Summary Annual inflation cooled sharply to 2.4% in March, marking a six-month low in consumer prices. However, President Donald Trump’s sweeping tariffs could potentially speed price increases up. Core inflation, excluding food and energy, fell to its lowest rate in…
The White House is insisting that Donald Trump’s vision of Apple’s flagship iPhones being manufactured in the US will come to fruition, despite assertions from analysts and the company itself that it would not be possible. The press secretary, Karoline…
The battle of billionaires in space between Jeff Bezos and Elon Musk is ready to enter a new arena: satellite internet. But the contest will have to wait another day as weather along Florida’s Space Coast on Wednesday night interfered…
The view of Nanjing Road East Pedestrian Mall the main shopping street in Shanghai. Bruce Yuanyue Bi | The Image Bank | Getty Images Asia-Pacific markets rose Thursday, following Wall Street’s biggest burst of buying since 2008 after U.S. President…
NEW YORK (AP) — The House voted Wednesday to overturn a rule that would have limited bank overdraft fees to $5, following the Senate in moving to dismantle the regulation that the Biden administration had estimated would save consumers billions…
WASHINGTON (AP) — Weeks after ordering Food and Drug Administration employees back into the office, the agency is reversing course, allowing some of its most prized staffers to work remotely amid worries that recent layoffs and resignations could jeopardize basic…
Treasury Secretary Scott Bessent denies bond market panic pushed Trump into backing down on tariffs Fortune Sell-Off in U.S. Bonds and Dollar Raises Questions About ‘Safe Haven’ Status The New York Times Trump announces pause in ‘reciprocal’ tariffs for all countries but…
Key events Show key events only Please turn on JavaScript to use this feature Billions wiped off Australian stocks Jonathan Barrett In Australia, shares swung wildly early on Wednesday, wiping tens of billions of dollars of value from the market…
People standing in front of an electronic display showing the Hang Seng Index in the Central district of Hong Kong on July 26, 2021, after stocks plunged as tuition firms were hammered by China’s decision to reform the private education…
The stock rally, driven by optimism of progress on tariff deals with U.S. trading partners, lost steam on Tuesday afternoon, with the three major indexes all closing in the red. The Dow Jones Industrial Average fell more than 300 points,…