Asia-Pacific markets trade mixed as investors assess Trump's 30% tariffs on EU and Mexico
Japan's 10-year government bond yield rises to near two-month highThe yield on 10-year Japanese government bonds (JGBs) rose 5.5 basis...
Donald J. Trump
Trump ‘certainly’ can fire Fed chair Powell ‘if there’s cause’: Hassett
National Economic Council Director Kevin Hassett speaks to reporters at the White House in Washington, D.C., U.S., April 14, 2025. Kevin...
The EU is delaying retaliatory tariffs on U.S. goods in hopes of reaching a deal by Aug. 1
European Commission President Ursula von der Leyen attends a press conference with Polish Prime Minister Donald Tusk and European Council...
Trump announces 30% tariffs on EU and Mexico, starting Aug. 1
President Donald Trump said Saturday the U.S. will impose a 30% tariff on goods from the European Union and Mexico...
Federal Reserve quietly responds to Trump administration attacks over renovation
U.S. Federal Reserve Chair Jerome Powell testifies before a House Financial Services Committee hearing on "The Semiannual Monetary Policy Report...
Trump threatens to revoke comedian Rosie O’Donnell's citizenship
President Donald Trump said Saturday that he is considering revoking comedian Rosie O'Donnell's citizenship, a dramatic escalation of Trump's threats...
Treasury posts unexpected surplus in June as tariff receipts surge
A view shows a bronze seal beside a door at the U.S. Treasury building in Washington, U.S., January 20, 2023. Kevin...
Trump budget chief Vought ramps up criticism of Powell, vows investigation into Fed renovations
Office of Management and Budget Director Russell Vought vowed Friday to press an investigation into renovations at the Federal Reserve...
Levi Strauss raises sales guidance, says it will absorb some tariff costs for now
Levi Strauss raised its full-year guidance Thursday and said it's working to absorb some of the costs it's facing from...
How Iconiq, the wealth firm backed by Mark Zuckerberg, brings ultra-rich philanthropists together
Meta CEO Mark Zuckerberg and Square CEO Jack Dorsey.Manuel Orbegozo | Handout | ReutersA version of this article first appeared...
Trump's tariffs on Brazil could make your coffee even more expensive
President Donald Trump's proposed 50% tariff on Brazilian imports is bad news for coffee drinkers.Brazil, the largest U.S. supplier of...
'YOLO'-buying EVs: As $7,500 tax credit ends, consumers may rush to cash in. Here's how to get a good deal
Halfpoint Images | Moment | Getty ImagesPresident Donald Trump's signature on his so-called big beautiful bill was a death blow...
Most Fed officials see rate cuts coming, but opinions vary widely on how many, minutes show
Federal Reserve officials diverged at their June meeting about how aggressively they would be willing to cut interest rates, split...
Trump sends more letters dictating high tariff rates around the world
President Donald Trump, accompanied by U.S. Secretary of State Marco Rubio (L) and U.S. Defense Secretary Pete Hegseth (R), discusses...
Trump's next Fed chair pick already comes with a credibility problem
The silhouette of a pedestrian is seen walking past the Marriner S. Eccles Federal Reserve building in Washington, D.CAndrew Harrer...
Trump's 'big beautiful bill' slashes CFPB funding: What it means for you
A view of the Consumer Financial Protection Bureau headquarters in Washington. Saul Loeb | Afp | Getty ImagesA massive tax...
'Big Short' Trader Steve Eisman breaks down one reason investors shouldn't worry about deficits
Steve Eisman, the investor who called the subprime mortgage crisis, said fears of the massive size of the federal budget...
Trump threatens to impose up to 200% tariff on pharmaceuticals 'very soon'
U.S. President Donald Trump speaks next to Defense Secretary Pete Hegseth during a cabinet meeting at the White House in...
Inflation expectations drift back down to pre-tariff levels, New York Fed survey shows
People shop at a grocery store in Brooklyn on May 13, 2025 in New York City. Spencer Platt | Getty...
Tesla loses $68 billion in value after Elon Musk says he is launching a political party
Tesla CEO Elon Musk attends the Saudi-U.S. Investment Forum, in Riyadh, Saudi Arabia, May 13, 2025. Hamad I Mohammed |...
