Inflation dropped more sharply than economists predicted in November, giving U.S. consumers long-awaited relief and bolstering President Donald Trump’s argument that the price surge that began under the previous administration has finally been reversed.
Ford Motor Co. has just slammed the brakes on its electric vehicle (EV) ambitions with a staggering $19.5 billion write-down.
President Donald Trump has said that he expects to play a role in determining whether Netflix’s planned acquisition of Warner Bros. Discovery should move forward.
Nvidia CEO Jensen Huang, one of the most influential figures in artificial intelligence, stunned many in the tech world by crediting President Donald Trump, not himself or Big Tech, for “saving” America’s AI industry.
President Donald Trump has revealed that the United States may be on the verge of a historic tax overhaul, potentially eliminating the federal income tax altogether, as tariff revenues surge under his administration’s new trade policies.
Saudi Arabia’s Crown Prince Mohammed bin Salman pledged to massively expand his country’s investment in the United States, committing nearly $1 trillion to the American economy over the next year.
President Donald Trump has announced that his administration plans to deliver $2,000 checks to every American, except “high-income people.”
Democrat lawmakers on Capitol Hill scrambled this week to explain why the U.S. stock market continues to surge under President Donald Trump, despite their repeated warnings that his tariffs would wreck the economy.
President Donald Trump has moved to cut U.S. fentanyl-related tariffs on Chinese goods in half, following last month’s in-person meeting with China’s leader Xi Jinping in South Korea.
Online retail giant Amazon will eliminate roughly 14,000 corporate positions in a sweeping restructuring effort aimed at cutting bureaucracy, flattening management layers, and redirecting resources toward artificial intelligence (AI) and other long-term initiatives.