Fitch Ratings has sharply downgraded its global growth forecast for 2025 amid mounting trade tensions. The agency cut its world growth estimate by 0.4 percentage points, trimming U.S. and China ...

Fed's Powell says tariffs put its goals of low inflation and a stable economy in tension. So it will 'wait for greater clarity' before cutting rates ...

JCPenney previously announced eight locations were set to close, but one store will now stay open at least through August.