Trending in Economy

Senate Passes Landmark Bipartisan Housing Affordability Bill...
WASHINGTON — The U.S. Senate on Monday passed a bipartisan housing affordability bill aimed at boo...

Big Beautiful Bill Tax Stimulus Begins Working Through US Economic Sys...
WASHINGTON — Tax reductions enacted under the Republican-backed “One Big Beautiful Bill Act” a...

Asian Share Markets Fall as US-Iran Talks Progress Raises Uncertainty...
HONG KONG — Asian share markets traded mixed Monday as optimism over progress in U.S.-Iran negotia...

Federal Student Loan Debt Approaches $2 Trillion as Repayment Push Res...
WASHINGTON — Federal student loan debt in the United States is approaching $2 trillion as the fede...

Consumer Price Index Shows Modest Increase in Recent Month...
WASHINGTON — Consumer prices rose modestly in May, according to data released by the U.S. Bureau o...

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...

Trump Cancels Planned Strikes on Iran Citing Progress in Peace Talks...
WASHINGTON — U.S. President Donald Trump said on Thursday he canceled planned military strikes against Iran, citing pr...

US Inflation Rises to Three-Year High Amid Surging Energy Prices...
WASHINGTON — U.S. consumer prices rose at the fastest annual pace in three years in May as surging energy costs, drive...

Wholesale Prices Spike as Energy Costs Climb in May...
WASHINGTON — U.S. wholesale prices rose sharply in May as energy costs climbed amid ongoing disruptions in global mark...

US Employers Add 172000 Jobs in May Despite Economic Pressures...
WASHINGTON — U.S. employers added 172,000 jobs in May, exceeding economists’ expectations, as the labor market showe...

IMF Warns Nigeria Against Opaque Swap Deal Amid Economic Pressures...
LAGOS — The International Monetary Fund has warned Nigeria of risks associated with a proposed $5 billion total return...