Tariff
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Economy
UK Finance Minister Rachel Reeves’ spending plans risk creating ‘a snowball effect’ that pushes borrowing costs higher
LONDON, UNITED KINGDOM – MARCH 26, 2025: Britain’s Chancellor of the Exchequer Rachel Reeves leaves 11 Downing Street ahead of…
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Finance
Here’s the inflation breakdown for May 2025 — in one chart
David Paul Morris/Bloomberg via Getty Images The annual inflation rate increased slightly in May as an uptick in grocery inflation…
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Finance
‘Big Short’ investor Steve Eisman: Tariffs are my only concern
Investor Steve Eisman of “The Big Short” fame thinks it’s dangerous to chase upside right now. “I have one concern,…
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Finance
Trump tariffs would still ‘pinch’ consumers even if trade court block holds, economist says
President Donald Trump holds a chart as he announces a plan for tariffs on imported goods during an event April…
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Economy
Consumer confidence for May was much stronger than expected on optimism for trade deals
Consumer optimism got a much-needed boost in May on hopes for trade peace between the U.S. and China, according to…
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Finance
Walmart’s former U.S. CEO Bill Simon thinks retailer can easily absorb tariff costs, criticizes its ‘doom and gloom’ commentary
Walmart‘s business is strong enough to withstand tariff headwinds without increasing its prices, according to the discount retailer’s former U.S.…
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Economy
JPMorgan Chase CEO Jamie Dimon says recession is still on the table for U.S.
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., speaks during the 2025 National Retirement Summit in Washington, DC,…
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Economy
Tariff receipts topped $16 billion in April, a record that helped cut the budget deficit
Shipping containers are seen at the port of Oakland, as trade tensions continued over U.S. tariffs with China, in Oakland,…
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Finance
After UK and China trade deals, tariff rate still highest since 1934, Yale report says
A cargo ship moors at the container terminal berth of Lianyungang Port for loading and unloading containers in Lianyungang City,…
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