Economy

The Fed is ‘playing with fire’ by not cutting rates, says creator of ‘Sahm Rule’ recession indicator

The Federal Reserve is risking tipping the economy into contraction by not cutting interest rates now, according to the author…

May retail sales rise 0.1%, weaker than expected

Retail spending was weaker than expected in May as consumers continued to wrestle with stubbornly higher levels of inflation. Sales…

CEOs at Trump meeting: Ex-president ‘meandering’ and ‘doesn’t know what he’s talking about’

WASHINGTON — Former President Donald Trump failed to impress everyone in a room full of top CEOs Thursday at the Business Roundtable’s…