Economy

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Empty shelves, trucking layoffs lead to a summer recession in Apollo's shocking trade fight timeline

Empty shelves, trucking layoffs lead to a summer recession...

U.S. consumers could start to notice trade-related shortages in their local stores...

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Bessent sees tariff agreement as progress in 'strategic' decoupling with China

Bessent sees tariff agreement as progress in 'strategic'...

The trade pact reached over the weekend represents another stage in the U.S. shaking...

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Tariff receipts topped $16 billion in April, a record that helped cut the budget deficit

Tariff receipts topped $16 billion in April, a record that...

Customs duties totaled $16.3 billion for the month, some 86«ove the $8.75 billion...

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Inflation rate slipped to 2.1% in April, lower than expected, Fed’s preferred gauge shows

Inflation rate slipped to 2.1% in April, lower than expected,...

The personal consumption expenditures price index was expected to show a 2.2% annual...

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German inflation eases to hotter-than-expected 2.1% in May

German inflation eases to hotter-than-expected 2.1% in...

Economists polled by Reuters had expected the German harmonized consumer price index...

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German fiscal boost won't outweigh tariff drag for euro zone, IMF's Europe head says

German fiscal boost won't outweigh tariff drag for euro...

Following downgrades to its growth outlooks for the U.S., U.K. and many Asian countries,...

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Jobs report Friday to provide important clues on where the economy is heading

Jobs report Friday to provide important clues on where...

A downside surprise could be perilous for the market considering the recent spate...

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Euro zone inflation unchanged at 2.2% in April, leaving path open for further ECB interest rate cuts

Euro zone inflation unchanged at 2.2% in April, leaving...

Economists polled by Reuters had been expecting the reading to come in at 2.1% in...

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U.S. payroll growth totals 177,000 in April, defying expectations

U.S. payroll growth totals 177,000 in April, defying expectations

Nonfarm payrolls were expected to increase by 133,000 in April, according to the...

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Watch Fed Chair Jerome Powell deliver live remarks on policy review

Watch Fed Chair Jerome Powell deliver live remarks on policy...

Federal Reserve Chair Jerome Powell speaks Thursday morning to the Thomas Laubach...

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JPMorgan Chase CEO Jamie Dimon says recession is still on the table for U.S.

JPMorgan Chase CEO Jamie Dimon says recession is still...

Dimon's comments come less than a week after the U.S. and China announced that they...

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Consumer sentiment slides to second-lowest on record as inflation expectations jump after tariffs

Consumer sentiment slides to second-lowest on record as...

Year-ahead inflation expectations rose to 7.3% from 6.5% last month, according to...

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The low-end consumer is about to feel the pinch as Trump restarts student loan collections

The low-end consumer is about to feel the pinch as Trump...

JPMorgan sees this action cutting billions from American's spendable cash pile each...

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Trump advisor Hassett is confident tariffs will prevail despite judges' ruling

Trump advisor Hassett is confident tariffs will prevail...

The comments follow a ruling from judges on the Court of International Trade who...

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Trump adviser Hassett is confident tariffs will prevail despite judges' ruling

Trump adviser Hassett is confident tariffs will prevail...

The comments follow a ruling from judges on the Court of International Trade who...

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Inflation job nearly done but tariff risks loom — What European Central Bank members said this week

Inflation job nearly done but tariff risks loom — What...

On tariffs, one central banker said: "In the short run, we will have lower growth....