Economy

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Inflation expectations drift back down to pre-tariff levels, New York Fed survey shows

Inflation expectations drift back down to pre-tariff levels,...

Fears earlier this year that President Donald Trump's tariffs would result in a...

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Treasury posts unexpected surplus in June as tariff receipts surge

Treasury posts unexpected surplus in June as tariff receipts...

Last month saw a surplus of a little more than $27 billion, following a $316 billion...

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Trump announces 35% tariffs on Canada starting Aug. 1, warns of higher levies if Ottawa retaliates

Trump announces 35% tariffs on Canada starting Aug. 1,...

U.S. President Donald Trump announced a 35% tariff on Canadian imports, starting...

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Trump threatens extra 10% tariff on countries that align with 'Anti-American' BRICS policies

Trump threatens extra 10% tariff on countries that align...

Trump confirmed the U.S. will start delivering letters on Monday, detailing tariff...

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Private sector hiring rose by just 37,000 in May, the lowest in more than two years, ADP says

Private sector hiring rose by just 37,000 in May, the lowest...

The report comes two days before the more closely watched nonfarm payrolls count...

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Fed 'Beige Book' economic report cites declining growth, rising prices and slow hiring

Fed 'Beige Book' economic report cites declining growth,...

The report noted that "economic activity has declined slightly since the previous...

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Most companies are already raising prices or plan to because of tariffs, data shows

Most companies are already raising prices or plan to because...

Two different surveys show most firms plan to pass along tariff costs to consumers.

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Inflation fears receded in May as Trump eased some tariff threats, New York Fed survey shows

Inflation fears receded in May as Trump eased some tariff...

The one-year inflation outlook took a substantial dip, down to 3.2% — a 0.4 percentage...

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CEO recession expectations decline from April scare, survey says

CEO recession expectations decline from April scare, survey...

The latest poll showed less than 30% of CEOs expected some sort of recession or...

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Bulgaria is set to join the euro zone. But its citizens aren't convinced

Bulgaria is set to join the euro zone. But its citizens...

The European Commission and European Central Bank have signed off on Bulgaria joining...

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World Bank sharply cuts global growth outlook on trade turbulence

World Bank sharply cuts global growth outlook on trade...

"This would mark the slowest rate of global growth since 2008, aside from outright...

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Consumer sentiment reading rebounds to much higher level than expected as people get over tariff shock

Consumer sentiment reading rebounds to much higher level...

The University of Michigan's closely watched Surveys of Consumers showed across-the-board...

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Fed Governor Bowman favors July interest rate cut if inflation stays low

Fed Governor Bowman favors July interest rate cut if inflation...

Bowman is the second central banker in recent days to suggest tariffs are likely...

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The private sector lost 33,000 jobs in June, badly missing expectations for a 100,000 increase, ADP says

The private sector lost 33,000 jobs in June, badly missing...

Economists polled by Dow Jones forecast an increase of 100,000 for the month.

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With June jobs report looming, DOGE government layoffs could start becoming a factor

With June jobs report looming, DOGE government layoffs...

A gradual pullback in hiring and job openings has come as hundreds of thousands...