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Trump Declines to Rule Out Recession as Tariffs Begin to Bite

President Trump declined to rule out the possibility that his economic policies, including aggressive tariffs against America’s trade partners, would cause a recession in an interview aired Sunday...

Inflation will move toward 2% target, but risks to outlook are rising, says Fed’s Musalem

Alberto Musalem, President and CEO of the Federal Reserve Bank of St. Louis, speaks to the Economic Club of New York, in New...

‘Reverse Robin Hood scam’ or windfall for middle class? Lawmakers debate Trump tax plan extensions

Speaker of the House Mike Johnson (R-LA) leaves after the House passed Republicans' budget resolution on the spending bill on Feb. 25, 2025...

Warren Buffett calls Trump’s tariffs a tax on goods, says ‘the Tooth Fairy doesn’t pay ’em’

Warren Buffett at a press conference during the Berkshire Hathaway Shareholders Meeting on April 30, 2022.CNBCLegendary investor Warren Buffett made a rare comment...

Amazon’s most powerful new Alexa features being powered by Anthropic’s AI, sources say

The logo of Amazon's Alexa+ is displayed on a screen during an Amazon Devices launch event in New York City, U.S., February 26,...

Trump administration, Musk’s DOGE plan to fire nearly all CFPB staff and wind down agency, employees say

Elon Musk holds up a chainsaw onstage during the Conservative Political Action Conference (CPAC) in National Harbor, Maryland, U.S., February 20, 2025. Nathan Howard...

How the German Autobahn ended up without speed limits

Germany's national highway system — commonly known as the Autobahn — looks like many other highway systems in the world, except for its...

1 in 5 Americans are ‘doom spending’ — here’s how that can backfire

A customer shops at a Costco store in San Francisco.Justin Sullivan | Getty ImagesWith sweeping U.S. tariffs going into effect, more Americans are concerned about...

Qatar attracts VC fund managers to Doha with its $1 billion ‘fund of funds’

The skyline of Doha, Qatar.Tim De Waele | Corbis | Getty ImagesThe Qatar Investment Authority is leveraging its over-$500 billion in assets to...

State Street, Apollo team up to launch first of its kind private credit ETF

Omar Marques | Lightrocket | Getty ImagesThere's a new ETF in town. SPDR SSGA Apollo IG Public & Private Credit ETF (PRIV) will...

Market volatility creating buzz for these two types of ETFs

Market volatility appears to be boosting demand for two types of exchange-traded funds: leveraged and inverse.And, Direxion CEO and ETF money manager Douglas...

Trump plan to freeze funding stymies Biden-era energy rebates for consumers

Westend61 | Westend61 | Getty ImagesSome states have stopped disbursing funds to consumers via Biden-era rebate programs tied to home energy efficiency, due...

We’re lifting our price target on off-price retailer TJX after another strong quarter

Shoppers never know exactly what they will find at a T.J. Maxx, Marshalls, or HomeGoods. Investors, on the other hand, are finding earnings...

Starbucks is struggling to grow sales in China. Here’s why

Starbucks is caught in the middle of a price war in China.The coffee giant's same-store sales in China declined 8% in fiscal 2024.But...

Lowe’s beats Wall Street expectations as it starts to break out of sales slump

A Lowe's store stands in Brooklyn on February 27, 2024 in New York City. Spencer Platt | Getty ImagesLowe's topped Wall Street's quarterly earnings...

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