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US stocks fall as hopes wither for a cut to interest rates by the Federal Reserve this year

11+ hour, 3+ min ago  (574+ words) The S&P 500 fell 0.7% in morning trading and was on track for a fourth straight losing week, its longest such streak in a year. The Dow Jones Industrial Average was down 136 points, or 0.3%, as of 10 a.m. Eastern time, and the Nasdaq…...

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US national debt surges past $39 trillion just weeks into war in Iran

1+ day, 13+ hour ago  (239+ words) The unprecedented figure highlights competing administration priorities, from passing a massive tax law and boosting defense spending and immigration enforcement to chipping away at the debt itself " the latter of which Donald Trump promised to do as both a candidate…...

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Poland is now among the world’s 20 largest economies. How it happened

3+ day, 18+ hour ago  (1050+ words) By CLAUDIA CIOBANU and DAVID McHUGH It's a historic leap from the post-Communist ruins of 1989-90 to European growth champion, which economists say has lessons on how to bring prosperity to ordinary people " and that the Trump administration says should be…...

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Trump’s ‘roaring’ economy meets a rough start to 2026: What the latest numbers show

1+ week, 5+ day ago  (667+ words) In his State of the Union address less than two weeks ago, the Republican president confidently told the country: "The roaring economy is roaring like never before." The latest batch of data on jobs, pump prices and the stock market…...

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Minimum-wage exception bill is a lifeline for small businesses | Opinion

3+ week, 5+ day ago  (313+ words) On Nov. 3, 2020, Florida voters enacted an amendment to the Florida Constitution calling for the minimum wage to begin increasing by $1 per year starting on Sept. 30, 2021. As a result of that vote, Florida's minimum wage is currently $14 an hour and will…...

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FACT FOCUS: Trump says tariffs have created an economic miracle. The facts tell a different story

1+ mon, 2+ week ago  (898+ words) By PAUL WISEMAN and CHRISTOPHER RUGABER, AP Economics Writers He made his case in a recent opinion piece in The Wall Street Journal, chiding the paper and critics, including mainstream economists, who predicted that tariffs would backfire, raising prices and…...

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Americans’ confidence in the U.S. economy falls sharply in January to lowest level since 2014

1+ mon, 3+ week ago  (427+ words) The Conference Board said Tuesday that its consumer confidence index cratered 9.7 points to 84.5 in January, falling below even the lowest readings during the COVID-19 pandemic. A measure of Americans" short-term expectations for their income, business conditions and the job market…...

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Asking Eric: Prices are skyrocketing. Do we tip less or just stop dining out?

1+ mon, 3+ week ago  (733+ words) Dear Eric: We are seniors (ages 76 and 77) on a limited income. Our living expenses are high for medical reasons. As a result, we carefully plan our restaurant visits. Although we do not and never have frequented very expensive restaurants, we…...

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Consumer spending pushes US economy up 4.4% in third quarter, fastest in two years

1+ mon, 4+ week ago  (305+ words) America's gross domestic product " the nation's output of goods and services " rose at a 4.4% annual pace in the third quarter, the Commerce Department reported Thursday, up from 3.8% in the April-June quarter and from the 4.3% growth the department initially estimated. The…...

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Only a fearless Fed can restrain Trump | Editorial

1+ mon, 4+ week ago  (517+ words) There's a straight line between the criminal investigation of Federal Reserve Board Chairman Jerome Powell and increasingly shrill threats to seize Greenland. It's Donald Trump's willingness to shake the foundations of the economy " regardless of the consequences. Economic damage is…...