U.S. Secretary of the Treasury Scott Bessent walks to speak to the news media about the latest tariff announcement from President Donald Trump, at the White…
US stock markets suffered more significant losses on Wednesday, with stocks in leading AI chipmakers slumping after firms said new restrictions on exports to China would…
A Walmart Supercenter in Burbank, California, on Nov. 21, 2024.Allen J. Schaben | Los Angeles Times | Getty ImagesDALLAS — Walmart on Wednesday scrapped its outlook…
A general view of the container terminal in Qianwan of Qingdao Port, a port in Shandong Province, China, March 17, 2023.CFOTO | Future Publishing | Getty…
President Donald Trump’s pause on sweeping global tariffs while keeping the pressure on China was good for a glorious, one-day rally last Wednesday. But, the next…
Hong Kong will increase the pace of attracting foreign investment, talent and initial public offerings (IPOs) and step up scrutiny of financial markets amid sweeping external…
President Donald Trump’s aggressive tariff policy on April 2 didn’t just cause mayhem in the stock market. It sent Amazon sellers into a panic.Many sellers on…
For China, soaring U.S. tariffs are “a joke,” as Chinese officials put it Friday, while sharply hiking levies on American imports. Investors aren’t laughing. Stocks in the…
U.S. President Donald Trump holds up a chart while speaking during a “Make America Wealthy Again” trade announcement on April 2, 2025 in Washington, DC.Chip Somodevilla…
Another economist believes the economic turmoil spawned from President Trump’s tariffs will push an already slowing US economy into recession. “We are going into a recession,”…