Economic News

US filings for jobless benefits hits 211,000 as the war in Iran drags on, clouding economic forecast

The number of Americans filing for jobless aid rose last week but remains historically low despite the economic uncertainty caused by the war in Iran

US filings for jobless benefits up to 211,000 last week as the war in Iran drags on, clouding economic forecasts

Who is incoming Fed chair Kevin Warsh?

The U.S. Senate on Wednesday confirmed Kevin Warsh to lead the Federal Reserve

Tech carries Wall Street to records, even as most stocks fall after discouraging inflation data

A rebound for technology stocks led Wall Street to records, even though the majority of U.S. stocks fell following another discouraging update on inflation

US grocery prices rose in April, but gas spikes weren't the only reason

Americans paid more for their groceries in April, but high gas prices were only one of the reasons why

Senate confirms Trump pick Warsh as chairman of the Federal Reserve, following Powell

The Senate has confirmed Kevin Warsh as chairman of the Federal Reserve

Producer prices shot up 6%, adding pressure on companies to hike prices for struggling customers

U.S. wholesale inflation came in hot last month

Palestinian man shot dead while climbing West Bank barrier into Israel in search of work

Palestinian authorities say Israeli police have shot and killed a Palestinian man attempting to climb the barrier separating the West Bank from Jerusalem

US and China seek to repair damage from tariff war that sent trade into a freefall

President Donald Trump's trade war with Beijing has sent U.S.-China trade into a freefall and forced companies on both sides of the Pacific to regroup

Tesla CEO Elon Musk and Nvidia CEO Jensen Huang travel to China aboard Air Force One with Trump

Prominent U.S. executives from Big Tech and Wall Street to agriculture and aerospace joined President Donald Trump on his trip to China