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Economy
NTSB issues urgent warning for Boeing 737 Max engines after bird strikes
The National Transportation Safety Board (NTSB) issued an urgent safety recommendation Wednesday to modify jet…
Mortgage rates fall to 6.84%: Freddie Mac
Mortgage rates declined for the first time in weeks, though they are still hovering near…
Trump doubles steel tariffs to combat foreign market manipulation
President Donald Trump has now raised steel tariffs to 50% from 25%. This increase is absolutely essential…
Fed’s Waller says interest rate cuts could happen as soon as July
The Federal Reserve has held off on cutting interest rates in 2025 to date, although one…
Retail job cuts spike as major chains close stores amid economic pressure
The number of job cuts announced in the first five months of 2025 increased 80%…
NY Fed survey shows businesses passing tariff costs to consumers via prices
The Federal Reserve Bank of New York recently released a survey that found businesses are passing…
May CPI: Inflation ticked slightly higher on an annual basis last month
Inflation increased slightly in May and remained above the Federal Reserve's target rate ahead of…
Vance calls Fed’s refusal to cut rates ‘monetary malpractice’
Vice President JD Vance on Wednesday echoed President Donald Trump’s calls for the Federal Reserve…
Dimon warns US economy’s ‘soft landing’ could deteriorate
JPMorgan Chase CEO Jamie Dimon issued a new warning about the U.S. economy, saying that conditions…
Powell’s Fed chair term ends 2026, Trump already seeking replacement: report
Federal Reserve Chair Jerome Powell has faced significant criticism from the Trump administration over the central…
Mortgage rates fall to 6.84%: Freddie Mac
Mortgage rates declined for the first time in weeks, though they are still hovering near…
JetZero to build $4.7B aircraft factory in Greensboro, creating 14,500 jobs
JetZero is making a significant investment in North Carolina as the company plans to construct…
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