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Trump tariffs would still ‘pinch’ consumers even if trade court block holds, economist says
Tariffs on automobiles, steel and aluminum would cost households nearly $1,000 this year, on average, even if country-specific duties are blocked in court.Read More...
U.S.-China talks ‘a bit stalled’ and need Trump and Xi to weigh in, Treasury Secretary Bessent says
U.S.-China trade talks are "a bit stalled," requiring the two countries' leaders to speak directly, Treasury Secretary Scott Bessent told Fox News.Read More...
China’s EV price war is heating up. What’s behind the big discounts?
China's electric car market is getting even more competitive, with significant consequences for the domestic economy and even the global auto market.Read More...
Palantir teams up with Fannie Mae in AI push to sniff out mortgage fraud
Palantir CEO Alex Karp said the checks can be done in a way that "protects the underlying data and protects the privacy of the people submitting their forms."Read More...
Fed worried it could face ‘difficult tradeoffs’ if tariffs reaggravate inflation, minutes show
Officials were concerned that tariffs could aggravate inflation and create a difficult quandary with interest rate policy.Read More...
GameStop shares rise as retailer meme stock buys first bitcoin batch, scooping up $500 million
The purchase, GameStop's first investment in bitcoin, was worth $512.6 million with bitcoin's price of $108,837 Wednesday.Read More...
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