- The US real estate industry has been eager for interest-rate relief in recent years. But not quite like this.
- Recurring applications for US unemployment benefits rose to the highest since November 2021, adding to signs it’s proving more difficult for out-of-work people to reenter the workforce.
- Worries that long-term U.S. growth will fade could matter more for the currency than the mechanical impact of tariffs
- US President Donald Trump has defied decades of economic convention by imposing punitive tariffs on goods from some of the country’s most important trading partners.
- Former Treasury Secretary Lawrence Summers said the Trump administration’s looming tariff hikes are set to impose an oil crisis-like shock to the economy that shrinks its productive capacity — boosting both prices and unemployment.
- After decades of inertia, workers are now on the move. Why?
- China has taken steps to restrict local companies from investing in the US, according to people familiar with the matter, in a move that could give Beijing more leverage for potential trade negotiations with the Trump administration.
- Solar panel company names Robyn Liska as interim financial chief after starting restructuring talks with creditors
- The industry can’t continue to sit idly by while the secretary of Health and Human Services guts the nation’s public health agencies.
- A record share of homes purchased in 2024 were for ‘multigenerational’ living as inflation and high-housing costs crimp household budgets.
- President Donald Trump will announce his reciprocal tariff push on Wednesday during an event in the White House Rose Garden, his top spokeswoman said.
- Today’s newsletter looks at the uncertain future of FEMA and what it means for the US government’s flood insurance program. For unlimited access to climate and energy news, please subscribe.
- Americans with federal debt are facing financial consequences for missed payments after a long pandemic pause.
- Oaktree Capital Management LP is seeking investors for its latest fund focusing on corporate special situations, according to people familiar with the matter, as a global trade war darkens the outlook for businesses.
- Monday is the deadline for firms to offer price concessions and suggest other cuts
- Now a third of Costco’s annual sales, store brand Kirkland is a draw for shoppers and a negotiating tool with suppliers.
- The online mortgage provider Rocket Cos. is acquiring Mr. Cooper Group Inc. in an all-stock deal valued at $9.4 billion that will create a mortgage behemoth that handles one in every six mortgages in the US.
- The intensifying global trade war is heightening risks of a sharp growth slowdown in the US and upending investors’ portfolios.
- Goods prices are rising after decades of deflation, and Trump’s tariffs will give an added push
- Rising anti-American sentiment in Europe as President Donald Trump’s policies ruffle feathers is ushering in a shift in consumer behavior, not least in attitudes toward American goods.
- VUMC prepares for $250M in cuts following Trump administration actions.
- Price hikes have moved the Happiest Place on Earth out of reach for many Americans, alienating parkgoers and worrying executives
- The auto industry is braced for a bumpy ride as sweeping tariffs threaten to suppress profit margins, undermine credit quality and make it harder for risky companies to refinance.
- US Defense Secretary Pete Hegseth signed a memorandum that aims to reduce the Department of Defense’s civilian workforce as the federal government seeks to cut spending.
- CoreWeave Inc. slipped 2.5% in its market debut after the cloud-computing provider raised $1.5 billion in a downsized initial public offering.
- Lululemon Athletica Inc. shares dropped after the yogawear brand delivered a disappointing outlook for the year and voiced concerns about consumer spending in the US.
- The threat came in a call earlier this month, leaving CEOs worried they would face punishment if prices go up.
- The Signal group chat is only the latest in a string of self-inflicted wounds by the new administration.
- The Oracle of Omaha and Superman have a long history of selling at the right time. What do they see?
- The US Department of Defense said it will terminate a plan to use Oracle Corp. software to manage its civilian workforce as part of the Pentagon’s cost-cutting efforts.
- The gloomy sentiment around Reddit Inc. has failed to dissipate after its shares fell 50% from a February high, with volatile technology stocks under pressure.
- Elon Musk, the billionaire running President Donald Trump’s federal cost cutting effort, said he plans to slash $1 trillion in government spending by the end of May.
- But to what end?
- President Donald Trump’s promised tariffs on softwood lumber risk disrupting the supply chain for something nobody wants to be caught without: toilet paper.
- President Donald Trump’s promised tariffs on softwood lumber risk disrupting the supply chain for something nobody wants to be caught without: toilet paper.
- Gay Valimont and Josh Weil are hoping to flip two seats. Even if they lose, a close race would show weakening support for the president.
- One state wants to reduce lawsuit abuse, the other to make it easier.
- HHS plans to lay off 10,000 full-time employees in a “dramatic restructuring” that the agency said is expected to save taxpayers $1.8 billion annually. The plan is in line with President Donald Trump’s Department of Government Efficiency initiative led by Elon Musk. In combination with other HHS restructuring efforts that include early retirement and buyout […]
- Avian flu has driven prices for the versatile food to record highs in America
- Some of America’s allies are rethinking their interest in buying the stealth fighter jet
- Claim came to the U.S. attorney’s office in Manhattan via Pfizer rival GSK
- United Parcel Service Inc. is launching a new tool for online shoppers to automatically see the added cost of tariffs that are increasingly flummoxing international shippers.
- Threat of US tariffs and growing global demand seen as likely to support prices
- Austan Goolsbee’s warning comes after key survey shows consumers expect soaring price growth
- A duo of private-equity firms is set to buy the discount chain
- Benchmark borrowing costs in Japan notched a new multiyear high Wednesday, after the head of the country's central bank bolstered expectations for a further tightening in monetary policy.The 10-year yield settled at 1.587%.That was the highest October 2008, according to Dow Jones Market Data.Go d
- Commission issues 30-step plan for dealing with increased threats including Russian aggression
- Plenty, which filed for Chapter 11 bankruptcy protection this week, had raised $400M in venture funding over the years.
- The US Treasury is planning to lay off a “substantial number” of employees through an effort to reduce the size of the US government led by Elon Musk, according to language submitted in a court case by an official at the department.
