Latest Economy stories from Money.
The Federal Reserve's hesitation in raising interest rates could pose challenges for various borrowers, raising concerns about the timing of their actions.
Gold prices are on a downward trajectory, facing potential weekly losses due to rising geopolitical tensions in the Middle East and fears of interest rate hikes affecting market sentiment.
Treasury Secretary Bessent addresses recent inflation increases, labeling them as a likely short-term issue, while also defending Trump's economic policies amidst rising tensions over the Iran conflict.
In a recent interview, US Trade Representative Jamieson Greer emphasized that both the US and EU remain dedicated to the trade deal, despite the announcement of new tariffs.
In a notable shift, the US government has proposed tariffs of at least 10% as part of an effort to address issues related to forced labor, marking a significant policy move after a recent Supreme Court ruling.
In a significant move amid ongoing trade tensions, a European Parliament committee has voted to remove tariffs imposed by the US, potentially easing relations ahead of a key deadline.
As US borrowing costs climb, President Trump is confronted with mounting pressures stemming from inflation concerns tied to global events and fiscal policy.
In a recent statement, Jerome Powell expressed concerns about the potential impact of politicizing the Federal Reserve on its credibility, as reported by MarketWatch.
Rising prices, inflation, and high interest rates are driving many potential buyers away from the new-car market, raising concerns for automakers.
While food inflation has significantly decreased from its peak earlier this year, European grocery prices remain elevated, with structural factors playing a key role.
The latest economic data indicates a downward revision of the US GDP growth rate for the first quarter, now at 1.6%.
As the deadline for US tariffs approaches, Vietnam continues to struggle with widespread counterfeiting and piracy, raising concerns for local businesses and trade.
Morgan Stanley has revised its price target for Polaris Industries to $69, citing challenges posed by increasing rates and tariffs.
In a significant move, Mexico and the European Union have signed a free trade agreement aimed at diversifying their trade relationships away from the U.S.
Maine's groundfishing industry is under pressure from increasing food and fuel prices. A pandemic-era initiative is providing some relief as inflation continues to impact the sector.
As discussions arise about Kevin Warsh's potential chairmanship at the Federal Reserve, questions about his independence and ties to Donald Trump emerge.
As the U.S. government refunds most tariffs, Walmart is contemplating using this money to reduce prices, responding to growing consumer stress linked to gas costs.
As inflation escalates in the U.S., Donald Trump's approval ratings have reached a new low, with many Americans expressing dissatisfaction with his economic strategies.
While the development of the Polestar 6 convertible is nearly finished, concerns about tariff-related pricing issues remain a significant hurdle.
Chris Bryant, the Minister of State for Trade, expresses optimism following productive discussions with EU officials regarding potential exemptions for the UK from upcoming steel import restrictions.