Trump says U.S. struck trade deal with Vietnam that imposes 20% tariff on its imports
Vietnam, whose exports to the U.S. reportedly comprised 30% of its gross domestic product last year, is especially vulnerable to…
Category: Economy
House GOP infighting stalls Trump’s tax bill
Speaker Mike Johnson can lose just three members' votes and still pass the bill in a party-line vote. But more…
With June jobs report looming, DOGE government layoffs could start becoming a factor
A gradual pullback in hiring and job openings has come as hundreds of thousands of federal workers are out looking…
Ford sales jump 14% in the second quarter, well above industry forecast
Ford sales rose 14.2% during the second quarter over the year-earlier period, about 10 times the estimated 1.4% industry increase,…
Powell confirms that the Fed would have cut by now were it not for tariffs
The U.S. central bank would likely have begun cutting interest rates again if not for the plan to enact higher…
Cliff Asness’ AQR sees multiple hedge funds up double digits in 2025, beating the market
The Apex strategy from Cliff Asness' firm combines stocks, macro and arbitrage trades. ...
Trump’s bill gets a boost as Senate Republicans say they have a deal
Republican leadership has for days worked to try to secure enough votes in the upper chamber to push President Donald…
Tesla shares tumble after Trump says DOGE should look at Elon Musk’s subsidies
Musk, who supported Trump's campaign and also served as an adviser to the White House, has criticized the tax and…
Sen. Thom Tillis says he won’t seek re-election after opposing Trump megabill
Sen. Thom Tillis' announcement is likely to spur a competitive and costly election in the key battleground. ...