Starbucks to lay off 900 workers, close stores
(NEW YORK) -- Coffee giant Starbucks will lay off workers and close stores as part of a $1 billion restructuring plan, CEO Brian Niccol... Read More.
Business
Fed Chair Powell says rising inflation and slow hiring pose ‘challenging situation’
(WASHINGTON) -- Federal Reserve Chair Jerome Powell warned a recent uptick of inflation, alongside a hiring slowdown, poses a "challenging situation" for central bankers... Read More.
Fed to set interest rates as Trump seeks shakeup of top officials
(NEW YORK) -- The Federal Reserve on Wednesday is set to unveil its latest decision on the level of interest rates, hoping to guide... Read More.
Trump races to reshape Fed days before interest rate decision
(WASHINGTON) -- Twelve policymakers at the Federal Reserve are set to take a high-stakes vote this week on the nation's benchmark interest rate, attempting... Read More.
Mortgage rates are falling fast. Is it a good time to buy a home?
(NEW YORK) -- Mortgage rates have fallen rapidly in recent months, offering homebuyers an opportunity for some borrowing relief if they move ahead with... Read More.
Inflation climbed in August as Trump’s tariffs intensified
(NEW YORK) -- Consumer prices rose 2.9% in August compared to a year ago, marking an uptick in price increases as President Donald Trump's... Read More.
Wholesale prices unexpectedly fall amid Trump’s tariffs
(NEW YORK) -- Wholesale prices unexpectedly dropped in August, clocking in lower than economists expected and defying concerns about a tariff-induced spike in costs suffered... Read More.
US economy added 911,000 fewer jobs than previously reported
(NEW YORK) -- U.S. employers added far fewer jobs in 2024 and early 2025 than previously thought, indicating the labor market may have been... Read More.
Why is it hard to find a job right now? Experts weigh in
(NEW YORK) -- Employers in nearly every industry have cut back on hiring, according to the latest data, leaving job seekers with fewer places... Read More.
Hiring slowdown continues in 1st jobs report since Trump fired commissioner
(WASHINGTON) -- Fresh jobs data on Friday showed a continued hiring slowdown in the first such release since a dismal jobs report last month prompted... Read More.
Gold prices hit a record high as economic uncertainty looms
(NEW YORK) -- The price of gold topped $3,500 per ounce for the first time ever on Tuesday, reaching toward new record highs as... Read More.
What does the closure of the de minimis loophole mean for shoppers?
(WASHINGTON) -- A tariff loophole for low-cost shipments helped fuel an explosion of U.S. consumers purchasing shoes, sunglasses and a host of other items... Read More.
