Trending in Economy
Federal Reserve Holds Rates Amid Jobs Weakness...
WASHINGTON — The Federal Reserve held its benchmark interest rate steady at 3.5% to 3.75% at its J...
US Airfares Expected to Stay Elevated Despite Oil Moves...
CHICAGO — U.S. airfares are likely to remain elevated even if oil prices ease, as strong travel de...
Yen Intervention Effects Fade After BOJ Rate Signals...
The yen’s rebound from a rare joint intervention by Japan and the United States is losing momentum...
Stocks Dip as Oil Rises on Iran Tensions...
NEW YORK — Global stocks edged lower on Tuesday as oil prices held near one-week highs, with stall...
US Trade Deficit Narrows Slightly in June Data...
WASHINGTON — The U.S. trade deficit narrowed slightly in June as imports fell more than exports, p...
Average Monthly Private Payroll Growth Surges to More Than Double 2025 Rate...
WASHINGTON — Average monthly private-sector payroll growth in the United States has more than doubled from last year's...
Worker Wages Continue to Outpace Inflation Despite Elevated Energy Prices...
WASHINGTON — Worker wages continued to rise faster than inflation during the first quarter of 2026 despite higher ener...
Treasury Reports Business Investment Rose More Than Ten Percent in First Quarter...
WASHINGTON — Business investment in the United States rose by more than 10% in the first quarter of 2026, driven by st...
CBO Projects Federal Deficit to Grow by 3.4 Trillion Over Next Decade...
WASHINGTON — The Congressional Budget Office (CBO) said federal deficits are projected to increase by about $3.4 trill...
Producer Prices Rise Sharply on Higher Energy Costs in Latest Data...
WASHINGTON — U.S. producer prices rose sharply in May, driven primarily by higher energy costs amid ongoing geopolitic...
Federal Reserve Signals Only One Interest Rate Cut Expected This Year...
WASHINGTON — The U.S. Federal Reserve signaled that policymakers expect only one interest rate cut before the end of 2...
Mortgage Rates Decline Slightly From Recent Highs...
NEW YORK — Average U.S. mortgage rates declined slightly this week from recent highs, with the 30-year fixed-rate mort...
Long-Term Unemployment Trends Rise Amid Economic Shifts...
WASHINGTON — The number of long-term unemployed Americans rose sharply over the past year even as the overall unemploy...
New Fed Chief Faces Early Test With Potential Interest Rate Hikes...
WASHINGTON — New Federal Reserve Chair Kevin Warsh faces his first policy meeting next week as concerns mount over per...
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