Rating agency Fitch has downgraded China’s sovereign debt over concerns about weaker public finances and the impact of higher tariffs on exports, a move that prompted accusations of bias from Beijing.

Trump’s move to extend tariffs on aluminium to include all imported canned beer and empty cans bodes badly for Mexican beer.

In a draft letter to investors seen by the Financial Times, Elliott asks Phillip 66 investors to back its plan that is ...

If it endures, Donald Trump’s decision on April 2 2025 to enact sweeping “reciprocal” tariffs on US trade partners will go down as one of the greatest acts of self-harm in American economic history.

“Liberation day” has arrived. Unfortunately, it threatens to liberate Americans from robust real wage growth, low ...

Klaus Schwab, the founder of the World Economic Forum, will “start the process” of stepping down as chair of its board of ...

Andrew Goodwin, chief economist at the consultancy Oxford Economics, now expects the UK economy to grow at just below 1 per ...

When Bill Gates and Paul Allen founded the company they called Micro-Soft 50 years ago this week, it was to sell a version of ...

A paper about how tariffs need to be cleverly designed and carefully applied — and how Trump failed on consistently both ...

The US will apparently charge tariffs on exports from Heard Island and the McDonald Islands, a volcanic archipelago near the ...

Banking regulator finds 60 out of 267 banks have insufficient US dollar funding to cover exposures in the currency ...

As Unhedged’s Rob Armstrong pointed out late last year, Americans are “ fundamentally people who buy things ”. This type of trading heralds an identity crisis.