#economy

France and Italy are among the countries that have criticised a video showing Itamar Ben-Gvir taunting dozens of activists detained at an Israeli port.

President Donald Trump has long tried to portray himself as something of a strongman on China, though his tough talk and trade wars are often undercut by his remarkably accommodating nature toward Xi Jinping.

Nearly half of Americans have anxiety about their finances at the same time as they have frustrations with the economy under President Trump, according to a new poll. In the CBS News/YouGov poll, 4…...

Former national security official Rush Doshi says President Trump's sky-high tariffs on Chinese goods sparked a clash in which China prevailed. We look at the current state of U.S.-China relations.

President Trump is in Beijing meeting with China's President Xi Jinping, with the two leaders aiming to stabilize their trading relationship after last year's trade war.

Low-income households are cutting back on gas as prices surge, while wealthier households remain largely unfazed.

President Trump’s trade agenda is in question following the latest court decision striking down tariffs aimed at replacing a previous regime that was also knocked down by the judiciary, r…...

The supposed benefits of high tariffs are far more distant and less visible to voters than those of tax cuts.

A "hawkish" turn at the Fed and stubbornly high inflation could delay interest rate cuts, according to Bank of America economists.

The tariffs were put in place in February, days after the Supreme Court struck down President Trump's previous round of sweeping "Liberation Day" tariffs.

BLOOMBERG

President Donald Trump said he would give the European Union until July 4 to ratify its trade agreement with the US, after previously threatening to hike tariffs on auto imports as soon as this week if it failed to do so.

The U.S. national debt held by the public has surpassed the size of the economy for the first time since World War II, reaching over 100% of GDP in March.

Federal debt held by the public now surpasses the total value of the nation's economic output. Here's why experts say that's a concern.

Jeanine Pirro, the U.S. attorney in Washington, dropped an inquiry into Jerome Powell last month after a federal judge blocked her grand jury subpoenas.

Remember Liberation Day? Well, a year later, inflation is up, Trump’s ratings are down — and he doesn’t care...

President Donald Trump announced he'd be reimposing 25% tariffs on EU vehicles after the trade partner allegedly did not hold up its end of the two bodies' trade deal...

From fuel to food, fertilizer and flights, the fallout from the Iran war is reshaping the global economy. We hear from reporters in Africa, Asia, Europe and Latin America on the ways it’s affecting their regions and how they’re coping.

A Post-ABC-Ipsos poll shows most Americans call the military action a mistake, even as Republicans remain strongly supportive. Many fear the conflict will lead to a recession.

President Donald Trump announced Friday he will increase tariffs on European Union cars and trucks to 25%.

President Trump said the European Union "is not complying with our fully agreed to trade deal."...

The price of the international benchmark Brent crude oil rose to more than $126 a barrel at one point overnight, the highest since 2022. It later fell back to around $114 a barrel.

The Senate Banking vote is the first of two key events surrounding the future of the Fed’s leadership.

Donald Trump promised that 2026 would be a bumper year for economic growth. Instead it's kicked off with job losses, rising gasoline prices and more uncertainty about America’s future.

The latest PCE inflation data was released by the Commerce Department which showed that inflation rose and remained elevated in March due in part to the Iran war's impact.

Donald Trump said he will not remove Jerome Powell as Federal Reserve Board chairman before his term ends in May 2026.

U.S.-Iran peace talks stall. Here's where things stand — and what's next for markets...

Fast-rising gas prices lifted the Federal Reserve’s preferred inflation gauge to 3.5% in March, its highest rate in almost three years, new data showed Thursday.

The Fed held interest rates steady on Wednesday.

The U.S. economy grew at a 2 percent pace in the first three months of the year, new government data shows.

Federal Reserve policymakers left interest rates unchanged in April amid concerns about elevated inflation and as Fed Chair Jerome Powell's term as central bank chairman draws to a close.

The US economy picked up steam in the beginning of the year as the United States and Israel launched a destabilizing war with Iran that has jacked up prices and is still ongoing.

The Federal Reserve on Wednesday released its latest decision on interest rates.

The report on gross domestic product covers the first three months of this year.

Economists say Americans should expect elevated prices at the pump and rising grocery costs in the months to come.

The Federal Reserve on Wednesday kept interest rates unchanged for a third consecutive meeting, with some key policymakers signaling concern over still-elevated energy prices due to the US-Israeli war with Iran.

The data guru offered a "really stunning" analysis on how the president compares his predecessor on the key issue.

Their experiences — of sudden financial insecurity, months of unemployment, and crippling anxiety — come as the administration seeks to restrict legal migration and boost mass deportation.

The Fed is expected to hold rates steady, at what's likely to be Jerome Powell's last meeting as chair — with Kevin Warsh looking set to replace him.

The findings from The Associated Press-NORC Center for Public Affairs Research show a president who is struggling with unfulfilled promises to tame inflation and testing Americans’ patience with a conflict in the Middle East that has dragged on longer than expected.

Two-thirds of Americans disapprove of Trump’s handling of inflation, according to an NBC News Decision Desk Poll, with some cracks emerging in his GOP support.

With peace talks stalled and US President Donald Trump offering no timeline for ending the war with Iran, the question on everyone’s lips is, who can withstand the pain inflicted by this war the longest? There is growing evidence that it’s Iran.

President Trump’s nominee to become the next chair of the Federal Reserve wants to overhaul the central bank, including its more than $6 trillion balance sheet.

Kevin Warsh’s Federal Reserve chair confirmation hearing offered no shortage of strong opinions about the economy — few though came from Warsh himself.

For more than a decade, leader Xi Jinping has overseen a transformation within the Chinese economy with one aim: making it energy-secure.

Oil markets shrugged it off, but the effort to hurt Iran could provoke retaliation that inflicts more damage on energy assets and the global economy.

The knock-on effects of the war in the Gulf go beyond a hold on interest rates and are set to reverberate for months.

Many Hungarians, exhausted by a struggling economy and worried about a move away from the European Union, were jubilant after Prime Minister Viktor Orban conceded. Some had wondered if he would.

Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell brought together a group of bank executives this week to discuss cybersecurity concerns in the wake of Anthropic’s new Mytho…...

The cap on Plan 2 and postgraduate loan interest rates comes amid a risk of rising inflation.

California's fast-food minimum wage hike to $20 resulted in job losses, higher prices, and reduced worker hours, a University of California, Santa Cruz study suggests.

The government's hopes that 2026 would be the year when growth picks up are at risk of being scuppered.

The American economy is facing a real recession, amplified by a wealth gap, job displacement due to AI, and a fragile social fabric, leading to a permanent condition of “almost fine” fo…...

Republicans once owned the economy as an issue. Polling shows it’s no longer their “it” factor.

What Trump wrought in Venezuela could have come from a Wall Street playbook.

Attacks on facilities by both sides in the conflict this week threaten grave consequences for the global economy...