Stocks rallied significantly on Friday as President Trump announced upcoming US-China trade talks. The Dow climbed by 448 points amid hopes for resolution in the tariff wars, fueled by a positive jobs report.
In a surprising twist, American car buyers paid slightly less for new vehicles in May, despite the introduction of new tariffs on imported cars and parts. This minor price dip raises questions about demand and spending habits in the auto market.
In a revealing discussion, Euronext CEO Stéphane Boujnah shared insights on market shifts as investors move from U.S. assets to Europe amidst rising trade tensions and tariffs. The impact of Trump's policies is stirring significant changes in the financial landscape.
In a crucial call between Trump and Xi, the two leaders navigated rising trade tensions and the delicate issue of rare earth minerals, hinting at potential solutions but leaving key issues unresolved. With both economies at stake, the world watches closely.
President Trump's ambitious legislative agenda could add over $2.4 trillion to the national debt in the next decade, facing criticism from figures like Elon Musk. House Speaker Mike Johnson seeks dialogue with Musk as the Senate pushes forward.
President Trump has doubled tariffs on imported steel and aluminum to 50%, igniting debates over rising costs for consumers and businesses. Meanwhile, aid operations in Gaza have been paused amid escalating violence.
Dollar General reports a 2.4% rise in same-store sales, surpassing expectations as higher-income shoppers flock to the retailer for value. The company is adapting to tariffs while raising its fiscal guidance for 2026.
President Trump has ramped up steel and aluminum tariffs to 50%, impacting both domestic producers and industries reliant on these metals. As costs rise, the ripple effects could lead to higher consumer prices and job losses in other sectors.
The UK dodges a significant increase in steel and aluminium tariffs imposed by President Trump, maintaining the current rate of 25% while negotiations continue for a future trade agreement. Is this a win for British businesses?
In a controversial move, the US has doubled tariffs on foreign steel and aluminum imports to 50%, aiming to bolster local industries despite backlash from key trading partners like Canada and Mexico.
