Consumer Spending, Engine of the U.S. Economy, Is Under Strain
Higher fuel costs are raising food and travel prices, while a shaky stock market tamps down free spenders.
Higher fuel costs are raising food and travel prices, while a shaky stock market tamps down free spenders.
Security lines are shorter, but the shutdown continues and pay is unresolved. With the World Cup around the corner, T.S.A. agents are tempering their expectations.
States and small businesses challenged the 10 percent tax on many imports that President Trump imposed after the Supreme Court struck down a previous slate of tariffs.
Three and a half years of deflationary pressure on Chinese factories reversed course last month as higher energy prices cycled into the economy.
A temporary cease-fire in the war on Iran faces multiple hurdles and investors are watching the release of U.S. government data on inflation.
A federal judge gutted a set of rules that were adopted after the court declared an earlier press policy unconstitutional, in a case brought by The New York Times.
Three employees described a hostile work environment under Labor Secretary Lori Chavez-DeRemer.
The Trump administration backed a proposal for stablecoin issuers to offer yield to investors.
A former jewelry-counter magnate, he served in Hungary under his friend President Trump, strengthening relations between the two countries as Orban tilted rightward.
Kristalina Georgieva, the head of the International Monetary Fund, said the war in the Middle East could lead to another bout of inflation and higher interest rates.