The number of Americans filing for unemployment benefits tumbled to their lowest level more than 50 years last week despite a number of economic headwinds including the war in Iran.
"The King and Queen got me to do something that nobody else was able to do, without hardly even asking!" President Donald Trump posted on social media.
The Federal Reserve is transitioning to new leadership. Kevin Warsh, Trump's pick for Fed chair, was confirmed by a Senate committee today, clearing the way for a full Senate vote. Jerome Powell said he'll step aside when his term as chair ends in .. ...
One of the many uncertainties clouding the U.S. economic picture is tariffs -- both the prospect of new ones and upcoming refunds from those struck down by the Supreme Court. Stephanie Sy speaks with Jay Foreman, CEO of the toy maker Basic Fun!, for ...
The Senate Banking Committee is scheduled to vote on the nomination of Kevin Warsh to succeed Jerome Powell. The nomination is expected to be approved on a party-line vote, and will then be taken up by the full Senate next month.
The Federal Reserve will meet this week ahead of a looming leadership transition that remains fuzzy, and Wednesday's news conference will be closely watched for any clarification.
The United Arab Emirates announced Tuesday that it will leave the oil cartel OPEC and its wider OPEC+ group effective May 1, a move rumored for some time as the Emirates chafed under production restrictions and had increasingly frosty relations with ...
With airlines worldwide canceling flights as the war in the Middle East strains jet fuel supplies and pushes up prices, here's what to know if your flight is canceled.
Businesses have doled out as much as $4 million for last-minute plans to move boats through the Panama Canal in recent weeks, the Panama Canal Authority says, as Iran war's effective closure of the Strait of Hormuz generates a seismic shift in global ...