Traders on Kalshi are placing a 61% probability on the US entering a recession in 2025, following Trump’s tariff order ...

As if investors didn't have enough to worry about, they can now add an open breach between President Donald Trump and the chair of the Federal Reserve during an economic crisis and a financial ...

On Friday, Federal Reserve Chair Jerome Powell said he expects Trump’s tariffs will raise inflation and lower growth. Powell ...

The Trump administration’s expansive new tariffs will likely lead to higher inflation and slower growth for the U.S. economy, Federal Reserve Chair Jerome Powell said Friday. Powell said that the ...

Under the direction of Elon Musk’s Department of Government Efficiency, the health agency fired some 10,000 employees this ...

The 10% baseline tariffs took effect at 12:01 a.m. ET Saturday at U.S. seaports, airports, and customs warehouses.

President Donald Trump’s sweeping new tariffs are facing blowback from all corners – a market sell-off, foreign retaliation, anger from corporate America and skepticism from the Federal Reserve ...

Inflation has been top of mind in recent years. Most of Wall Street follows the CPI but the Fed favors the PCE. Here's why.

Mega-cap tech stocks led the rout, with Apple posting its worst two-day drop since March 2020. Financial stocks also suffered steep losses.

Still, the Fed chair said the central bank isn’t in a hurry to cut rates. “We’re waiting for greater clarity before we ...

WLKY meteorologist Eric Zernich's Friday night forecast on another round of showers and storms moving back into Louisville ...

The US economy added 228,000 jobs in March, but experts warn that President Trump's new tariffs could impact future growth.