News
How upcoming tariff refunds may affect U. S. businesses and consumers
4+ hour, 20+ min ago (932+ words) One of the many uncertainties clouding the U. S. economic picture is tariffs " both the prospect of new ones and upcoming refunds from those struck down by the Supreme Court. Stephanie Sy speaks with Jay Foreman, CEO of the toy maker Basic…...
WATCH LIVE: Fed Chair Powell holds briefing on interest rate decision as his term nears end
1+ day, 2+ hour ago (630+ words) Fed Chair Jerome Powell will hold a news conference at 2: 30 p. m. EDT on Wednesday, April 29. Watch it live in our video player above. Also Wednesday, the Senate Banking Committee will vote on whether to confirm President Trump's nominee, Kevin Warsh, to…...
PBS News Hour | Warsh faces questions on Fed independence, personal wealth | Season 2026
1+ week, 1+ day ago (1791+ words) Fed nominee Warsh questioned on independence from Trump and personal wealth Clip: 4/21/2026 | 8m 58s Video has Closed Captions | CC President Trump's pick to lead the Federal Reserve, Kevin Warsh, was on Capitol Hill facing a slew of lawmaker questions on his monetary…...
Global economy projected to grow 3. 2% this year, more than expected despite U. S. trade war
4+ mon, 3+ week ago (273+ words) The 38-country OECD now forecasts that the world economy will grow 3. 2% this year, down a tick from 3. 3% in 2024 but an improvement on the 2. 9% it had predicted for 2025 back in June. The organization, which does economic research and promotes international trade…...
U. S. wholesale prices surged 4% last month during the Iran war
2+ week, 1+ day ago (496+ words) The Labor Department reported Tuesday that its producer price index " which measures inflation before it hits consumers " rose 0. 5% from February and 4% from March 2025. The year-over-year gains was the biggest in more than three years. Energy prices surged 8. 5% from February. Excluding…...
Oil prices give back much of their morning jump as U. S. stocks climb on a still hopeful Wall Street
2+ week, 2+ day ago (830+ words) The S&P 500 rose 0. 6% in late trading after erasing an earlier dip. The Dow Jones Industrial Average was up 102 points, or 0. 2%, with an hour remaining in trading, and the Nasdaq composite was 0. 8% higher. Even in the oil market, where prices…...
Tribally owned gas stations offer cheaper fuel as Iran war drives up prices
2+ week, 4+ day ago (964+ words) "I purposely drove here just for the gas," Lewis said while filling up her Chevrolet Suburban at the Tulalip Market this week for $4. 84 a gallon (3. 8 liters) " about 75 cents less than prices near home. "Gas is ridiculous. But I have found,…...
News Wrap: Inflation report shows the biggest increase since 2024
2+ week, 5+ day ago (1049+ words) In our news wrap Friday, the latest inflation report shows the biggest price increase since 2024, the Trump administration released plans for a new triumphal arch in the president's effort to leave his mark on the nation's capital and Russia and…...
PBS News Hour | News Wrap: Inflation sees biggest increase since 2024 | Season 2026
2+ week, 5+ day ago (1216+ words) Inflation report shows the biggest increase since 2024 Clip: 4/10/2026 | 6m 29s Video has Closed Captions | CC In our news wrap Friday, the latest inflation report shows the biggest price increase since 2024, the Trump administration released plans for a new triumphal arch in the…...
Soaring gas prices leads to biggest monthly inflation spike in four years in March
2+ week, 5+ day ago (674+ words) Consumer prices rose 3. 3% in March from a year earlier, the Labor Department said Friday, up sharply from just 2. 4% in February and the biggest yearly increase since May 2024. On a monthly basis, prices rose 0. 9% in March from February, the largest such…...