Vice President JD Vance unveils a plan to establish an international coalition using adjustable tariffs to create price floors for critical minerals, marking the latest move in a strategic push to reduce Western reliance on Chinese supplies.
The U.S. services industry expanded at its quickest pace in months, according to the latest ISM data, mirroring a parallel surge in manufacturing activity and signaling underlying economic resilience despite persistent tariff pressures and inflation concerns.
In a lengthy phone conversation ahead of a planned in-person summit, U.S. President Donald Trump and Chinese President Xi Jinping discussed bolstering agricultural and energy trade, while addressing persistent tensions over Taiwan and regional security.
President Trump has signed a short-term extension of the African Growth and Opportunity Act (AGOA), a cornerstone trade preference program for sub-Saharan Africa. While averting immediate expiration, the move offers only temporary relief and signals potential modifications aligned with the 'America First' policy, raising concerns among African nations dependent on U.S. market access.
Lennar and Taylor Morrison are reportedly in discussions to develop up to one million entry-level homes under a proposed 'Trump Homes' program, aimed at first-time buyers through rent-to-own models, though questions remain about federal support and market impact.
D.R. Horton, the nation's largest homebuilder, is evaluating participation in a massive proposal to develop up to one million entry-level 'Trump Homes.' The move could redefine the company's revenue mix and position it at the center of the national housing affordability debate, with significant implications for policy and market dynamics.
A new survey reveals deep-seated public blame on investors for soaring home prices, as President Trump's executive order targeting institutional buyers faces scrutiny over its practical impact and political motives.
A four-day partial government shutdown appears set to conclude after the House narrowly passed a funding package, sending it to President Trump for his expected signature following intense White House pressure on Republican holdouts.
WASHINGTON, Feb 3 (Reuters) - U.S. Trade Representative Jamieson Greer stated that the Supreme Court is proceeding cautiously in a pivotal case challenging the legality of former President Trump's sweeping tariffs, citing the profound economic and policy implications at stake.
In a move that resets strained bilateral relations, the U.S. and India announced a preliminary trade agreement. The deal lowers U.S. tariffs on Indian goods and scraps punitive duties linked to Russian oil, though key details on purchase commitments remain unconfirmed.
Poland stands on the cusp of joining the G20, marking a historic economic transformation from a communist-era command economy to a trillion-dollar European powerhouse. This journey, once dismissed as a fanciful dream, is now hailed as a modern miracle with tangible impacts on everyday life.
The Trump administration sees Venezuela's revitalized oil sector as a tool to undercut Russian energy revenues and pressure India to pivot away from Moscow. But crumbling infrastructure, geopolitical risks, and entrenched trade relationships pose significant challenges to this strategic calculus.
President Trump's latest push to improve housing affordability centers on lowering borrowing costs, not home values. But with a severe shortage of homes and prices near record highs, economists warn his proposals may simply reignite price surges rather than create lasting relief for aspiring homeowners.
The Bureau of Labor Statistics has postponed the release of January's highly anticipated employment data due to a partial federal funding lapse, marking the latest economic disruption from Washington's budget impasse.
The United States and India have announced a significant trade agreement, dramatically reducing tariffs after months of tension. The deal, linked to India halting Russian oil purchases, aims to boost bilateral trade and supply chain diversification.
An examination of price data reveals that tariffs imposed during the previous administration continue to contribute to higher costs for everyday goods, from groceries to home utilities, adding financial pressure on U.S. households.
The conservative youth organization Turning Point USA announced it will match the federal government's $1,000 contribution to new 'Trump Accounts' for employees' children, aligning with a growing roster of major employers participating in the tax-advantaged savings program.
Beijing has lowered punitive tariffs on key EU dairy products, offering some relief to exporters like Arla and Lactalis. While welcomed as a de-escalation, European trade bodies argue the remaining duties are unjustified and call for continued negotiations to resolve the trade dispute.
Goodyear Tire & Rubber is overhauling its Avon Tyres brand and challenging U.S. tariffs in court, strategic moves analysts say are aimed at defending profitability amid cost pressures and competitive markets.
CNBC's Jim Cramer argues that President Trump's unpredictable policy style, often criticized for spooking markets, creates strategic buying opportunities for alert investors who can separate noise from fundamental value.
