Breaking News: Economy
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Economy
Most companies are already raising prices or plan to because of tariffs, data shows
Johnson & Johnson manufacturing facility in Wilson, North Carolina. Courtesy: Johnson & Johnson Data from the New York Federal Reserve…
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Economy
Fed ‘Beige Book’ economic report cites declining growth, rising prices and slow hiring
A store closing sign is displayed as customers shop during the last day of a store closing sale at a…
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Economy
Private sector hiring rose by just 37,000 in May, the lowest in more than two years, ADP says
Private sector job creation slowed to a near-standstill in May, hitting its lowest level in more than two years as…
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Finance
Fed Governor Lisa Cook sees tariffs raising inflation and complicating rate policy
Lisa Cook, governor of the Federal Reserve, speaks during a Fed Listens event in Washington, D.C., on March 22, 2024.…
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Economy
Job openings showed surprising increase to 7.4 million in April
Employers increased job openings more than expected in April while hiring and layoffs also both rose, according to a report…
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Finance
‘Big Short’ investor Steve Eisman: Tariffs are my only concern
Investor Steve Eisman of “The Big Short” fame thinks it’s dangerous to chase upside right now. “I have one concern,…
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Economy
People are cooking at home at the highest levels since the start of the pandemic, according to Campbell’s
A worker arranges cans of Campbell’s soup on a supermarket shelf in San Rafael, California. Getty Images Campbell’s has seen…
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Economy
Inflation rate slipped to 2.1% in April, lower than expected, Fed’s preferred gauge shows
Inflation barely budged in April as tariffs President Donald Trump implemented in the early part of the month had yet…
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Finance
Trump tariffs would still ‘pinch’ consumers even if trade court block holds, economist says
President Donald Trump holds a chart as he announces a plan for tariffs on imported goods during an event April…
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