Economic News
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Trump wants to send Americans money. Congress and economists don't seem thrilled with the idea
Donald Trump’s pitch to send Americans $5,000 checks should Republicans prevail in the November midterms is drawing scorn from some members of Congress — the very people who have constitutional authority over federal spending
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Oil prices leap to their highest since May and drag Wall Street lower
U.S. stocks sank after oil prices jumped to their highest levels since May
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European Central Bank raises interest rates a quarter point to quell energy-fueled inflation
The European Central Bank is raising interest rates to cool inflation that is being fed by high oil prices from the Iran war
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US wholesale prices rise in latest sign of stubborn inflation as oil prices continue to climb
Wholesale inflation picked up last month after cooling earlier this summer as higher oil and gas prices stemming from the Iran war are keeping costs elevated
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British man charged with aiding Russian spies to sabotage UK drone factory
Prosecutors in London say a British man plotted with Russian spies to sabotage a drone factory in England
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China says it hopes to agree with the US on tariff reductions at 'an early date'
A Chinese government spokesperson says China and the United States hope to reach an agreement on lowering import taxes soon
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US unemployment claims dip to 206,000 as layoffs continue to remain rare
Slightly fewer Americans filed for unemployment claims last week as jobless claims remain at historically low levels and layoffs are still rare
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US wholesale prices moved higher last month in latest evidence of stubborn inflation
US wholesale prices moved higher last month in latest evidence of stubborn inflation
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European Central Bank raises interest rates a quarter point to quell inflation as Iran war drives oil prices higher
European Central Bank raises interest rates a quarter point to quell inflation as Iran war drives oil prices higher
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Trump, hoping to salvage midterms, makes a dubious pledge to give every US adult $5,000 if GOP wins
President Donald Trump says he plans to give every American adult $5,000 if Republicans retain control of the House and Senate in the midterm elections
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