Trump Trade War Will Hurt US Economy, IMF Warns
President Trump’s trade war could deliver a significant blow to the global economy, with the U.S. being hit particularly hard, according to the latest...
Trump Denies He Wants to Fire Fed Chief
President Donald Trump said Tuesday that he has no intention of firing Federal Reserve Chair Jerome Powell. “Never did,” Trump told reporters. “The...
Bessent Says Trade War With China Should ‘De-Escalate’ Soon
Treasury Secretary Scott Bessent told a group of investors Tuesday that the punishing trade war between the U.S. and China cannot be sustained, and he...
Trump Ratchets Up His Attacks on Fed’s Powell, Spooking Investors
President Trump on Monday renewed his call for the Federal Reserve to cut interest rates and continued his attacks on Fed Chair Jerome Powell, who...
Trump Plans New Fees on Chinese Ships as Trade War Expands
The Trump administration plans to impose new fees on Chinese ships that enter U.S. ports, saying it wants to boost demand for vessels made...
Trump Calls for Fed Chief’s ‘Termination’
In an early morning post on his social media platform Thursday, President Trump harshly criticized Federal Reserve Chairman Jerome Powell and...
Fed Chief Warns Trump’s Tariffs ‘Highly Likely’ to Spark Inflation
President Donald Trump’s tariff war could make it more difficult for the nation’s central bank to keep the lid on inflation, Federal Reserve Chair...
Consumer Sentiment Plunges as Inflation Fears Rise
American consumers are growing increasingly worried about their financial futures, with growing concerns about a weakening economy and rising...
China Raises Tariff on US Imports to 125%
China retaliated against the Trump administration’s tariff hikes on Chinese goods by raising its import tax on U.S. goods to 125%, starting on April...
Inflation Hit 6-Month Low in March, but Tariffs Loom
Inflation slammed on the brakes in March, according to new government data released Thursday, as the consumer price index fell 0.1% on a monthly basis...