News

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 50% steel and aluminum tariffs take effect today. Here's what could get more expensive.
The 50% steel and aluminum tariffs could lead to higher prices on everything from cars to home and office supplies.
Fed's Musalem estimates ‘50-50’ chances on tariffs triggering prolonged US inflation, FT reports
St. Louis Federal Reserve President Alberto Musalem has put the likelihood of Donald Trump's trade war causing a prolonged ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...