Chris Rugaber

Stay informed with Chris Rugaber’s coverage and analysis for Fortune.

  • A customer pulls a shopping cart at a Costco store in Vallejo, California, US, on Thursday, May 29, 2025. Costco Wholesale Corp. posted better-than-expected earnings in the third quarter, a sign that the nation’s largest club chain is flexing its scale and devoted following to navigate tariffs and other forces of economic turbulence. Photographer: David Paul Morris/Bloomberg via Getty ImagesFinance

    American shoppers appear to have recovered from ‘shock’ of Trump’s ‘extremely high tariffs’ as consumer sentiment rises for first time this year

    By Chris Rugaber and The Associated Press
  • FILE - Rep. Lori Chavez-DeRemer, R-Ore., accompanied by Majority Whip Rep. Tom Emmer, R-Minn., left, and House Majority Leader Rep. Steve Scalise, R-La., right, speaks at a news conference on Capitol Hill in Washington, Jan. 25, 2023.Politics

    Trump chooses Bessent to be treasury secretary, Vought as budget chief, Chavez-DeRemer for Labor

    By Fatima Hussein, Chris Rugaber, and others
  • Jerome Powell, chairman of the US Federal ReserveFinance

    Wall Street’s hope for a rate cut any time soon is dimming as Jerome Powell wrangles persistently hot inflation

    By Chris Rugaber and The Associated Press
  • File – In this photo made with a slow shutter speed, Federal Reserve Board Chair Jerome Powell speaks during a news conference on Dec. 13, 2023, in Washington. Confidence is growing among Federal Reserve officials and many economists that high interest rates and healed supply chains will soon defeat inflation. (AP Photo/Alex Brandon, File)Finance

    The Federal Reserve is on the cusp of defeating inflation without a steep recession: ‘The Fed looks like it has won that battle’

    By Chris Rugaber and The Associated Press
  • FILE – Former President Donald Trump arrives to speak at Mar-a-lago on Election Day, Nov. 8, 2022, in Palm Beach, Fla. Democrats in Congress have released six years’ worth of former President Donald Trump’s tax returns. It’s the culmination of a yearslong effort to learn about the finances of a onetime business mogul who broke decades of political norms when he refused to voluntarily release the information as he sought the White House. (AP Photo/Andrew Harnik, File)Finance

    Taxation experts see ‘red flags’ in Trump tax returns: ‘There’s fishy looking stuff here’

    By Michael R. Sisak, Jill Colvin, and others
  • Suez Canal Remains Blocked By Grounded Container ShipFinance

    How the snafu at the Suez Canal could affect you

    By David Koenig, Chris Rugaber, and others