Tesla CEO Elon Musk listens as U.S. President Donald Trump speaks to reporters in the Oval Office of the White House on May 30, 2025 in Washington, DC. Kevin Dietsch | Getty Images Sen. Elizabeth Warren‘s office issued a report…
The layoffs come days after US President Donald Trump threatened 50 percent tariffs on EU goods. Swedish automaker Volvo is set to cut 3,000 white-collar jobs amid restructuring efforts as prices begin to rise due to tariff-driven uncertainty. The company…
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BEIJING, CHINA – MARCH 06: Pan Gongsheng, governor of the People’s Bank of China, attends a new conference on economy for the third session of the 14th National People’s Congress (NPC) on March 6, 2025 in Beijing, China. Visual China…
A man shops for shoes at a Nike outlet store in Los Angeles on April 10, 2025. Frederic J. Brown | Afp | Getty Images America’s largest shoe brands are asking President Donald Trump for a tariff reprieve. The Footwear…
Southwest Airlines became the latest US carrier on Wednesday to withdraw its financial forecast as President Trump’s trade war has created the biggest uncertainty for the industry since the COVID-19 pandemic. With little clarity on how consumers will behave in the face of a potentially…
NEW YORK (AP) — Among the threats tariffs pose to the U.S. economy, none may be as strange as the sell-off in the dollar. Currencies rise and fall all the time because of inflation fears, central bank moves and other…
Ireland has the strongest passport in the world, according to the Nomad Passport Index 2025. It’s the first time that the northern European country has held the solo No. 1 spot in the annual ranking from Nomad Capitalist, a tax…
Stocks on Wall Street shook off a weak start and closed slightly higher Friday, snapping a four-week losing streak. The S&P 500 edged up 0.1%. The index finished with a 0.5% gain for the week. It’s still down 4.8% so…
Delta Air Lines on Monday slashed its first-quarter profit estimates by half, sending its shares down 14%, and its CEO said the environment had weakened due to US economic uncertainty. The Atlanta-based airline is the first major US carrier to report that…