The Latest Breaking News from Economy

The Trump administration and its allies say that cars are too expensive. These days, not many people would disagree, but the GOP's underlying target with those claims is often electric vehicles. Now, Trump's U.S. Transportation Department seems to be going after fuel economy rules that were used by the Biden administration…

Huw Pill says rate cuts could fuel inflation resurgence and urges colleagues to be cautious before making further cuts

Dimon's call for swift trade negotiations reflects urgency, as prolonged uncertainty could amplify negative effects, making them harder to reverse.

China’s central bank has cut its key lending rates to record lows to bolster the economy and cushion the impact of escalating trade tensions with the United States. The move follows a sweeping stimulus package announced earlier this month.

The Reserve Bank predicts trade uncertainty will cause Australia's GDP to grow 0.3 percentage points lower in 2025, shaving $8 billion off the economy.

Asian shares have advanced after China cut key interest rates as part of its effort to fend off malaise worsened by the trade war

The S&P 500 Index ($SPX ) (SPY ) Monday closed up +0.09%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.32%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.09%. June E-mini S&P futures (ESM25 ) are down -0.01%, and June E-mini Nasdaq futures...

The size and scope of the tariffs caught the Fed and businesses off guard, Bostic said.

Impact of agreements on food, energy and defence may not be huge but chancellor believes it will draw investors to UK