Inflation

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Empty boxes are stacked for reuse at A Sight For Sport Eyes, a brick-and-mortar and e-commerce store for sport goggles, Aug. 20, 2025, in West Linn, Ore.
Retail

‘Consumers are going to be shocked’: An expiring tariff exemption for goods under $800 is about to throttle the world of e-commerce

By Mae Anderson and The Associated Press
August 26, 2025
Lisa Cook, member of the Board of Governors of the US Federal Reserve, attends a Federal Reserve Board meeting and sits with pursed lips in a black suit.
Economy

Investors are salivating over rate cuts as Trump’s attempt to fire Lisa Cook opens the door for a GOP Fed majority: ‘This is very positive’

By
August 26, 2025
President Donald Trump speaks in the Oval Office August 22, 2025 in Washington, DC.
Economy

Trump’s threat to fire another Fed member has Wall Street weighing the price of ‘wrecking institutions’ with ‘scapegoat economics’

By
August 26, 2025
Dow eyes fresh highs as Nvidia gets set to report earnings amid AI bubble fears
Finance

Dow eyes fresh highs as Nvidia gets set to report earnings amid AI bubble fears

By
August 24, 2025
Lagarde
Economy

Lagarde says Europe’s economy would be even worse without the immigrants who moved in after the pandemic

By Christopher Rugaber and The Associated Press
August 24, 2025
Powell ‘holds the key’ to the next Fed rate move as divided policymakers will likely fail to reach a consensus again, JPMorgan says
Economy

Powell ‘holds the key’ to the next Fed rate move as divided policymakers will likely fail to reach a consensus again, JPMorgan says

By
August 23, 2025
Jerome Powell
Economy

Powell’s next independence challenge: How to do what Trump has been asking for while preserving credibility

By Christopher Rugaber and The Associated Press
August 23, 2025
Machines
Economy

BofA sees the replacement of people with process solving the ‘productivity paradox,’ because ‘a process is almost free and it’s replicable for eternity’

By
August 23, 2025
Winter is coming: U.S. will be most vulnerable to a recession late this year and early next as tariff and immigration fallout peak, top economist says
Global

Winter is coming: U.S. will be most vulnerable to a recession late this year and early next as tariff and immigration fallout peak, top economist says

By
August 22, 2025
Federal Reserve chair Jerome Powell walks next to a few other people as he enters the Jackson Hole conference.
Economy

Powell’s ‘unusual’ Jackson Hole remarks reveal he’s boxed in by Trump’s tariffs and deportations, risking a 1970s-style mistake, economist Slok says

By
August 22, 2025
Even McDonald’s CEO knows the fast-food giant is too expensive. Now he’s cutting prices to woo back cash-strapped consumers
Global

Even McDonald’s CEO knows the fast-food giant is too expensive. Now he’s cutting prices to woo back cash-strapped consumers

By
August 21, 2025
Starbucks CEO Brian Niccol.
Companies

Starbucks’ CEO is ditching a merit system and giving all salaried staff a flat 2% pay raise instead

By
August 21, 2025
Jerome Powell
Economy

Fed minutes reveal concern over ‘the effects of higher tariffs’ as central bank left rates unchanged

By The Associated Press and Christopher Rugaber
August 20, 2025
Chairman of the US Federal Reserve Jerome Powell speaks with Lisa Cook, member of the Board of Governors of the Federal Reserve during a meeting.
Banking

Trump once again gets fresh ammunition in his fight with the Fed, calling on Governor Lisa Cook to resign over mortgage-fraud claims

By Christopher Rugaber and The Associated Press
August 20, 2025
The exact salary the ultra-wealthy say they’d need to feel ‘comfortable’ in the current climate has been revealed—and it starts at $500,000
Success

The exact salary the ultra-wealthy say they’d need to feel ‘comfortable’ in the current climate has been revealed—and it starts at $500,000

By
August 20, 2025

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