To prepare for a slowdown of global trade, US retailers spent months building a massive inventory to prevent empty shelves.
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IBM is booting up its domestic production, setting aside $150 billion to make computers in the US over the next five years.
Canada’s Liberal Party won a majority promising to distance the country from the US, a major importer of Canadian crude.
Both independent broker-dealers reported earnings that missed the mark in some segments.
As the trade war rages on, big box stores are fearful of big empty shelves. And they’re letting the White House know it.
Three titans of the US defense industry — Lockheed Martin, RTX, and Northrop Grumman — signalled tariffs are going to be bad for business.
With President Trump now in his second term, estate tax policy has once again taken center stage.
Hertz’s recent track record leaves much to be desired: the rental-car company lost nearly $2.9 billion last year.
China is a top global producer of 30 of the 50 minerals the US considers critical, and is sources more than half of the US annual supply.
Altera specializes in a type of semiconductor that’s used in a variety of industries including telecom, defense, and robotics.
As a share of US GDP, the manufacturing sector has decreased from a nearly 25% peak in the 1950s to about 11% today.
The Budget Lab projects that, with the current tariff levels, US and Chinese economies would both be 0.6% smaller in the long run.
That’s right: CPI fell 0.1% in March, according to the US Labor Department, marking the first month-over-month decline since May 2020.
A handful of retail executives hinted this week that they are eyeing some strategic advantages and opportunities amid the trade war.
When yields rise, it suggests a selloff, and it also means likely higher costs of borrowing for companies as well as the government.
China’s Commerce Ministry vowed to “fight to the end” on Tuesday as Trump greenlit whopping 104% tariffs on its economy.