News

OECD slashes UK growth forecast amid trade tensions and fiscal pressures
OECD cuts UK growth forecast to 1% for 2026 amid trade tensions and fiscal pressures. Learn about the economic challenges and ...
Trade war poses greater threat than COVID for emerging market central banks: IMF
IMF warns trade war poses a greater threat than COVID to emerging market central banks, with uneven impacts and complex ...
Uncertainty looms over ODU economic forecast for region
Two experts on the economy are trying to see their way through murky indicators as they lay out their forecast for Hampton Roads. Old Dominion University ...
Employers add a solid 139,000 jobs in May, though hiring slows as some potential weaknesses appear
U.S. employers slowed hiring last month, but still added a solid 139,000 jobs amid uncertainty over Trump’s trade wars ...
Trump feared a fight with Musk could undermine his signature bill. Then their feud erupted
The staggering and exceedingly public rupture in the world’s most consequential and unprecedented partnership was a long time coming. But the surreal state of suspended animation that consumed ...
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Wall Street gains ground following a solid jobs report and marks another winning week
Stocks rose on Wall Street following a better-than-expected report on the U.S. job market. The S&P 500 climbed 1% Friday, ...
The economic impact of tariffs: How local businesses can plan ahead
Square provides information on the ins and outs of what tariffs are, their potential impact on small businesses, and how to ...
Fed: The Economy Is Slowing As 'Companies Can’t Figure Out the Rules of This Tariff Game'
Around the country, business and community leaders are still holding their breath, waiting for another tariff-related shoe to ...
Trump tariffs would cut deficits by $2.8 trillion and shrink the economy, CBO says
President Trump's sweeping tariff plan would cut deficits by $2.8 trillion over 10 years while shrinking the economy, the nonpartisan Congressional Budget Office said.
US economic activity declines as tariffs pressure prices, Fed says
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
CBO says Trump's tariffs will shrink the economy and add to inflation but reduce the deficit
Nonpartisan Congressional Budget Office estimates that Trump’s tariffs would shrink the economy and add to inflation while reducing the federal deficit by $2.8 trillion.