Mortgage rates hit 4-month low; will the downward trend last?
Illustration by Lanette Behiry/Adobe Stock The weak jobs report released last week pushed 30-year rates closer to the 6.5% range,…
Block raises annual profit forecast on resilient consumer spending; shares jump
By Pritam Biswas and Ateev Bhandari (Reuters) -Block reported a rise in second-quarter income and raised its annual…
With new tariffs in effect, economists see profit dips and price hikes up ahead
President Trump’s sweeping tariffs, which went into effect on Thursday, are likely to have a negative effect on companies’…
How Trump’s 50% Copper Tariff Could Hit The Heart Of Construction Budgets
A burst of optimism rippled through the construction world last week when copper prices plunged nearly 22%. President Donald…
Jobless Claims Increased More Than Expected
Another full morning of market data to go through today, which will help articulate where we are in…
Reeves and Starmer to roll the pitch for tax rises in a difficult autumn budget | Tax and spending
The chancellor and prime minister will begin to pitch-roll tax rises and reforms from September as part of…
Labor market risks rising, but a lot of data to come before September meeting
By Howard Schneider WASHINGTON (Reuters) -Risks to the job market have increased, but it remains too soon to…
Americans will see average tax of 18.6% for imported goods
pinned How tariffs work, and who pays them, as Trump’s levies take effectPresident Trump speaks during an event…
Trump’s approval rating still negative while the public sours further on Democrats, CNBC survey shows
US President Donald Trump speaks in the Oval Office of the White House in Washington, DC, US, on…
US expects $50 billion a month in tariff revenues, US Commerce chief Lutnick says
By Andrea Shalal and Maiya Keidan WASHINGTON (Reuters) -U.S. Commerce Secretary Howard Lutnick said on Thursday he expects…
‘We’re Fast Stumbling Into Stagflation,’ Expert Warns as Unemployment Rolls Hit 4-Year High Under Trump
The flow of abysmal U.S. economic data continued Thursday with the release of figures showing that the number…
Buy now, pay later gets a bad rap. But it could be useful
New forms of credit are often met with suspicion. A century ago retailers selling furniture and cars realised…