Rep. Don Bacon (R-Neb.) gives a thumbs up as he arrives for a House Republican Conference meeting at the U.S. Capitol on September 10, 2024 in Washington, DC. Kent Nishimura | Getty Images President Donald Trump says he does not need Congress to impose tariffs, but his recent attempts to impose new import duties could … Read more
U.S. President Donald Trump meets with European Commission President Ursula von der Leyen (not pictured), in Turnberry, Scotland, Britain, July 27, 2025. Evelyn Hockstein | Reuters Europe has warned that trade deals struck with the U.S. could now be at risk after President Donald Trump unveiled a new global 15% tariff on all imports at … Read more
U.S. President Donald Trump gestures as he speaks during a press briefing at the White House, following the Supreme Court’s ruling that Trump had exceeded his authority when he imposed tariffs, in Washington, D.C., U.S., January 20, 2026. Kevin Lamarque | Reuters The Supreme Court’s decision Friday to throw out a large number of tariffs … Read more
The Gateway Tunnel site near W. 30th St. and 11th Ave. in Hudson Yards, Manhattan on Oct. 23, 2025. Barry Williams | New York Daily News | Getty Images The Trump administration on Wednesday released the rest of the funds it had been withholding for the construction of a major rail tunnel between Manhattan and … Read more
Megacap earnings results next week could lift a stock market that’s broadened out to include a larger number of winners. Earnings kick into high gear next week, with four of the so-called Magnificent Seven companies set to report: Meta Platforms , Microsoft , and Tesla report Wednesday, while Apple posts Thursday. But the group isn’t … Read more
Caterpillar’s emergence as an artificial intelligence play has boosted the stock this year, hitting an all-time high earlier this month. Gains going forward may be much tougher to come by, however. The industrial giant surged 61% this year, making it the best-performing constituent in the Dow Jones Industrial Average . The benchmark’s second-best performer, Goldman … Read more
The head of the largest port in the United States said the Trump administration has not reached out to offer assistance following a fire that erupted on a containership on Friday and continues to burn outside of the port. “I have been trying to set up meetings with Trump cabinet officials and [U.S. Trade Representative … Read more