Breaking News: Economy

Republicans grill Merrick Garland on Trump, Hunter Biden in combative House Judiciary hearing

WASHINGTON — Attorney General Merrick Garland delivered a full-throated defense of federal law enforcement officers and the Department of Justice…

The Fed would be ‘flying blind’ on interest rate decisions after a government shutdown

A looming government shutdown could prevent the Federal Reserve from raising rates in November, but not for the reason you…

UK inflation dips to 6.7%, below expectations as food prices ease

U.K. inflation surprised with a dip to 6.7% in August, below expectations and sparking increased bets on a pause in…

Stocks making the biggest moves midday: Instacart, Disney, Planet Fitness, Rackspace and more

Check out the companies making headlines in midday trading. Starbucks — Shares fell 2% in midday trading following a downgrade…

Treasury Secretary Janet Yellen tackles ‘disconnect’ on Biden polling and U.S. economy

WASHINGTON — Treasury Secretary Janet Yellen on Tuesday said there is a “disconnect” between the actual performance of the U.S.…

Stocks making the biggest moves premarket: DoorDash, Arm, PayPal and more

Check out the companies making headlines in premarket trading. PayPal – Shares of the payments giant fell more than 1%…

Trump bemoans high interest rates and indicates he might pressure Fed to lower

Former President Donald Trump complained that interest rates are too high and indicated that if he gets another term in…

August wholesale inflation rises 0.7%, hotter than expected, but core prices in check

Inflation at the wholesale level rose more than expected in August, countering recent data showing that price increases have tempered…

Stocks making the biggest moves midday: Citigroup, Adobe, Corteva and more

Check out the companies making headlines in midday trading. Redwire — The space infrastructure stock soared 5.6% Wednesday after Roth…

August core inflation, excluding food and energy, rose 0.3%, hotter than expected

Inflation posted its biggest monthly increase this year in August as consumers faced higher prices on energy and a variety…