Breaking News: Economy

China freight ship decline begins, demand plummets
Aerial view of the import and export container terminal of Longtan Port on December 26, 2024 in Nanjing, Jiangsu Province ...

Powell indicates tariffs could pose a two-pronged policy challenge for the Fed
Federal Reserve Chair Jerome Powell expressed concern in a speech Wednesday that the central bank could find itself in a ...

Tariffs have generated $500 million since April 5
Shipping containers, including one of China Shipping, lie on flatbed railway cars as dock cranes stand behind at Hamburg Port ...

California suing Trump to stop tariffs
US President Donald Trump and First Lady Melania Trump are greeted by California Governor Gavin Newson upon arrival at Los ...

The European Union braces for more U.S. tariffs despite talks
In this photo illustration, a double exposure images shows U.S. President Donald Trump against the EU flag. Sopa Images | ...

United Airlines (UAL) Q1 2025 earnings
A United Airlines Boeing 767 passenger aircraft approaches Newark Liberty International Airport as trucks travel near the Port Jersey Container ...

U.S. Treasurys selloff: what happened and why
The statue of Albert Gallatin stands outside the U.S. Department of the Treasury building in Washington, D.C. Andrew Harrer | ...

Harvard has $2.2 billion grants frozen by Trump administration
A person runs past Dunster House at Harvard University in Cambridge, Massachusetts, March 17, 2025. Scott Eisen | Getty Images ...

Tariffs won’t bring manufacturing back to US: Supply chain survey
A worker rests in a factory making steel bike rims for export to the U.S. in Hangzhou in east China’s ...

Fed Governor Waller sees tariff inflation as ‘transitory’ in ‘Tush Push’ comparison
Federal Reserve Governor Christopher Waller speaks during The Clearing House Annual Conference in New York City, U.S. November 12, 2024. ...