President Donald Trump said Wednesday it was ‘highly unlikely’ he would fire Jerome Powell as chair of the Federal Reserve. His…
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Editor's Pick
Inflation picks up again in June as tariffs slowly work their way through U.S. economy
by adminConsumer prices rose in June as President Donald Trump’s tariffs began to slowly work their way through the U.S. economy. The…
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Editor's Pick
Jerome Powell asks inspector general to review Fed’s $2.5B renovation project
by adminThe Federal Reserve has brought in its inspector general to review a building expansion that has drawn fire from the White…
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Editor's Pick
Some Walmart garment orders from Bangladesh on hold due to U.S. tariff threat
by adminLONDON/NEW YORK, July 11 (Reuters) – Suppliers to Walmart WMT.N have delayed or put on hold some orders from garment manufacturers…
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President Donald Trump’s proposed 50% tariff on Brazilian imports is bad news for coffee drinkers. Brazil, the largest U.S. supplier of…
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SAN FRANCISCO — OpenAI is close to releasing an AI-powered web browser that will challenge Alphabet’s market-dominating Google Chrome, three people…
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What’s “Froot Loops” in Italian? The European confectionary company Ferrero has agreed to buy WK Kellogg Co., the manufacturer of iconic…
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Editor's Pick
White House accuses Powell of mismanaging Federal Reserve, citing headquarters renovation
by adminPresident Donald Trump’s budget chief on Thursday said that Federal Reserve Chairman Jerome Powell “has grossly mismanaged the Fed” and suggested…
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Oak View Group CEO Tim Leiweke was indicted on a federal criminal conspiracy charge related to allegedly rigging a bid to…
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Editor's Pick
Amazon extends Prime Day discounts to 4 days as retailers weigh tariffs and price increases
by adminAmazon is extending its annual Prime Day sales and offering new membership perks to Gen Z shoppers amid tariff-related price worries…