Inflation-strapped shoppers are becoming ever more skeptical about companies' justfications for price hikes. Pars Sahin on Unsplash, CC BYOver the past few years, consumers have been hit with a steady stream of price hikes on everything from groceries to streaming subscriptions.
President Donald Trump greets a retired UAW autoworker while speaking at the General Motors Milford Proving Ground on July 27, 2026, in Milford, Mich.
Treasury Secretary Scott Bessent accused China for flooding the world with its cheap exports.
The Treasury secretary is also facing pushback on the Trump administration’s trade policies at the global gathering.
The Supreme Court said construction of a White House ballroom can continue. AP Photo/J.
The Treasury Department accused Banque Misr’s branches in the United Arab Emirates of helping Iran. The Emirati central bank promised an examination.
The 2026 revisions by the Bureau of Labor Statistics represent a downward adjustment of just 0.1 percent of the total work force.
Fewer audit and disclosure requirements could reduce costs, but experts say they could also help disguise fraud or financial stress.
To many Americans, the Fed is a big black box, and its decisions remain largely inscrutable. AP Photo/Andrew HarnikThe Federal Reserve – one of the world’s most powerful institutions – affects the U.S. economy in a way that no other part of government can.
A federal investigation and conflict over Israel are preoccupying the United Auto Workers president ahead of a vote that would give him a second term.
