Economy

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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…

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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…

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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…

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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…

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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…

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Mortgage rates fall to 6.84%: Freddie Mac

Mortgage rates declined for the first time in weeks, though they are still hovering near…

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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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Honeywell safety tech being installed across Southwest’s 737 fleet

Southwest Airlines is in the process of outfitting all of its Boeing 737 planes with…

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Fed expected to hold rates steady despite Trump’s calls for deep cuts

The Federal Reserve will announce its latest decision on whether to cut interest rates on Wednesday…

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Trump admin reports significant wage increase for blue-collar workers in 2025

The Trump administration is touting gains made by blue-collar workers in the first few months…

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