The resignation comes as President Trump has been openly pressuring the central bank to lower interest rates and calling for Jerome H. Powell, the chair, to step down. Source link
The company is among the first casualties of a vote to strip roughly $500 million in federal funding from NPR, PBS and local stations across the country. Source link
Parents of children in kindergarten through high school are spending an average of $144, and that’s coming as families are feeling financial stress. Source link
The U.S. government has lost 84,000 jobs since January as the Trump administration aggressively reduces the work force. Source link
Employers added far fewer jobs in May and June than previously reported. Such downgrades have historically meant trouble for the labor market. Source link
Employers added far fewer jobs in May and June than previously reported. Such downgrades have historically meant trouble for the labor market. Source link
The Federal Reserve held rates steady in July but two governors dissented, saying they had concerns about labor market fragility. Source link
The central bank this week kept interest rates steady for a fifth-straight meeting, prompting the first double dissent from members of the powerful Board of Governors since 1993. Source link
President Trump’s newest barrage of tariffs, major corporate earnings reports and an imminent reading on the U.S. labor market weighed on markets. Source link
The largest U.S. energy companies reported their lowest second-quarter profits in years, as tariffs have weighed on oil prices. Source link
