Trump has nominated Howard Lutnick for commerce secretary. It’s a pivotal pick given that economic concerns helped fuel Trump’s win. Lutnick had been viewed as a...
Inflation’s downtrend may not be as straightforward as some investors think, according to Charles Schwab. The brokerage firm pointed to elements that could push prices higher,...
The tariffs Donald Trump proposed while campaigning could help create US semiconductor jobs. Tariffs could also help US chipmakers compete with companies abroad that sell chips...
High housing costs, driven in large part by a shortage of homes, are keeping inflation sticky. Trump has pledged to lower housing costs. Economists say Trump’s...
Europe’s economy could be negatively impacted by Trump’s proposed tariffs, economists say. They say the EU will need to employ some retaliatory measures but has to...
As America’s grocery king, Walmart sources a high share of its products from the US. Target, by contrast, relies more on merchandise that is often imported,...
Some shoppers and businesses are stockpiling goods to avoid potential price hikes from tariffs. President-elect Donald Trump has proposed sweeping tariffs on imported goods. For some,...
Trump’s proposed tariffs are expected to hurt companies with international supply chains. However, some areas of the market are set to benefit from less foreign competition....
Donald Trump’s election victory last week is already having an effect on global supply chains. While many firms are waiting to see what Trump’s trade policies...
President-elect Donald Trump proposed broad tariffs on imports, including up to 60% on goods from China. Economists say his tariff proposals could spike inflation as companies...
Europe could fall into recession in 2025 under Trump’s economic proposals, a major EU bank said. The eurozone may fall from “sluggish growth into a full-blown...
Tesla’s $10 billion Mexico gigafactory is in doubt after Donald Trump regained the presidency. Elon Musk paused the project before the election and warned that higher...