Detroit’s automakers plan to argue to the Trump administration that its proposals for a revised North American trade deal could cost the companies billions of dollars and hurt their competitiveness with foreign rivals… ...
Many companies appear to have received the money with remarkable speed. So far, over 40 S&P 500 companies have reported some $9.6 billion in refunds in the past quarter or so… ...
July’s inflation report was close enough to expectations to ease pressure on the Federal Reserve to raise interest rates next month without resolving much about the outlook beyond that… ...
Even as the US and Japan have shown rare unity in moving to strengthen the yen, a fundamental tension between Scott Bessent and Sanae Takaichi over the Bank of Japan risks undermining their efforts… ...
Individual investors are sitting on a mountain of it. There is over $3 trillion in retail money-market funds, hovering around a record high… ...
Pakistan said on Tuesday the United States and Iran were close to “some sort” of deal, and fellow mediator Qatar said talks on managing the Strait of Hormuz were at an advanced stage… ...
US forces fired on a Panama-flagged ship that attempted to run the American blockade of Iranian ports early Tuesday stepping up enforcement as the Trump administration attempts to squeeze the regime economically… ...