News
Bessent blasts Powell's decision to stay at Fed
2+ hour, 27+ min ago (264+ words) HUNT VALLEY, Md. (TNND) " Treasury Secretary Scott Bessent on Wednesday criticized Federal Reserve head Jerome Powell's decision to stay at the central bank after his term as chair ends. Bessent told Fox Business that Powell's choice to remain as a governor…...
Federal Reserve keeps key rate unchanged even as 4 officials dissent
2+ day, 3+ hour ago (322+ words) President Donald Trump welcomes Artemis II Astronauts to the White House. WASHINGTON (TNND) " The Federal Reserve on Wednesday held its benchmark interest rate steady for a third consecutive meeting -- but indicated it may still move toward rate cuts in the…...
Federal Reserve keeps key rate unchanged, with Powell attending his last meeting as chair
2+ day, 3+ hour ago (322+ words) President Donald Trump welcomes Artemis II Astronauts to the White House. WASHINGTON (TNND) " The Federal Reserve on Wednesday held its benchmark interest rate steady for a third consecutive meeting -- but indicated it may still move toward rate cuts in the…...
Trump administration preparing to sue egg producers for alleged price fixing, report says
1+ week, 4+ day ago (368+ words) HUNT VALLEY, Md. (TNND) " The Trump administration is reportedly preparing to sue some of the country's biggest egg producers for allegedly fixing prices. The potential lawsuit would mark the latest development in the Department of Justice's civil investigation into the companies,…...
Small business optimism falls as energy costs rise, NFIB report shows
2+ week, 2+ day ago (439+ words) (TNND) " Small business optimism took a hit last month as energy prices rose, according to the National Federation of Independent Business. The NFIB's optimism index for March, released Tuesday, fell 3 points from February to register a 95. 8. That pulled the index…...
Oil shocks bring new risks to wobbly labor market
3+ week, 4+ day ago (11+ words) National News Desk...
Trump credits tariffs for monthly jobs growth, smaller year-over-year trade deficit
3+ week, 4+ day ago (368+ words) President Donald Trump holds a press conference on the American crew member rescued by US special forces in Iran. HUNT VALLEY, Md. (TNND) " President Donald Trump credited his tariffs on Saturday for monthly jobs growth and a smaller year-over-year trade deficit....
Fed not considering energy supply shock caused by Iran war, Powell says
1+ mon, 23+ hour ago (268+ words) HUNT VALLEY, Md. (TNND) " The Federal Reserve is not considering the energy supply shock caused by the Iran war in its policymaking, Chair Jerome Powell said Monday. He told students during a Harvard University class that sudden supply disruptions, like those…...
Consumer sentiment takes a hit from Iran war, rising gas prices
1+ mon, 4+ day ago (768+ words) (TNND) " Consumer sentiment took a hit in March as the war with Iran fueled concerns over gas prices and other shocks to the economy. Sentiment fell back 6% this month to its lowest level since December, according to an update released…...
Fact Check Team: How close are we to a global recession amid the energy crisis?
1+ mon, 6+ day ago (277+ words) by MORGAN STEPHENS & EMMA WITHROW | Fact Check Team WASHINGTON (TNND) " Oil prices are surging, global energy infrastructure is under threat, and experts are warning that a ripple effect could push the world economy toward a recession. But how real is…...