Breaking News: Economy

Trump says he should get a say on Federal Reserve interest rate decisions

Republican presidential nominee Donald Trump on Thursday said that he should have a voice when the Federal Reserve makes its…

Weekly jobless claims fall to 233,000, less than expected, in a positive sign for labor market

Initial claims for unemployment insurance totaled less than expected last week, countering other signs that the labor market is weakening.…

A ‘soft landing’ is still on the table, economists say

Recession fears led to a sharp stock-market selloff in recent days, with the S&P 500 index posting a 3% loss…

No sign of U.S. recession in freight demand, CEO of shipping giant Maersk says

Shipping giant Maersk, considered a barometer for global trade, is not seeing signs of a U.S. recession as freight demand…

Sahm Rule creator doesn’t think that the Fed needs an emergency rate cut

The U.S. Federal Reserve does not need to make an emergency rate cut, despite recent weaker-than-expected economic data, according to…

San Francisco Fed President Daly sees interest rate cuts coming as labor market weakens

San Francisco Federal Reserve President Mary Daly on Monday said she expects that interest rates will be cut later this…

Trump blames Harris, Biden for stock market meltdown after taking credit for past upswing

Republican presidential nominee Donald Trump on Monday blamed Vice President Kamala Harris for the stock market’s dramatic plunge, months after…