News

Big picture: Claims have stayed remarkably steady even as economists identify a rising risk of a recession in the U.S. economy. When claims, which are a good and timely measure of layoffs, are below ...
The moves represented something of a return to normal amid huge relief for investors in U.S. government debt. Trump's sweeping global tariffs had caused a wave of selling leading to soaring yields, ...
Sure, it'll be a bumpy ride - but real adventures always are. Reagan drew the map, Trump stomped the gas, and somewhere down this pot-holed, tariff-paved highway, America might just rediscover the ...
Thursday's stock futures action suggests the same, with the Dow industrials down sharply in early action. Our call of the day from UBS's top strategist Bhanu Baweja, advises investors to sell any ...
China has slowly been letting its currency, also called the yuan, depreciate in value. The People's Bank of China set its daily reference rate at the lowest level since Sept. 2023 and the offshore ...
The U.S. Senate has declared that the extension of the tax cuts from the 2017 Act would increase the U.S. deficit by zero dollars. That is not a typo. Many of the tax cuts in the Tax Cuts and Jobs Act ...
It is too early to be certain of the impact higher U.S. tariffs will have on U.K. inflation, and therefore the right policy response, Bank of England Deputy Gov. Sarah Breeden said Thursday.
Consumer prices fell in March for the first time since the outbreak of the pandemic in 2020, but economists warn inflation could get worse if the U.S. retains higher tariffs on China and the rest of ...
President Donald Trump's 90-day pause on trade tariffs for everyone but China instantly revived the American economic exceptionalism narrative. The headlines will shift to U.S. tax cuts - and the ...
Blackstone's real estate unit has agreed to acquire a 95% stake in an industrial portfolio developed by Crow Holdings for $718 million.
Largan has had a robust balance sheet and a net cash position throughout the past decade. The firm’s financial strength is superior to its optical lens competitors, primarily due to its strong free ...
The effective U.S. tariff rate would be 12% if no Chinese goods were imported, according to JPMorgan.