U.S. President Donald Trump greets members of the audience after signing a proclamation during a Greek Independence Day celebration at the White House on March 24, 2025 in Washington, DC. Win McNamee | Getty Images U.S. President Donald Trump’s tariffs have so far taken the shape of country-specific, sweepingly reciprocal, targeted at sectors and applicable…
A delivery rider passes by a Nike retail store on Dec. 29, 2024, in Chongqing, China. Cheng Xin | Getty Images News | Getty Images The Trump administration’s radical overhaul of the federal government and economic policy is bleeding into corporate earnings. Nike reported earnings Thursday, and cautioned that it expects sales in its current…
Nike’s “Just Do It” ad slogan on Feb. 5, 2025, in London, England. Richard Baker | In Pictures | Getty Images The Trump administration’s radical overhaul of the federal government and economic policy is bleeding into corporate numbers. Nike reported earnings Thursday, and cautioned that it expects sales in its current quarter to plunge because…
EU flags flutter in front of European Central Bank (ECB) headquarters in Frankfurt, Germany July 18, 2024. Jana Rodenbusch | Reuters The European Union will delay implementing its first set of tariffs on goods from the U.S. until the middle of April to allow for additional time for discussions with Washington, an EU spokesperson told CNBC Thursday. “The…
The “good ship Transitory,” despite an ominous record, appears ready to sail again for the Federal Reserve. Economic projections the central bank released Wednesday indicate that while officials see inflation moving up this year more rapidly than previously expected, they also expect the trend to be short-lived. The outlook spurred talk again about “transitory” inflation…
Japan’s national flag flutters at the Bank of Japan headquarters in Tokyo on May 30, 2024. Kazuhiro Nogi | Afp | Getty Images Japan’s central bank on Wednesday kept its key policy rate steady at 0.5% in a unanimous vote. The move, which was in line with market expectations, comes as the Bank of Japan…
A twelve pack of Budweiser sits on a shelf for sale at a convenience store in New York City. Drew Angerer | Getty Images U.S. President Donald Trump’s threat to impose 200% tariffs on alcohol from Europe would serve a major blow to drinks makers on the continent, but it could have one unlikely beneficiary…
Tesla CEO Elon Musk watches as President Donald Trump talks to the media, outside the White House in Washington, D.C., March 11, 2025. Kevin Lamarque | Reuters Two companies led by billionaire DOGE chief Elon Musk — SpaceX and Tesla — have submitted letters lobbying the U.S. trade representative on Trump administration tariff policies. But…
Stocks on Wall Street rallied on Friday to their biggest daily jump since President Trump’s election, bouncing off a drop that had left the market in a correction after weeks of selling. But the gains weren’t enough to overcome the steep losses from earlier in the week, and the S&P 500 remained in negative territory…
U.S. President Donald Trump listens as Indian Prime Minister Narendra Modi speaks during a joint press conference in the East Room at the White House on February 13, 2025 in Washington, DC. Alex Wong | Getty Images News | Getty Images Tariffs from U.S. President Donald Trump could push allies to forge closer relationships with…
