Gross domestic product grew by 2.3 percent in the fourth quarter, capping a more robust year than expected. Policy uncertainty clouds the outlook.
Gross domestic product grew by 2.3 percent in the fourth quarter, capping a more robust year than expected. Policy uncertainty clouds the outlook.
Howard Lutnick, the wealthy financier Trump has picked to lead the Commerce Department, said he favored “across the board” tariffs and faced grilling about his financial ties in a nomination hearing Wednesday.
Howard Lutnick, the wealthy financier Trump has picked to lead the Commerce Department, is set to be questioned by the Senate in a nomination hearing Wednesday.
The U.S. central bank is expected to hold interest rates steady as officials weigh a solid economy and rising inflation risks.
DeepSeek’s A.I. models show that China is making rapid gains in the field, despite American efforts to hinder it.
General Motors, the largest producer of cars in Mexico, won’t provide details on how it would react if President Trump imposes 25 percent tariffs from the two countries.
The president is increasingly threatening other countries with tariffs for issues that have little to do with trade.
Whole Foods workers in Philadelphia are voting on whether to form the first union in the Amazon-owned chain. The company is pushing back.
Howard Lutnick disclosed details of complex financial interests, including at least $800 million in assets and positions in more than 800 companies.
The market perked up late in the year when interest rates eased, but affordability challenges yielded the fewest transactions since 1995.