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Economy
Fed Chair Powell testifies US economy is in a ‘solid position’
Federal Reserve Chair Jerome Powell said that the economy is in a "solid position" as the…
Trump to announce move reducing impact of tariffs on auto manufacturers
President Donald Trump is expected to announce a decision to reduce the impact of tariffs…
Treasury Sec Bessent says Trump admin focusing on Main Street
Treasury Secretary Scott Bessent said that despite the success of Wall Street in recent years,…
Walmart, Delta Air Lines face tariff challenges
Walmart has pulled its guidance for operating income in the first quarter, while Delta Air…
Trump says he’s raising China tariffs further, pausing reciprocal tariffs for others
The tariff tit-for-tat between the U.S. and China escalated again Wednesday, with President Donald Trump…
Kimbal Musk, brother of Elon Musk, publicly blasts Trump’s tariffs
The brother of Elon Musk, Kimbal Musk, blasted President Donald Trump’s new tariff policies in…
Scott Bessen issues a warning to China over currency moves
Treasury Secretary Scott Bessent said Wednesday that he doesn't see any systemic issues with the…
European Union hitting US imports with retaliatory tariffs
The European Union on Wednesday announced the approval of retaliatory tariffs on billions of dollars…
China is hiking tariffs on US imports from 34% to 84%
China will now raise tariffs on U.S. imports from 34% to 84% in response to…
China’s central bank calls on state banks to reduce US dollar purchases
China's central bank will not allow a significant decline of the yuan and has urged…
More new car buyers resorted to 84-month loan financing terms
More car-buyers used seven-year loans to finance new vehicles in the first quarter as they…
Economist says world ‘will prosper’ from tariff trade negotiations
Former Reagan economic advisor Art Laffer said Tuesday on "Varney & Co"Â that both the world…
