Trump 'not planning' to fire Fed Chair Jerome Powell, despite reports

President Trump denied reports that he plans to fire Fed Chair Jerome Powell, but he continued to sharply criticize the head of the central bank.

June CPI inflation report: Which prices changed the most last month

Inflation in the U.S. rose last month to its highest level since February, reversing several months of cooling prices. Here's a look at what prices changed the most.

Trump announces 25% tariffs on Japan and South Korea

The president warned both countries that if they retaliate with their own tariffs, the U.S. would further increase import taxes.

Oil prices could spike amid US strikes on Iran nuclear sites. What we know

Oil prices may change after the United States’ involvement in the Israel-Iran war. Some experts warn that possible retaliation by Iran could interrupt the influx of crude oil, which may harm global economies.

Feds make decision on interest rates: What to know

Federal Reserve officials expect inflation to worsen in the coming months but they still foresee interest rate cuts by the end of this year.

Trump tariffs likely to raise appliance prices, experts say

Prices for major appliances jumped in May, and new tariffs backed by President Donald Trump are expected to push them even higher as manufacturers face rising costs for foreign-made materials.

Financial advisor tells investors to weather the storm

President Trump’s tariffs and trade war shocked people planning for retirement, as many 401k(s) plummeted in only a matter of days this spring. But only a few months later, many of those accounts have recovered their losses.

White House press briefing on June 11, 2025 [RAW]
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White House Press Secretary Karoline Leavitt holds a press briefing to discuss current economic and Los Angeles protest-related topics, while also answering questions from reporters.

Economic predictions remain strong: White House
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White House Press Secretary Karoline Leavitt touts new economic and consumer price index (CPI) indicators for reporters on Wednesday, saying the ?economy will boom like never before? after the passage of the ?One Big, Beautiful Bill? in Congress.

US layoffs spike nearly 50% as DOGE-driven cuts take center stage

Employers have announced nearly 80,000 planned hires in 2025 so far, though that's a historically low pace compared with recent years.

Summer educational program scrambling after federal funding cuts

Cutbacks in the nation's capital are hitting close to home as one Twin Cities nonprofit says the federal government cut $342,000 in grant money for its six-week summer program.

State worker layoff notices likely despite budget deal among lawmakers near

With a government shutdown looming on July 1, and no special session announced, the state will have to give layoff notices next week to employees deemed not to work in "critical services".

Child care cost the most in these states in 2024, analysis found

The steep cost of child care in America is weighing on parents all over the country, but those in these particular states were found to feel the pinch the most.