Economy

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Unemployment fears hit worst levels since Covid as tariffs fuel inflation outlook, Fed survey shows

Unemployment fears hit worst levels since Covid as tariffs...

Consumer worries grew over inflation, unemployment and the stock market as the global...

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Fed Governor Waller sees tariff inflation as 'transitory' in 'tush push' comparison

Fed Governor Waller sees tariff inflation as 'transitory'...

The central banker embraced a term that got the central bank in trouble during the...

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Trump's approval rating on the economy drops to lowest of his presidential career, CNBC Survey finds

Trump's approval rating on the economy drops to lowest...

President Donald Trump is registering the worst economic approval numbers of his...

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Trump tariffs could lead to a summer drop-off in economic activity after an 'artificially high' start, Chicago Fed chief says

Trump tariffs could lead to a summer drop-off in economic...

Chicago Fed president Austan Goolsbee forecasts a potential short-term economic...

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Orders for big-ticket items like autos and appliances surged 9.2% in March in rush to beat tariffs

Orders for big-ticket items like autos and appliances surged...

Transportation equipment orders surged 27%, led by a 139% increase in nondefense...

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Bank of England chief focused on tariff 'growth shock' but downplays UK recession risk

Bank of England chief focused on tariff 'growth shock'...

Bank of England Governor Andrew Bailey said Thursday that the central bank is focused...

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German finance minister says trust not yet broken with U.S., prefers zero-for-zero tariff solution

German finance minister says trust not yet broken with...

The trust between Europe and the U.S. is not yet broken despite President Donald...

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Trump insists bond market tumult didn't influence tariff pause: 'I wasn't worried'

Trump insists bond market tumult didn't influence tariff...

"I wasn't worried," Trump said in a Time magazine interview during which he was...

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Consumer outlook hits lowest since 2011 as tariff fears mount, Conference Board survey shows

Consumer outlook hits lowest since 2011 as tariff fears...

Consumer attitude about both the present and near future dimmed again in April.

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Port of Los Angeles says shipping volume will plummet 35% next week as China tariffs start to bite

Port of Los Angeles says shipping volume will plummet 35%...

Shipments from China to the U.S. west coast appear poised to drop sharply in May....

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Adidas warns it will raise prices on all U.S. products due to tariffs

Adidas warns it will raise prices on all U.S. products...

"Higher tariffs will eventually cause higher costs for all our products for the...

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UK economy expands by 0.5% in February, more than expected

UK economy expands by 0.5% in February, more than expected

U.K. GDP rose by 0.5% on a monthly basis, far more than the 0.1% forecast by analysts....

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Fed's Kashkari says rising bond yields, falling dollar show investors are moving on from the U.S.

Fed's Kashkari says rising bond yields, falling dollar...

The trends are running counter to what you might normally see, the central bank...

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Wholesale prices unexpectedly fell 0.4% in March, showing easing inflation backdrop ahead of tariffs

Wholesale prices unexpectedly fell 0.4% in March, showing...

The producer price index, considered a leading indicator for pipeline inflation...

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Consumer sentiment tumbles in April as inflation fears spike, University of Michigan survey shows

Consumer sentiment tumbles in April as inflation fears...

The University of Michigan consumer survey's mid-month reading on sentiment fell...

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Trump renews call for interest rate cut, says rates would be lower if Fed chief Powell 'understood what he was doing'

Trump renews call for interest rate cut, says rates would...

President Donald Trump said once again on Friday that Federal Reserve Chair Jerome...