Breaking News: Economy

Economy

Economist Sumerlin confirms he’s in the running for Fed chair, backs big interest rate cut

Economist Marc Sumerlin, one of nearly a dozen reported contenders for Federal Reserve chair, said Thursday he’d be interested in

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Politics

Trump says he’ll have a Fed ‘majority’ soon to push rates lower after firing Cook

U.S. President Donald Trump gestures during a cabinet meeting at the White House in Washington, D.C., U.S., August 26, 2025.

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Economy

Goldman stands by call that consumers will bear the brunt of tariffs after Trump blasts

In the face of blistering criticism from President Donald Trump, Goldman Sachs economist David Mericle on Wednesday stood by a

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Finance

Why Fed chief Powell’s rate cut signal lifted our non-tech stocks the most

It was a topsy-turvy week for Wall Street, saved by a big Friday rally. The market was looking at a

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Economy

Fed board contenders Miran, Bullard say Trump’s tariffs are not causing inflation

Marlo Ramirez carries slabs of beef to be prepared for a customer in a grocery store on July 22, 2025

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Business

Frontier Airlines goes after struggling rival Spirit’s customers with 20 new routes

A Frontier Airlines plane near a Spirit Airlines plane at the Fort Lauderdale-Hollywood International Airport on May 16, 2022 in

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Economy

Consumer prices rise 2.7% annually in July, less than expected amid tariff worries

A widely followed measure of inflation accelerated slightly less than expected in July on an annual basis as President Donald

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Finance

Here’s what current and former Fed officials are saying about Lisa Cook investigation

Lisa Cook, governor of the US Federal Reserve, during the Federal Reserve Board open meeting in Washington, DC, US, on

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Economy

Trump-Putin talks are already a triumph for Moscow, its economy and markets

FILE PHOTO: U.S. President Donald Trump and Russia’s President Vladimir Putin talk during the family photo session at the APEC

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