The US Federal Reserve has warned that American consumers may face higher prices if President Donald Trump proceeds with his proposed tariffs. According to minutes from the Federal […]
Economy
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Troubled electric vehicle maker Nikola files for bankruptcy protection
Electric vehicle manufacturer Nikola has filed for Chapter 11 bankruptcy protection after warning it might deplete its cash reserves early this year. Once a high-flying startup, Nikola faced […]
Economy
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Fed minutes show inflation concern about Trump immigration, trade policies
The Federal Reserve has expressed concerns over the impact of tariffs on inflation, as revealed in the latest meeting minutes. Officials are worried that tariffs could lead to […]
Economy
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Fed officials are worried about tariffs’ impact on inflation and see rate cuts on hold, minutes show
Federal Reserve officials in January agreed they would need to see inflation come down more before lowering interest rates further. Concerns were raised about the impact of President […]
Economy
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Fed Minutes Show Inflation Concerns Delaying Rate Cuts
Federal Reserve officials have expressed concerns about the risks of higher inflation, which has led to a cautious approach regarding further rate cuts. According to the minutes from […]
Economy
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Fed Minutes: Trade and immigration pose risks to inflation
At last month’s meeting, Fed officials debated whether it might be wise to slow or even pause the reduction of their balance sheet holdings, given renewed concerns over […]
Economy
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Trump acknowledges ‘inflation is back’ but blames Biden
In a Fox News interview, former President Donald Trump acknowledged the resurgence of inflation but attributed the blame to the Biden administration’s spending. Consumer prices rose significantly last […]
Economy
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Delta CEO says flight crew on Toronto plane that crashed was experienced
Delta’s CEO, Ed Bastian, stated in an interview with “CBS Mornings” that the crew of the Endeavor Air subsidiary involved in Monday’s crash in Toronto was experienced with […]
Economy
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Trump Criticizes Musk Over Potential India Factory Plans
Former President Donald Trump criticized Elon Musk over the prospect of Tesla building a factory in India, citing unfair trade practices. During Prime Minister Narendra Modi’s recent U.S. […]
Economy
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UnitedHealthcare Offers Buyouts to Employees Amid Cost-Cutting Measures
UnitedHealthcare is providing certain employees within its benefits operations unit the option to accept buyouts if they resign by March 3, following a challenging year for the insurance […]