"Looking ahead, higher tariffs will be working their way through our economy and are likely to raise inflation in coming quarters," Powell said. "Our obligation is to ... make certain that a one ...

Carol Lewis has no regrets about how she voted on the chicken issue. As a longtime member of the St. Cloud, Minn., city council, she’d heard all the arguments. At a December meeting, locals ...

Raising a child now costs nearly $300K over 18 years, with a 25% increase due to higher expenses in child care, food, and health insurance premiums, according to a new study. Hawaii is the most ...

April 3 (Reuters) - Brokerages HSBC, Deutsche Bank and BofA warned on Thursday that the U.S. economy faces a higher risk of slipping into a recession this year if President Donald Trump's sweeping ...

OpenAI said on Monday it would raise up to $40 billion in a new funding round led by SoftBank at a $300 billion valuation to advance AI research, expand computational infrastructure and enhance ...

Typically the central bank would reduce its key interest rate to lower borrowing costs and spur the economy in the event of slower growth, while it would raise rates — or keep them elevated ...

Here's how Trump's math says it would work: The 67% tax should raise the prices of Chinese products in the United States. And those higher prices should discourage Americans from buying Chinese ...

The tension between those two instincts explains why Trump contradicts himself by presenting his tariffs as both a short-term bargaining tactic and a long-term strategy for raising revenue and ...