Inflation rose last month amid weakening job market: How will the Fed respond?

Typically, the Fed would cut its key interest rate when unemployment rises, but it would raise rates — or at least keep them unchanged — in the face of rising inflation.

Most Americans believe personal choices keep people in poverty, poll finds

A recent poll reveals that most Americans have differing views on the root cause of homelessness, but most think the government doesn’t spend enough to help those in need.

Americans' support for capitalism drops to new low, poll finds

A recent poll finds that Americans favor small business and free enterprise even though their overall feelings of capitalism has changed compared to past years.

States where unemployment claims are increasing the most

The unemployment rate ticked up to 4.3% last month, according to a new jobs report from the Labor Department.

Trump’s sweeping tariffs ruled as illegal by federal appeals court

A federal appeals court has ruled President Donald Trump illegally used emergency powers to impose sweeping tariffs. Here's what we know.

Trump calls on Fed governor Lisa Cook to resign after mortgage fraud allegation

President Donald Trump on Wednesday urged Federal Reserve governor Lisa Cook to resign after a top housing regulator accused her of mortgage fraud.

US national debt hits record $37 trillion

The U.S. national debt topped $37 trillion for the first time Friday as federal borrowing hits record levels.

Trump's tax law will benefit the rich at the cost of the poor, CBO analysis finds

The Congressional Budget Office estimates that the poorest Americans could lose more income annually compared to rich people due to President Donald Trump's tax legislation.

Sluggish summer in Sin City: Las Vegas sees big drop in tourists

The Las Vegas Convention and Visitors Authority saw a double-digit decline in visitors in June compared to the same time last year.

Trump calls for Federal Reserve to pull control from Jerome Powell

President Trump continued his verbal attacks against Fed Chair Jerome Powell, calling him "stubborn" and saying the Federal Reserve's board of governors should take control.

Trump suspends de minimis exemption for low-value imports: What it means for shoppers

President Trump’s new executive order suspends the de minimis exemption for global low-value imports, a move that could raise prices for online shoppers and restrict package shipments from retailers like Shein and Temu.

Fed leaves interest rates unchanged despite Trump demands

The Federal Reserve voted to leave its short-term interest rate unchanged as expected, despite mounting pressure from President Donald Trump to lower them.

Federal Reserve likely to keep interest rates the same this week: What to know

Federal Reserve officials are split on whether to slash interest rates as President Donald Trump favors rate cuts based on his claim that the nation’s economy is thriving.