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Business

Fed's Powell repeats warning about tariffs as some GOP senators accuse him of bias

Fed's Powell repeats warning about tariffs as some GOP senators accuse him of bias

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump's sweeping tariffs will likely push up inflation in the coming months, even as some Republican senators suggested the chair was biased against the duties.

Associated Press
Jun 25, 2025
US stocks near their record as oil prices tumble and stocks rally worldwide

Posted Jun 24, 2025

US stocks near their record as oil prices tumble and stocks rally worldwide
Oil prices flip-flop, stocks drift as Wall Street waits for Iran's reaction to US strikes

Posted Jun 23, 2025

Oil prices flip-flop, stocks drift as Wall Street waits for Iran's reaction to US strikes
US unemployment claims remain at historic lows

Posted Jun 18, 2025

US unemployment claims remain at historic lows
Kraft Heinz pulling certain artificial dyes from its US products in 2027

Posted Jun 17, 2025

Kraft Heinz pulling certain artificial dyes from its US products in 2027
Survey shows Republicans and Democrats are deeply divided on what media outlets they trust

Posted Jun 10, 2025

Survey shows Republicans and Democrats are deeply divided on what media outlets they trust
Disney laying off hundreds of employees

Posted Jun 03, 2025

Disney laying off hundreds of employees
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