Breaking News: Economy

Here’s a potential winner from Trump tariffs: American tourists traveling abroad

A customer at a food market in Palma, Mallorca, Spain. Andrey Rudakov/Bloomberg via Getty Images As economists ring alarm bells…

Retail sales slumped 0.9% in January, down much more than expected

A customer shops for produce at an H-E-B grocery store in Austin, Texas, on Feb. 12, 2025. Brandon Bell |…

U.S. and India to boost bilateral trade to $500 billion by 2030

U.S. President Donald Trump and Indian Prime Minister Narendra Modi shake hands, at the White House in Washington, D.C., U.S.,…

Defense stocks drop after Trump says Pentagon spending could be halved

U.S. President Donald Trump sits next to a map that shows the Gulf of Mexico, that he renamed Gulf of…

PPI January 2025:

Customers shop for produce at an H-E-B grocery store on Feb. 12, 2025 in Austin, Texas. Brandon Bell | Getty…

Cut debt or face economic heart attack

DUBAI, United Arab Emirates — Hedge fund titan Ray Dalio issued a fresh warning about the U.S. economy, warning of…

Watch Fed Chair Powell speak live before House Financial Services Committee

[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a…

Trump reciprocal tariffs could come by Thursday, White House says

U.S. President Donald Trump looks on, as he signs executive orders in the Oval Office of the White House in…

Mexico, Canada tariffs could add $6,000 to the cost of a car, by one estimate

In an aerial view, Chevrolet cars and trucks are on display at Novato Chevrolet on Jan. 28, 2025 in Novato,…

Stocks making the biggest moves premarket: CVS, SMCI, META

Check out the companies making headlines before the bell: CVS — Shares jumped more than 8% after the pharmacy operator…