Economy
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The latest updates on our changing economy.
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Alan Greenspan, economist and longtime head of the Federal Reserve, dies at 100
The influential economist helped shape modern American capitalism from the final years of the Cold War era through the dawn of the digital age. 
Cuba
Cuba pushes through sweeping free-market reforms in biggest economic shift since the revolution
The 176 measures aim to further decentralize Cuba’s state-run economy, which has been left gasping by a tightened embargo under President Donald Trump. 
Cheaper borrowing costs are out of reach for now. Trump’s Fed chair wants to change that.
Interest rates are likely to stay high for the next few months — but could start coming down by the end of the year.
Politics News
Americans see a huge divide between haves and have-nots, new poll shows
A national NBC News poll finds 81% of Americans say there is more that divides than unites the wealthy and ordinary working people.
FORSUBSCRIBERS
Trump’s new Fed chair is confirming some of Wall Street’s fears
Kevin Warsh declined to submit a “dot,” shorthand for projections about interest rates, in an unprecedented move that could reshape the central bank. 
Fed holds interest rates steady as Trump’s new chairman faces fresh inflation woes
Kevin Warsh was the only committee member who didn’t submit an economic projection. “For me it’s not helpful,” he said.
The inflation surge is hitting businesses, too
The producer price index rose at its fastest rate since 2022, adding to worries that higher energy costs tied to the war with Iran are mounting.
Trump says ‘I love the inflation’ as annual rate jumps to a 3-year high
The president suggested the recent numbers mean there will be a bigger decline in inflation once the war in Iran is over.
Trump says Fed chair should ‘do whatever he wants’ but criticizes possible rate hikes
The president argued that higher rates would effectively punish the country.
Fact-checking Trump’s interview with NBC News’ ‘Meet the Press’
Digging into some of the president’s claims about the Iran war, the Jan. 6 riots, California’s primary elections and more.
Trump says the U.S. will work with Iran to destroy its uranium if they can make a deal
The president offered detailed remarks about the status of negotiations to end the war with Iran and its impact on the economy. 
