Economy

Treasury Secretary Yellen says U.S. debt load is in ‘reasonable place’ if it remains at this level

Treasury Secretary Janet Yellen on Thursday said the swelling national debt is manageable as long as it stays around where…

How Donald Trump’s criminal conviction boosted his campaign fundraising machine

Throughout his 2024 campaign, former President Donald Trump has managed to keep his political operation afloat by walking a delicate…

Fed holds rates steady, indicates only one cut coming this year

The Federal Reserve on Wednesday kept its key interest rate unchanged and signaled that just one cut is expected before…

Inflation slows in May, with consumer prices up 3.3% from a year ago

The consumer price index showed no increase in May as inflation slightly loosened its stubborn grip on the U.S. economy,…

UK GDP flatlines as PM Sunak pins election campaign on economy

LONDON — U.K. economic growth ground to a halt in April, according to flash figures published on Wednesday, stalling the…

Fed meeting and inflation report both hit Wednesday, and the impact could be huge

Wednesday is shaping up to be one of the most important days of the year for economic news, as investors…