News

Federal appeals court weighs Trump's tariffs in major legal test
The Trump administration asked the U.S. Court of Appeals for the Federal Circuit to review a trade court's decision ...
What do Trump's new tariffs mean for the economy? Experts weigh in
Trump's executive order late Thursday laid out rates to be applied against nearly 70 countries, ranging from 10% to 41% in ...
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Fed holds interest rates steady, defying pressure from Trump
The central bank has defied Trump's public criticism for months, adopting a wait-and-see approach as central bankers observe ...
US stocks fall on Trump's tariffs and attack on Fed chair, weaker-than-expected job growth
U.S. stocks held losses after Trump ordered a new slate of tariffs and jobs growth slowed more than expected. Amazon drops on cloud disappointment.
Today's Federal Circuit Oral Argument in Our Tariff Case
Outcomes are hard to predict. But the judges seemed skeptical of the administration's claim that the president has virtually unlimited power to impose tariffs.
Triumphant in trade talks, Trump and his tariffs still face a challenge in federal court
The U.S. Constitution gives the power to impose taxes — including tariffs — to Congress. But lawmakers have gradually ...
Still unsure of tariff impact, the Fed resists Trump’s pressure to lower interest rates
The Fed’s monetary policy committee kept its benchmark rate steady at between 4.25 percent and 4.5 percent, as analysts and ...
Global stocks steady as investors brace for Fed meeting, tariff deadline
Equities were modestly higher on Wednesday while the U.S. dollar advanced as investors digested the latest economic data and ...
Buoyed by tariffs, the Fed’s preferred measure of inflation is running hot
Taken all together, the report shows that Trump’s tariffs are beginning to leave more of an imprint on the economy.
Fed's preferred inflation gauge shows price increases accelerated in June amid tariff uncertainty
Thursday's release of June PCE data comes just one day after the Federal Reserve opted to hold interest rates steady at its ...
Fed Staff Members Cite Tariffs and Inflation for Costly Renovations
A sprawling $2.5 billion project to renovate the central bank’s headquarters in Washington has become the focal point of ...
Here’s where Trump’s tariffs stand after this week’s salvos
U.S. President Donald Trump made a range of moves with tariffs as this week came to an end. Here’s a rundown of where his ...