FTC fines Kubota $2 million in largest ever ‘Made in the USA’ penalty
WASHINGTON — The Federal Trade Commission on Friday announced that it fined Kubota, one of the world’s largest tractor manufacturing…
Treasury chief Yellen touts GDP numbers as a boon to the middle class
WASHINGTON — Treasury Secretary Janet Yellen praised the positive economic growth numbers on Thursday as a benefit for the middle…
Thursday’s GDP report expected to show the U.S. economy at a crossroads
Economic growth likely slowed to its weakest pace in a year and a half to end 2023, possibly setting the…
Markets ‘complacent’ about the risks of a Trump win, strategist says
Markets are “fairly complacent” about the risks of a second Donald Trump presidency, which could trigger a “tantrum” in long-duration…
Yellen to step up campaign touting Biden’s economic record
The Biden administration is dispatching U.S. Treasury Secretary Janet Yellen to Chicago and Milwaukee this week as part of a…
Why that ‘last mile’ of the inflation fight may be more challenging
Inflation in the U.S. economy is on the retreat. But the road to ultimate victory may be harder than what’s…
Trump’s proposed 10% tariff plan would ‘shake up every asset class,’ strategist says
Markets need to begin thinking about the structural impact of Donald Trump’s proposed 10% tariff increase, which “shakes up every…
No ‘economic collapse’: Top Citi strategist says healthier economic growth is coming
The global economy does not need a “collapse” in order to bring inflation back to target and return to sustainable…
‘That’s Bidenomics at work’: White House eager to take credit for retail sales bounce
The White House eagerly took credit Wednesday for December’s strong retail sales numbers, which beat expectations due to higher consumer…
Biden administration unveils proposed changes to big banks’ overdraft fees
WASHINGTON — The Consumer Financial Protection Bureau on Wednesday unveiled long-awaited changes to how the nation’s biggest banks structure overdraft…
