A federal judge on Monday blocked billionaire Elon Musk’s Department of Government Efficiency from accessing people’s private data at the Education Department, the Treasury Department and the Office of Personnel Management.... Read More
U.S. jobless claims filings rose by 2,000 to 223,000 for the week ending March 15, the Labor Department said Thursday. That’s just less than the 224,000 new applications analysts forecast.... Read More
The Federal Reserve kept its benchmark interest rate unchanged Wednesday and signaled that it still expects to cut rates twice this year, though it said the outlook is more uncertain.... Read More
A federal judge ruled Tuesday that the dismantling of the U.S. Agency for International Development likely violated the Constitution and blocked billionaire Elon Musk’s Department of Government Efficiency from further cuts to the agency.... Read More
Retail sales rose just 0.2% in February, a small rebound after a sharp drop of 1.2% in January, the Commerce Department said Monday. ... Read More
Former Transportation Secretary Pete Buttigieg announced that he will not seek an open U.S. Senate seat in Michigan, a move that leaves the door wide open for the former South Bend mayor to seek a much bigger role as his party’s next presidential nominee.... Read More
The Labor Department reported Thursday that its producer price index — which tracks inflation before it reaches consumers — was unchanged from January after rising 0.6% the month before. ... Read More
Canada, the largest steel supplier to the U.S., said Wednesday it will place 25% reciprocal tariffs on steel products and also raise taxes on a host of items: tools, computers and servers, display monitors, sports equipment, and cast-iron products.... Read More
Trump said on social media that the increase of the tariffs set to take effect on Wednesday is a response to the price increases that the provincial government of Ontario put on electricity sold to the United States.... Read More
Economists don't expect Trump's federal layoffs to have much of an impact until the March jobs report.... Read More
