Robert Adams
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 āsubstantialā number of employees, official says
The Treasury Department is planning to furlough a āsubstantialā level of its workforce in conjunction withĀ Elon Muskās 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 Statesā $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 startupĀ purchasedĀ byĀ JPMorgan ChaseĀ 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
LululemonĀ 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
AsĀ auto stocks reactedĀ to the latest tariff announcement out of Washington, D.C., on Thursday,Ā General MotorsĀ took the brunt of the…
Detroit automaker shares fall after Trumpās tariff announcement
Auto stocks are digesting PresidentĀ Donald TrumpāsĀ announcement that he would placeĀ 25%Ā tariffsĀ on āall cars that are not made in the…
Ferrari says it will raise prices by 10% on some models to offset auto tariffs
FerrariĀ 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,…