Posted inEconomy
Trump says it’s ‘highly unlikely’ he will fire Fed Chair after broaching idea with GOP reps
President Donald Trump said Wednesday it was ‘highly unlikely’ he would fire Jerome Powell as…
Posted inEconomy
A flagging U.S. industry looks for new life in a Philadelphia shipyard
The U.S. shipbuilding industry is looking for help. A South Korean company is answering the…
Posted inEconomy
Inflation picks up again in June as tariffs slowly work their way through U.S. economy
Consumer prices rose in June as President Donald Trump’s tariffs began to slowly work their…
Posted inEconomy
Jerome Powell asks inspector general to review Fed’s $2.5B renovation project
The Federal Reserve has brought in its inspector general to review a building expansion that…
Posted inEconomy
Some Walmart garment orders from Bangladesh on hold due to U.S. tariff threat
LONDON/NEW YORK, July 11 (Reuters) – Suppliers to Walmart WMT.N have delayed or put on…
Posted inEconomy
Sports executive charged with bid-rigging in Texas arena project
Oak View Group CEO Tim Leiweke was indicted on a federal criminal conspiracy charge related…
Posted inEconomy
OpenAI to release web browser in challenge to Google Chrome
SAN FRANCISCO — OpenAI is close to releasing an AI-powered web browser that will challenge…
Posted inEconomy
Trump’s tariffs on Brazil could make your coffee even more expensive
President Donald Trump’s proposed 50% tariff on Brazilian imports is bad news for coffee drinkers.…
Posted inEconomy
Italian chocolate giant Ferrero to buy Kellogg’s Froot Loops maker
What’s “Froot Loops” in Italian? The European confectionary company Ferrero has agreed to buy WK…
Posted inEconomy
White House accuses Powell of mismanaging Federal Reserve, citing headquarters renovation
President Donald Trump’s budget chief on Thursday said that Federal Reserve Chairman Jerome Powell “has…