President Trump flip-flops on tariffs, economy as new import taxes take effect
President Donald Trump is defending his use of tariffs, claiming they will strengthen the economy long-term while downplaying ...
The stock market is traumatized. The inflation report just gave it a much-needed boost.
Recession chatter is still making the rounds on Wall Street, but cooler inflation is quelling fears of one worst-case scenario for the Fed.
As stock slumps drain America’s 401(k)s, Trump props up his billionaire sidekick
As Wall Street reeled for a second straight day on Tuesday, President Donald Trump chose not to appear with worried working ...
UK to 'keep options open' as Trump tariffs kick in
Prime Minister Sir Keir Starmer has said the UK will "keep all options on the table" as US President Donald Trump's tariffs ...
NOAA laying off another 1,000 employees as part of Trump federal cuts: Live updates
NOAA has a workforce of about 12,000 worldwide but already cut more than 880 employees two weeks ago. The action ...
Former Treasury Secretary Steven Mnuchin says 'people are overreacting a bit' to Trump's policies
Mnuchin, who served under Trump in the Republican's first term in office, said does not see signs of an imminent slowdown for the U.S. economy.
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US CPI Data Live Updates: Inflation cools to 2.8% in February, below estimates
US inflation data for February 2025 will be released today at 6 PM IST, with markets bracing for volatility. A ...
Billionaire bust: Five billionaires who attended Donald Trump’s inauguration have seen their wealth plunge by $209 billion since that day; here’s what happened
Five wealthy individuals have collectively lost $209 billion since US president Donald Trump’s inauguration. Musk's fortune ...
Canada to announce more than $20 billion in retaliatory tariffs against US
Canada will announce $20.7 billion in retaliatory tariffs in response to the 25% steel and aluminum tariffs that President Donald Trump has leveled, a senior Canadian government official said ...
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Copper prices soar as US tariffs ignite market optimism
Copper prices on the LME metal exchange in London are rising, similar to other base metals, after the US president downplayed concerns about the risk of a recession. American tariffs on steel and ...
Inflation Moderates in February, Beating Estimates, as Gasoline and Air Fares Drop
Consumer prices rose 0.2% in February, or 2.8% annually, coming in below the forecasts of economists, the Bureau of Labor Statistics reported on Wednesday. Although housing costs rose, accounting for ...