President Trump said it was "highly unlikely" he would fire Jerome Powell, but also said he discussed the idea with Republican lawmakers who expressed support.
Seesawing tariffs and turbulent financial markets are playing out on social media feeds, impacting the multibillion-dollar influencer industry in what could be a new recession indicator.
The Senate voted yesterday to advance debate on a package to claw back funds allocated for public broadcasting and foreign aid. And, a report shows inflation increased in June.
In this season of Planet Money Summer School, our free economics course for your ears is tackling the biggest economic player of them all: the government.
The private crew included Ax-4 mission commander and former NASA astronaut Peggy Whitson. It was her fifth trip to space and extended her record-setting duration to 695 days, the most of any American.
In states without policies to drive renewable energy, power prices could surge as federal tax incentives for clean energy disappear, according to Energy Innovation, a think tank.
The Fed's $2.5 billion headquarters renovation is attracting mounting criticism from the Trump administration, which had been already attacking the central bank for not cutting interest rates.
Nobel Prize-winning economist Paul Krugman believes tariffs President Trump has threatened to impose on countries, including Mexico and Brazil, are here to stay and will cost U.S. consumers.
The case, which stems from a deadly crash in 2019, raises broader questions about the safety of Tesla's driver-assistance systems and whether the company has exaggerated their capabilities.
Trump will meet with NATO's secretary-general to discuss the Russia-Ukraine war as his frustrations grow over the conflict. And, the president says the European Union and Mexico will face 30% tariffs.
Recent college graduates are facing one of the most challenging job markets in years — with the exception of the pandemic period — even as the overall unemployment rate remains low.
