News

Don’t Count the Dollar Out Just Yet
In fact, even without the damage inflicted recently by Mr. Trump’s policies, it’s possible that the dollar would be declining anyway, if only because it had reached historically elevated...
Why Apple Warned About a $900 Million Tariff Hit
The worst is yet to comeWall Street had been anxiously awaiting the latest quarterly results from Amazon and Apple to see how badly the companies — of the so-called...
Transcript: Trump Spirals as Judge He Picked Delivers Harsh New Rebuke
Litman: Yeah. But I hold out hope, again, that these Alien Enemies Act cases, given the administration basically thumbing their nose at so many different district courts ... They...
Exxon and Chevron Report Lower Profits While Girding for Tariffs
The two largest U.S. oil companies reported their lowest first-quarter profits in years on Friday as they braced for the economic fallout from President Trump’s trade war, which has...
Hospitality hiring could slow as foreign tourists skip the U.S., for now.
A solid labor market has for months given the Federal Reserve comfort that it could hold off on interest rate cuts until it had more clarity about how President...
President Trump remains bullish, even as the economy flashes warning signs.
A solid labor market has for months given the Federal Reserve comfort that it could hold off on interest rate cuts until it had more clarity about how President...
After weeks of volatile trading, Friday’s report could set the tone on Wall Street.
May 2, 2025, 6:01 a.m. ETTraders at the New York Stock Exchange on Thursday.Credit...Richard Drew/Associated PressInvestors will be closely watching the jobs report on Friday for any signs that...
Meta and Blumhouse Create Chatbot That Encourages Phone Use During Movies
“Oh, wow, this is really cool,” Flannery Johnston, 28, said as the chatbot came to life, offering a personalized hello from M3GAN, the diabolical A.I. doll at the center...
Cadillac’s Road to Formula 1
In every sense, the clock is ticking on Cadillac’s entry into Formula 1 next year.In March, Cadillac, supported by General Motors and TWG Motorsports, received final approval from Formula...
Trump Ends Chinese Tariff Loophole, Raising the Cost of Online Goods
The Trump administration on Friday officially eliminated a loophole that had allowed American shoppers to buy cheap goods from China without paying tariffs. The move will help U.S. manufacturers...
How a U.S. Tax Loophole Supercharged China’s Exports
When Congress raised the threshold for imported goods to enter the United States tax-free to $800 from $200 nearly a decade ago, it threw open the door to the...
U.S. Payoff for Ukraine Minerals Deal Faces Many Hurdles
Now that the United States has secured a deal to share the rights to Ukraine’s mineral reserves — including elements crucial for a range of high-tech applications, from powering...