Toymaker Hasbro crushed expectations in its latest quarter, but its annual guidance hasn’t been updated to consider potential tariffs.
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Cleveland Fed President Beth Hammack said the central bank could be ready to take monetary policy action beginning in June.
As the trade war rages on, big box stores are fearful of big empty shelves. And they’re letting the White House know it.
Three titans of the US defense industry — Lockheed Martin, RTX, and Northrop Grumman — signalled tariffs are going to be bad for business.
The US dollar hit a three year low against a basket of currencies Monday, highlighting investor concerns about US assets.
China is a top global producer of 30 of the 50 minerals the US considers critical, and is sources more than half of the US annual supply.
Up to three new international shipping routes could be opened amid melting ice, shortening trips between Asia, Europe and North America.
As a share of US GDP, the manufacturing sector has decreased from a nearly 25% peak in the 1950s to about 11% today.
The Budget Lab projects that, with the current tariff levels, US and Chinese economies would both be 0.6% smaller in the long run.
That’s right: CPI fell 0.1% in March, according to the US Labor Department, marking the first month-over-month decline since May 2020.
When yields rise, it suggests a selloff, and it also means likely higher costs of borrowing for companies as well as the government.
Advisors are calling for an economic slowdown. The million-dollar question is how hard it will hit.
China’s Commerce Ministry vowed to “fight to the end” on Tuesday as Trump greenlit whopping 104% tariffs on its economy.
Jamie Dimon warned inflation is likely going up and Larry Fink said the economy might already be in recession.
The world’s largest public company by market cap had its biggest one-day wipeout since the Covid pandemic’s 2020 shock.