Fed Chair Powell won’t be fired but should cut interest rates
U.S. President Donald Trump speaks at the White House in Washington, D.C., U.S., April 22, 2025. Kevin Lamarque | Reuters President Donald Trump on Tuesday said he has “no intention” …
Breaking News: Economy
United Airlines (UAL) Q1 2025 earnings
A United Airlines Boeing 767 passenger aircraft approaches Newark Liberty International Airport as trucks travel near the Port Jersey Container Terminal in Jersey City, New Jersey, on April 8, 2025. …
UK economy contracts in July as mild recession looms
Men and women socialize at the end of the day outside The Castle Pub in London, United Kingdom. Robert Nickelsberg | Getty Images News | Getty Images LONDON — U.K. …
Credit crunch worries at 10-year plus high, New York Fed survey says
Choochart Choochaikupt | Istock | Getty Images American consumers are worried about access to credit amid persistently higher interest rates and tighter standards at banks, according to a New York …
New Ford EV battery plant brings jobs, debates to small town Michigan
MARSHALL, MICH. – On a gusty morning in a quaint central Michigan town, the sun’s glow hits the brightly colored mural on the side of a brick building. It reads, …
Germany predicted to be the only major European economy to contract
A metalworker grinding a peace of metal is pictured in a forge in Klitten, Germany. Manufacturing activity has struggled this year. Florian Gaertner | Photothek | Getty Images Germany is …
Why Saudi Arabia is betting big on soccer
Soccer in Saudi Arabia has entered a new era — the era of having global superstars play on Saudi turf. The 31-year-old Brazilian soccer star Neymar just became the latest …
International travel surges while domestic airfares, hotel rates lag
Women pose for a photo while holding an ice cream at Trevi fountain during hot weather as a heat wave hits Europe in Rome, Italy, July 19, 2022. Guglielmo Mangiapane …
Can stocks finish strong in 2023? Wall Street giants weigh in
Traders on the floor of the NYSE, Aug. 15, 2023. Source: NYSE Stock markets are coming off a rough month, but strategists at some of Wall Street’s biggest banks are …
Biden hails dockworker union contract as UAW deadline nears
The loading and unloading of cargo freighters has been suspended at all 29 U.S. West Coast ports this weekend because of chronic slowdowns on the docks that shippers and terminal …