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War-weary Syria will be hurt further by Trump's 41% tariff rate — the highest on earth

The tariffs could be a form of U.S. leverage over the decisions of the fragile Al Sharaa government, one analyst suggested.

Industry 08-06

Chocolate, skincare and timepieces: What 39% tariffs on Swiss goods mean for U.S. consumers

Switzerland is facing potential U.S. tariffs of 39% if a deal is not struck by Thursday.

Industry 08-05

Trump says Treasury Secretary Bessent 'does not want' to be Fed chair, but 4 others in running

U.S. President Donald Trump spoke Tuesday morning on CNBC's "Squawk Box."

Industry 08-05
US Services Surveys Plunge... And Soar In July As Prices Paid Spike

US Services Surveys Plunge... And Soar In July As Prices Paid Spike

Following the significant weakness exhibited by the Manufacturing surveys (and worsening 'hard' data

Industry 08-05
US Services Surveys Plunge... And Soar In July As Prices Paid Spike

US Services Surveys Plunge... And Soar In July As Prices Paid Spike

Following the significant weakness exhibited by the Manufacturing surveys (and worsening 'hard' data

Industry 08-05
US Trade Deficit Shrinks To 2-Year Lows

US Trade Deficit Shrinks To 2-Year Lows

The US trade deficit narrowed in June to the tightest since September 2023 as companies scaled back

Industry 08-05
US Trade Deficit Shrinks To 2-Year Lows

US Trade Deficit Shrinks To 2-Year Lows

The US trade deficit narrowed in June to the tightest since September 2023 as companies scaled back

Industry 08-05

BP makes biggest find in 25 years as it refocuses on fossil fuels

The announcement comes as the UK-based energy giant refocuses its business on fossil fuels.

Industry 08-05
Key Events This Week: ISM, Trade Balance And More Earnings

Key Events This Week: ISM, Trade Balance And More Earnings

Last week was by far the busiest of the year, with a perfect storm confluence of macro, earnings and

Industry 08-04
Key Events This Week: ISM, Trade Balance And More Earnings

Key Events This Week: ISM, Trade Balance And More Earnings

Last week was by far the busiest of the year, with a perfect storm confluence of macro, earnings and

Industry 08-04
Think Uncle Sam Owes $37 Trillion? It's Far Worse Than That

Think Uncle Sam Owes $37 Trillion? It's Far Worse Than That

When asked how far the US government has plunged into the red, many fiscally-conscious Americans wil

Industry 08-03
Think Uncle Sam Owes $37 Trillion? It's Far Worse Than That

Think Uncle Sam Owes $37 Trillion? It's Far Worse Than That

When asked how far the US government has plunged into the red, many fiscally-conscious Americans wil

Industry 08-03
The Untold Story In Today's Jobs Report: The Unprecedented Purge Of Illegal Alien Workers

The Untold Story In Today's Jobs Report: The Unprecedented Purge Of Illegal Alien Workers

Any way you cut it, today's jobs report was ugly. Starting at the top, where the July print of just

Industry 08-01

Switzerland's tariff shock: The 39% U.S. hit no one saw coming

The duty would be a "devastating" blow to the export-reliant Swiss economy and businesses, analysts say.

Industry 08-01

Euro zone inflation holds steady at higher-than-expected 2% in July

Economists polled by Reuters had expected the figure to hit 1.9%.

Industry 08-01

Euro zone inflation holds steady at higher-than-expected 2% in July

Economists polled by Reuters had expected the figure to hit 1.9%.

Industry 08-01

Trump rejigs tariff rates ahead of deadline, levies 40% duties on all transshipped goods

All goods that are considered to have been transshipped to avoid applicable duties will be subject to an additional 40% tariff, according to the White House.

Industry 08-01

Amazon's cloud business records 18% growth in second quarter

Amazon announced new business from the likes of PepsiCo during the second quarter, as revenue topped $30 billion.

Industry 07-31

Amazon's cloud business records 18% growth in second quarter

Amazon announced new business from the likes of PepsiCo during the second quarter, as revenue topped $30 billion.

Industry 07-31

Coinbase says it's launching tokenized stocks, predictions markets for U.S. users in coming months

The expansion puts Coinbase in even closer competition with Robinhood, Gemini and Kraken, all of whom have tokenized equity offerings for users outside the U.S.

Industry 07-31
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