Scott Bessent, U.S. treasury secretary, in the Oval Office of the White House in Washington, D.C., on Aug. 6, 2025. Bonnie Cash | Bloomberg | Getty...
Category: Economy
5 takeaways from the producer price inflation report with another key reading on tap
Customers look over clothing items displayed on April 18, 2025 at a Costco branch in Niantic, Connecticut. Robert Nickelsberg | Getty Images The producer price index,...
Payrolls rose 22,000 in August, less than expected in further sign of hiring slowdown
Job creation sputtered in August, adding to recent signs of labor market weakening and likely keeping the Federal Reserve on track for a widely anticipated interest...
Trump’s Fed firing: What to know and why it matters
President Donald Trump sent shockwaves through global markets Monday night by saying he would fire Federal Reserve Board Governor Lisa Cook. Trump’s decision not only put...