Internal divisions over whether to raise interest rates intensified at Kevin Warsh’s second meeting as chairman of the Federal Reserve.
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The yield on government bonds, which underpins borrowing costs from mortgages to business loans, remained elevated over concerns about the Federal Reserve’s efforts to contain inflation.
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A new round of tariff carve-outs has raised familiar questions about who should receive the lucrative exceptions, and why.
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Gross domestic product grew at a slower rate in the second quarter and persistent price pressures are unsettling financial markets.
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The ruling Politburo called for “more proactive” tax and spending policies but did not endorse broad action to address weak consumer spending.
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The surge in Treasury yields suggests investors doubt that the Federal Reserve can keep inflation contained.
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Fed officials held interest rates steady, but they have splintered over how to fight inflation.
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The central bank is expected to leave interest rates unchanged, but investors are preparing for a possible surprise.
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The central bank’s stance can influence consumer savings and borrowing, from credit cards to home loans and more.
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Kevin M. Warsh’s second meeting as chairman of the Federal Reserve was colored by internal divisions over the path forward for policy.
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For some U.S. brands seeking a location for their factories, the economic logic is once again pointing to China.
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The future of artificial intelligence depends on finding more skilled humans for some very physical jobs.
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Tariffs are back, but this time there is a war in the Persian Gulf and oil has hit $100 a barrel.
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The president has unveiled a complicated system to forge ahead with his trade war, after the Supreme Court struck down his original levies.
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The administration launched new duties tied to countries’ imports of goods made with forced labor, replacing a 10 percent tariff immediately after it expired.
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Jamieson Greer, the president’s top trade negotiator, told the Senate that the United States remained intent on tariffs as it prepared to replace duties the Supreme Court struck down.
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Investment in artificial intelligence and related companies is lifting the stock market and spending across the economy.
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The president said punishing 50 percent tariffs would begin by Aug. 19, a significant escalation of the trade war between Canada and the U.S. that he started over a year ago.
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The economy of Laredo, Texas, has boomed under the president’s global tariffs. Now, his demands may threaten its success.
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