The Federal Reserve’s nearly-unanimous decision Wednesday to reduce its key interest rate was seen by many observers as a quiet show of unity and independence amid President Donald Trump’s relentless pressure for steeper cuts and his unprecedented effort to fire a top Fed official.

US economy shrank 0.5% in the first quarter, worse than earlier estimates had revealed

Read full article: US economy shrank 0.5% in the first quarter, worse than earlier estimates had revealed

The U.S. economy shrank at a 0.5% annual pace from January through March as President Donald Trump’s import taxes at least temporarily disrupted business, the Commerce Department reported Thursday in a a downgrade from its previous estimate.

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Employers add a solid 139,000 jobs in May, though hiring slows as some potential weaknesses appear

Read full article: Employers add a solid 139,000 jobs in May, though hiring slows as some potential weaknesses appear

U.S. employers slowed hiring last month, but still added a solid 139,000 jobs amid uncertainty over Trump’s trade wars.

Republicans point to inflation in bid to retake Congress

Read full article: Republicans point to inflation in bid to retake Congress

Gas prices have soared passed $3 per gallon.

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CLAUDIA SAHM

Federal Reserve shows unexpected unity, independence as it weathers Trump's attacks

US economy shrank 0.5% in the first quarter, worse than earlier estimates had revealed

Employers add a solid 139,000 jobs in May, though hiring slows as some potential weaknesses appear

Republicans point to inflation in bid to retake Congress