In this photo provided by the Ukrainian Presidential Press Office, Ukraine’s President Volodymyr Zelenskyy, right, and President Donald Trump, talk as they attend the funeral of Pope Francis in Vatican, Saturday, April 26, 2025. Ukrainian Presidential Press Office via AP U.S. President Donald Trump on Saturday floated the possibility of stronger sanctions on Moscow and … Read more
A person works at the Amazon warehouse, busy on Prime Day, in Melville, New York, July 11, 2023. Soren Larson | Reuters For 10 years, Aaron Cordovez has been selling kitchen appliances on Amazon. Now he’s in a bind, because most of his products are manufactured in China. Cordovez, co-founder of Zulay Kitchen, said his … Read more
US President Donald Trump speaks during a bilateral meeting with Prime Minister of Norway Jonas Gahr Store in the Oval Office of the White House in Washington, DC, on April 24, 2025. Saul Loeb | Afp | Getty Images President Donald Trump denied that a strong bond market sell-off influenced his decision earlier this month … Read more
Companies in March accelerated their orders for big-ticket long-lasting goods ahead of President Donald Trump‘s aggressive tariffs on U.S. imports, the Commerce Department reported Thursday. So-called durable goods orders soared a seasonally adjusted 9.2% on the month, up from a 0.9% gain in February and well ahead of the Dow Jones forecast for a 1.6% … Read more
A “For Sale” sign stands at a house in Miami, Florida, U.S. April 16, 2025. Marco Bello | Reuters Higher mortgage rates and concern over the broader economy are making for a weak start to the all-important spring housing market. Sales of previously owned homes in March fell 5.9% from February to 4.02 million units … Read more
Cleveland Fed President Beth Hammack said Thursday she thinks policymakers need to be patient rather than preemptive in assessing how tariffs will impact inflation and growth. In her first broadcast interview since taking the reins at the central bank district in August 2024, Hammack noted the high level of uncertainty now and did not commit … Read more
Businesses dealing with the early stages of President Donald Trump’s tariffs are looking for ways to pass increasing costs onto consumers, according to a Federal Reserve report Wednesday. As Trump ordered against-the-board levies on U.S. imports and higher duties on Chinese products, the Fed’s Beige Book indicated how they plan to proceed. Companies reported getting … Read more
Tourists look at the Bridge of Sighs in Venice, Italy, on Aug. 25, 2021. Andrea Merola | Bloomberg | Getty Images Caroline Smith, an accounting director from Verona, New Jersey, and her husband took their two children to Italy for Easter break this month. On the Spanish Steps in Rome, they ran into another family … Read more
U.S. President Donald Trump talks to the media, next to Tesla CEO Elon Musk with his son X Æ A-12, at the White House in Washington, D.C., U.S., March 11, 2025. Kevin Lamarque | Reuters Elon Musk said on Tuesday that he doesn’t like high or unpredictable tariffs, but any decision on what happens with … Read more
Treasury Secretary Scott Bessent told investors in a closed-door meeting Tuesday he expects “there will be a de-escalation” in President Donald Trump‘s trade war with China in the “very near future,” a person in the room told CNBC. “No one thinks the current status quo is sustainable” with tariff rates at their current levels, Bessent … Read more