Global markets are rattled as bond yields reach historic highs amid rising public debt and geopolitical tensions. Investors react to Alphabet's antitrust victory, while Kraft Heinz announces a split. Is a financial crisis looming?
Macy's reported impressive second-quarter earnings, beating Wall Street expectations. With revamped stores and a strategic focus on high-performing segments, the retailer is optimistic about the future despite tariff challenges. Discover how Macy's is reshaping its approach to thrive in a competitive market.
This holiday season, U.S. spending is expected to drop 5%, largely due to Gen Z's 23% cutback. Households are prioritizing value as economic uncertainty looms, reshaping shopping habits.
In a surprising maneuver, the Trump administration has proposed cutting $5 billion in foreign aid using a rare tactic known as pocket rescission, sparking debates on its legality and potential impacts on government operations.
The S&P 500 faced a setback as AI stocks like Dell and Nvidia faltered, amid rising inflation concerns. Despite strong consumer spending, analysts predict interest rate cuts from the Fed next month.
In a groundbreaking move, President Trump has cut $4.9 billion in foreign aid without Congress's approval, utilizing a tactic not seen in nearly 50 years. This controversial decision raises questions about presidential power and the future of U.S. foreign aid.
In an unprecedented move, Trump informs House Speaker Mike Johnson he won't spend $4.9 billion in foreign aid, utilizing a 'pocket rescission' to cut funding without Congress's approval.
In a surprising move, the White House has informed Congress of its intention to cancel $4.9 billion in foreign aid using a controversial method known as 'pocket rescission,' igniting a fierce debate over spending powers.
Wall Street's major indexes fell as inflation data exceeded targets, raising concerns over tariffs and interest rate cuts. With tech stocks leading the decline and key economic reports on the horizon, investors are on edge.
President Trump expresses his desire to meet with North Korean leader Kim Jong Un this year, while engaging in tense discussions with South Korea's new president. Trade and military issues remain critical as both nations navigate complex relations.
