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Economy

Treasury posts unexpected surplus in June as tariff receipts surge

July 12, 20250

A view shows a bronze seal beside a door at the U.S. Treasury building in Washington, U.S., January 20, 2023. Kevin Lamarque | ReutersThe U....

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Business

‘Superman’ snares $22.5 million in Thursday previews on way to $140 million opening

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David Corenswet stars are Superman in Warner Bros.' "Superman."Warner Bros. DiscoveryIt's not a bird or a plane that soared into cinemas Thursday...

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Finance

Trump budget chief Vought ramps up criticism of Powell, vows investigation into Fed renovations

July 11, 20250

Office of Management and Budget Director Russell Vought vowed Friday to press an investigation into renovations at the Federal Reserve building, ...

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Economy

Trump announces 35% tariffs on Canada starting Aug. 1, warns of higher levies if Ottawa retaliates

July 11, 20250

U.S. President Donald Trump and Canada's Prime Minister Mark Carney talk during a family photo at the G7 Summit in Kananaskis, Alberta, Canada, J...

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Earnings

Levi Strauss raises sales guidance, says it will absorb some tariff costs for now

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Levi Strauss raised its full-year guidance Thursday and said it's working to absorb some of the costs it's facing from higher tariffs, but that c...

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Business

FDA to consider drug affordability when granting new vouchers to speed up approvals, Makary says

July 11, 20250

The Food and Drug Administration will consider drug affordability when granting companies new vouchers that speed up approvals of some treatments...

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Finance

Most Fed officials see rate cuts coming, but opinions vary widely on how many, minutes show

July 10, 20250

Federal Reserve officials diverged at their June meeting about how aggressively they would be willing to cut interest rates, split between concer...

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Business

Delta shares jump 11% after airline reinstates 2025 profit outlook as CEO says bookings stabilized

July 10, 20250

A Boeing 767-332(ER) from Delta Air Lines takes off from Barcelona El Prat Airport in Barcelona on Oct. 8, 2024.Joan Valls | Nurphoto | Getty Ima...

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Finance

Trump’s ‘big beautiful bill’ slashes CFPB funding: What it means for you

July 9, 20250

A view of the Consumer Financial Protection Bureau headquarters in Washington. Saul Loeb | Afp | Getty ImagesA massive tax and spending law that ...

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Economy

Inflation expectations drift back down to pre-tariff levels, New York Fed survey shows

July 9, 20250

People shop at a grocery store in Brooklyn on May 13, 2025 in New York City. Spencer Platt | Getty ImagesFears earlier this year that President D...

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