• Bessent: US Has 'Makings of a Deal' With China
  
  U.S. Treasury Secretary Scott Bessent said Friday he believed that Washington has the makings of a deal with China and that he was "optimistic" about the path forward.
• Trump Fires Labor Statistics Commissioner After Weaker Jobs Report
  
  President Donald Trump on Friday ordered that the commissioner of the U.S. Bureau of Labor Statistics, Erika L. McEntarfer, be fired after data showed employment growth was weaker than expected last month.
• Deflation Alarm at the ECB Tower
  
  ECB board member Mario Centeno has raised the alarm about deflationary tendencies. Meanwhile, government debt is soaring, and the eurozone economy remains stagnant. The central bank's stubborn interventionism has led it straight into a trap.
• Fed Officials: Mistake to Hold Interest Rates Steady
  
  Federal Reserve Governors Christopher Waller and Michelle Bowman, who voted this week against keeping a key interest rate locked in place, said Friday they believe the central bank is making a mistake with its wait-and-see decision, considering rising threats to the nation's labor market.
• US Construction Spending Extends Decline in June
  
  U.S. construction spending dropped further in June amid a sharp decline in outlays on single-family housing projects because of higher mortgage rates and rising inventory.
• US Labor Market Cools With Just 73K Jobs Added in July
  
  U.S. job growth slowed more than expected in July while the prior month's data was revised sharply lower, pointing to a sharp moderation in the labor market.
• US Trade Partners Mostly Positive About Latest Tariffs
  
  U.S. trade partners around the world were reacting on Friday to President Donald Trump 's executive order that would introduce new tariffs on many of them in seven days, as the global economy and alliances face a fresh test from the president's trade agenda.Trump's order...
• Trump Pushes Tariffs Start Date Back to Aug. 7
  
  For weeks, President Donald Trump was promising the world economy would change on Friday with his new tariffs in place. But when Trump signed the order Thursday night imposing new tariffs on 68 countries...
• Trump's 10%-40% Tariffs Reignite Global Trade War
  
  President Donald Trump on Thursday signed an executive order that set new tariffs on a wide swath of U.S. trading partners to go into effect on Aug. 7 - the next step in his trade agenda that will test the global economy and sturdiness of American alliances built up over...
• JPMorgan's Dimon Lauds Trump's 'Thoughtful' Tariffs
  
  JPMorgan Chase CEO Jamie Dimon on Thursday praised President Donald Trump's tariffs, calling them "more moderate and thoughtful" than he anticipated. In addition to the tariffs, the banking executive gave Trump high marks on the One Big Beautiful Bill Act.
• The 'Great Re-Plumbing' of Finance Is Underway
  
  Wall Street's adoption of crypto is finally happening.First came the ETFs. Then everyone realized stablecoins were transforming money. Next comes the multitrillion-dollar heart of global capitalism: the stock market.
• Trump Pressures 17 Pharma CEOs to Cut Drug Prices
  
  U.S. President Donald Trump sent letters to the chief executives of 17 major pharmaceutical companies, urging immediate action to lower the cost of prescription drugs for Americans, the White House said Thursday.
• US Weekly Unemployment Claims Rise Marginally
  
  The number of Americans filing new applications for unemployment benefits increased marginally last week, suggesting that the labor market remained stable, though it is taking longer for laid-off workers to find new opportunities.
• Key Inflation Gauge Rises 2.6% in June
  
  U.S. inflation increased in June as tariffs on imports started raising the cost of some goods, supporting economists' expectations that price pressures would pick up in the second half of the year.
• Navarro to Newsmax: No Evidence Tariffs Raise Prices
  
  White House adviser Peter Navarro on Wednesday defended President Donald Trump's tariff policies on Newsmax, arguing there is no evidence they have driven up prices for American consumers.
• Trump: I Hear Fed Will Slash Interest Rates in Sept.
  
  President Donald Trump indicated Wednesday that the Federal Reserve will cut interest rates in September after the central bank earlier in the day decided to maintain its baseline rate from 4.25% to 4.5%.
• Federal Reserve Leaves Interest Rates Unchanged
  
  The Federal Reserve held interest rates steady Wednesday in a split decision that gave little indication of when borrowing costs might be lowered and drew dissents from two of the U.S. central bank's governors, both appointees of President Donald Trump who agree with him...
• As Germany Approves 2026 Budget, It Stumbles Into a Debt Crisis
  
  Germany's 2026 federal budget is set. The cabinet has reached an agreement on the framework, with only parliamentary approval pending-a mere formality. With a record deficit and no credible path to fiscal consolidation, Germany is lurching toward a debt crisis.
• Colorado's Hispanic Shift Secured the House for GOP
  
  In a pivotal year for American politics, the 2024 elections saw Republicans regain control of the U.S. House of Representatives. While many expected this resurgence to hinge on traditional swing states in the Midwest or South, one of the most surprising factors was the...
• NYC Real Estate Leaders Creating Anti-Mamdani PACs
  
  Many of New York's real estate leaders appear unified in trying to prevent self-described democratic socialist Zohran Mamdani from becoming the city's mayor.
• Trump Sets 25% Tariff on India, Penalties for Buying Russian Energy
  
  President Donald Trump says he'll impose a 25% tariff on goods from India, plus an additional import tax because of India's purchasing of Russian oil.Trump said on Truth Social on Wednesday that India "is our friend" but its "Tariffs are far too high" on U.S. goods. The...
• US Economy Rebounds at 3% Pace in 2nd Quarter
  
  U.S. economic growth rebounded more than expected in the second quarter, but that grossly overstated the economy's health as subsiding imports accounted for the bulk of the improvement and consumer spending increased moderately.
• US Private Payrolls Increase More Than Expected
  
  U.S. private payrolls increased more than expected July, the ADP National Employment Report showed Wednesday, though the labor market continues to slow.Private payrolls rose by 104,000 jobs last month after a revised 23,000 decline in June.
• Trump Defies Laws Laid Down by Economists
  
  At a time when there otherwise seems no end to federal deficits, Trump's trade policy put the federal government in the black for the month of June, with an unexpected $27 billion surplus, and, as it happens, about $27 billion in tariff revenue.
• WH Set to Unveil Closely Watched Crypto Policy Report
  
  A cryptocurrency working group formed by President Donald Trump is set to release a report on Wednesday that is expected to outline the administration's stances on tokenization and market-defining crypto legislation.

More Economy Stories