U.S. World Business Lifestyle
Today: May 13, 2026
Today: May 13, 2026

US Economy

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Fed's Daly says oil shock means getting inflation down takes longer

San Francisco Federal Reserve President Mary Daly said the U.S. economy is fundamentally solid, the labor market has steadied, and monetary policy is in a "good

Fed's Daly says oil shock means getting inflation down takes longer
Business|Economy|Environment|Finance

What the Trump tax breaks giveth, the gasoline pump taketh away

U.S.

What the Trump tax breaks giveth, the gasoline pump taketh away
Business|Economy|Finance|Stock Markets|World

Wall Street indexes gain as investors hold out hope for US-Iran resolution

The S&P 500 and the Nasdaq composite indexes rallied more than 1% on Monday as investors appeared

Wall Street indexes gain as investors hold out hope for US-Iran resolution
Business|Economy|Finance|Stock Markets|Technology|US|World

Aurubis CEO expects US copper demand to reduce Comex stockpile

The massive copper stockpile on the U.S.

Aurubis CEO expects US copper demand to reduce Comex stockpile
Business|Economy|Finance|Stock Markets|World

Inflation stayed stubbornly high heading into the Iran war, Fed’s preferred gauge shows

Inflation stayed stubbornly high heading into the Iran war, Fed’s preferred gauge shows

Inflation stayed stubbornly high heading into the Iran war, Fed’s preferred gauge shows
Business|Economy|Education|Finance|Health

The job market is so tough, young people are struggling just to land internships

The job market is so tough, young people are struggling just to land internships

The job market is so tough, young people are struggling just to land internships
Business|Economy|Environment

Dizzying US fuel prices are determined by factors largely outside of a gas station's control

U.S. gas prices are climbing fast, and drivers are paying the highest pump prices since 2022 as the Iran war shakes oil markets

Dizzying US fuel prices are determined by factors largely outside of a gas station's control
Economy|Education|Environment|Finance|Technology|World

Fed is watching energy price spikes, but Chair Powell says bank is limited in what it can do

Federal Reserve Chair Jerome Powell says it's important to closely monitor inflation amid a spike in energy prices from the Iran war as the average price for for gasoline nears $4 a gallon in the U.S. But he also said Monday, addressing students at Harvard University, that there isn't a lot Fed policymakers could do

Fed is watching energy price spikes, but Chair Powell says bank is limited in what it can do
Business|Economy|Finance|Stock Markets|World

US stocks drop after Trump ramps up his tariffs and investors dump potential AI losers

U.S. stocks slumped after President Donald Trump ramped up his newest tariffs, while investors continued to punish companies that could be losers in the artificial-intelligence revolution

US stocks drop after Trump ramps up his tariffs and investors dump potential AI losers
Business|Economy|World

John Roberts just gave Trump an off ramp on tariffs. He’s not taking it

John Roberts just gave Trump an off ramp on tariffs. He’s not taking it

John Roberts just gave Trump an off ramp on tariffs. He’s not taking it
Business|Economy|World

The Supreme Court struck down Trump's tariffs. Now comes the hard work of issuing refunds

The Supreme Court on Friday struck down President Donald Trump’s biggest and boldest tariffs

The Supreme Court struck down Trump's tariffs. Now comes the hard work of issuing refunds
Business|Economy|World

What the Supreme Court’s tariff ruling means for the prices you’re paying

What the Supreme Court’s tariff ruling means for the prices you’re paying

What the Supreme Court’s tariff ruling means for the prices you’re paying
Business|Economy|World

US economic growth weaker than thought in fourth quarter with government shutdown, consumer pullback

U.S. economic growth slowed in the final three months of last year, dragged down by the six-week shutdown of the federal government and a pullback in consumer spending

US economic growth weaker than thought in fourth quarter with government shutdown, consumer pullback
Business|Economy|Finance|Technology

Trump’s Fed pick says AI could push down interest rates soon. Disagreements are already brewing

Trump’s Fed pick says AI could push down interest rates soon. Disagreements are already brewing

Trump’s Fed pick says AI could push down interest rates soon. Disagreements are already brewing
Business|Economy

Maxine Waters’ ‘Can you shut him up’ moment with Scott Bessent, explained

Maxine Waters’ ‘Can you shut him up’ moment with Scott Bessent, explained

Maxine Waters’ ‘Can you shut him up’ moment with Scott Bessent, explained
Business|Economy

Trump is about to announce Powell’s replacement. One finalist backed Democrats, higher taxes and more immigration

Trump is about to announce Powell’s replacement. One finalist backed Democrats, higher taxes and more immigration

Trump is about to announce Powell’s replacement. One finalist backed Democrats, higher taxes and more immigration
Business|Economy|Finance|World

Warsh's challenge: Navigating Fed independence and Trump's demands

Kevin Warsh has sought the job of Federal Reserve chair, off and on, since President Donald Trump first considered him for the position nearly a decade ago

Warsh's challenge: Navigating Fed independence and Trump's demands
Business|Economy

3 things to know about Kevin Warsh, Trump’s nod for Fed chair

Trump’s pick to helm the Fed is well known in the financial world, but his monetary policy views have evolved to align more with the president’s desire for lower rates.

3 things to know about Kevin Warsh, Trump’s nod for Fed chair
Business|Economy|Finance|Political|World

Americans' confidence in the U.S. economy falls sharply in January to lowest level since 2014

U.S. consumer confidence declined sharply in January, hitting the lowest level since 2014 as Americans grow increasingly concerned about their financial prospects

Americans' confidence in the U.S. economy falls sharply in January to lowest level since 2014
Business|Economy|World

3 months after rapidly scheduled arguments, the Supreme Court has yet to decide on Trump's tariffs

When the Supreme Court granted an unusually quick hearing over President Donald Trump’s tariffs, a similarly fast resolution seemed possible

3 months after rapidly scheduled arguments, the Supreme Court has yet to decide on Trump's tariffs
Business|Economy|Finance|Stock Markets|World

Wall Street ticks to records after shaking off worries about Trump's feud with the Fed

Wall Street ticked to more records after bouncing back from early losses taken because of worries about the worsening feud between the White House and the Federal Reserve

Wall Street ticks to records after shaking off worries about Trump's feud with the Fed
Business|Economy|Finance|Stock Markets|US|World

US stocks drift to more records on a holiday-shortened day of trading

US stocks drifted higher to more records on a holiday-shortened day of trading

US stocks drift to more records on a holiday-shortened day of trading
Business|Economy|Finance|Stock Markets|World

More drops for AI stocks drag Wall Street to its worst day in nearly a month

More drops for AI stocks dragged the U.S. market to its worst day in nearly a month

More drops for AI stocks drag Wall Street to its worst day in nearly a month
Business|Economy|Finance

The No. 1 cause of America’s affordability problem just got worse

The No. 1 cause of America’s affordability problem just got worse

The No. 1 cause of America’s affordability problem just got worse
Economy

Wall Street rises to the edge of its all-time high

The U.S. stock market rose to the edge of its all-time high

Wall Street rises to the edge of its all-time high
Business|Economy|Finance|Stock Markets|US|World

Trading Day: Fed hopes fire risk rally

Stocks rose while U.S. bond yields and the dollar fell on Wednesday, after surprisingly weak private sector jobs data increased the likelihood

Trading Day: Fed hopes fire risk rally
Business|Economy|Finance|Stock Markets|Technology

Wall Street ends lower as yields climb; crypto stocks drop

U.S. stocks closed modestly lower on Monday, weighed down by a jump in Treasury yields and economic data that showed tariffs remained a drag on the

Wall Street ends lower as yields climb; crypto stocks drop
Business|Economy|Finance|World

Flurry of Fed dissents in coming meetings could pose market, political risks

The U.S.

Flurry of Fed dissents in coming meetings could pose market, political risks
Business|Crime|Fashion and Beauty|Finance|Technology

US Republican senator calls for DOJ and Homeland Security to investigate Shein, Temu for counterfeiting

U.S.

US Republican senator calls for DOJ and Homeland Security to investigate Shein, Temu for counterfeiting
Business|Economy|Finance|Stock Markets|World

Wall Street opens higher as December Fed rate-cut bets grow

Wall Street's main stock indexes opened higher on Wednesday, as investors parsed through a fresh batch of economic data and cemented expectations the Federal Reserve could cut interest

Wall Street opens higher as December Fed rate-cut bets grow
Business|Economy|Finance|Stock Markets|US|World

Retail sales miss expectations in September, producer prices rise

U.S. retail sales rose 0.2% after an unrevised 0.6% gain in August, the Commerce Department said on Tuesday, short of the 0.4% rise expected by economists polled by Reuters. 

Retail sales miss expectations in September, producer prices rise
Business|Economy|Finance|Stock Markets

Wall Street opens higher on Fed interest rate-cut expectations

Wall Street's main indexes opened higher on Monday, buoyed by expectations of an imminent Federal Reserve interest rate cut in December, while investors were also combing for fresh data to

Wall Street opens higher on Fed interest rate-cut expectations
Business|Economy|Finance|World

Companies tone down price hike talk as tariff fog clears

Fewer global companies signaled price hikes in the third quarter, pointing to a change in tack as U.S. trade deals facilitate clearer

Companies tone down price hike talk as tariff fog clears
Business|Economy|Finance|Stock Markets|World

Will the Fed come to the rescue?

What matters in U.S. and global markets today U.S. stocks look set to build on Friday's jump with investor hopes resting on a Fed rate cut materialising in December,

Will the Fed come to the rescue?
Business|Economy|Political|World

Trump faces same reality as Biden: Americans despise higher prices

President Donald Trump campaigned on a pledge to lower consumer prices that skyrocketed during Joe Biden's term, but he is now facing the

Trump faces same reality as Biden: Americans despise higher prices
Business|Economy|Finance|Stock Markets

Fed's Goolsbee uneasy about rate cuts, says nothing wrong with dissenting

Chicago Federal Reserve President Austan Goolsbee on Thursday said he is uneasy about cutting interest rates in the face of too-high inflation that's steady at best and by

Fed's Goolsbee uneasy about rate cuts, says nothing wrong with dissenting
Business|Economy|Finance|Stock Markets|US|World

Morgan Stanley drops call for December Fed rate cut after strong jobs data

Morgan Stanley on Thursday scrapped its forecast that the U.S.

Morgan Stanley drops call for December Fed rate cut after strong jobs data
Business|Economy|Finance|Stock Markets|US|World

US stock futures extend gains on September jobs data

U.S. stock index futures extended gains on Thursday, as investors assessed a stronger-than-expected September jobs report and the Federal Reserve's interest rate outlook.

US stock futures extend gains on September jobs data
Business|Economy|Finance|World

'Stale' September jobs data is mixed news for a divided Fed

The U.S. economy added more jobs than expected in September, but a rise in the unemployment rate and downward revisions to prior months still presented an

'Stale' September jobs data is mixed news for a divided Fed
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US tourism expected to score big with FIFA World Cup

International tourism to the U.S. could get a much-needed boost from the 2026 FIFA World Cup after a sluggish 2025, when visitors stayed away amid unease over President

US tourism expected to score big with FIFA World Cup
Business|Economy|Finance|Stock Markets|US|World

Fed's Waller says weak job market justifies rate cut in December

U.S. firms have begun talking more frequently about layoffs as they plan for weaker demand and possible productivity gains from artificial

Fed's Waller says weak job market justifies rate cut in December
Business|Economy|Finance|Stock Markets|World

European shares slip as caution prevails ahead of critical US data

European shares slipped on Monday, as investors avoided big bets ahead of a long-awaited jobs report from the U.S. that could offer

European shares slip as caution prevails ahead of critical US data
Business|Economy|Finance

Republican state AGs raise concerns about Union Pacific deal for Norfolk Southern

A group of nine Republican state attorneys general on Friday raised competition concerns about Union Pacific's plan to buy smaller rival Norfolk Southern in

Republican state AGs raise concerns about Union Pacific deal for Norfolk Southern
Business|Economy|Finance

The government is back open. Here’s what that means for economic data

The government is back open. Here’s what that means for economic data

The government is back open. Here’s what that means for economic data
Business|Economy|Finance|World

As Fed hawks press their case, traders bet against December cut

As U.S. agencies on Friday began announcing plans for releasing economic data delayed by the government shutdown, a trio of U.S. central bankers reiterated their concerns

As Fed hawks press their case, traders bet against December cut
Business|Economy

Trump administration prepares tariff exemptions in bid to lower food prices, NYT reports

U.S.

Trump administration prepares tariff exemptions in bid to lower food prices, NYT reports
Business|Economy|Finance|Stock Markets|World

Trading Day: Fed hopes melt, stocks sink

Wall Street tumbled and Treasury yields rose on Thursday as expectations of a Federal Reserve interest rate cut next month faded rapidly, while the dollar

Trading Day: Fed hopes melt, stocks sink
Business|Economy|Finance|Stock Markets|Technology

Wall Street tumbles as Nvidia slides, investors fret that Fed may slow rate cuts

Wall Street ended sharply lower on Thursday, with steep losses in Nvidia and other AI heavyweights, as investors scaled back expectations of interest rate cuts due to

Wall Street tumbles as Nvidia slides, investors fret that Fed may slow rate cuts
Business|Economy|World

Wall Street opens lower as markets await data after federal reopening

Wall Street's main indexes opened lower on Thursday, with investors awaiting indications on the U.S. economy and the monetary policy path after President Donald Trump signed a bill ending

Wall Street opens lower as markets await data after federal reopening