Economy

This week in Trumponomics: Financial malpractice

If a surgeon operates needlessly on a affected person, it’s medical malpractice. If a policymaker, by the identical measure, destroys…

3 weeks ago

US oil service companies set for hit from Trump tariffs, tumbling oil costs

By Georgina McCartney HOUSTON (Reuters) - U.S. oilfield service companies are bracing for successful as President Donald Trump's tariffs throw…

3 weeks ago

Monetary markets have been at all times going to answer Trump tariffs however they’re additionally battling with one other drawback

World monetary markets gave a transparent vote of no-confidence in President Trump's financial coverage.The injury it'll do is clear: prices…

3 weeks ago

Stablecoins deliver advantages to the cost system

By Michael S. Derby (Reuters) - Federal Reserve Governor Christopher Waller mentioned on Friday that stablecoins are a great factor…

3 weeks ago

US oil rig rely rises to highest since June, Baker Hughes says

By Scott DiSavino (Reuters) - U.S. power corporations this week minimize the variety of oil and pure fuel rigs working…

3 weeks ago

Tariffs Danger Pushing Inflation Larger, Development Decrease, Fed Chair Powell Says

Brendan Smialowski / AFP by way of Getty Photographs Federal Reserve Chair Jerome Powell stated President Donald Trump's larger-than-expected tariffs…

3 weeks ago

Fed Chair Jay Powell explains why he is all the time carrying a purple tie: ‘We’re strictly nonpolitical’

So it seems, there is a purpose why Federal Reserve Chair Jerome Powell is all the time carrying a purple…

3 weeks ago

Trump says it is the ‘good time’ for Powell to chop charges as markets plummet after his stunning tariff bulletins

President Trump fired off a flurry of social media posts early Friday as he defended his controversial tariff insurance policies,…

3 weeks ago

Trump says it is the ‘good time’ for Powell to chop charges as markets plummet after his surprising tariff bulletins

President Trump fired off a flurry of social media posts early Friday as he defended his controversial tariff insurance policies,…

3 weeks ago

Federal Reserve chief says Trump tariffs prone to increase inflation and gradual US financial progress

ARLINGTON, Va. (AP) — The Trump administration’s expansive new tariffs will seemingly result in larger inflation and slower progress, and…

3 weeks ago