Trump says Treasury Secretary Bessent ‘does not want’ to be Fed chair, but 4 others in running
President Donald Trump told CNBC on Tuesday that he has narrowed the field of potential future Federal Reserve chairs to…
Global Economy News, Financial Trends & Market Analysis
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Chocolate, skincare and timepieces: What 39% tariffs on Swiss goods mean for U.S. consumers
Premium collection of dark, milk and white chocolates.Anna Kurzaeva | Moment | Getty ImagesU.S. buyers of Swiss products, from luxury…
Contentious July jobs report confirms the U.S. economy is slowing sharply. Here’s why
Caution tape hangs near the steps of Federal Hall across from the New York Stock Exchange in New York.Michael Nagle…
Trump set to name replacements at the Fed and Bureau of Labor Statistics in coming days
US President Donald Trump speaks to journalists at Lehigh Valley International Airport in Allentown, Pennsylvania, on August 3, 2025 as…
Fed Governor Kugler is resigning, giving Trump a nominee on committee that sets interest rates
Dr. Adriana Kugler, member of the Board of Governors of the Federal Reserve, speaks to The Economic Club of New…
U.S. added just 73,000 jobs in July and numbers for prior months were revised much lower
Nonfarm payroll growth was slower than expected in July and the unemployment rate ticked higher, raising potential trouble signs for…
Here’s where the jobs are in this slowing economy
Jose Luis Pelaez Inc | Digitalvision | Getty ImagesHealth care remained a resilient sector for jobs in July even as…
Trump modifies tariff rates ahead of deadline, levies 40% duties on all transshipped goods
File photoBrandon Bell | Getty ImagesU.S. President Donald Trump signed an executive order Thursday that modified “reciprocal” tariffs on dozens…
Euro zone inflation holds steady at higher-than-expected 2% in July
A customer stands in front of a fruit and vegetable stall at an open-air market in Paris on July 15,…
German inflation dips to cooler-than-expected 1.8% in July
Rhineland-Palatinate, Mainz: Fruit is sold at the weekly market.Andreas Arnold/dpa | Picture Alliance | Getty ImagesGerman inflation fell more than…
U.S. economy grew at a 3% rate in Q2, a better-than-expected pace even as Trump’s tariffs hit
The U.S. economy grew at a much stronger-than-expected pace in the second quarter, powered by a turnaround in the trade…
Companies from Stanley Black & Decker to Conagra are saying tariffs will cost them hundreds of millions
DeWalt power tools are displayed at a Home Depot on May 2, 2025 in New York City. Michael M. Santiago…
The EU-U.S. trade deal could have one unexpected winner: The UK
Keir Starmer, UK prime minister, left, and US President Donald Trump, ahead of their meeting at the Trump Turnberry golf…
Even with high tariffs, Trump’s trade war suddenly is starting to look not so scary on Wall Street
U.S. President Donald Trump talks to the media as he meets with British Prime Minister Keir Starmer (not pictured) at…
Trump says he believes Powell is ready to start lowering rates
President Donald Trump on Friday expressed confidence the Federal Reserve will start lowering interest rates, a day after he met…
El-Erian breaks ranks with Wall Street, says Powell should resign to preserve Fed independence
President of Queens’ College of Cambridge University Mohamed El-Erian speaks during a panel discussion at the headquarters of the International…
Treasury Secretary Bessent calls for a review of ‘the entire’ Federal Reserve
Treasury Secretary Scott Bessent on Monday suggested a review of the Federal Reserve that would go beyond the current controversy…
Brexit made businesses abandon the UK. Trump’s hefty EU tariffs could bring them back
A European Union (EU) flies alongside a British Union flag, also known as a Union Jack in London.Jason Alden |…
‘30% is untenable’: From Irish whiskey to Italian cheese, Trump’s tariff threat rattles EU exporters
June O’Connell, founder and director at Irish gin and whiskey-makers Skellig Six18 Distillery, said U.S. tariffs have hit her business…
Israel’s stock market outperforms Middle East counterparts despite multi-front wars
A missile is intercepted over Tel Aviv on June 20, 2025, after a Iran fired a fresh salvo of missiles.John…
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