Another wipeout slammed Wall Street as worries built about a potentially toxic mix of worsening inflation and a U.S. economy slowing because of households afraid to spend due to the global trade war.

The Federal Reserve on Wednesday held rates steady, but issued new economic projections marking down growth forecasts and boosting inflation estimates. Larry Summers of Harvard says it comes from "a bad supply shock," which he termed a "self-inflicted wound." The cause?

Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy   The Big Story  Stocks plummet after hot inflation report Stocks ended the

A rocky U.S. stock market will be tested in the coming week by a pivotal deadline for President Donald Trump's tariff plans and an employment report that could reveal a slowing economy.

Wall Street edged lower after getting pulled in opposite directions as President Donald Trump's latest tariff escalation creates winners and losers among auto stocks.

U.S. stock indexes are falling following President Donald Trump’s latest tariff escalation. The S&P 500 sank 0.5% Thursday. The Dow Jones Industrial Average dropped 221 points, and the Nasdaq composit