Politics
Republican senator calls for investigation into Donald Trump's DOJ
The news cycle is loud. Algorithms push us to extremes. In the middle—where facts, ideas and progress live—there's a void. At Newsweek, we…
Tag
interest rates
Politics
Japan premier's advisers will speak at business event before BOJ meeting
TOKYO (Reuters) -Reflationist advisers of Japan's new prime minister Sanae Takaichi will speak on a panel hosted by Keidanren on December…
Business
Australian job ads steady in August, ANZ-Indeed data shows
SYDNEY (Reuters) -Australian job advertisements were steady in August, highlighting a still resilient labour market amid lower interest…
Business
As Fed Holds Rates Steady, Powell Says Next Step Is ‘Not at All Clear’
The Federal Reserve left interest rates unchanged on Wednesday for a third meeting in a row, as officials pointed to heightened…
Business
Fed maintains interest rates but warns of 'uncertainty' amid tariff turmoil
By Gabe Whisnant is a Breaking News Editor at Newsweek based in North Carolina. Prior to joining Newsweek in 2023, he directed daily…
Business
China Cuts Interest Rates to Shore Up Economy Hit by Trade War
China’s central bank cut interest rates and made it easier on Wednesday for banks to increase lending and pump more money into the…
Business
Solid Jobs Report Reinforces Fed’s Patient Approach to Interest Rate Cuts
A solid labor market has for months given the Federal Reserve comfort that it could hold off on interest rate cuts until it had more…
Business
After weeks of volatile trading, Friday’s report could set the tone on Wall Street.
May 2, 2025, 6:01 a.m. ET Traders at the New York Stock Exchange on Thursday.Credit...Richard Drew/Associated Press Investors will be…
Business
Will Cars, Phones and Other Goods Be Too Big to Tariff?
A dovish shift Stocks are on a three-day winning streak as investors cheer cooling trade-war tensions. Another boost has come from the Fed…
Business
US Dollar Keeps Falling as Trump’s Tariffs Rattle Investors
The U.S. dollar extended its slide against other major currencies on Monday, the latest sign that investors may be starting to shun what…
Business
Trump’s Trade War Raises Bar for Fed Rate Cuts
President Trump’s global trade war has significantly raised the bar for the Federal Reserve to lower interest rates, as tariffs risk…
Politics
Powell Warns Trump’s Tariffs Risk Stoking Even Higher Inflation and Slower Growth
Jerome H. Powell, the chair of the Federal Reserve, warned that President Trump’s tariffs risk stoking even higher inflation and slower…
Politics
As Trump Stokes Uncertainty, the Fed Asks Businesses Where It Hurts
Chris Bergen, who runs a commercial greenhouse business in northern Minnesota, finds himself “walking a tightrope” roughly two months into…
Politics
Trump Tests Fed’s Independence With Order Expanding Authority Over Agencies
The Federal Reserve’s independence from the White House has long been enshrined in the law. But an executive order that President Trump…
Business
Interest Rate Cuts on Hold Till Inflation Improves, Fed Meeting Minutes Show
The Federal Reserve pressed pause on interest rate cuts last month. The minutes from its January meeting suggest the hiatus is likely to…
Politics
Can the Federal Reserve Look Past Trump’s Tariffs?
As President Trump’s efforts to restructure the global trade system with expansive tariffs begin to take shape, one question continues to…
Business
Hot Inflation Raises Stakes of Trump’s Tariffs
Hot inflation has raised the stakes of President Trump’s plans to escalate his use of tariffs on the country’s biggest trading partners,…
Business
Britain’s Economy Squeezes Out 0.1% Growth
The British economy eked out growth at the end of last year, data published on Thursday showed, slightly easing the pressure on the…
Business
Most economists expect BOJ to hike rates in latter half of 2025, survey shows
TOKYO (Reuters) - Most economists expect the Bank of Japan to raise short-term interest rates again in the latter half of this year, a…
Business
CPI Report: Inflation Rose Unexpectedly in January
U.S. inflation rose to 3 percent in January, strengthening the case for the Federal Reserve to extend a pause on interest rate cuts. The…
News
Fed Chair Faces Lawmakers at a Critical Juncture
When Jerome H. Powell, chair of the Federal Reserve, last testified in front of Congress in July, he hailed the “considerable progress”…
Culture
How to Pay Off Credit Card Debt
Ms. Harris suggests that her clients try “Frugal February” — avoiding discretionary spending and impulse purchases, and putting the money…
Business
Jobs Report Live Updates: Labor Market Expected to Be Strong
Less than six months ago, Federal Reserve officials were wringing their hands about the state of the labor market. No major cracks had…
Business
Solid Labor Market Gives Fed Cover to Extend Rate Pause
Less than six months ago, Federal Reserve officials were wringing their hands about the state of the labor market. No major cracks had…