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Published Mon, May 26 2025Sweden-based automaker Volvo Cars on Monday said it would cut around 3,000 jobs as part of a major cost-cutting drive. The move comes after the company, which is owned by China’s Geely Holding, announced an 18 billion...
Mon, May 26, 2025 Federal Reserve Bank of Minneapolis President Neel Kashkari said major shifts in US trade and immigration policy are creating uncertainty for Fed officials to move on interest rates before September, as the Trump administration con...
Mon, May 26, 2025Emerging market currencies rose, as President Donald Trump’s move to extend a deadline for aggressive tariffs on the European Union bolstered risk appetite. JPMorgan’s Emerging Market Currency Index edged higher, on track to...
529 accounts have more tax advantages for parents saving for their kids' education. Updated Sun, May 25, 2025 Pretty soon, every newborn American could be the proud owner of their very own “Trump account.” The Republican party’s “o...
Updated Sun, May 25, 2025The Federal Reserve may take comfort that tariffs have yet to materially boost official inflation readings, but policymakers will continue to suggest interest rates are on hold until they better understand the coming impact...
Sat, May 24, 2025The US dollar slumped to its lowest level since 2023 as new tariff threats from President Donald Trump and the risk of a widening fiscal deficit drag on the currency’s appeal. The Bloomberg Dollar Spot Index fell as much as 0....
President Donald Trump dug in on his threat to impose a 50% tariff on the European Union and said a potential 25% charge on smartphones would apply to all foreign-made devices, in the latest escalation of a trade war that is rattling markets and con...
Crypto investor Nicholas Pinto attends President Donald Trump’s gala dinner for people who spent the most money on Trump’s meme coin, $TRUMP, in a contest, at Trump National Golf Club in Potomac Falls, Virginia, May 22, 2025. Published Fri, M...
US President Donald Trump prepares to sign executive orders in the Oval Office of the White House in Washington, DC, on May 23, 2025. FRI, MAY 23 2025President Trump’s social media tariffs threats against Apple and the European Union reflect a...
US President Donald Trump has said he is recommending a 50% tariff on all goods from the European Union being imported to the United States. "Our discussions with them are going nowhere!" he wrote in a post on social media on Friday....
Fri, May 23, 2025A German consumer rights group on Friday failed to win a court injunction to stop Meta Platforms from training its artificial intelligence models with Facebook and Instagram user posts. The court in the western city of Cologne...
Thu, May 22 2025Bitcoin continued its rally on Thursday, hitting a brand new record high above $111,000. Bitcoin hit $111,886.41 in early trading hours in London, according to Coin Metrics, before paring some of those gains to trade at around $1...