The Strip, The Sphere and full replica of the Eiffel Tower in daytimeStrekoza2 | Istock Editorial | Getty ImagesA sparsely-populated state known for its world-class casinos and dry desert climate has been a bright spot in the tepid U.S. job market.Nevada's workforce grew 1.9% from April 2025 to 2026, the...
Category: Economy
Here are the five big takeaways from Kevin Warsh’s first meeting as Fed chairman
The Federal Reserve and Chairman Kevin Warsh on Wednesday followed the script on interest rates closely, voting to keep the benchmark level steady, but dropped several surprises that kept markets guessing about where things are heading. Markets didn't like it, with major averages swooning after the meeting and as Warsh...
UK economy shrank 0.1% in April as Iran conflict weighed on growth
Commuters on April 20, 2026 in London, United Kingdom.Rasid Necati Aslim | Anadolu | Getty ImagesThe U.K. economy shrank by 0.1% in the month to April, figures published on Friday showed, as the impacts of the Iran war continue to hamper growth. A 0.2% contraction in services activity was cited...
Consumer prices rose 4.2% annually in May, highest in three years
Inflation accelerated in May as rising energy costs contributed to pain for consumers, though underlying pressures were less intense.The consumer price index, a broad gauge of goods and services costs across the U.S. economy, rose at a seasonally adjusted 0.5% for the month, putting the annual inflation rate at 4.2%,...
U.S. proposes fresh tariffs on 60 economies over forced labor trade practices
People watch as the Doris Ocean container ship departs from the Port of Los Angeles on May 28, 2026 in Los Angeles, California. Mario Tama | Getty ImagesThe Office of the U.S. Trade Representative has proposed additional tariffs of up to 12.5% on imports from 60 economies over their failure...