Goolsbee says Fed now has to wait longer before moving rates because of trade policy uncertainty
The central bank official indicated that while he still sees the direction of rates being lower, the Fed likely will…
Trump recommends 50% tariff on European Union starting June 1
President Donald Trump said he is "recommending a straight 50% Tariff on the European Union" after complaining that trade negotiations…
Trump says a 25% tariff ‘must be paid by Apple’ on iPhones not made in the U.S.
Shares of Apple were under pressure on Friday after Trump's post on Truth Social. ...
Treasury Department to halt penny production after centuries in circulation
The Treasury is phasing out production of the penny, a coin that has been in circulation for centuries, in a…
Amazon gives some customers refunds for returns made years ago
Amazon is doling out refunds to some customers for merchandise they had previously sent back to the Washington-based e-commerce giant.…
Gas prices hit 4-year low ahead of Memorial Day weekend
Gas prices are falling to a four-year low as Americans prepare for Memorial Day weekend. AAA estimated that there will…
House GOP’s ‘big, beautiful bill’ includes billions in cuts to food stamps, shifts more costs to states
The "big, beautiful bill" passed by House Republicans includes hundreds of billions in cuts to SNAP, more stringent work requirements…
USPS unveils ‘Forever’ stamps honoring 250 years of US military service
USPS releases 250th anniversary stamps for Army, Navy, and Marine Corps, honoring their service. ...
Taiwan is worried about spying threats. That may mean deporting thousands of Chinese
Taiwan, suspicoius of spying, is enforcing stricter oversight of Chinese immigrants. Some of them are being deported. ...