Why the Fed’s Waiting Game on Rate Cuts Could Extend Until September

Economists have shifted back their forecasts for lower borrowing costs as President Trump’s tariffs raised the risk of higher inflation and slower growth. Read More

Higher prices or higher unemployment? The economy could face a no-win dilemma

Trump again slammed Federal Reserve Chair Jerome Powell after the central bank held interest rates steady as it tries to navigate fallout from White House trade policies. Read More

Forbes Recession Tracker: Apollo Says 90% Chance Of ‘Voluntary’ Recession Heavily Impacting Small Businesses

Fears of a sharp economic downturn ... Torsten Slok, the chief economist at asset management titan Apollo Global Management, wrote this weekend he believes there’s a 90% probability the U.S ... Read More

Fed chair Powell says 'economy is doing fine' despite declining consumer sentiment

Federal Reserve Chair Jerome Powell on May 7 said "the economy is doing fine" during a news conference after the Federal Open Market Committee announced it would keep its key rate steady at 4.25% to 4 ... Read More

Economic Concerns Are Mounting, but the Fed Isn’t Cutting Rates Proactively

The U.S. central bank is set to reinforce its wait-and-see approach at its meeting this week as President Trump’s tariffs begin to bite. Read More

Fed keeps interest rates steady amid concerns on tariffs’ economic risks

The Fed is expected to leave interest rates unchanged Wednesday, choosing caution as President Trump’s trade upheaval rattles markets and clouds the outlook for inflation and growth. Read More

Fed sees rising risks to economy as it leaves rates unchanged

Instacart head Fidji Simo will step down to join OpenAI as its chief of applications, CEO and co-founder Sam Altman said on Thursday, adding she will report to him and that he will remain head of the ... Read More