Fed Chair Jerome Powell on Tuesday said the central bank is nearing a point where it will stop reducing the…
Tag: Source : CNBC
Trump threatens China with cooking oil embargo over soybean snub
President Donald Trump said the U.S. is considering ending its cooking oil trade with China in retaliation for Beijing refusing…
K-shaped cars: New vehicle prices top $50,000 while auto loan delinquencies keep rising
Look no further than the automotive industry for the latest indication of a potential "K-Shaped" economy for U.S. consumers. ...
The U.S. has stepped in with an extraordinary bailout of Argentina. Here’s what it means
The Treasury Department has extended a financial lifeline to Argentina in apparent hopes of heading off an emerging market financial…
Government shutdown: Vance says ‘fraud’ is rife in ACA tax credits use
Democrats want any government funding bill include an extension for enhanced Obamacare subsidies, which are set to expire at the…
China ‘not afraid of trade war,’ accuses U.S. of ‘double standard’ for rare earths retaliation
U.S. stocks lost $2 trillion after President Trump said he would impose new tariffs on imports from China in retaliation…
Trump administration begins layoffs of federal workers amid government shutdown
The Trump administration and Republicans have sought to blame Democrats for the government shutdown, and any negative fallout from it.…
Trump threatens ‘massive’ tariff hike on China over rare earths dispute
Stock markets dropped on Trump's bellicose Truth Social post that said China is "becoming very hostile" in seeking tough export…
Trump threatens to use government shutdown to cut ‘popular Democrat programs’
President Donald Trump said his administration plans to use the government shutdown to permanently cut government programs popular with Democrats.…
IRS announces new federal income tax brackets for 2026
The IRS has announced higher federal income tax brackets and standard deductions for 2026. Here's what taxpayers need to know.…
Senate again rejects funding bills as government shutdown enters second week
President Donald Trump and Republicans accuse Democrats, who want any funding bill to include health-care protections, of holding the government…
Divided Fed officials saw another two interest rate cuts by the end of 2025, minutes show
Officials were strongly inclined to lower rates, with the only dispute seeming to be over how many cuts were coming.…