Finance

Trump plans a hefty tax on imported drugs, risking higher prices and shortages

WASHINGTON (AP) — President Donald Trump has plastered tariffs on products from almost every country on earth. He’s targeted specific imports including autos, steel and aluminum. But

Finance

From rail strikes to white pants, the Gilded Age shaped both Labor Day and America’s summer economy

From barbecues to getaways to shopping the sales, many people across the U.S. mark Labor Day — the federal holiday celebrating the American worker —

Finance

The markets’ reaction to Trump hides a darker truth that puts the American economy at risk, Piper Sandler warns

“American exceptionalism” has meant different things at different points in time. At heart, the belief that there’s something distinct and unique about America goes back

Finance

We built a $1 billion tech unicorn in Europe, living proof that our economy is just as dynamic as America’s. Success comes down to three core principles

The world tends to see Europe as fragmented, bureaucratic, and underfunded — a tough place to build global companies. But those very constraints are why

Finance

Trump calls on Fed governor to resign after cabinet member raises accusation of mortgage fraud

President Donald Trump on Wednesday called on Federal Reserve governor Lisa Cook to resign after a member of his administration accused Cook of committing mortgage fraud, the

Finance

Putin agreed to let US, Europe offer NATO-style security protections for Ukraine, Trump envoy says

Special U.S. envoy Steve Witkoff said Sunday that Russian leader Vladimir Putin agreed at his summit with President Donald Trump to allow the U.S. and

Finance

New York sues Zelle after Trump’s CFBC drops similar case: ‘No one should be left to fend for themselves after falling victim to a scam’

New York’s attorney general on Wednesday sued the parent company of the Zelle payment platform, months after the federal Consumer Financial Protection Bureau abandoned a similar case

Finance

Are U.S. stock markets ‘whistling past the graveyard?’ Stifel takes a close look at the great American ‘money illusion’

A question looms over Wall Street as it digests the stock-market highs in the dog days of summer 2025: is this another version of the

Finance

America’s F-35 is stealthy in combat but lights up the radar in Trump’s trade war

Countries seeking to retaliate against President Donald Trump’s tariffs or security policies have made the F-35 stealth fighter a ripe target. The latest blowback came

Finance

DOGE cuts ‘act like a corrosive’ on labor stats revisions and U.S. economy, warns Moody’s Mark Zandi

Elon Musk’s DOGE may have completed much of its work in the federal bureaucracy, but the trickle-down effect from Musk’s chainsaw contributed to the downward