Economy Industry News
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Trump turns focus to the economy with speech in Detroit
President Donald Trump on Tuesday is turning his focus to the economy amid his administration's intense foreign policy push with a speech at the Detroit Economic Club. Trump's remarks come as many Americans remain concerned about high prices. A…
Trump Has Set the Stage for an American Comeback After Biden's Dismal Economy
After a four-year economic bacchanalia, America was left with a cost-of-living crisis. Runaway government spending and overregulation pushed up prices for many essentials at a breakneck pace, like the cost of homeownership doubling. Fortunately…
Trump touts 'defeated' inflation but economy, voters stubborn on prices
President Trump declared inflation “defeated” during a speech at the Detroit Economic Club on Tuesday despite a report earlier that day showing annual price growth of 2.7 percent, putting more pressure on the White House and…
Fears are brewing over an oil-price shock that could rattle markets and the economy
Soaring oil prices. Hot inflation. Turmoil in markets. That was a dire combination the US economy saw in the 1970s, but analysts say that the risks of another oil price shock — a situation where oil prices abruptly surge and set off a domino…
Goldman Sachs breaks down what the doomsayers get wrong about the US economy in 8 charts
American investors are worried. They've been worried for a while now: that a recession is coming, that stock valuations are overheated, and that AI spending is the only thing keeping the economy (and markets) afloat. And if you're in the wealth…
Live updates: Trump speaks about US economy in Detroit
The latest economic data has painted a picture of a US economy that has maintained solid momentum, even as Trump's trade and immigration policies leave big questions about what comes next. Over the three months to last September, the world's…
Live updates: Trump speaks about US economy in Detroit
Federal Reserve chair Jerome Powell and US President Donald Trump have been at odds for years over the central bank's approach to interest rates. The feud has mostly been one-sided, with Trump repeatedly applying public pressure on the Fed to make…
EPA says it will stop calculating the economic savings to health in key air pollution rules
WASHINGTON -- The Environmental Protection Agency says it will stop calculating how much money is saved in health care costs and preventable deaths avoided from air pollution rules that curb two deadly pollutants. The change means the EPA will…
Trump claims victory on US economy despite many Americans' cost of living concerns
Donald Trump claimed victory on the economy after 12 months back in office on Tuesday, declaring it to be the “greatest first year in history” as many Americans express alarm over the cost of living. In a stream-of-consciousness…
Trump Predicts Strong Economic Growth in 2026 During Speech in Detroit
DETROIT—President Trump said the U.S. economy was poised for solid growth this year, pointing to steadying inflation data as he sought to address one of Republicans' biggest vulnerabilities ahead of this year's midterm elections. Traveling…
Why India Will Remain The Fastest Growing Economy In FY26?
After underlying portfolios largely struggled in CY2025, Axis Bank's 'Investment Perspectives' report noted that 'monetary easing and regulatory reforms' will support above-trend growth of 7.5% in FY27. According to IMF expectations, India is…
Audi Car Deliveries Fall as Demand Hit by Geopolitical and Economic Challenges
Audi reported a 2.9% drop in full-year car deliveries as the automaker echoed recent comments from German peers that competition in China and U.S. tariffs hit demand. The brand—part of —said Wednesday that deliveries fell to 1.62…
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Here Are the 'Hazards' Jamie Dimon Thinks Loom Over the U.S. Economy
JPMorgan Chase CEO Jamie Dimon in a statement Tuesday called the U.S. economy 'resilient' but continued to warn of risk factors—including some he called underappreciated by markets. A number of major U.S. banks are set to report their latest…
Heather Larson: How a Chicago Bears move to Arlington Heights will strengthen the entire Chicagoland economy
Getting your Trinity Audio player ready... Across Chicago's northwest suburbs and the greater region, business owners, hospitality leaders and civic organizations share a common goal: building an economy that grows responsibly, creates jobs and…
Revealed: The global airline with the best economy seats
Looking for more legroom when you fly? The global airline with the best economy seats in the world has just been revealed. For the sixth consecutive year, Skytrax 's annual airline awards crowned Japan Airlines (JA) as king of the standard seat.
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