Economic News
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Top Federal Reserve official defends central bank's independence in wake of Trump win
A Federal Reserve official has given a lengthy defense of the central bank's political independence
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Infowars auction could determine whether Alex Jones is kicked off its platforms
It's auction time for Alex Jones' Infowars
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The global luxury goods market is forecast to shrink in 2025. Trump's tariffs could make it worse
Global sales of personal luxury goods are forecast to shrink next year for the first time since the Great Recession in 2008 and the COVID-19 pandemic
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Flurry of contract deals come as railroads, unions see Trump's election looming over talks
The flurry of contract agreements announced early this fall — including two more Wednesday — offer evidence that major railroads and their unions are working to avoid the standoffs that led them to a brink of a national strike two years ago
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Stock market today: Wall Street drifts to a mixed finish after an inflation update
U.S. stocks drifted to a mixed finish after the latest inflation update boosted hopes that more help for the economy will arrive next month from another cut to interest rates
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Amazon launches an online discount storefront to better compete with Shein and Temu
Amazon has launched a low-cost online storefront featuring electronics, apparel and other products priced at under $20
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Spirit Airlines delays release of Q3 financial results as debt restructuring talks heat up
Spirit Airlines says it won’t announce its quarterly financial results on time because the company is focused on talks with bond holders to restructure its debt
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US inflation rose slightly last month after 2 years of steady cooling but remained low
Inflation in the United States ticked up in October, driven by costlier rents, used cars, and air fares, a sign that price increases might be leveling off after having slowed in September to their lowest pace since 2021
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US inflation rose slightly last month after 2 years of steady cooling but remained low
US inflation rose slightly last month after 2 years of steady cooling but remained low
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Trump's economic agenda for his second term is clouding the outlook for mortgage rates
Donald Trump’s election win is clouding the outlook for mortgage rates even before he gets back to the White House
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