Ford Motor said on Monday that the Trump administration’s tariff policies were likely to lower its 2025 profit, before interest and taxes, by about $1.5 […]
Category: Economy
Economy News
Scott Bessent Urges Investors to Bet on Trump’s Economic Plan
Treasury Secretary Scott Bessent urged skittish global business leaders on Monday to ignore President Trump’s economic naysayers and ramp up investment in the United States, […]
Would the Housing Crisis Ease if Boomers Rented Out Their Empty Rooms?
Monte Anderson opened a broom closet in his kitchen and pointed to a door handle near a mop and a trash can. Somewhere on the […]
‘People Who Are Salaried Are Crying’: Taxes on Workers Add to Debt Misery
The pay stubs tell the story. Hefty deductions to help cover the cost of Kenya’s new funds for affordable housing and health insurance. More money […]
Oil Prices Are Falling. Here’s Where That Could Spell Trouble.
Oil producing countries are bracing for a bumpy ride this year, with a precipitous drop in prices to the lowest levels in four years seen […]
For the U.S. and China, the Only Talking Is About Whether to Talk
As trade tensions flared between the world’s largest economies, communication between the United States and China has been so shaky that the two superpowers cannot […]
Trump Ends Chinese Tariff Loophole, Raising the Cost of Online Goods
The Trump administration on Friday officially eliminated a loophole that had allowed American shoppers to buy cheap goods from China without paying tariffs. The move […]
In Trade War Clash With Trump, China Refuses to Take the Bait
If the trade war between China and the United States is a game of high-stakes brinkmanship, it is currently a game that Beijing is not […]
China Rejects Trump Claim of Tariff Talks With Xi
President Trump, whose trade war with China has rattled financial markets and threatened to disrupt huge swaths of trade, suggested on Friday that he had […]
Europe’s Pharma Industry Braces for Pain as Trump Tariff Threat Looms
Insulin, heart treatments and antibiotics have flowed freely across many borders for decades, exempt from tariffs in a bid to make medicine affordable. But that […]