Jerome Powell cautions that Trump's tariff plans could lead to persistent inflation, influencing the Fed's approach to interest rate cuts. As trade tensions rise, the economic outlook remains uncertain.
Consumer confidence took a significant hit in June 2025, with sharp declines in both current assessments and future expectations. This downturn raises questions about economic stability and potential recession risks.
The Oklahoma City Thunder have made history as the NBA champions, showcasing a season filled with dominance and thrilling playoff action. From sweeping the Grizzlies to overcoming the Pacers, their journey is one for the ages. What does the offseason hold for these young champions?
Federal Reserve officials maintain current interest rates but adjust economic forecasts, predicting potential rate cuts and rising inflation and unemployment in the coming years. What does this mean for the economy?
The Federal Reserve is set to keep interest rates unchanged as it navigates a cooling economy, rising oil prices, and uncertainty from Trump’s trade policies. With inflation concerns mounting, what’s next for U.S. monetary policy?
The stock market remains resilient despite global uncertainties. Today, all eyes are on the Federal Reserve as Chair Jerome Powell addresses interest rates and economic outlook, potentially reshaping Wall Street's trajectory.
US retail sales have dropped for the second month in a row, signaling consumer anxiety over tariffs and finances. Could this mark the end of the early-year spending spree? Find out more!
US consumer sentiment has surged to its highest level since January 2024, with the preliminary June index showing significant improvement amid easing economic concerns and lower inflation expectations.
Stock futures took a hit after the S&P 500's first loss in four sessions. Oracle's impressive earnings boost cloud growth projections, but uncertainty looms over inflation and trade talks.
U.S. stock futures fell as traders reacted to a preliminary U.S.-China trade deal and inflation data showing lower-than-expected consumer price increases. Major indexes closed lower, raising concerns over tariffs and market stability.
