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Stocks climb after court blocks some of Trump's tariffs
Matteo Colombo/Getty Images(NEW YORK) -- Stocks surged at the open of trading on Thursday after a panel of federal judges blocked President Donald Trump from slapping some of his far-reaching tariffs on China and other major U.S. trading partners.The D...
2h ago
Macy's slashes profit forecast, says tariffs dampen outlook
Craig T Fruchtman/Getty Images(NEW YORK) -- Macy's slashed its full-year profit forecast on Wednesday, attributing the downbeat expectations in part to tariffs imposed by President Donald Trump.The New York-based retail chain is the latest major compa...
May 28, 2025
What is a stablecoin and what could it mean for your finances?
Silas Stein/picture alliance via Getty Images(NEW YORK) -- The GENIUS Act, a cryptocurrency regulation bill making its way through the Senate, has thrust a little-known type of digital asset into the spotlight.The industry-backed measure establishes ru...
May 28, 2025
Consumer confidence brightens as Trump rolls back tariffs
lechatnoir/Getty Images(NEW YORK) -- Consumer confidence improved more than expected in May, ending a monthslong stretch of worsening consumer attitudes as President Donald Trump's tariffs set off company warnings about price increases even after the ...
May 27, 2025