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Powells message to Congress: Rate cut is likely coming soon

The chairman’s remarks led investors to send stock prices up, bond yields down and the value of the U.S. dollar lower on expectations of lower interest rates.

India tariffs threaten almond industry in California

The Almond Board of California estimates the industry generates about 104,000 jobs in California, and the effect of the tariffs might ripple outward.

US government investigates poultry price-fixing claims

The suit claims the companies shared information through a third-party data firm and restricted supply by destroying breeder hens on several occasions.

Trump says he plans to keep pressure on Fed over rates

President Donald Trump says he has no intention of ending his public attacks on the Federal Reserve’s interest rate policies even though he knows he has made Chairman Jerome Powell’s job more difficult.

10 states seek to stop proposed $26.5B Sprint-T-Mobile deal

A group of state attorneys general led by New York and California filed a federal lawsuit Tuesday to block T-Mobile’s $26.5 billion bid for Sprint, citing consumer harm.

Trump doubles down on Mexico tariff threat, gets pushback

Despite pushback from business and Mexico, President Trump doubled down Friday on his threat to slap a 5% tariff on Mexican imports unless Mexico cracks down on migrants trying to cross the border.

Businesses want government to fix $2T infrastructure needs

Small and mid-size businesses want the federal government to follow through on a promise to rebuild the nation’s infrastructure — including roads, bridges and internet.

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