News
Warsh Shakes Up Fed Analysis, Maintains Interest Rates
2+ hour, 17+ min ago (610+ words) By Andrew Rice | The Center Square (Worthy News) " The central bank would implement new task forces to aid in deciding monetary policy, Kevin Warsh, the new chairman of the Federal Reserve, said Wednesday. The central bank also decided to keep…...
Inflation Spikes To 4. 2% In May, Highest In Three Years
1+ week, 13+ hour ago (316+ words) By Andrew Rice | The Center Square (Worthy News) " U. S. inflation rose by 0. 5% in May, coming up to 4. 2% over the last 12 months, according to data from the U. S. Bureau of Labor Statistics released on Wednesday. The inflation rate is now the highest it…...
U. S. Exports Reach Record High As Trade Deficit Narrows In April
1+ week, 1+ day ago (370+ words) (Worthy News) " U. S. exports rose to a record high in April 2026, helping narrow the nation's trade deficit as foreign demand strengthened for American goods, energy products, and technology, according to data released Tuesday by the U. S. Census Bureau and the Bureau of…...
New Tariffs Could Raise Nearly $1 Trillion Over A Decade
1+ week, 1+ day ago (413+ words) By Brett Rowland | The Center Square (Worthy News) " Proposed tariffs on imports from 60 economies could raise nearly $970 billion over the next decade, according to estimates released Monday by the Committee for a Responsible Federal Budget. The tariffs, proposed under Section…...
U. S. Economy Adds 172, 000 Jobs In May, Far Exceeding Expectations
1+ week, 3+ day ago (410+ words) (Worthy News) " The U. S. labor market remained stronger than expected in May, as employers added 172, 000 jobs and the unemployment rate held steady at 4. 3%, according to new data released by the Bureau of Labor Statistics. The report easily surpassed economists" expectations of…...
U. S. Private Payrolls Beat Expectations As Hiring Gains Momentum
2+ week, 5+ hour ago (258+ words) (Worthy News) " U. S. businesses added more jobs than expected in May, offering another sign that demand for workers is strengthening despite pressure from the Iran war and elevated gas prices. Private-sector payrolls rose by 122, 000 jobs in May, ADP Research reported Wednesday,…...
World's Richest Families Reduce Dollar Exposure Amid U. S. Debt Concerns (Worthy News Focus)
2+ week, 6+ day ago (742+ words) LONDON/ZURICH (Worthy News) " The world's wealthiest families are reducing their exposure to the U. S. dollar amid growing concerns about the long-term outlook for the world's dominant reserve currency due to rising American debt levels and geopolitical tensions, according to reports…...
Inflation Rises To 3. 8%, Driven By Energy Prices
1+ mon, 5+ day ago (296+ words) By Andrew Rice | The Center Square (Worthy News) " Inflation increased 0. 6% in April, with an overall rate of 3. 8% over the last 12 months, according to new data from the U. S. Bureau of Labor Statistics. The energy industry remained a key driver of the…...
U. S. Economy Adds 115, 000 Jobs In April As Hiring Beats Expectations Despite Inflation Pressures
1+ mon, 1+ week ago (548+ words) (Worthy News) " The U. S. economy added 115, 000 jobs in April, far surpassing economists" expectations and signaling that the labor market may be showing renewed strength even as inflation and global instability continue weighing on American households. The unemployment rate held steady at…...
U. S. Deficit Projected To Hit $2 Trillion, Double Fiscal Target
1+ mon, 1+ week ago (566+ words) By Brett Rowland | The Center Square (Worthy News) " The federal government is projected to post a $2 trillion deficit in fiscal year 2026, double the 3% of GDP target that has bipartisan support in Congress, according to Treasury's quarterly refunding documents. The $2 trillion…...