News

Economics professor Ken Louie said tariffs will mean higher prices, while advocates say the cost of new tariffs are being absorbed by the sellers.
A flurry of major economic news over the coming days will provide a barometer of the U.S. economy as President Donald Trump's ...
Nayara, partly owned by Russian oil giant Rosneft, has increasingly come under pressure since the EU adopted its 18th ...
GDP grew 0.1% in the second quarter, a slowdown from the 0.6% growth booked in the firs. But the economy avoided the contraction forecast by many economists.
Volkswagen's embattled luxury brand Porsche cut its full-year profitability target on Wednesday after the EU's trade deal ...
Luxury-goods giant Hermes International has been passing along tariff increases to its U.S. customers. Reuters reported from a company conference call that Hermes raised prices by 7% globally and an ...
Federal Reserve Chair Jerome Powell faces pressure to lower interest rates as the central bank and markets digest the impact of Trump’s tariffs.
Siemens Healthineers expects U.S. tariffs to have an impact of up to 500 million euros ($578 million) on 2026 results, its ...
China's top trade official said Tuesday that China and the U.S. agreed to work on extending a deadline for new tariffs on ...
Now that Washington and Brussels have reached an agreement under which the U.S. will set a baseline 15% tariff for the vast majority of EU exports, including automobiles, Porsche cut its guidance ...
As President Donald Trump prepares to announce new tariff increases, the costs of his policies are starting to come into ...