Trump lobbies 'Too Late Powell' to cut interest rates
President Donald Trump repeated his criticism of Federal Reserve Chair Jerome Powell as being "too late" in cutting interest rates, while inflation remains above the 2% target.
Trump says US moving past 'days of economic misery' on Middle East trip
President Donald Trump said his administration's economic agenda is moving the U.S. forward in a speech delivered in Saudi Arabia as he looks to attract investment from the Middle East.
Trump signs 'strategic economic partnership' with Saudi Arabia
President Donald Trump signed a massive deal with Saudi Arabia in what could amount $600 billion and create up to 2 million U.S. jobs.
Nissan increases job cuts to 20K by 2027
Japanese automaker Nissan expanded its planned job cuts after seeing a "challenging" FY 2024. The company is also working to mitigate the impact of President Donald Trump's tariffs.
Record $16B tariff inflow helped ease the US budget deficit rate
U.S. tariff revenue hit a record $16.3 billion in April, easing the budget deficit rate as President Donald Trump's sweeping tariffs took hold.
American CEOs Elon Musk, Sam Altman, Larry Fink join Trump at Saudi royal court
Business leaders including Elon Musk and Sam Altman are joining Donald Trump Tuesday in Saudi Arabia as the president is kicking off his Middle East visit.
Trump's Middle East trip aims to seal investments in US
President Donald Trump is traveling to the Middle East this week and will visit countries like Saudi Arabia, Qatar and the UAE in an effort to secure more investment in the U.S.
China removes ban on Boeing deliveries after deal with US to temporarily slash tariffs
China has removed its ban on airlines accepting Boeing planes after Beijing and Washington agreed to temporarily reduce the steep tariffs on one another.
Prescription drug prices still surging despite efforts by federal government
The cost of prescription drugs have risen rapidly despite policymakers pledging to fix the issue. They climbed nearly 40% since 2014, according to data from GoodRx.
India considering tariffs on US goods to counter Trump's levies
India is considering placing tariffs on some goods produced in the U.S. to counter the Trump administration's duties on steel and aluminum products.
Trump says China deal will open up market for US businesses
President Donald Trump's announcement that the U.S. and China will temporarily lower tariffs while they negotiate a new trade deal that will open up access China to U.S. businesses.
How soon will drug prices drop? RFK Jr. says timeline depends on big pharma
Health and Human Services Secretary Robert F. Kennedy Jr. said that bringing the cost of prescription drugs to levels seen in Europe largely depends on how drug companies cooperate.
Trump says drug prices will be cut by as much as 90%: What to know
President Donald Trump is looking to significantly cut the costs of prescription drugs for U.S. consumers, saying the nation will pay the "lowest price there is."
Goldman Sachs says undermining central bank independence has economic repercussions
An analysis by Goldman Sachs finds that reducing the independence of central banks like the Federal Reserve can contribute to higher inflation, lower stock prices and a weaker currency.
US, China announce reduced tariffs for 90 days after trade talks
The United States and China announced that tariffs against one another will be reduced for an initial 90-day period following trade talks in Switzerland.
Commerce secretary says more deals to come following US-UK trade agreement: 'Going to drive our economy'
President Donald Trump announced on Thursday that the U.S. and the United Kingdom reached a trade agreement. Commerce Secretary Howard Lutnick said more deals are in the works.
Democrats trying to force retailers to display cost of Trump tariffs on products
Democrats want to require retailers to display the cost for products impacted by President Donald Trump's tariff policies, which they have heavily criticized.
Trump touts UK trade deal as boosting US agriculture, beef producers
President Donald Trump said a new trade deal with the United Kingdom will expand market access for U.S. agricultural products, including beef producers who faced non-tariff barriers.
Trump unveils new UK trade deal, calls it 'incredible day for America'
President Donald Trump announced a new trade deal with the U.K., calling it the "first in a series of agreements" and an "incredible day for America."
Trump calls Fed's Powell a 'fool' after central bank holds interest rates steady
The Federal Reserve kept interest rates unchanged at its latest meeting this week, leaving the benchmark federal funds rate at a range of 4.25% to 4.5%.