Breaking News: Politics
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Economy
Treasury Department is set to lay off a ‘substantial’ number of employees, official says
People take pictures of the U.S. Treasury Department building in Washington, D.C., on Feb. 6, 2025. Mandel Ngan | AFP…
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Economy
British businesses pile on the pressure on U.K. Financial Minister Reeves ahead of budget update
Rachel Reeves, UK chancellor of the exchequer, outside 11 Downing Street ahead of presenting her budget to parliament in London,…
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Economy
Consumer confidence in where the economy is headed hits 12-year low
Shoppers walk near a Nordstrom store at the Westfield UTC shopping center on Jan. 31, 2025 in San Diego, California.…
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Finance
China invites U.S. business leaders to Beijing as it tries to decipher Trump’s trade plans
Attendees pose for a group photo before the opening ceremony of the China Development Forum 2025 at the Diaoyutai Guesthouse…
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Economy
Accenture is DOGE’s first corporate casualty as shares dive on warning contracts will be cut
Accenture signage is pictured in Warsaw, Poland, on Aug. 7, 2024. leksander Kalka | Nurphoto | Getty Images Shares of…
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Economy
Trump says the Fed should cut rates to ease the economy’s transition to his tariffs
U.S. President Donald Trump reacts as he meets NATO Secretary General Mark Rutte (not pictured), in the Oval Office at…
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Finance
Nvidia CEO Jensen Huang says tariff impact won’t be meaningful in the near term
Nvidia CEO Jensen Huang downplayed the negative impact from President Donald Trump’s tariffs, saying there won’t be any significant damage…
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Economy
Bank of England expected to keep rates on hold amid headwinds it can’t fully predict or control
The Bank of England in London on Feb. 12, 2024. Henry Nicholls | Afp | Getty Images The Bank of…
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Finance
Texas has ‘stronger brand than New York’ as Wall Street looks south, Gov. Greg Abbott says
Texas is continuing to stake a claim as a rival to Wall Street as a key financial hub in the…
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Finance
Slower economic growth is likely ahead with risk of a recession rising, according to the CNBC Fed Survey
Federal Reserve Chair Jerome Powell testifies before the Senate Banking Committee in the Hart Senate Office Building on Capitol Hill…
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