Michigan Manufacturers Weigh Mixed Effects of Trump Tariffs
A Michigan industrial firm says Trump's tariffs have broadly benefited its business, reflecting divided sentiment across the state's manufacturing sector.
A Michigan industrial firm says Trump's tariffs have broadly benefited its business, reflecting divided sentiment across the state's manufacturing sector.
The bottom half of Americans has more than doubled its net worth since 2019, but algorithmic feeds may be obscuring the economic progress.
Analysis suggests the economic policies of the Trump era disproportionately benefited high-income coastal residents, not the working-class base they targeted.
The Federal Reserve kept interest rates unchanged, yet several policymakers say further tightening remains on the table.
Worker compensation is rising at its slowest pace in five years, with inflation outpacing pay gains for a second consecutive quarter.
GDP expanded at a 3.4% annual rate in Q3, driven by strong consumer spending, even as many voters rate the economy poorly.
Federal Reserve officials are poised to resume rate increases in December, with the pace of future moves hinging on incoming economic data.
The Federal Reserve held rates steady, keeping pressure on consumers burdened by costly mortgages, auto loans, and credit-card debt.
Kevin Warsh addressed reporters in a closely watched news conference. Here are the main points from his remarks.
The White House has intensified efforts to oust Fed Governor Lisa Cook amid mortgage fraud allegations she denies, complicating the Fed's outlook.
The Federal Reserve is expected to keep interest rates unchanged while Chair Kevin Warsh acknowledges inflation work remains unfinished.
Analysts say investors are watching the wrong indicator. Financial conditions, not the fed-funds rate, may signal the Fed's next step.
A historic investment surge has produced clear economic winners, yet widespread pessimism persists among ordinary Americans who feel excluded from the gains.
Diesel costs and trade uncertainty are straining Iowa's economy, potentially threatening Republican hold on a traditionally red state.
Rising populism and investor anxiety are squeezing France's government in a dangerous fiscal cycle that threatens economic stability.
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