The current tariff strategy draws worrisome comparisons, but there are significant differences.

WASHINGTON (Reuters) -U.S. Treasury Secretary Scott Bessent on Tuesday said he was hopeful the Senate would confirm Stephen Miran, now chair of the Council of Economic Advisers, to fill a temporary vacancy on the Federal Reserve board before its next meet

WASHINGTON (Reuters) -U.S. trade officials will meet again with their Chinese counterparts within the next two or three months to discuss the future of the economic relationship between the two countries, Treasury Secretary Scott Bessent said on Tuesday,

The U.S. government’s gross national debt has surpassed $37 trillion, a record number that highlights the accelerating debt on America’s balance sheet and increased cost pressures on taxpayers. The $37 trillion update is found in the latest Treasury Depa

Tax preparation company H&R Block (NYSE:HRB) announced better-than-expected revenue in Q2 CY2025, with sales up 4.6% year on year to $1.11 billion. The company’s full-year revenue guidance of $3.89 billion at the midpoint came in 1.5% above analysts’ esti

The U.S. national debt surpassed a historic $37 trillion milestone for first time as Treasury Department data shows federal government accumulating debt at rapid pace.

Days after Goldman Sachs’ top economists published research claiming price increases stemming from higher tariffs are poised to soon be borne mostly by consumers, President Donald Trump is urging the bank’s CEO, David Solomon, to get a new economist.

A number of stocks jumped in the afternoon session after a key inflation report met expectations, bolstering hopes for a Federal Reserve interest rate cut, while a separate report indicated rising optimism among small businesses. The July Consumer Price I

A number of stocks jumped in the afternoon session after a key inflation report met expectations, bolstering hopes for a Federal Reserve interest rate cut, while a separate report indicated rising optimism among small businesses. The July Consumer Price I

NEW YORK (Reuters) -Investors are betting harder on a September Federal Reserve interest rate cut after last month's mild inflation bump, which indicated the pass-through from President Donald Trump's sweeping import duties to goods prices has so far been

President Donald Trump instituted tariffs that he said would help boost American manufacturing, enabling businesses to offer more products made domestically. However, price-conscious buyers are more focused on a product’s price than where it’s made, a new

Our editorial team dives into the pharma industry's reaction to US tariffs on imports from the European Union and major trends from Q2 earnings calls.

July gas prices were down 2.2% from June, according to the Labor Department. Why prices could continue to slip in the months ahead.

Tariff-related revenues topped $27 billion in July, a new monthly record.