Browse by Day Archive

US inflation ticks down in February but tariff concerns rise

03/13/2025 9:31pm
U.S. inflation saw an incremental decrease in February, inching down to a 2.8% annual rate, below January's 3% level and a reading lower than most economists were expecting for the second month of the year.

Top Senate Democrat signals party support for spending bill to avert government shutdown

03/13/2025 8:46pm
Top U.S. Senate Democrat Chuck Schumer on Thursday said he would vote to advance a Republican stopgap funding bill, signaling that his party would provide the votes to avert a government shutdown.

Trump uncorks threat of new 200% tariff on EU alcohol

03/13/2025 3:48pm
Following a European Union announcement of new tariffs going into effect on April 1, President Donald Trump upped the ante Thursday, threatening an additional 200% tariff on EU wine and spirits.

Average US rate on a 30-year mortgage edges higher, ending a 7-week slide

03/13/2025 10:41am
The average rate on a 30-year mortgage in the U.S. edged higher this week, ending a seven-week slide that helped ease borrowing costs for home shoppers just in time for the spring homebuying season.

Egg prices continue to hit records as Easter and Passover approach; some relief may come

03/13/2025 6:50am
Some relief may be on its way after egg prices reached a record high in February. The bird flu continues to run rampant while Easter and Passover approaches.