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Categories Economy

A flagging U.S. industry looks for new life in a Philadelphia shipyard

July 19, 2025

The U.S. shipbuilding industry is looking for help. A South Korean company is answering the call. Hanwha Philly Shipyard CEO David Kim, nodding

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Categories Economy

Trump says it’s ‘highly unlikely’ he will fire Fed Chair after broaching idea with GOP reps

July 18, 2025

President Donald Trump said Wednesday it was ‘highly unlikely’ he would fire Jerome Powell as chair of the Federal Reserve. His statements, made

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Categories Economy

Inflation picks up again in June as tariffs slowly work their way through U.S. economy

July 17, 2025

Consumer prices rose in June as President Donald Trump’s tariffs began to slowly work their way through the U.S. economy. The consumer price

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Categories Economy

Jerome Powell asks inspector general to review Fed’s $2.5B renovation project

July 16, 2025

The Federal Reserve has brought in its inspector general to review a building expansion that has drawn fire from the White House,

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Categories Economy

Some Walmart garment orders from Bangladesh on hold due to U.S. tariff threat

July 14, 2025

LONDON/NEW YORK, July 11 (Reuters) – Suppliers to Walmart WMT.N have delayed or put on hold some orders from garment manufacturers in

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Categories Economy

Trump’s tariffs on Brazil could make your coffee even more expensive

July 12, 2025

President Donald Trump’s proposed 50% tariff on Brazilian imports is bad news for coffee drinkers. Brazil, the largest U.S. supplier of green coffee

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Categories Economy

Italian chocolate giant Ferrero to buy Kellogg’s Froot Loops maker

July 11, 2025

What’s “Froot Loops” in Italian? The European confectionary company Ferrero has agreed to buy WK Kellogg Co., the manufacturer of iconic American cereals,

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Categories Economy

White House accuses Powell of mismanaging Federal Reserve, citing headquarters renovation

July 11, 2025

President Donald Trump’s budget chief on Thursday said that Federal Reserve Chairman Jerome Powell “has grossly mismanaged the Fed” and suggested he

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Categories Economy

Amazon extends Prime Day discounts to 4 days as retailers weigh tariffs and price increases

July 10, 2025

Amazon is extending its annual Prime Day sales and offering new membership perks to Gen Z shoppers amid tariff-related price worries and

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Categories Economy

Boeing delivers most airplanes since late 2023 after ramping up 737 Max output

July 9, 2025

Boeing delivered 60 airplanes last month, the most since December 2023, as the plane maker seeks to raise production of its bestselling

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