Federal Reserve Chair Jerome Powell on Tuesday said that the central bank has held off on cutting interest rates due to concerns about tariff-induced price hikes on consumers, adding that the Fed like...
The Federal Trade Commission (FTC) is making July "Made in the USA" month.FTC Chairman Andrew Ferguson announced the move on Tuesday as the month of July officially gets underway and the Fourth of Jul...
A new report warns that a side effect of the Trump administration's push to crack down on illegal immigration could further weaken Social Security's finances and speed up its insolvency.Social Securit...
The Canadian government rescinded a digital services tax that was set to take effect on Monday after President Donald Trump threatened to break off trade negotiations between the U.S. and Canada over ...
Canadian Prime Minister Mark Carney will resume trade talks with U.S. President Donald Trump after Canada said late Sunday it was rescinding a digital services tax on American tech companies. The Cana...
President Donald Trump said on Friday that the U.S. is terminating all trade discussions with Canada.Trump cited Canada’s digital services tax on American tech companies as the reason for ending trade...
The Federal Reserve's preferred inflation gauge showed that prices ticked slightly higher in May as the central bank waits for signs of tariff-induced inflation reaching consumers this summer.The Comm...
GE Appliances on Thursday said it would spend $490 million to move the production of most of its washing machines from China to Kentucky.The operation will move to the company's massive industrial App...
The U.S. dollar sank to its lowest level in three years on Thursday following a report that President Donald Trump is planning to pick his nominee to serve as the next chair of the Federal Reserve ear...
The U.S. housing regulator directed Fannie Mae and Freddie Mac to consider cryptocurrency as an asset for single-family mortgage loan risk assessments. Federal Housing Finance Agency (FHFA) Director W...
Mortgage rates fell for the fourth consecutive week to the lowest level since early May, mortgage buyer Freddie Mac said Thursday.Freddie Mac's latest Primary Mortgage Market Survey, released Thursday...
The U.S. economy contracted in the first quarter as tariffs caused importers to surge shipments before higher levies took effect.The Commerce Department's Bureau of Economic Analysis (BEA) released it...