Browsing: Economy

U.S. President Donald Trump’s 50% tariffs on most imported steel and aluminum went into effect on Wednesday, the same day…

For the first time since the Smoot-Hawley Act of 1930, tariffs are not just a tool of U.S. economic policy — they’re its most expansive and aggressively…

Companies in the private sector added just 37,000 jobs in May, payroll processing firm ADP said Wednesday. The figure is…

President Donald Trump on Wednesday called on Federal Reserve Chairman Jerome Powell to lower interest rates after ADP reported weak…

President Donald Trump’s “big, beautiful bill” would cut taxes by $3.7 trillion while raising deficits by $2.4 trillion over a…

Amazon is investing $10 billion to create data centers in North Carolina aimed at expanding its artificial intelligence and cloud…

A group of more than 300 economists on Thursday sent a letter to President Donald Trump and Republican leaders in Congress…

The European Central Bank (ECB) cut interest rates as expected on Thursday and kept all options on the table for…

Mortgage rates declined for the first time in weeks, though they are still hovering near 7%, mortgage buyer Freddie Mac…

Layoffs of U.S. workers were nearly 50% higher in May than they were a year ago, with reductions attributed to…