UK Finance Minister Rachel Reeves’ spending plans risk creating ‘a snowball effect’ that pushes borrowing costs higher
LONDON, UNITED KINGDOM - MARCH 26, 2025: Britain's Chancellor of the Exchequer Rachel Reeves leaves 11 Downing Street ahead of...
Tariff
Here's the inflation breakdown for May 2025 — in one chart
David Paul Morris/Bloomberg via Getty ImagesThe annual inflation rate increased slightly in May as an uptick in grocery inflation somewhat...
Inflation fears receded in May as Trump eased some tariff threats, New York Fed survey shows
Fruit and vegetables are seen at a Walmart supermarket in Houston, Texas, on May 15, 2025. Ronaldo Schemidt | Afp...
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...
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...
Brown-Forman shares plummet as whiskey maker warns of tariff uncertainty
Bottles of the American whiskey Jack Daniel's are offered for sale in a liquor store on November 27, 2023 in...
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...
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...
The trade war is rattling global business travel — 4 charts show how
Optimism in the global business travel sector has dropped by more than half this year, according to a report published...
Trump hails 'positive' step in U.S.-EU trade negotiations as markets hope for a deal
U.S. President Donald Trump gestures at the annual National Memorial Day Observance in the Memorial Amphitheater, at Arlington National Cemetery...
Consumer confidence for May was much stronger than expected on optimism for trade deals
Consumer optimism got a much-needed boost in May on hopes for trade peace between the U.S. and China, according to...
Toyota redesigns America's top-selling RAV4 SUV to exclusively be a hybrid
PLANO, Texas — The top-selling SUV in the United States will exclusively be offered as a hybrid model as part...
Consumer sentiment slides to second-lowest on record as inflation expectations jump after tariffs
A woman walks in an aisle of a Walmart supermarket in Houston, Texas, on May 15, 2025.Ronaldo Schemidt | Afp...
JPMorgan Chase CEO Jamie Dimon says recession is still on the table for U.S.
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., speaks during the 2025 National Retirement Summit in Washington, DC,...
Tariff receipts topped $16 billion in April, a record that helped cut the budget deficit
Shipping containers are seen at the port of Oakland, as trade tensions continued over U.S. tariffs with China, in Oakland,...
Bessent sees tariff agreement as progress in 'strategic' decoupling with China
Treasury Secretary Scott Bessent said Monday that the trade agreement reached over the weekend represents another stage in the U.S....
