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G-7 leaders gather in Canada for summit overshadowed by Middle East crisis and Trump’s tariffs

G-7 leaders gather in Canada for summit overshadowed by Middle East crisis and Trump’s tariffs

Published Sun, Jun 15 20254:26 AM EDT The flags of Canada, France, Germany, Italy, Japan,...
Consumer sentiment reading rebounds to much higher level than expected as people get over tariff shock

Consumer sentiment reading rebounds to much higher level than expected as people get over tariff shock

Published Fri, Jun 13 202510:05 AM EDT Key Points Consumers in the early part of June took ...
Here are the three reasons why tariffs have yet to drive inflation higher

Here are the three reasons why tariffs have yet to drive inflation higher

Published Thu, Jun 12 202511:18 AM EDT Key Points Separate readings this week on consumer a...
Bessent warns of financial crisis if ‘big, beautiful bill’ fails

Bessent warns of financial crisis if ‘big, beautiful bill’ fails

June 11, 2025 2:43 pm Treasury Secretary Scott Bessent warned that Congress could set off a finan...
U.S. budget deficit hit $316 billion in May, with annual shortfall up 14% from a year ago

U.S. budget deficit hit $316 billion in May, with annual shortfall up 14% from a year ago

Published Wed, Jun 11 20252:07 PM EDTUpdated Key Points After running a short-lived surplus...
Vance joins Trump in bashing Powell, says Fed committing ‘monetary malpractice’ by not cutting rates

Vance joins Trump in bashing Powell, says Fed committing ‘monetary malpractice’ by not cutting rates

Published Wed, Jun 11 20259:37 AM EDT Key Points In a social media post Wednesday morning o...
U.S. inflation rises 0.1% in May from prior month, less than expected

U.S. inflation rises 0.1% in May from prior month, less than expected

Published Wed, Jun 11 20258:32 AM EDTUpdated  Key Points The consumer price index increased...
World Bank sharply cuts global growth outlook on trade turbulence

World Bank sharply cuts global growth outlook on trade turbulence

Published Tue, Jun 10 202511:24 AM EDT Key Points The World Bank sharply cut its global eco...
Bulgaria is set to join the euro zone. But its citizens aren’t convinced

Bulgaria is set to join the euro zone. But its citizens aren’t convinced

Published Tue, Jun 10 20253:55 AM EDT Key Points Bulgaria is set to become the 21st member ...
CEO recession expectations decline from April scare, survey says

CEO recession expectations decline from April scare, survey says

Published Mon, Jun 9 202512:33 PM EDT Key Points Less than 30% of CEOs see either a mild or...
Inflation fears receded in May as Trump eased some tariff threats, New York Fed survey shows

Inflation fears receded in May as Trump eased some tariff threats, New York Fed survey shows

Published Mon, Jun 9 202511:00 AM EDTUpdated Mon, Jun 9 202512:25 PM EDT Key Points The New...
U.S. payrolls increased 139,000 in May, more than expected; unemployment at 4.2%

U.S. payrolls increased 139,000 in May, more than expected; unemployment at 4.2%

Published Fri, Jun 6 20258:30 AM EDTUpdated Fri, Jun 6 202512:04 PM EDT Key Points Nonfarm ...