U.S. Economy

Eighty-eight corporate leaders endorse Harris in new letter, including CEOs of Yelp, Box

WASHINGTON — Eighty-eight current and former top executives from across corporate America have endorsed Vice President Kamala Harris for president…

Trump adopts Elon Musk plan for government reform, lays out economic blueprint ahead of debate with Harris

NEW YORK — Former President Donald Trump on Thursday unveiled a new batch of economic policy proposals that include Tesla…

Harris to propose $50,000 tax deduction for small business startup expenses, ahead of Trump debate

Vice President Kamala Harris on Wednesday will unveil a new proposal to provide small businesses with a $50,000 tax deduction…

Trump budget would spike deficits by nearly 5 times Harris proposal, says Penn Wharton

Former President Donald Trump’s economic proposals would increase federal deficits by $5.8 trillion over the next decade, almost five times…

Watch live: Fed Chair Jerome Powell speaks from Jackson Hole conference

[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a…

Bernie Sanders outlines policy agenda more liberal than Harris’ plan. That could help her

Sen. Bernie Sanders, I-Vt., spent his primetime appearance at Tuesday night’s Democratic National Convention laying out his own policy priorities…

Goldman Sachs cuts odds of U.S. recession to 20% after retail and jobs data

Goldman Sachs has cut its probability forecast for a U.S. recession to 20% shortly after raising it, as fresh labor…

Trump, Harris inflation arguments are questionable, Chicago Fed president says

Chicago Federal Reserve President Austan Goolsbee on Sunday warned against misrepresenting the inflationary impacts of corporate price hikes and tariffs,…

Here’s the deflation breakdown for July 2024 — in one chart

Inflation cooled below 3% in July 2024, the first time it dropped beneath that level in more than three years.…

UBS CEO says it’s too early to talk about a U.S. recession, but a slowdown is possible

ZURICH, Switzerland ꟷ UBS CEO Sergio Ermotti said Wednesday that market volatility could intensify in the second half of the…