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2025-05-07 23:08:27| Chicago Tribune news - Business

The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trumps demands to lower borrowing costs, and said that the risks of both higher unemployment and higher inflation have risen, an unusual combination that puts the central bank in a difficult spot.

Category: News and Media
 

2025-05-07 23:03:42| BBC News | Business | World Edition

The Federal Reserve said Trump's barrage of tariffs were generating too much uncertainty to predict its next moves.

Category: News and Media
 

2025-05-07 21:55:54| Chicago Tribune news - Business

The policy to use city cash to help finance housing construction could set an example for other locales seeking to build affordable homes amid waning federal support.

Category: News and Media
 

2025-05-07 21:10:32| Chicago Tribune news - Business

Despite the headquarters moving, AAA20 kept its facility in Chicago, as well as a showroom in Silicon Valley.

Category: News and Media
 

2025-05-07 20:44:05| BBC News | Business | World Edition

The firm is struggling with debt and tough competition from weight-loss drugs.

Category: News and Media
 

2025-05-07 20:39:37| BBC News | Business | World Edition

The rate decision is the Federal Reserve's first since last month's tariff-related turmoil.

Category: News and Media
 

2025-05-07 19:28:47| Chicago Tribune news - Business

Analysts have warned that automakers won't be able to absorb all of the costs created by tariffs, and it will result in price increases for U.S. consumers.

Category: News and Media
 

2025-05-07 19:23:10| BBC News | Business | World Edition

The firm is struggling with debt and tough competition from weight-loss drugs.

Category: News and Media
 

2025-05-07 19:17:55| Chicago Tribune news - Business

About 950 workers will be out of work during the shutdowns, Cleveland Cliffs said.

Category: News and Media
 

2025-05-07 18:00:26| BBC News | Business | World Edition

The move is aimed at combatting driver shortages which cause the majority of disruption to rail services.

Category: News and Media
 

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