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What if the Fed cut rates to just 1% like Trump wants? An analyst says it’s ‘ludicrous’ and may scare businesses

Amid the White House’s unrelenting pressure campaign on Federal Reserve Chairman Jerome Powell, President Donald Trump has not only demanded that the central bank...

Trump’s tariffs are turning into a ‘mosaic’ that will be ‘idiosyncratic,’ Morgan Stanley says, projecting a $2.7 trillion haul over 10 years

President Donald Trump’s tariffs are taking shape—and they’re taking on a kind of color, too. If you look at the tariffs and assign different...

CPI rose in June to 2.7% annual rate, highest since February

The Consumer Price Index in June rose 2.7% on an annual basis, a sign inflation around the U.S. is creeping...

The housing market is flashing warning signs about high mortgage rates and Gen Z and millennial first-time buyers, Capital Economics says

America’s housing market is flashing red on multiple fronts, with affordability at its worst in years and little relief in sight. From elevated mortgage...

White knuckles and ‘massive unknowns’ ahead of Trump’s July 9th tariff deadline

The countdown to the 90-day freeze on sweeping Liberation Day tariffs expires next week, and President Donald Trump’s administration is a far cry from...
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