News

Fed's Targeted Inflation Gauge Shows Little Tariff Impact
The Federal Reserve's targeted inflation measure ticked slightly higher in May, but the numbers didn't show a big ...
S&P 500, Nasdaq hit record closing highs as investors shrug off tariff, war concerns
The S&P 500 closed at an all-time record high on Friday afternoon, extending breakneck gains achieved in recent weeks as ...
Canada's steel producers tell government its tariff protection measures aren't enough
Canadian steel industry representatives told government officials in a meeting this week that their measures to protect the ...
Tariff Deals Could Be Wrapped up by Labor Day, Bessent Says as Talks Pick Up
After a week where tariffs took a back seat to the U.S. strike on Iran's nuclear facilities and the massive tax and spending ...
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Trump’s Tariffs Could Turn Your Grocery Favorites Into Luxury Goods — Here Are 9 Tariff-Proof Foods We’re Still Buying
Trump's new reciprocal tariff plan has pushed the average US tariff rate to about 15.8% — the highest it's been in almost a ...
US stocks close at an all-time high just months after plunging on tariff fears
President Trump’s decision Friday to halt trade talks with Canada threatened to derail Wall Street’s run to a record, but the ...
As Trump touts tariff deal, China pitches itself as global trade leader
As the U.S. and China finalized a trade agreement, Beijing pitched itself at the “Summer Davos” summit as an antidote to ...
Nike soars on a production shift away from China, but it warns of a $1 billion tariff hit
Nike’s shares jumped at the opening bell Friday after the company said it’s shifting some production away from China. But it ...
Is Trump a genius? Top economist and tariff skeptic admits president may have outsmarted us all on the economy
Torsten Sløk, the chief economist at Apollo Global Management, theorized a possible way for President Donald Trump to avoid ...
Trump shrugs off July tariff deadline: ‘We can do whatever we want'
Trump’s answer appeared to correspond to the date when his self-described reciprocal tariffs on many nations are set to ...
S&P 500 record fueled by earnings strength, easing tariff fear
Investors have shifted from panicking about tariffs to relief buying, lifting the U.S. stock market storm back to record ...
America’s incredible stock market rebound is tested by Trump’s tariff announcement
The US stock market appeared set to reach an all-time high on Friday. And then President Donald Trump threatened to raise ...