Consumer confidence plunged to a 5-year low in April
Consumer confidence fell to its lowest level in nearly five years in April as concerns about tariffs and trade uncertainty...
Economy
Bessent says US will weigh China's failure on 'phase one' trade deal from first term in negotiations
Treasury Secretary Scott Bessent said Tuesday the Trump administration will take into account China's lack of compliance with a trade deal...
Delta Air Lines offering pay increase to employees for fourth consecutive year: 'Invest in our people'
Delta Air Lines announced its employees worldwide will be receiving a pay raise this year, marking the fourth consecutive year...
Private sector added 62K jobs in April, well below expectations, ADP says
Companies in the private sector added 62,000 jobs in April, payroll processing firm ADP said Wednesday. The figure is well...
US economy slows sharply, shrinking 0.3% in the first quarter, as tariffs weigh
The U.S. economy contracted in the first quarter as President Donald Trump's economic agenda took effect, according to new data...
Inflation gauge favored by Fed showed price growth slowed in March
The Federal Reserve's preferred inflation gauge showed that price growth slowed in March, with inflation trending closer to the central bank's...
Goldman Sachs CEO says markets will 'settle down' after a 'reset of expectations'
Goldman Sachs CEO David Solomon said Tuesday he thinks financial markets will overcome prevailing uncertainty to settle down for an...
Small businesses need immediate tariff relief, Chamber of Commerce warns
The U.S. Chamber of Commerce warned in a new letter to the Trump administration that small businesses need automatic exclusions...
DOGE should 'definitely' look at Federal Reserve costs, Elon Musk says
Billionaire Elon Musk said Wednesday that the Department of Government Efficiency (DOGE) should look into the Federal Reserve's expenditures on its...
Chinese TikTok users mock tariffs, telling people to buy brands like Nike direct
Videos posted by Chinese TikTok users that suggest people should purchase fashion items direct from factories in China have surfaced...
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