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Trump has rolled back many of his steepest tariffs over recent months, including a sky-high levy on China, the top source of ...
The S&P 500 and Nasdaq Composite ended little changed on Friday, overcoming a brief dip triggered by a Financial Times report ...
Wealthier voters have long been a core part of the Republican base, but Trump's recent moves appear to have alienated those ...
During a Senate Finance Committee hearing on June 12, 2025, Treasury Secretary Scott Bessent smugly talked down to Senator Ron Wyden (D-OR) and his Democratic colleagues that there would be "no ...
That’s the six-word verdict from Apollo’s chief economist Torsten Sløk on where U.S. inflation is headed. Sløk feels the worst impacts of President Trump’s tariffs still lie ahead. Prices, he warns, ...
With Carney acknowledging that a tariff-free trade deal is unlikely, what does it mean for the highly integrated aluminum, ...
Slok said that he “absolutely” believes that inflation has already caused a “lift off” on consumer goods. Data released from the Bureau of Labor Statistics on Tuesday showed that inflation accelerated ...
What’s more, businesses stockpiled inventory in advance of the deadline and Customs and Border Protection allows many importers to delay payments for up to a month and a half. Hence, many forecasters ...
Inflation and tariffs continue to affect the US economy, with prices still increasing despite a reduction in the rate of increase. The White House Press Secretary has claimed that Biden's inflation ...
Wall Street economist Torsten Sløk warns that Donald Trump's tariffs could trigger significant inflation, peaking in November or December, impacting consumer prices on gifts and groceries. This could ...
In China, a 5.2% increase in second-quarter gross domestic product beat expectations, bringing the official 5% expansion goal ...