News
About Kevin Warsh, the man behind the Federal Reserve's next chapter
51+ min ago (26+ words) NBC 6 South Florida About Kevin Warsh, the man behind the Federal Reserve's next chapter...
Inflation up 3. 3% in March as oil prices surge
1+ mon, 1+ week ago (21+ words) NBC 6 South Florida Inflation up 3. 3% in March as oil prices surge...
How and where you buy groceries impacts the price you pay
2+ mon, 2+ week ago (14+ words) NBC 6 South Florida...
Surprise tariffs are hitting shoppers this holiday season
5+ mon, 2+ week ago (1007+ words) If you order products from abroad this holiday season, you could end up with an unwanted surprise: a pricey tariff bill. This is the first holiday shopping season since the Trump administration made a major change to customs rules, extending…...
Trump drops tariffs on range of food imports in push to lower grocery prices
6+ mon, 6+ day ago (526+ words) White House Press Secretary Karoline Leavitt said Wednesday that President Donald Trump is "committed" to sending $2, 000 rebate checks using the revenue from tariffs on imported goods. President Donald Trump announced Friday that he was scrapping'U. S. tariffs'on beef, coffee, tropical fruits…...
Nobel economics prize goes to 3 researchers for explaining innovation-driven economic growth
7+ mon, 1+ week ago (588+ words) Joel Mokyr, Philippe Aghion and Peter Howitt won the'Nobel'memorial prize in economics Monday for their research into the impact of innovation on economic growth and how new technologies replace older ones, a key economic concept known as "creative destruction." The…...
Consumers fearful of recession clamp down on spending, new survey shows
7+ mon, 2+ week ago (351+ words) Many experts suggest the economy is showing signs of distress, and the latest consumer confidence survey backs that up. NBC6 spoke with Dr. Joanne Hsu, the Director of the University of Michigan's Surveys of Consumers, about the latest results for September....
Fed meeting today expected to reduce interest rates
8+ mon, 3+ day ago (495+ words) With the Federal Reserve widely expected Wednesday to reduce its'key interest rate'by a quarter-point to about 4. 1%, economists and Wall Street investors will be looking for signals about next steps: How deeply might the Fed cut in the next few months?...
Trump downplays recession fears, saying the US would be "OK' in the long term
1+ year, 2+ week ago (525+ words) President Donald Trump on Friday downplayed concerns about'potential economic trouble, saying everything would be "OK" in the long term, even if the U. S economy experienced'a recession'in the short term. Asked twice by "Meet the Press" moderator Kristen Welker whether it…...
Less selection, higher prices: How tariffs are shaping the holiday shopping season
10+ mon, 2+ hour ago (1103+ words) With summer in full swing in the United States, retail executives are sweating a different season. It's less than 22 weeks before Christmas, a time when businesses that make and sell consumer goods usually nail down their holiday orders and prices....