Economy

Republicans divided on how to pay for Trump’s tax cuts

U.S. House Speaker Mike Johnson (R-LA) reacts following the passage of a spending legislation to avert a government shutdown, on…

Bessent says Trump is focused on the 10-year yield, won’t push Fed to cut rates

U.S. Secretary of the Treasury Scott Bessent speaks, at the White House, in Washington, U.S. February 3, 2025.  Elizabeth Frantz…

Why Trump loves them, and how they work

A drone view shows shipping containers from China, at the China Shipping (North America) Holding Company Ltd. facility at the…

Fed officials are raising concerns about Trump’s tariffs and inflation

Austan Goolsbee speaking at Jackson Hole on August 23, 2024. David A. Grogan | CNBC Federal Reserve officials take great pains…

Stocks making the biggest moves midday: GOOGL, AAPL, UBER, NVDA

Check out the companies making headlines in midday trading. Alphabet — Shares sank nearly 8% after the Google parent reported…

Private payrolls expanded by 183,000 in January, topping expectations, ADP says

A “Now Hiring” sign at a Chipotle restaurant in San Francisco, California, US, on Friday, Jan. 31, 2025. Chipotle Mexican…

Fed Vice Chair Jefferson advocates remaining cautious on rates as policy drama unfolds

Philip Jefferson speaks during a Senate Banking, Housing, and Urban Affairs Committee confirmation hearing in Washington, D.C., U.S., on Feb.…

Stocks making the biggest moves after hours: GOOGL, CMG, SNAP

Check out the companies making headlines after hours: Alphabet — Shares dropped 7.4% after Google parent Alphabet posted a revenue…

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…

Stocks making the biggest moves midday: RACE, SPOT, PYPL, PLTR

Check out the companies making headlines in midday trading. Palantir Technologies — The software company surged 22% after reporting stronger-than-expected…