Browsing: Economy

The U.S. economy contracted in the first quarter as tariffs caused importers to surge shipments before higher levies took effect.…

Mortgage rates fell for the fourth consecutive week to the lowest level since early May, mortgage buyer Freddie Mac said…

The U.S. housing regulator directed Fannie Mae and Freddie Mac to consider cryptocurrency as an asset for single-family mortgage loan…

The U.S. dollar sank to its lowest level in three years on Thursday following a report that President Donald Trump is…

GE Appliances on Thursday said it would spend $490 million to move the production of most of its washing machines…

The Federal Reserve’s preferred inflation gauge showed that prices ticked slightly higher in May as the central bank waits for…

President Donald Trump said on Friday that the U.S. is terminating all trade discussions with Canada. Trump cited Canada’s digital…

Layoffs of U.S. workers were nearly 50% higher in May than they were a year ago, with reductions attributed to…

German Chancellor Friedrich Merz said President Donald Trump’s tariffs are threatening his economy, adding that he believes free trade and…

The U.S. economy added jobs in May at a slower pace than in the past two months as uncertainty over…