People watch as the Doris Ocean container ship departs from the Port of Los Angeles, in Los Angeles, May 28, 2026. Mario Tama | Getty Images President Donald Trump‘s global “liberation day” tariffs were struck down in the courts, shattering the cornerstone of his trade agenda. Some trade experts say his newest duties could meet…
Asia-pacific Images Studio | E+ | Getty Images The Federal Reserve sets national interest rate policy. But the U.S. central bank isn’t the only major player in this arena: Bond investors also have a big influence on consumers’ borrowing costs. Many types of consumer loans — such as mortgages and auto loans — often peg…
Gas prices are rising again following a sharp escalation of the war in Iran. And as Americans look for ways to save money at the pump, many are turning to Costco’s gas stations for cheaper fuel. Demand for Costco’s gasoline reached record levels during the quarter ended May 10, though the company didn’t disclose sales…
The White House is visited by tourists on July 17, 2025 in Washington, DC. Michael M. Santiago | Getty Images Nvidia, Microsoft, Meta, Palantir and more than 20 other companies released a letter on Friday urging policymakers to avoid “premature restrictions” on open-weight artificial intelligence models that would “stifle competition or drive innovation overseas.” Open-weight…
A_Carina | iStock | Getty Images U.S. Treasury yields retreated on Friday after briefly hitting the highest level since January 2025 the day before, when Brent crude oil’s climb above $100 per barrel reignited inflationary fears. The yield on the 10-year U.S. Treasury note — the key benchmark for mortgage and auto loans and credit…
Soldiers from the US Army in a simulated village during the Combined Resolve “Greywolves” exercise at the US military Hohenfels Training Area in Hohenfels, Germany, on Thursday, April 30, 2026. Alex Kraus | Bloomberg | Getty Images The Pentagon lowered its official death toll for the Iran war to 14 from 18 in the space…
US President Donald Trump speaks to reporters after landing in Air Force One on July 19, 2026 in Joint Base Andrews, Maryland. Andrew Harnik | Getty Images U.S. President Donald Trump said he will soon make a decision on whether to launch a “massive attack” on Iran after the conflict in the Middle East extended…
A German national flag on a barge near the Volkswagen AG factory in Wolfsburg, Germany, on Tuesday, March 10, 2026. Bloomberg | Bloomberg | Getty Images Volkswagen reported weaker-than-expected second-quarter profits on Friday and scrapped hope for sales revenue growth in 2026, as the German auto giant lays the groundwork for a radical overhaul of…
A visitor walks next to the logo of the Indian multinational pharmaceutical company Dr. Reddy’s Laboratories during the Bio Asia 2026 summit in Hyderabad, Telangana, India, on February 18, 2026. (Photo by Jwala Kotesh/NurPhoto via Getty Images) Nurphoto | Nurphoto | Getty Images U.S. President Donald Trump’s proposed tariffs on generic drugs will increase the…
US President Donald Trump speaks at Wheeler High School, in Marietta, Georgia, on July 22, 2026. Saul Loeb | AFP | Getty Images U.S. trading partners from Canberra to Brasília have rejected the forced-labor rationale behind President Donald Trump’s new global tariffs, while most signaled they would keep negotiating rather than retaliate. The Office of…
