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While South Korean imports to the U.S. face 25% tariffs, the same as Trump promised in April, the rate on Japan has been raised by 1 percentage point to 25%.
Markets had a muted response to new tariffs, suggesting investors might be discounting the effects they could have on inflation and the economy.
Investors will also be keeping a close watch on a slew of data points from China today, including the producer and consumer price indexes for June.
CNBC’s Jim Cramer on Tuesday suggested individual investors are helping to drive market action.
The S&P 500 ended Tuesday marginally lower after President Donald Trump said that there would be no extensions on his new Aug. 1 tariff deadline.
The S&P 500 ended Tuesday marginally lower after President Donald Trump said that there would be no extensions on his new Aug. 1 tariff deadline.
So much for the Democrats' panic that the US is about to be hit with hyperinflation (because Toyota
Dan Ives, an analyst and longtime fan of Tesla, was scolded by Elon Musk on Tuesday after posting three steps he said the company’s board should take.
President Donald Trump’s tariffs have already driven up some prices, but they have not yet produced the overall inflation that many economists feared.
The statement by X is the latest development in an ongoing censorship legal battle between Musk’s social media site and Prime Minister Modi’s…
Sunak will take up the part-time role while remaining Conservative MP for Richmond and Northallerton.
Former U.K. Prime Minister Rishi Sunak is set to rejoin Goldman Sachs as a senior adviser, the bank said Tuesday.
Fears earlier this year that President Donald Trump’s tariffs would result in a sharp inflation spike have completely receded.
Boeing handed over 60 airplanes last month, the most since December 2023.
President Donald Trumps megabill raises the tax on some college endowments, which experts say could cause schools to hike tuition, cut financial aid or…
Trump’s “big beautiful” bill will also affect the pharmaceutical industry, while AI startups have pulled in the majority of digital health…
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Robinhood CEO Vlad Tenev says it’s not “entirely relevant” that the platform’s OpenAI and SpaceX stock tokens aren’t technically…
Saving more money is a perennial resolution, but emotions shouldn’t drive that habit, financial experts say. Instead, be intentional. Here’s how to…
Global markets shrugged off news of Trump’s latest tariffs, with both Asia-Pacific and Europe stocks staging a muted response Tuesday.