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...
Category: Economy
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...
Businesses bringing back recession specials could be the latest sign of deteriorating consumer sentiment
A sign outside Brooklyn coffee shop Clever Blend offers a $6 gelato and espresso “recession special.” Lisa Kailai Han | CNBC As fears of a slowing...
Modi gives tax boon to India’s economy amid Trump tariff tensions
Narendra Modi, India’s prime minister, during the nation’s Independence Day ceremony at Red Fort in New Delhi, India, on Friday, Aug. 15, 2025. Bloomberg | Bloomberg...