Economic News
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US economy grows at a sluggish 1.5% in second-quarter with inflation remaining stubbornly high
The U.S. economy expanded at a sluggish 1.5% pace from April through June as rising imports weighed on growth
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Bank of England keeps key rate at 3.75% for the fifth time this year
The Bank of England kept its key interest rate on hold for the fifth time this year after a bigger-than-expected drop in the inflation rate last month gave policymakers breathing space to assess the fallout from renewed fighting in Iran
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The Federal Reserve’s favored measure of inflation rose 3.7% last month, above its 2% target
The Federal Reserve’s favored measure of inflation rose 3.7% last month, above its 2% target
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US filings for jobless benefits rise to 197,000 last week, but layoffs remain historically low
US filings for jobless benefits rise to 197,000 last week, but layoffs remain historically low
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Trump touted his tariffs in Michigan despite rising costs. Even some of his supporters are worried
President Donald Trump says car companies are thriving due to tariffs and other key policies he's instituted as president
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Wildfires near Bordeaux bring more troubles to France's wine industry
Wildfires near Bordeaux are hurting the wine region's economy
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Fed leaves interest rate unchanged but with 3 dissents as Warsh praises 'good family fight'
The Federal Reserve left its key interest rate unchanged Wednesday despite persistently high inflation and a spike in energy prices caused by the Iran war
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Oil prices jump, while the Dow drops more than 1,100 as sinking AI stocks drag Wall Street lower
Oil prices got back to jumping, while sinking technology stocks dragged Wall Street lower amid uncertainty about what the Federal Reserve will do to get high inflation under control
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Federal Reserve leaves interest rate unchanged in 9-3 vote, but a hike is widely expected at next meeting in September
Federal Reserve leaves interest rate unchanged in 9-3 vote, but a hike is widely expected at next meeting in September
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US bans foreign-made humanoid robots, targeting China over national security
The U.S. Federal Communications Commission is banning imports of new foreign-made humanoid robots and power inverters, citing national security risks
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