News

Bank of England narrowly votes to cut interest rates to 4% as balancing act continues

Bank of England narrowly votes to cut interest rates to 4% as balancing act continues

Published Thu, Aug 7 20257:01 AM EDT Key Points The nine-member MPC voted by a majority of ...
Trump’s ‘reciprocal’ tariffs come into effect, hitting dozens of U.S. trading partners

Trump’s ‘reciprocal’ tariffs come into effect, hitting dozens of U.S. trading partners

Published Thu, Aug 7 20252:32 AM EDT Key Points “IT’S MIDNIGHT!!! BILLIONS OF DOLLARS IN TA...
War-weary Syria will be hurt further by Trump’s 41% tariff rate — the highest on earth

War-weary Syria will be hurt further by Trump’s 41% tariff rate — the highest on earth

Published Wed, Aug 6 202512:36 AM EDT Key Points The Trump administration has hit Syria wit...
Trump says Treasury Secretary Bessent ‘does not want’ to be Fed chair, but 4 others in running

Trump says Treasury Secretary Bessent ‘does not want’ to be Fed chair, but 4 others in running

Published Tue, Aug 5 20258:15 AM EDT Key Points President Donald Trump told CNBC that he ha...
Contentious July jobs report confirms the U.S. economy is slowing sharply. Here’s why

Contentious July jobs report confirms the U.S. economy is slowing sharply. Here’s why

Published Mon, Aug 4 20251:59 PM EDT Key Points Though it may have been controversial, the ...
Trump set to name replacements at the Fed and Bureau of Labor Statistics in coming days

Trump set to name replacements at the Fed and Bureau of Labor Statistics in coming days

Published Mon, Aug 4 20258:21 AM EDT Key Points President Donald Trump plans over the next ...
Fed Governor Kugler is resigning, giving Trump a nominee on committee that sets interest rates

Fed Governor Kugler is resigning, giving Trump a nominee on committee that sets interest rates

Published Fri, Aug 1 20253:30 PM EDT Dr. Adriana Kugler, member of the Board of Governors...
Euro zone inflation holds steady at higher-than-expected 2% in July

Euro zone inflation holds steady at higher-than-expected 2% in July

Published Fri, Aug 1 20255:05 AM EDT Key Points Annual euro zone inflation came in at 2% in...
Trump modifies tariff rates ahead of deadline, levies 40% duties on all transshipped goods

Trump modifies tariff rates ahead of deadline, levies 40% duties on all transshipped goods

Published Thu, Jul 31 20257:47 PM EDT Key Points Countries that are not listed in the lates...
U.S. economy grew at a 3% rate in Q2, a better-than-expected pace even as Trump’s tariffs hit

U.S. economy grew at a 3% rate in Q2, a better-than-expected pace even as Trump’s tariffs hit

Published Wed, Jul 30 20258:30 AM EDT Key Points Gross domestic product jumped 3% for the s...
Private company hiring bounced back with a 104,000 increase in July, ADP says

Private company hiring bounced back with a 104,000 increase in July, ADP says

Published Wed, Jul 30 20258:15 AM EDT Key Points Private payrolls rose by a seasonally adju...
Companies from Stanley Black & Decker to Conagra are saying tariffs will cost them hundreds of millions

Companies from Stanley Black & Decker to Conagra are saying tariffs will cost them hundreds of millions

Published Wed, Jul 30 20256:51 AM EDT Key Points Companies ranging from Stanley Black &...