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Fed's Williams expects Trump tariffs to drag GDP growth 'below 1%' and boost inflation as high as 4%
New York Fed president John Williams on Friday said he lowered his outlook for the US economy and raised his expectation for inflation this year on account of President Trump’s tariffs.
Earnings were $14.6 billion, or $5.07 a share, for the three months ended March 31. That compares with $13.4 billion a year earlier.
The closely watched University of Michigan index hit its second-lowest reading on record, dragged down by fears of higher ...
Jamie Dimon cited “sticky inflation, high fiscal deficits and still rather high asset prices and volatility” in his remarks.
New York Federal Reserve President John Williams said on Friday the Trump administration's current trade policies will ...
A post on X from the official DOGE account highlighting Elon Musk's brainchild was able to accomplish a simple task in just over an ...
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The Social Security Administration has entered the names of over 6,300 mostly Latino immigrants into a database that tracks ...
SpaceX CEO Elon Musk celebrated the cost-saving success at a Cabinet meeting Thursday, despite the $150 billion figure being ...
DOGE said Thursday that millions of dollars in unemployment claims have gone to “fake people” who aren’t even born yet — some ...
Elon Musk delivered an update on government fraud and waste to President Donald Trump at a cabinet meeting on Thursday. ELON ...
The Department of Government Efficiency shared several examples of alleged unemployment fraud on its X account Thursday, the latest in its string of examples since President Donald Trump took office.
Tariffs, government layoffs, and federal spending cuts have created economic uncertainty and heightened risk, economist Joel ...
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