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Rachel Barber

New York, Washington, D.C., United States

Reporter at USA Today

Making sense of the economy @USATODAY | [email protected] 📩

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Articles

  • 2 weeks ago | usatoday.com | Rachel Barber

    A data breach affecting Coinbase, the world’s largest cryptocurrency exchange, has left some customers’ data vulnerable. The U.S. Department of Justice reportedly launched a probe into the attack. Cyber criminals bribed a group of “rogue” overseas support agents to facilitate the breach, according to the company.ÂThe company said it received an email from an unknown actor on May 11 who claimed to have access to some internal documents and information about certain customer accounts.

  • 4 weeks ago | usatoday.com | Rachel Barber

    President Donald Trump struck a trade deal with the United Kingdom Thursday that he says will benefit “super luxury” cars and open the door to billions of dollars' worth of increased market access for American exports. As part of the agreement, Trump said the U.S. will maintain a 10% baseline tariff on imports from the UK.

  • 4 weeks ago | usatoday.com | Rachel Barber

    Federal Reserve Chair Jerome Powell on May 7 said "the economy is doing fine" during a news conference after the Federal Open Market Committee announced it would keep its key rate steady at 4.25% to 4.5%. The decision marks a continuation of the Fed's wait-and-see approach as its members observe ongoing economic uncertainty.

  • 1 month ago | usatoday.com | Bailey Schulz |Paul Davidson |Andrea Riquier |Medora Lee |Rachel Barber

    Despite President Donald Trump pressing for lower interest rates, economists say the Federal Reserve will likely stick to its wait-and-see approach and hold rates steady on May 7. The Fed will likely need more clarity before ending the pause, economists say.

  • 1 month ago | usatoday.com | Rachel Barber

    December is more than half a year away, but President Donald Trump just acknowledged that it could be tighter for families this holiday season. "Somebody said, 'Oh, the shelves are gonna be open,'" Trump told reporters Wednesday. "Well, maybe the children will have two dolls instead of 30 dolls, and maybe the two dolls will cost a couple of bucks more."But what does that actually mean?

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Rachel Barber
Rachel Barber @rachelbarber_
8 May 25

RT @USATODAYmoney: The deal carves out exceptions for the UK but may confirm a 10% tariff is likely the lowest Trump will impose on most co…

Rachel Barber
Rachel Barber @rachelbarber_
7 May 25

RT @USATODAY: Fed holds interest rates steady, continuing its wait-and-see approach amid Trump tariffs, economic uncertainty https://t.co/P…

Rachel Barber
Rachel Barber @rachelbarber_
2 May 25

RT @USATODAYmoney: What are you going to do when you retire? Financial experts say you need a plan. https://t.co/gQ01FcoEyi