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Mike Hockett
Feb 9, 2018
Id 27986 Oile
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Federal Reserve Board Chairman Jerome Powell during a news conference at the Federal Reserve in Washington, June 18, 2025.
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April 2025 U.S. Cutting Tool Orders Total $212.8M, Up 2.7% from March
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April 2025 U.S. Cutting Tool Orders Total $212.8M, Up 2.7% from March
Year-to-date shipments totaled $818.3 million, a drop of 5.1% from the same period in 2024.
June 18, 2025
A 'Tariff Free' sign at an automobile dealership in Totowa, N.J., April 30, 2025.
Economy
Retail Sales Slide After a Spring Spending Surge to Beat Tariffs
The sales drop is hitting after sharp declines in consumer confidence this year.
June 17, 2025
Federal Reserve Chairman Jerome Powell after speaking at the 75th anniversary conference of the Federal Reserve Board's International Finance Division, Washington, June 2, 2025.
Economy
Fed Officials in Limbo as Tariffs Complicate Rate Decision
Policymakers are expected to keep the key interest rate unchanged.
June 17, 2025
President Donald Trump drops papers as he meets with Britain's Prime Minister Keir Starmer on the sidelines of the G7 Summit, Monday, June 16, 2025, in Kananaskis, Canada.
Economy
U.S., UK Strike Trade Deal on Auto, Aerospace Tariffs
How to handle steel production remains unresolved.
June 17, 2025
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Tariffs Tank U.S. Manufacturing Outlook While China Grows, Report Says
"Tariffs have put a damper on what was expected to be a good year for global manufacturing."
June 16, 2025
Screenshot 2025 03 21 At 9 04 25 Am 67dd720424d62
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Rubix Launches ‘Uptime Index’ Manufacturing Indicator
The European distribution giant said that the index helps measure the industry’s “oxygen.”
June 13, 2025
A shopper passes by the display of cartons of eggs in a Walmart store, Feb. 7, 2025, Englewood, Colo.
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Producer Prices Rise a Modest 2.6% in May
The readings were slightly lower than economists had forecast.
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President Trump walks down the stairs of Air Force One upon his arrival at Joint Base Andrews, Md., June 10, 2025.
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Court Allows Collection of Tariffs as Challenges Continue
The court added that it would expedite the case and hear arguments late next month.
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Inflation Rose Slightly Last Month as Grocery Prices Ticked Higher
Core prices rose 2.8% for the third straight month.
June 11, 2025
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Machinery Orders Continue Upswing Despite Typical April Decline
Some of the strong demand could be attributed to "front-running the coming tariffs on imported goods."
June 9, 2025
A 'Tariff Free' sign displayed at a car dealership in Totowa, N.J., April 30, 2025.
Economy
Trump's Tariffs Would Cut Deficits but Shrink the Economy, CBO Says
The estimates largely confirmed what other economic models have predicted.
June 5, 2025
The entrance to the Labor Department near the Capitol in Washington, May 7, 2020.
Economy
Inflation Data Threatened by Government Hiring Freeze
The Bureau of Labor Statistics said it is “reducing sample in areas across the country.”
June 5, 2025
U.S. Steel's Edgar Thomson Plant, Braddock, Pa., April 11, 2025.
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U.S. Growth Likely to Slow to 1.6% This Year, OECD Says
The group also expects the world's largest economy to slow further next year.
June 4, 2025
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Manufacturing PMI Contracts Again in May
The index came in below 50% for the third consecutive month.
June 3, 2025