Breaking News: Economy

Fed could find itself in a policy Catch-22 if tariffs spike inflation

Flags outside the Fairmont Royal York in downtown Toronto, Feb. 3, 2025.  Andrew Francis Wallace | Toronto Star | Getty…

Job openings decline sharply in December to 7.6 million, below forecast

Job openings slid in December while hiring, voluntary quits and layoffs held steady, the Labor Department reported Tuesday. Available positions…

China to levy additional tariffs of up to 15% on select U.S. imports starting Feb. 10

Jakub Porzycki | Nurphoto | Getty Images China’s finance ministry said Tuesday it will impose additional tariffs of 15% on…

Stocks making the biggest moves after hours: PLTR, NXPI, KD

Check out the companies making headlines in after-hours trading. Palantir Technologies — Shares of the defense tech company surged 21%…

In a switch, Trump approves Fed’s decision to hold interest rates steady

U.S. President Donald Trump looks on as he signs an executive order in the Oval Office at the White House…

As markets buckle up for Trump tariffs, these global sectors brace for a rough ride

U.S. President Donald Trump this weekend announced hefty tariffs on his country’s three biggest trading partners, leaving investors scrambling to…

Ontario to remove U.S. alcohol from shelves after Trump’s tariffs announcement

Ontario Premier Doug Ford speaks during a campaign stop at Walker Construction in Niagara Falls, Ontario, Canada, January 31, 2025. …

Why more retirement-age Americans keep working

When it came time for Diane Wetherington to consider retirement, reality quickly set in. The 72-year-old debated devoting her time…

Trump tariffs on Canada, Mexico and China begin Saturday, White House says

U.S. President Donald Trump signs executive orders in the Oval Office at the White House in Washington, U.S., Jan. 30,…

Industry and corporate leaders react to Trump duties on Mexico, Canada and China

Aerial view of trucks queueing next to the border wall before crossing to the United States at Otay commercial port…