The Trump administration is justifying the shakeup of the SSA by citing concerns about massive fraud against the agency in ...

Tesla led the losses at down 11%, followed by Nvidia and Meta Platforms around 9% lower. Apple and Amazon.com traded around 8% lower, while Microsoft and Alphabet's shares fell around 5%.

In its Short Term Energy Outlook, the EIA said it expects global oil consumption to grow by 900,000 barrels a day in 2025, down from its previous estimate of 1.3 million barrels a day. For 2026, the ...

The U.S. Senate has declared that the extension of the tax cuts from the 2017 Act would increase the U.S. deficit by zero dollars. That is not a typo.

My criticism of tariffs isn't limited to Trump. Former President Joe Biden continued many of Trump's tariffs; the nonpartisan Tax Foundation estimated the Trump-Biden levies reduced America's ...

The Senior Citizens League, an advocacy group for older adults, expects the 2026 COLA to be 2.3%, while independent Social Security and Medicare analyst Mary Johnson expects the COLA to be 2.2%. Both ...

Copper and other base metals are rallying on President Trump's 90-day pause of the so-called reciprocal tariffs on some countries, ING analysts say in a note. That said, there is still plenty of ...

Stellantis N.V. (STLA) is currently at $8.94, down $1.18 or 11.66% --On pace for largest percent decrease since Sept. 30, 2024, when it fell 12.52% --Down 69.59% from its all-time closing high of ...

Globalization has been a boon to U.S. oil-and-gas companies, which have been able to export their abundant surplus of fossil fuels. This in turn has blown the lid off domestic production, allowing ...

Nippon Steel's $15 billion bid to acquire U.S. Steel, launched in 2023, may finally be dead after President Donald Trump said he'd rather see the company remain under U.S.-based ownership. The ...

President Donald Trump's 90-day pause on trade tariffs for everyone but China instantly revived the American economic exceptionalism narrative. The headlines will shift to U.S. tax cuts - and the ...

According to China’s domestic systemically important banks, or D-SIBs framework, BONB was included in the first bucket, which requires a 25-basis-point additional capital buffer to the minimum ...