Trump cuts deadline for Russia peace with Ukraine

U.S. President Donald Trump reacts as he meets British Prime Minister Keir Starmer for bilateral talks at Trump Turnberry golf club on July 28, 2025 in Turnberry, Scotland. Andrew Harnik | Getty Images News | Getty Images President Donald Trump said Monday he is giving Russian President Vladimir Putin less than two weeks to either…

Read More

How U.S.-EU trade deal impacts imports

18 July 2025, Bremen, Bremerhaven: Containers are handled at the overseas port. Picture Alliance | Picture Alliance | Getty Images A tariff simulator shows a dramatic drop in global exports to the U.S. as a result of President Donald Trump new trade deal with the European Union. On Sunday, Trump announced a trade deal with the EU, following…

Read More

Trump announces EU trade deal with 15% tariffs

U.S. President Donald Trump shakes hands with European Commission President Ursula von der Leyen, after the announcement of a trade deal between the U.S. and EU, in Turnberry, Scotland, on July 27, 2025. Evelyn Hockstein | Reuters President Donald Trump announced Sunday that the U.S. reached a trade deal with the European Union, following pivotal…

Read More

Under Trump, U.S. an active investor at scale not seen outside major crises

The Trump administration has taken direct stakes in companies on a scale rarely seen in the U.S. outside wartime or economic crisis, pushing a Republican Party that traditionally championed free-market capitalism to embrace state intervention in industries viewed as important for national security. Japan’s Nippon Steel agreed to give President Donald Trump a “golden share”…

Read More

Luxury shopper recovery faces four key headwinds

The 19-story façade of the Louis Vuitton luxury store stands wrapped in a design reminiscent of their monogrammed trunks in Manhattan, New York City. Spencer Platt | Getty Images News | Getty Images High-end spenders are painting a mixed picture when it comes to the luxury market’s long-awaited recovery, with softer sales still weighing on…

Read More