Technicians build LEAP engines for jetliners at a new, highly automated General Electric (GE) factory in Lafayette, Indiana, U.S. on March 29, 2017. REUTERS/Alwyn Scott
Markets

U.S. business activity moderates; inflation pressures building up

PHOTO: Getty Images
Politics

U.S. attack on Iran adds to economic uncertainty amid fears of oil shock, inflation spike, and slowing consumer spending

PHOTO: Edwin Tan | Getty Images
Markets

Weak U.S. retail sales, manufacturing output point to softening economy

Fed chair Jerome Powell at press conference. Photo: Samuel Corum/Getty Images
Markets

Fed keeps rates steady but pencils in two cuts by end of 2025; Powell sees ‘meaningful’ inflation ahead

New York Federal Reserve Bank President John Williams. PHOTO: Al Drago | Bloomberg Finance LP
Markets

U.S. inflation expectations ease in May, New York Fed survey shows

A worker lays cables at Energy Vault, a company that is creating an emergency power system that relies on hydrogen and battery storage, on Tuesday, May 27, 2025, in Calistoga, Calif. (AP Photo/Annika Hammerschlag)
United States

Employers add a solid 139,000 jobs in May, though hiring slows as some potential weaknesses appear

People on a hill overlooking Yantian port in Shenzhen, Guangdong province, China May 9, 2025. REUTERS/Tingshu Wang
Global Trade

Trump’s tariff tally: $34 billion and counting, global companies say

Trader Daniel Kryger works on the floor of the New York Stock Exchange on May 5, 2025. (AP Photo/Richard Drew)
Global Trade

Trump’s massive import taxes haven’t done much economic damage — yet

PHOTO: Shutterstock
Markets

U.S. consumer sentiment slides to 3-year lows as trade war raises inflation anxiety

Photo by Brad Lee/AFP via Getty Images
Money

U.S. real earnings stalled across age, income groups in past year, study shows

Ukraine Minister of Finance, Sergii Marchenko, right, and Canada’s Finance Minister Francois-Philippe Champagne speak to the media prior to the G7 Finance Ministers meeting in Banff, Alberta, Tuesday, May 20, 2025. (Jeff McIntosh/The Canadian Press via AP)
Leaders

Trump’s tariffs will test unity among allies at G7 finance ministers’ summit

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