Breaking News: Economy

Consumer spending was stronger than expected in March as demand remained high despite declining sentiment, the Commerce Department reported Wednesday.The advanced estimate of retail sales showed an increase of 1.4% on the month, better…

Sen. Elizabeth Warren, D-Mass., warned Thursday that U.S. markets will "crash" if Federal Reserve Chairman Jerome Powell can be fired by President Donald Trump.The comment from Warren, a frequent Powell critic, on CNBC's "Squawk on the…

A guest wears white shirt, brown pants, brown suede jacket and brown Hermes bag with a green and white silk neck scarf outside the Hermes fashion show during the Womenswear Fall/Winter 2025/2026 as part of Paris Fashion Week on March 08,…

Shipping containers, including one of China Shipping, lie on flatbed railway cars as dock cranes stand behind at Hamburg Port on April 15, 2025 in Hamburg, Germany.Sean Gallup | Getty Images News | Getty ImagesU.S. Customs and Border…

Dilara Irem Sancar | Anadolu | Getty ImagesChina last week announced it was done retaliating against U.S. President Donald Trump's tariffs, saying any further increases by the U.S. would be a "joke," and Beijing would "ignore"…

US President Donald Trump and First Lady Melania Trump are greeted by California Governor Gavin Newson upon arrival at Los Angeles International Airport in Los Angeles, California, on Jan. 24, 2025, to visit the region devastated by the…

FILE PHOTO: The American flag flutters at a Nissan automobile dealership in Irvine, California, U.S., March 27, 2025. Mike Blake | ReutersNissan Motor's new Americas leader said the automaker is aiming to "max out" production at its…

U.S. President Donald Trump arrives for a presentation of the Commander-in-Chief trophy to the U.S. Navy Midshipmen football team of the United States Naval Academy, at the White House in Washington, D.C., U.S., April 15, 2025. Evelyn…

U.S. Sen. Bernie Sanders (I-Vt) And Rep. Alexandria Ocasio-Cortez (D-Ny) Hold Hands During A Stop On Their 'Fighting Oligarchy' Tour At Grand Park On April 12, 2025 In Los Angeles, California. Sam Ghazi | Afp | Getty ImagesRep.…

A United Airlines Boeing 767 passenger aircraft approaches Newark Liberty International Airport as trucks travel near the Port Jersey Container Terminal in Jersey City, New Jersey, on April 8, 2025.Charly Triballeau | Afp | Getty…