Trump tariffs to survive, Bessent predicts
Scott Bessent, US treasury secretary, during an Economic Club of Minnesota event in Golden Valley, Minnesota, US, on…
J&J strikes deal with US government to cut drug prices, gain tariff exemptions
Johnson & Johnson said on Thursday that it has reached an agreement with the U.S. President administration to…
Trade Gap Shrinks to Smallest Since 2009 on Imports Drop
The U.S. trade deficit unexpectedly narrowed in October to the smallest since 2009 on a sharp pullback in…
Australian meat industry warns China’s new beef tariff impact will be ‘severe’
An Australian meat industry peak body says China’s move to impose an added 55 per cent tariff on…
China won the 2025 battle in Trump’s trade war. Here’s what comes next
U.S. President Donald Trump shakes hands with Chinese President Xi Jinping as they hold a bilateral meeting at…
How tariffs and inflation are reshaping consumers’ holiday shopping
Consumers stepped up gift giving during the first seven weeks of the holiday shopping season, according to new…
California unemployment rises in September as forecast predicts slow jobs growth
California lost jobs for the fourth consecutive month in September — and it’s expected to add only 62,000…
Leaked Memo: Meta Plans Price Hikes for Its Virtual Reality Devices
Meta is planning to raise prices for its virtual reality devices, executives said in an internal memo seen…
Will tariffs increase prices for holiday shoppers? Here’s what the data shows
Tariffs could push up prices for holiday shoppers this year, but experts say the impact may be smaller…
US Retail Sales Lose Steam, Consumer Confidence Falls As Costs Bite
US retail sales lost momentum in September and firms grappled with an uptick in business costs, government data…