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Does he understand that if he fires Federal Reserve chair Jerome Powell, the Fed will lose anti-inflation credibility and the general level of interest rates will rise, not fall? Does he really ...
The Trump administration says it will facilitate the return of former detainees of an El Salvador prison to the U.S. from ...
U.S. consumers boosted their spending in June following a pullback the previous month, offering a reassuring sign for the ...
The second-quarter earnings season is off to a ripping start, with consumer strength powering resilient corporate profits. In ...
In China, a 5.2% increase in second-quarter gross domestic product beat expectations, bringing the official 5% expansion goal ...
Wall Street economist Torsten Sløk warns that Donald Trump's tariffs could trigger significant inflation, peaking in November or December, impacting consumer prices on gifts and groceries. This could ...
Coffee prices surged 12.7% in June compared to a year earlier, according to inflation data. Tariffs could drive the cost of ...
An overly concentrated rally also likely means there are good opportunities for long-term investors in the parts of the ...
Medicaid began as a welfare program, but 60 years later it covers one in five Americans. WSJ explains how it got so big, and how the “Big Beautiful Bill” will change it.
Despite all the drama of President Donald Trump's first six months back in office, his poll numbers remain mostly stable, ...
Trump has rolled back many of his steepest tariffs over recent months, including a sky-high levy on China, the top source of U.S. imports. In recent days, however, Trump announced plans to slap ...
What’s more, businesses stockpiled inventory in advance of the deadline and Customs and Border Protection allows many importers to delay payments for up to a month and a half. Hence, many forecasters ...