Tag: Breaking News: Economy

Detroit automakers have cut more than 20,000 U.S. salaried jobs as AI threat looms

Fed Governor Miran submits resignation, throws support behind Warsh as new chair

Bond market believes Fed behind the curve on inflation as Warsh takes over

Bessent sees ‘substantial disinflation’ ahead as Warsh takes over the Fed

Americans still feel bad about the economy. When will it get better?

Xi asks Trump if U.S. and China can avoid ‘Thucydides Trap’ at high-stakes summit

Allegiant CEO makes case for low-cost airline model as Sun Country acquisition closes

Kevin Warsh wins Senate confirmation as the next Federal Reserve chair

Wholesale inflation jumps 6% in April on annual basis, biggest increase since 2022

Consumer prices rose 3.8% annually in April, the highest since May 2023