Browsing: Economy

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

German Chancellor Friedrich Merz said President Donald Trump’s tariffs are threatening his economy, adding that he believes free trade and…

Treasury Secretary Scott Bessent downplayed the impact of Moody’s downgrading the U.S. government’s credit rating in an interview on Sunday. Moody’s…

A 100-point drop in a credit score can be “absolutely catastrophic.” It can also take years to recover from, according…

The California Avocado Commission (CAC) is urging the Trump administration to take actions to help protect the Golden State’s avocado…

Moody’s Ratings on Friday announced a downgrade of the U.S. government’s credit rating, moving it down a notch from the…

The Trump administration dropped a lawsuit against Southwest Airlines over its allegedly chronic flight delays. In March, Reuters reported that…

JPMorgan Chase CEO Jamie Dimon on Monday criticized financial regulators for not easing rules that are raising costs for borrowers…

A new report by Goldman Sachs finds that while House Republicans’ tax cut package that’s moving through the reconciliation process cuts…

Consumers are failing to make payments on their short-term loans.  While Klarna, a significant player in the buy now, pay…