Trump administration, Musk’s DOGE plan to fire nearly all CFPB staff and wind down agency, employees say
Employees testified that CFPB leaders and Elon Musk's DOGE want to wind down the agency to five employees, the minimum…
Category: Economy
The first quarter is on track for negative GDP growth, Atlanta Fed indicator says
The central bank's GDPNow tracker of incoming metrics is indicating that gross domestic product is on pace to shrink by…
Full Video: Trump-Zelenskyy Oval Office meeting explodes into shouting match
President Donald Trump and Vice President JD Vance argued with Ukraine President Volodymyr Zelenskyy, with Vance accusing Zelenskyy of disrespect.…
FDA cancels vaccine advisory meeting for choosing flu strains for next season’s shots
It comes as RFK Jr., a vaccine skeptic who now leads the Department of Health and Human Services, makes moves…
The Federal Reserve’s favorite recession indicator is flashing a danger sign again
The 10-year yield fell below that of the 3-month note, marking an "inverted yield curve" that has a sterling recession…
Salesforce misses on revenue, issues disappointing guidance
Salesforce missed analysts' expectations for quarterly revenue in its top two categories. ...
Trump threatens to slap 25% tariffs on EU, says bloc was always meant to hurt the U.S.
U.S. President Donald Trump threatened to impose 25% tariffs on imports from the European Union, claiming that the bloc was formed…
Nvidia’s auto segment revenue surges to record high on demand for driver-assist tech
U.S. chipmaker Nvidia's auto segment revenue doubled in the latest quarter to its highest on record as demand for driver-assist…
Democrat senators question what Elon Musk plans to do with sensitive CFPB data
Lawmakers questioned whether Elon Musk was conflicted in his moves to dismantle the CFPB, highlighting his recent plan to launch…