Some analysts fear tariffs will not only make goods more expensive, but could create "stagflation" - a period of slow growth but high inflation.

The Trump administration is not speaking with one voice. Scott Bessent, the new treasury secretary, has stressed that the ...

though Musalem and other officials have said they still remain in check — for now. Are rate cuts this year still on the table? The Fed still isn’t done dealing with inflation, but there might ...

“We will begin a new era of soaring incomes,” Mr. Trump said at a rally in October. “Skyrocketing wealth. Millions and ...

Fed Chair Jerome ... on the battlefield right now," Trump said. The potential move could expand Trump's confrontational trade policy beyond an initial set of countries targeted this week.

Sabrina Karl has over two decades of experience writing about savings, CDs, and other ... Now Is a Smart Time to Lock In a CD Financial markets are currently pricing in a 50% probability that the ...

Meanwhile, thousands of other IRS employees have ... just tearing apart the fabric of our country because these are dedicated, dedicated people.” Now, thousands of “the best of America ...

Former central banker Mark Carney looks set to become Canada’s next prime minister after the governing Liberals announce a ...

President Donald Trump's tariffs on Canada have caused lumber prices to rise, with homebuilders warning that the higher ...

The Federal Reserve meets ... on the state of the country’s economy, and it affects the interest rates you get on deposit accounts, personal loans, mortgages and other financial products.