Japan has eased its demand for a full repeal of the 25% U.S. auto tariff and is instead proposing a mechanism to reduce the rate based on how much countries contribute to the U.S. auto industry, the Asahi newspaper reported on Friday.
The European Central Bank is almost certain to cut interest rates again on Thursday and keep all options on the table for subsequent meetings, even as the case grows for a pause in its year-long easing cycle.
Tesla (TSLA) stock slumped Wednesday in the immediate fallout of the very public policy blowout between President Trump and Tesla CEO Elon Musk, which Musk himself amped up on Wednesday.
The Federal Reserve is loosening a major restriction on Wells Fargo (WFC) that was put in place following a fake accounts scandal nearly a decade ago, and the fourth-largest US bank will no longer have to operate under a $1.95 trillion asset cap.
Job openings unexpectedly rose in the first month that a wide swath of President Trumps tariffs went into effect.
The Federal Reserve said that Jerome Powell met with Donald Trump Thursday "at the president’s invitation," and the White House said the president told the central bank boss that he is making a mistake by not lowering rates.
The vast majority of President Donald Trump’s global tariffs were deemed illegal and blocked by the US trade court, dealing a major blow to a pillar of his economic agenda.
U.S. stock futures jumped and the dollar gained against safe-haven peers including the yen and Swiss franc on Thursday, after a U.S. federal court blocked President Donald Trumps "Liberation Day" tariffs from going into effect.
The bulk of President Donald Trump’s global tariffs were deemed illegal and blocked by the US trade court, dealing a major blow to a pillar of his economic agenda.
UK food inflation increased for the fourth consecutive month in May, reaching an annual rate of 2.8%, according to the latest British Retail Consortium (BRC) and NielsenIQ Shop Price Index.
Wall Street is closely watching the bond market following a recent surge in long-term Treasury yields as investors reevaluate the US fiscal outlook in light of President Trumps proposed tax legislation.
AI darling Nvidia (NVDA) reports earnings after market close on Wednesday, and how the numbers shake out could dictate the next big move for AI stocks.
Gold held a small decline as demand for haven assets cooled, with investors weighing prospects for improving trade relations between the US and the EU.
The euro and U.S. dollar rose against the safe-haven yen and Swiss franc on Monday after President Donald Trump set a July 9 deadline for a trade deal with the European Union, rescinding his threat of a 50% tariff from June 1.
The Supreme Court protected the Federal Reserve on Thursday, even as it allowed President Trump to fire the board members of two other independent agencies, potentially insulating central bank officials such as Chair Jerome Powell against any immediate re
