Powell didn’t mince words when discussing the current state of inflation, saying higher tariff rates are already pushing up prices of some goods. “The effects of tariffs on consumer prices are now clearly visible,

Jerome Powell, the Federal Reserve chair, is managing a high-stakes balancing act as he grapples with a cooling labor market, rising inflation and White House pressure to cut interest rates.

Business has never been this slow for Jovan Richards, who sells shirts, hats and souvenirs emblazoned with the likeness of the nation’s capital.

Polls show voters are growing restless with Friedrich Merz, raising pressure on the chancellor to deliver on the domestic stage.

Worker productivity rose significantly in the second quarter, indicating that Americans' standards of living should be on the rise.

Mexico's economy grew 0.6% in the second quarter from the previous three-month period, national statistics agency INEGI said on Friday.

Amid budget constraints, leaders face a choice: cut blindly or invest with precision in the programs that matter most.

Denmark’s economy rebounded in the second quarter, as the strength of the broader pharmaceuticals industry helped to outweigh the impact of weaker sales of Novo Nordisk A/S’s blockbuster weight-loss drugs.

Taiwan's economy minister said on Friday he had resigned for health reasons, ahead of a widely expected cabinet reshuffle as the government faces domestic challenges including trying to work with an opposition-dominated legislature.