U.S. Customs reports ‘glitch’ in system used by freight shippers for tariffs
A Customs notice reported a glitch in a system shippers use to exempt freight from tariffs. Logistics experts say it…
BlackRock’s Larry Fink says U.S. is very close to a recession and may be in one now
The asset management executive spoke to CNBC about the state of the economy, which has been rattled by tariffs from…
Fed’s Kashkari says rising bond yields, falling dollar show investors are moving on from the U.S.
The trends are running counter to what you might normally see, the central bank official told CNBC. ...
10-year Treasury yield tops 4.5% after surge this week that’s worrying Wall Street and the White House
The 10-year Treasury yield was higher on Friday as the bond market sell-off resumed, influenced by U.S. President Donald Trump's…
Consumer sentiment tumbles in April as inflation fears spike, University of Michigan survey shows
The University of Michigan consumer survey's mid-month reading on sentiment fell to 50.8. ...
CEO discusses bringing battery plant back to US, competing with China
Eos Energy CEO Joe Mastrangelo discussed the battery company bringing its manufacturing back to the U.S. and competing with China…
US corporate bankruptcies rise to highest Q1 level since 2010
Corporate bankruptcies in the U.S. increased to their highest level in the first quarter since 2010, as firms with weaker…
Kevin O’Leary backs Trump tariffs to stop China from ‘killing small business in America’
"Shark Tank" Investor Kevin O’Leary argued in favor of new tariffs against China, arguing the status quo has destroyed American…
Former Senate attorney confirmed to FTC as commissioners fired by Trump continue legal fight
Mark Meador, who previously worked for the DOJ and Sen. Mike Lee, R-Utah, was confirmed on a party-line vote as…