Ozgur Donmaz | Photodisc | Getty Images The U.S. job market has been showing signs of a gradual weakening. But new federal data issued Friday suggests it may have hit a long-awaited wall. “We’re finally in the eye of the hurricane,” Daniel Zhao, chief economist at career site Glassdoor, wrote in a note. “After months…
President Trump‘s trade war has already loomed large over the back-to-school and holiday season ordering of retailers. Spring season is next, and it is occurring just as Trump’s latest sweeping global tariffs take effect. While Spring 2026 may seem relatively far off into the future, for retailers, now is the time of year when they…
U.S. President Donald Trump points a finger as he delivers remarks in the Roosevelt Room at the White House in Washington, D.C., U.S., July 31, 2025. Kent Nishimura | Reuters U.S. President Donald Trump signed an executive order Thursday that confirmed “reciprocal” tariffs on dozens of countries, with updated duties ranging from 10% to 41%….
A federal appeals court appeared skeptical Thursday of arguments from a Justice Department lawyer defending President Donald Trump‘s global tariff regime. Trump has claimed he has the power to impose a vast array of new tariffs under the International Emergency Economic Powers Act. His use of that statute is the first time since it became…
Treasury yields moved higher on Wednesday after the Federal Reserve kept interest rates unchanged and after the U.S. economy grew at a faster-than-expected pace in the second quarter. The 10-year Treasury yield rose 4 basis points to 4.368%. The 2-year yield was up 7.2 basis points at 3.947% and the 30-year bond yield added 2.7 basis points to 4.897%. Prices…
A cargo ship loads and unloads foreign trade containers at Qingdao Port in Qingdao, Shandong Province, China, on July 25, 2025. Nurphoto | Nurphoto | Getty Images Exports from China to the U.S. could fall by close to a half-trillion dollars ($485 billion) between now and 2027, according to a tariff simulator that forecasts shifts…
President Donald Trump said Monday that he will likely implement a blanket tariff between 15 and 20% on imports to the United States from countries that have not negotiated separate trade agreements. “For the world, I would say it’ll be somewhere in the 15 to 20% range … I just want to be nice,” Trump…
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…
About 14% of all U.S. households make $200,000 or more per year, according to 2023 Census data. But a significant salary hasn’t translated to big account balances for some of these consumers — which experts have dubbed “HENRYs,” or “high earners, not rich yet.” Rising costs, debt and lifestyle creep can leave them feeling stuck,…
U.S. President Donald Trump and British Prime Minister Keir Starmer react after picking up the trade agreement with the U.K. papers that Trump dropped as they speak to the media during the G7 summit in Kananaskis, Alberta, Canada, June 16, 2025. Kevin Lamarque | Reuters President Donald Trump‘s sweeping tariff powers and recent trade deals…
