People visit the US luxury brand Coach store at a shopping mall in Beijing. Adek Berry | Afp | Getty Images China’s consumer prices fell more than expected in August while deflation in factory-gate prices persisted, as calls mounted for Beijing to ramp up measures to bolster sluggish domestic demand and cushion weakening exports growth. The…
Lisa Cook takes the oath of office to serve as a member of the Board of Governors at the Federal Reserve System during a ceremony at the William McChesney Martin Jr. Building of the Federal Reserve May 23, 2022 in Washington, DC. Drew Angerer | Getty Images A federal judge on Tuesday night blocked President…
FILE PHOTO: U.S. President Donald Trump talks to the press on the South Lawn of the White House, in Washington, U.S., September 7, 2025. Annabelle Gordon | Reuters U.S. President Donald Trump has asked the European Union to hit China and India with tariffs of up to 100% over the countries’ Russia oil purchases, in…
The city skyline of Lujiazui Shanghai Center in China, on March 13, 2024. Cfoto | Future Publishing | Getty Images Asia-Pacific markets opened mostly higher Wednesday ahead of key August inflation data from China. The mainland’s August consumer price index is expected to fall 0.2% from the previous year, according to economists polled by Reuters,…
The Supreme Court on Tuesday granted the Trump administration’s request to hear its appeal of lower court rulings that many of President Donald Trump‘s wide-ranging tariffs are illegal. The Supreme Court also agreed with the administration’s request to consider the appeal on a faster-than-normal timeline. The court, in an order, said it would hear oral…
House Ways and Means Committee Chairman Jason Smith said Tuesday he would “respond accordingly” if President Donald Trump’s levies are overturned by the Supreme Court, but stopped short of pledging to move them through Congress. The Republican from Missouri said he has worked with the Trump administration “hand in glove” on tariffs, and he himself…
Oracle CEO Safra Catz, center, speaks during a dinner at the White House in Washington on Sept. 4, 2025. President Donald Trump hosted technology and business leaders for dinner after they joined First Lady Melania Trump’s meeting of the Artificial Intelligence Education Task Force at the White House. Alex Wong | Getty Images Oracle shares…
This image from video provided by U.S. Immigration and Customs Enforcement via DVIDS shows manufacturing plant employees being escorted outside the Hyundai Motor Group’s electric vehicle plant, Thursday, Sept. 4, 2025, in Ellabell, Ga. Corey Bullard/U.S. Immigration and Customs Enforcement via AP Last week’s sweeping immigration raid on a Hyundai facility in Georgia could spell…
JPMorgan Chase CEO Jamie Dimon said that a Labor Department report released Tuesday confirmed that the U.S. economy is slowing down. The department revised lower its nonfarm payrolls data for the year through March 2025 by 911,000 jobs from initial estimates. That was on the high side of Wall Street’s expectations for a downward shift…
Microsoft CEO Satya Nadella speaks at Axel Springer Neubau in Berlin on Oct. 17, 2023 Ben Kriemann | Getty Images Microsoft said on Tuesday that employees will be expected to work in an office three days a week starting next year. Employees that work near Microsoft’s headquarters in Redmond, Washington, or the Puget Sound area,…
