Rising gasoline prices are widening the economic gap between wealthy and lower-income Americans, according to research from the Federal Reserve Bank of New York. The study found that the latest gas price…
President Donald Trump has nominated University of Minnesota economist Christopher Phelan to serve as his chief economic adviser, filling a key White House vacancy at a moment when economic policy is under…
Federal Reserve Chair Jerome Powell said the U.S. central bank is in a position to wait and watch how the expanding Iran war affects inflation and the broader economy, signaling that policymakers…
The U.S. trade deficit narrowed sharply in January as exports surged to a record high and imports edged lower, a shift that—if sustained—could make trade a positive contributor to economic growth in…
Thousands gather downtown in sub-zero temperatures as hundreds of Minnesota businesses close in a statewide “ICE Out” protest and strike against federal immigration enforcement and the expanded ICE operations in Minneapolis, Minnesota,…
A new Washington Post–ABC News–Ipsos survey finds that many Americans feel they can cover today’s basics but still can’t reach the milestones that define “getting ahead”—especially buying a home and purchasing a…
The International Monetary Fund delivered a mixed but pointed message about the U.S. economy: the near-term growth outlook remains resilient, yet Washington’s fiscal deficits are large enough to threaten long-run stability and…
The Wall Street Journal’s year-one snapshot of President Trump’s second-term economy paints a picture of uneven performance: some headline indicators look stable or even strong, but several underlying pressures—especially jobs, housing, and…
FILE PHOTO: Kevin Hassett, director of the National Economic Council, speaks to the media outside the White House in Washington, D.C., U.S., December 16, 2025. REUTERS/Evelyn Hockstein/File Photo A political clash is…
U.S. manufacturing activity showed a noticeable pulse of life in January, with factory production posting its largest monthly gain in 11 months—a result that offers some optimism for a sector that has…
