Trump tariffs could raise consumer prices in short term, expert says; TransPak expands logistics operation in Texas; Logisticus Group opens supply chain facility near Phoenix; and Grupo Lintel plans $83 million logistics park in central Mexico.

Civil organizations on Saturday called on the government of Claudia Sheinbaum not to give in to pressure from foreign companies during her participation in the World Economic Forum (WEF) and to promote an agenda that prioritizes social justice and care for the environment.

"Shark Tank" star Kevin O'Leary explains President Donald Trump's "tariff signal" to world economic leaders on "The Story."

President Donald Trump took his America First economic platform to the international community Thursday, promoting tax cuts, oil extraction, and tariffs at the World Economic Forum at Davos.

Latest stories about World Economic Forum on Business Insider

Leading business and political figures attending the World Economic Forum meeting in Davos, Switzerland, have discussed and debated topics such as technology, tariffs, climate change, Ukraine, Gaza and the global economy this week.

U.S. President Donald Trump will speak remotely at the World Economic Forum on Wednesday in Davos, Switzerland, delivering his first major speech to global business and political leaders. Read more at straitstimes.

Oil futures traded higher Thursday, a day after the U.S. benchmark saw its lowest settlement of the new year, as traders continued to weigh the possibility that President Donald Trump will implement tariffs on Canada and Mexico, which are among the biggest sources for U.S. oil imports.

The pound was flat against the dollar on Thursday morning, trading at $1.2449, as investors weighed central bank policy decisions and UK chancellor Rachel Reeves' economic growth plans. The US Federal Reserve announced on Wednesday that it was keeping rates on hold in its first decision of the year.

Washington (CNN) — The Federal Reserve on Wednesday hit pause on interest rate cuts in its first key decision of President Donald Trump ’s second term. It’s a move that’s likely to stoke tensions between the central bank and the new president, who has argued that he should have some say in Fed policy.

The meeting went as expected, with no changes to interest rates. But the S&P 500 broad index of large cap stocks declined on the news, sank 0.7% immediately after the news before rebounding to down 0.