Long-awaited Trump-Xi call isn't enough to resolve looming critical mineral shortage this summer
Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks in Shanghai,...
Donald J. Trump
Lululemon shares tumble 23% as it cuts full-year earnings guidance, citing 'dynamic macroenvironment'
Lululemon beat Wall Street expectations for fiscal first-quarter earnings Thursday, but cut its full-year earnings guidance, citing a "dynamic macroenvironment."As...
Corporate layoffs have ramped up in recent weeks. Here are the companies making cuts
Mathisworks | Digitalvision Vectors | Getty ImagesWhile Elon Musk has ended his government cost-cutting initiative that resulted in thousands of...
Procter & Gamble to cut 7,000 jobs as part of broader restructuring
Packages of Charmin Ultra Soft bath tissue are stacked at a Costco Wholesale store in San Diego, California, on March...
Trade deficit fell by a record amount in April as demand dropped for imports
The U.S. deficit with its global trading partners tumbled by the largest amount on record in April as companies and...
Here's how tariffs could affect the price of goods like shoes and sweaters
What is the true cost of tariffs? It's debatable — not only because of political biases, but also because it's far...
Family office deals slow in May with bets on nuclear batteries and AI testers
Key PointsNuclear energy startups are gaining steam with private investment firms of the ultra-rich. Billionaire Barry Sternlicht's family office invested...
Fed 'Beige Book' economic report cites declining growth, rising prices and slow hiring
A store closing sign is displayed as customers shop during the last day of a store closing sale at a...
Private sector hiring rose by just 37,000 in May, the lowest in more than two years, ADP says
Private sector job creation slowed to a near standstill in May, hitting its lowest level in more than two years...
Ford reports 16% sales increase in May amid employee pricing, tariffs
DETROIT — Ford Motor on Tuesday reported a 16.3% year-over-year U.S. sales increase for May, as the automaker continues an...
People are cooking at home at the highest levels since start of pandemic, according to Campbell's
A worker arranges cans of Campbell's soup on a supermarket shelf in San Rafael, California.Getty ImagesCampbell's has seen customers prepare...
Here are the retailers raising prices as Trump tariffs take hold
A person picks out clothing in a store as retailers compete to attract shoppers and try to maintain margins on...
This is why Jamie Dimon is so gloomy on the economy
Jamie Dimon, CEO of JPMorgan Chase, testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled Annual Oversight...
American Eagle issues downbeat quarterly guidance as earnings miss expectations
American Eagle Outfitters reported quarterly earnings on Thursday that missed expectations, reflecting a $75 million write-down in spring and summer...
Gap shares plummet as retailer says tariffs could cost between $100 and $150 million
People walk past the entrance of a Gap store in Paris, France, July 1, 2021. Sarah Meyssonnier | ReutersGap said...
Jeep reveals new Cherokee SUV, confirms hybrid model
2025 Jeep Cherokee SUVStellantisDETROIT — Jeep on Thursday revealed the first details and image of its new Cherokee SUV, which...
Trump advisor Hassett is confident tariffs will prevail despite judges' ruling
National Economic Council Director Kevin Hassett speaks to reporters at the White House in Washington, D.C., U.S., April 14, 2025. Kevin...
High school sports at PBS stations could be at risk with potential federal funding cuts
Iowa PBS covers the 2024 State Girls Softball Championships live from Fort Dodge, Iowa in July 2024.Courtesy: Iowa PBSHigh school...
E.l.f. Beauty to acquire Hailey Bieber skincare brand Rhode in up to $1 billion deal
Hailey Bieber attends the Rhode UK launch party with Hailey Bieber at Chiltern Firehouse on May 17, 2023 in London,...
Musk says Trump's big bill undermines DOGE; president counters with political reality
Elon Musk criticized President Donald Trump's signature spending bill that recently made it through a House vote, saying it counters...
