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Fed Chair dodged growing turf war with Scott Bessent's Treasury: expert
1+ hour, 12+ min ago (45+ words) Federal Reserve Chair Kevin Warsh delivered a much-anticipated policy speech and said almost nothing, which economics columnist Catherine Rampell says was the point.During a Friday morning speech in Jackson Hole, Wyoming, Warsh warned that inflation remained "still worrisome" and…...
Tanking economy spurs stunning conclusion from analyst: Trump's doing it 'deliberately"
2+ day, 16+ hour ago (365+ words) President Donald Trump's economic record has been so bad that one analyst concluded he must have wrecked it on purpose. Rather than resulting from external shocks, the 80-year-old president's economic struggles stem largely from his own administration's decisions, MS NOW's…...
Household staple under threat after Trump's tariffs wipe away Canadian goods: report
2+ day, 9+ hour ago (47+ words) President Trump's escalating trade fight with Canada is about to make one of the most basic household necessities more expensive, as Canada prepares retaliatory tariffs on toilet paper and hundreds of other American goods.The news was reported by The…...
'Addled' Trump viciously mocked after flub: 'Bond market also two weeks away from a nuke?"
1+ week, 5+ hour ago (46+ words) President Donald Trump's threat to use military intervention to handle the troubled bond markets is baffling his online critics.On Friday, a reporter asked Trump about increasing bond yields, which Treasury Secretary Scott Bessent has struggled to contain after a…...
Wild gaffe as Trump threatens to unleash military on sluggish bond market
1+ week, 6+ hour ago (51+ words) President Donald Trump on Friday answered a reporter's question about calming the turbulent bond market by saying he'll use military force.Trump was asked whether he had spoken with Treasury Secretary Scott Bessent about "another type of intervention" after bond…...
Trump triggered economists' worst fears — and Nobel laureate warns it may be 'permanent"
1+ week, 5+ day ago (152+ words) President Donald Trump's economy has created a "possibly permanent" new era that has confirmed the fears of many of America's top economists, according to one expert. Throughout Trump's second term, his administration has sought to deport millions of people the…...
Economist alarmed as Trump's 'anemic' economy pushes Americans to the brink
2+ week, 5+ day ago (52+ words) An economist flagged several warning signs after the latest jobs report showed President Donald Trump's economy had become "anemic."On Friday, the Trump administration released a report that showed the U.S. economy lost 23,000 jobs in July, one of the worst monthly…...
'Significantly worse than expected': Tanking jobs report stuns CNN analyst
3+ week, 15+ hour ago (54+ words) The U.S. economy lost more jobs last month than expected amid a summer hiring slump, marking a sharp slowdown from the month before.The U.S. economy lost 23,000 jobs in July, a sharp miss from economists' expectations of a 90,000-job gain, according to…...
Trump's 'desperate attempt' to escape 'blaring warnings' flagged by economist
3+ week, 1+ day ago (50+ words) An economist sounded the alarm on the Trump administration's "desperate attempt" to avoid "blaring warnings" from financial markets.In a Thursday opinion column published by The New York Times, economist Eswar Prasad explained why President Donald Trump and the U.S. Treasury…...
'Gilded junk': Trump slapped with stark recession warning in seething analysis
3+ week, 5+ day ago (151+ words) President Donald Trump, a man whose love of gold frequently reaches religious heights, has received a stark warning that his gilded age is about to end. Americans, who reported this weekend they survive by selling blood and hunting churches for…...