News

It's a ‘low firing, low hiring’ job market, economist says: Here's how to land a new gig anyway

Companies are hesitant to lay people off, but are hiring at their slowest pace since 2014. Here's how job seekers can succeed in the current job market.

Billionaire Ken Griffin calls tariffs a 'painfully regressive tax,' hitting working class Americans the hardest

The Wall Street titan said there is a "modest" risk of stagflation as tariffs create inflationary pressures and slow down the economy.

Fed holds rates steady as it notes rising uncertainty and stagflation risk

The Federal Reserve on Wednesday held its key interest rate unchanged as it awaits fluctuations in trade policy and the direction of a sputtering economy.

Here's what changed in the new Fed statement

This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in March.

Banks are keeping credit card rates high even after the CFPB rule they blamed for high APRs was killed

Retail cards hit a record high average interest rate of 30.5% last year, and rates have stayed close to those levels this year.

The Fed meets with uncertainty permeating the air. Here's what to expect

Central bank policymakers can do little for now except sit and wait as events unfold.

Trump downplays tariff talks: 'We don't have to sign deals'

U.S. markets moved lower Tuesday after Trump's comments on trade deals.

Paul Tudor Jones says stock market will hit new lows even if Trump cuts China tariffs to 50%

The widely followed investor believes stocks haven't found a bottom as macroeconomic conditions continue to deteriorate.

Airfare, produce and TVs: Which prices are falling for consumers

Americans are seeing prices fall in certain pockets of the U.S. economy.

Berkshire Hathaway shares dip nearly 3% after shocking Buffett exit and an earnings decline

Investors are processing Warren Buffett's surprise announcement to step down and envision a new path for the conglomerate after his legendary 60-year run.

Warren Buffett to ask board to make Greg Abel CEO of Berkshire Hathaway at year-end

Buffett said he would still hang around with company.

Warren Buffett knocks tariffs and protectionism: 'Trade should not be a weapon'

"Trade should not be a weapon," Buffett said. "The United States won. We have become an incredibly important country, starting from nothing 250 years ago."
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