniel Wiessner A U.S. trade court blocked most of President Donald Trump’s tariffs in a sweeping ruling on Wednesday that found the...
Labor Market Stays Resilient, but Workers Less Productive in Q1 May 12, 2025 By Lucia Mutikani The number of Americans filing new applications for unemployment benefits fell sharply as the spring break-related boost from the prior...
IMF Slashes Global Outlook as White House Says Trade Talks Pick Up Pace April 23, 2025 By Andrea Shalal and David Lawder Worldwide economic output will slow in the months ahead as U.S. President Donald Trump’s steep tariffs on virtually all trading...
Economic Threats Top of Mind for US Business Leaders December 10, 2024 Economic downturn, labor shortages and inflation top the list of concerns for business leaders globally, according to the World Economic...
US Small-Business Optimism Soars to Three-Year-High After Trump Win December 10, 2024 US small-business optimism surged in November to a more than three-year high in anticipation of more favorable economic policies after...
Consumers’ Refusal to Keep Paying Higher Prices May Halt Inflation Spike August 14, 2024 By Christopher Rugaber The great inflation spike of the past three years is nearly spent — and economists credit American consumers for helping...
Social Inflation Fix: Insurers Can’t Be Out Front, Chubb’s Greenberg Says June 6, 2024 By Susanne Sclafane Although insurers can help to stop the growth of social inflation, they can’t lead the effort, an industry executive said...
Fed’s Powell Downplays Potential for a Rate Hike Despite Higher Price Pressures May 16, 2024 By Christopher Rugaber Federal Reserve Chair Jerome Powell said Tuesday that the central bank is unlikely to raise its key interest rate in...
US Inflation Up Again in February in Latest Sign Price Pressures Remain Elevated March 14, 2024 By Christopher Rugaber Consumer prices in the United States picked up last month, a sign that inflation remains a persistent challenge for the...
Lingering Inflation Risks Keep Fed Officials in Wait-and-See Mode on Rate Cuts February 14, 2024 By Craig Torres The Federal Reserve entered 2024 within spitting distance of its inflation goal. But that’s not quite close enough for policymakers....