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How Trump's latest tariff plans are roiling global markets
While the reaction in US stocks was muted, global equities were rattled. Markets are wondering if Trump's threats are mainly a negotiating tactic.
Mexico Hints at Retaliation After Trump Threatens Steep Tariffs
President Claudia Sheinbaum suggested Mexico could respond to Donald Trump’s threatened tariffs with levies of its own, warning the economic consequences would be dire.
Small business owners breathe easier over labor costs after decision to strike down overtime rule
Small business owners have had a mostly positive reaction to a judge's decision to strike down an overtime rule that would have qualified more workers for overtime pay. On Nov. 15, a federal judge in
Walmart, World’s Biggest Retailer, Will Curb Diversity Efforts
Walmart Inc. is reversing course on diversity, equity and inclusion initiatives, joining a growing list of businesses retreating on DEI programs targeted by conservative activists.
Best Buy reports another quarterly sales decline as shoppers pull back spending on gadgets
Best Buy, the nation’s largest consumer electronics chain, on Tuesday reported another quarterly drop in sales as Americans continued to tighten their purse strings on appliances and gadgets to focus
Consumer confidence rises to highest level since July 2023
Americans continue to feel more upbeat about the outlook for the US economy. The latest index reading from the Conference Board was 111.7 in November, above the 109.6 seen in October, and the highest
Retailers saw a dismal fall quarter. The election seems to be turning things around.
Many U.S. retailers are hoping to put the fall quarter behind them. The decisive outcome of this month's presidential election, which showed a GOP sweep, seems to be giving them the fuel to do so. On
Walmart, the nation's largest private employer, rolls back DEI under pressure
Walmart is the latest company to make changes to its diversity, equity and inclusion initiatives under pressure from a conservative activist.
Millions from tax refunds go to pay hidden fees, report finds
Tax credits are key to alleviating poverty in America — but they often come with steep costs for tax preparation and bank fees.
Biden Proposes Medicare, Medicaid Coverage of Obesity Drugs
The Biden administration is proposing a rule that would require the US government to cover weight-loss drugs, potentially expanding access for millions of Americans with obesity and creating a huge
Basic Materials Roundup: Market Talk
Find insight on energy markets, Trimegah Bangun Persada, BlueScope and more in the latest Market Talks covering Basic Materials.
Canada’s Oil Patch Warns Trump’s Tariffs Would Raise US Gasoline Prices
Canada’s oil industry stressed the economic and security benefits of its exports to the US, while also using President Elect Donald Trump’s threat to impose tariffs on the country’s goods as a chance
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