News

Trump's tariffs could pay for his tax cuts -- but it likely wouldn't be much of a bargain
The tax cuts in President Donald Trump’s One Big Beautiful Bill would likely gouge a $2.4 trillion hole in the federal budget ...
China’s Xi has upper hand in trade talks after Trump jumped the gun on tariffs: Rhodes
President Trump’s top economic advisors will meet with Chinese trade representatives in London on Monday for a fresh round of ...
China Tariffs Mean Fewer, More Expensive Dolls for American Kids
The Trump administration’s trade war is hurting low-margin industries such as toy makers, where companies say there are few ...
Trump’s tariffs would cut US deficits by $2.8T over 10 years and shrink the economy, CBO says
President Donald Trump’s sweeping tariff plan would cut deficits by $2.8 trillion over a 10-year period while shrinking the ...
Lululemon stock plunges in historic rout as tariffs eat away at its profit
Lululemon’s stock is on pace for one of its biggest routs in history after the athleisure maker warned that tariffs will dent ...
ECB should watch out for price hikes from U.S. tariffs, Schnabel says
The European Central Bank has made "great progress" in taming inflation but it should watch out for fresh price hikes caused ...
One Third of Drivers Cut Down on Car Insurance, Expecting Tariffs to Raise Premiums
Car insurance prices have almost doubled since 2020, and President Donald Trump's tariffs are expected to worsen ...
Tech job openings vanish as AI, tariffs change hiring landscape
Ahead of the release of the May jobs report, more companies are replacing workers with AI, compounding a tough job market and ...
Trump, South Korea's new president agree to make a deal on tariffs that would satisfy both countries
South Korea's new President Lee Jae-myung said he and President Donald Trump agreed to quickly work toward a deal on tariffs ...
Lululemon Shares Tumble on Warning That Tariffs Will Hurt Profit
Apparel maker’s stock falls nearly 20% after company lowers its earnings forecast, citing trade war and a pullback in ...
Tariffs are causing Alaska Airlines to cancel flights. Here's why.
Alaska Airlines is canceling more than a dozen flights a day as tariffs hinder its ability to accept delivery of new aircraft ...