Economy

Fed’s Powell warns the U.S. economy could face persistent supply shocks

Federal Reserve Chairman Jerome Powell said Thursday that economic… More…

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US household debt hits all-time high at $18.2 trillion after a $167 billion surge in Q1

US household debt ballooned by $167 billion in the first quarter of… More…

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Over 20 economies warn of a slowdown in growth over trade tensions

On Thursday, over 20 economies, including the U.S. and China, warned… More…

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Japan’s carmakers are expecting $19 billion in losses from US tariffs

Japan’s biggest carmakers expect to lose more than $19 billion after… More…

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Warren Buffett says he stepped down from Berkshire Hathaway because he finally felt old

Warren Buffett told The Wall Street Journal that giving up the CEO … More…

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Trump’s new 5% remittance tax bill will let the government track your money. Here’s how to avoid that

The 5% remittance tax hidden deep inside Trump’s “Big Beautiful” … More…

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Wall Street closes with stock indexes in the green for third consecutive day

Wall Street kept climbing on Wednesday as all major stock indexes … More…

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Tesla’s stock surges after Cybertrucks make Trump’s motorcade escort in Doha

Tesla stock is up about 3% after two Tesla Cybertruck police vehicles… More…

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Boeing stock gains after record $200 million jet order from Qatar

Qatar Airways signed a deal on Wednesday, May 14, to buy jets from U.S.… More…

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Trump gushes over Saudi’s MBS after spending a day together — ‘I like you too much’

President Donald Trump and Saudi Crown Prince Mohammed bin Salman… More…

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