Atlanta Federal Reserve President Raphael Bostic warned Thursday that he believes tariffs are likely to cause a prolonged stretch of inflation as opposed to a one-time spike in costs.Rather than "a sh...
NASHVILLE, Tenn. – The fireworks industry is expecting to get by this Fourth of July holiday, but trade tensions with China have some worried that sales leading up to America’s 250th birthday in 2026 ...
Congress officially passed President Donald Trump’s "big, beautiful bill," and billionaire Ray Dalio is warning about the possible economic consequences, which could include spending cuts, major tax i...
The U.S. targeted Iran’s "shadow fleet" and an Iraq-Iran oil smuggling network with sanctions Friday in a bid to disrupt Tehran’s "access to the financial resources that fuel its destabilizing activit...
Mortgage rates fell for the fifth consecutive week to the lowest level since mid-April, mortgage buyer Freddie Mac said Thursday.Freddie Mac's latest Primary Mortgage Market Survey, released Thursday,...
The U.S. economy added jobs in June at a faster pace than in recent months, despite economic uncertainty stemming from trade, tax and monetary policy.The Labor Department on Thursday reported that emp...
A new report suggests that the Trump administration's tariff policies are weighing on e-commerce as consumers have reconsidered how they go about making purchases.A report by AlixPartners found that t...
The historic strikes on Iran revealed more than just U.S. power on the world stage — they also exposed the defense industry’s potential weak points in its supply chain. Exiger CEO Brandon Daniels beli...
The U.S. secretary of energy and other elected officials are preparing to travel to Wyoming for the opening of the first new coal mine in the state in more than five decades.The ribbon cutting for the...
Companies in the private sector lost 33,000 jobs in June, payroll processing firm ADP said Wednesday.The figure is well below economists’ estimates of a gain of 95,000 jobs and down from the prior mon...
Waffle House dropped a 50-cent per egg surcharge this week as prices of the popular breakfast food have stabilized. The chain announced the "egg-cellent news" on X, writing in a post that "the egg sur...
Canned-food giant Del Monte Foods filed for bankruptcy on Tuesday, the company announced in a statement.Del Monte Foods began voluntary Chapter 11 proceedings and entered into a restructuring support ...
