The Latest Breaking News from Economy

Late-night hosts discuss Trump’s surprise retreat on tariffs after sending markets into their worst week since 2020

The dollar index (DXY00 ) today is down by -1.40%. The dollar is sliding today on concern the escalation of the US-China trade war will derail the economy and lead to stagflation. The US raised tariffs on China Wednesday to 125% from 104% after China retaliated and imposed 84% tariffs...

Leading think tanks say that Germany’s economy is likely to stagnate at best in 2025 after shrinking for two years and the impact of U.S. tariffs could weigh down an already unimpressive showing

Leading economic institutes Thursday slashed their 2025 growth forecast for Germany to near stagnation, warning Europe's struggling top economy will face extra pain from US President Donald Trump's tariff blitz.

The senator laments how Trump and his advisors refuse to give a straight answer about the end-goal of tariffs.

By imposing massive tariffs on foreign-made cars, Trump is punishing key allies, tanking Slovakia’s economy, and undermining U.S. influence in Eastern Europe.

As the Texas House prepares to vote on the budget, officials and other experts monitor national policy and state tax revenue.

June S&P 500 E-Mini futures (ESM25) are down -2.20%, and June Nasdaq 100 E-Mini futures (NQM25) are down -2.33% this morning, pointing to a sharp pullback on Wall Street after yesterday’s historic rally, while investors brace for the release of crucial U.S. inflation data.

When 10-year Treasury yields head in the wrong direction that has major implications for the U.S. economy.