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Fed holds interest rates steady, defying Trump's pressure
Chip Somodevilla/Getty Images(WASHINGTON) -- The Federal Reserve held interest rates steady on Wednesday, just days after President Donald Trump made an unusual visit to the central bank, calling for a rate cut.The central bank has defied Trump's publi...
3h ago
US economy grew more than expected as Trump's tariffs took hold
US Treasury Secretary Scott Bessent (R) and US Trade Representative Jamieson Greer (L) held a press briefing on the outcome of weekend trade talks with China in Geneva, Switzerland on May 12, 2025. (Photo by Beyza Binnur Donmez/Anadolu via Getty Images...
8h ago
What's in Trump's trade agreement with the European Union?
Chip Somodevilla/Getty Images(NEW YORK) -- President Donald Trump unveiled a trade agreement with the European Union on Sunday, making it the latest in a series of accords as the White House threatens to slap tariffs on dozens of co...
Jul 28, 2025
Volkswagen suffers $1.5 billion loss from Trump's tariffs
Matt Cardy/Getty Images(NEW YORK) -- President Donald Trump's tariffs cost German auto giant Volkswagen about $1.5 billion over the first half of 2025, the company said on Friday.Sales in North America plunged 16% due primarily to U...
Jul 25, 2025