“The U.S. labor market is steadily losing steam as evidenced by the staggering downward revisions and a declining labor force participation rate,” Bullard added. This slowdown should feed through to hiring and business investment activity, and lead to soft, yet still positive, GDP growth in the second half of the year.”

Hassett's statements during his interview appearance on NBC News' Meet the Press shows that the White House intends to hold steady on its tariffs even as economic data raises concerns about the impact they may have on growth, prices, and job creation as well as lasting consequences for global trade.

After Canada failed to strike a trade deal with Washington, the president raised tariffs on some Canadian exports this week.

We’ve all been there, in the middle of an objectively bad outcome, and had the same knee-jerk reaction: Blame someone else! Your team lost the big game? Ah, but the refs were clearly biased, and the coach should have taken a time out earlier,

Ukrainian President Volodymyr Zelenskyy's top adviser urged the U.S. to "strangle" Russia's economy by imposing secondary sanctions on Moscow's trading partners.

The coming week could bring an important moment in the war between Russia and Ukraine, as President Trump’s deadline for the Kremlin to reach a peace deal approaches — or it could simply melt away. Trump’s special envoy Steve Witkoff was expected in Moscow in the middle of this week,

President Trump is rattling the U.S.’s formidable nuclear saber amid his growing frustration with Russian President Vladimir Putin’s refusal to halt the war in Ukraine, just days ahead of Trump’s deadline for a ceasefire.