Robert Adams
Trump’s tariffs are making the ECB’s interest rate path ‘more complicated,’ policymaker says
U.S. President Donald Trump’s tariff policies are making the path ahead for European Central Bank interest rates “more…
Former Treasury Secretary Janet Yellen to join global advisory board for bond giant Pimco
Former Treasury Secretary Janet Yellen will be joining an advisory board for bond giant Pimco, CNBC has learned.…
Treasury Department is set to lay off a ‘substantial’ number of employees, official says
The Treasury Department is planning to furlough a “substantial” level of its workforce in conjunction with Elon Musk’s efforts…
British businesses pile on the pressure on UK Financial Minister Reeves ahead of budget update
Home improvement retailer Kingfisher became the latest British company to report a negative impact from U.K. Finance Minister…
Consumer confidence in where the economy is headed hits 12-year low
Consumer confidence dimmed further in March as the view of future conditions fell to the lowest level in…
The probability of a recession is approaching 50%, Deutsche markets survey finds
Chances that the U.S. is heading for a recession are close to 50-50, according to a Deutsche Bank…
Canadians pull back on U.S. trips, threatening to widen United States’ $50 billion travel deficit
Canadians are skipping trips to the U.S. and visitors from other countries could soon follow threatening to deepen…
Startup founder Charlie Javice found guilty of defrauding JPMorgan Chase in $175 million deal
Charlie Javice, founder of a startup purchased by JPMorgan Chase in 2021, was convicted in federal court Friday of defrauding the bank…
Lululemon shares drop 15% as CEO says inflation, economic concerns are weighing on spending
Lululemon beat Wall Street expectations for fiscal fourth-quarter earnings and revenue, but issued 2025 guidance that disappointed analysts. On…
Why GM stock is getting hit the hardest by Trump auto tariffs
As auto stocks reacted to the latest tariff announcement out of Washington, D.C., on Thursday, General Motors took the brunt of the…
Detroit automaker shares fall after Trump’s tariff announcement
Auto stocks are digesting President Donald Trump’s announcement that he would place 25% tariffs on “all cars that are not made in the…
Ferrari says it will raise prices by 10% on some models to offset auto tariffs
Ferrari said Thursday it will raise prices by 10% on certain models after April 1 in response to new…
U.S. health department plans to slash 10,000 jobs as RFK Jr. upends agencies
Health and Human Services Secretary Robert F. Kennedy Jr. plans to slash 10,000 full-time employees across different departments,…