Mainstream economists have underestimated the cost of all the confusion the administration has unleashed, particularly on trade and immigration. Many forecasters and investors misinterpret what is happening in the American economy. Some believe the uncertainty around...

Banks argue cap would limit credit access, harm economy Financial groups warn cap could lead to higher fees, reduced rewards Trump's proposal lacks details, may need congressional action Subprime borrowers face hardest impact from proposed cap Morningstar analyst...

Gold and silver climbed to records in a broad-based metals rally as the US Justice Department threatened the Federal Reserve with a criminal indictment, reviving concerns about the central bank’s independence. The yellow metal spiked above $4,600 an ounce, while...

“Sell America” sentiment rippled through markets on Monday after the Trump administration escalated its attacks on the Federal Reserve, fanning concerns over the central bank’s autonomy in setting interest rates. The dollar, Treasuries and US equities futures slid...

Abercrombie & Fitch Co. shares sank after holiday sales disappointed investors, helping spark a selloff in retail stocks. The New Albany, Ohio-based company didn’t raise its outlook and now expects fourth-quarter sales growth of around 5%, the mid-point of its...

Five Below Inc. boosted its sales forecast beyond Wall Street estimates after reporting a banner holiday shopping season. The discount chain now sees comparable sales for the fourth quarter rising about 14.5%, roughly doubling a previous outlook. Analysts on average...