Economy
Image
Federal Reserve announces first rate cut of Trump's second term
Chairman Jerome Powell had been hesitant to make such a move, despite public urging from Trump.
Image
Washington surpasses California as state with highest gas prices
In Washington, a gallon of regular gas on Monday cost an average of $4.658
Image
Consumer prices rose at annualized rate of 2.9% in August: federal government
The index is considered the country's most accurate indicator of inflation.
Image
World's largest retailer struggles to keep costs down as tariffs hit
Walmart CEO Doug McMillon told investors that the company could be forced to raise prices further due to tariff pressure.
Image
Business leaders eye immigration reform
A majority of Americans are calling for increased legal pathways for immigrants to work in and live in the United Statesi across various job sectors, according to a new poll commissioned by The Center Square. Ninety-four percent of Americans said it was at least
Image
22,000 jobs added in August, unemployment nears 4-year high
The unemployment rate rose from 4.2% to 4.3% last month
Image
Number of available jobs in US falls below number of unemployed workers for first time since 2021
There are 7.24 million people seeking jobs and 7.18 million open positions
Image
Over 1 million immigrants have left US labor force so far during Trump's second term: report
The 1.2 million number includes legal residents and those in the country illegally.
Image
Federal appeals court halts Trump’s use of emergency powers to impose tariffs
The ruling could affect deals the Trump administration has struck with the European Union, Japan, South Korea among the major trading partners.
Image
Cracker Barrel's embrace of 'woke' culture predates controversial rebranding
Get Woke, Go Broke: The restaurant company joins the likes of Bud Light, Jaguar and Target as subject of conservative ire over rebranding, DEI policies.
Image
Home purchase cancellations happening at record rate, Redfin says
According to Redfin, more than 15% of home sales were canceled in July, which is about 58,000.
Image
Dow hits record high after Fed Chair hints at September rate cuts
The Dow climbed 846 points, or 1.89%, from Thursday’s close to an all-time high of 45,631.74.
Image
U.S.-EU trade deal includes ceiling for European pharmaceutical imports
The 15% ceiling on pharmaceutical tariffs is a welcome reprieve from a phased increase of up to 250% in the coming years – something President Donald Trump mentioned in an interview with CNBC earlier this month.