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Business
Stocks fall as US-China trade war reignites after Trump threatens tariff hike
A trade spat between the U.S. and China erupted Friday, sending U.S. stocks spiraling, with all three of the major averages closing sharply lower, registering the worst…
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Traders see a cloudy outlook as government shutdown expected to drag on for weeks
Traders on prediction markets are betting the federal government shutdown will stretch beyond three weeks, with lawmakers still deadlocked on a funding plan and the Senate not…
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Trump's shortlist to replace Powell is starting to take shape
The names on Treasury Secretary Scott Bessent's radar to lead the world’s most powerful central bank are coming into view. Bessent, who has been interviewing candidates since…
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Trump threatens 'massive' tariff increase on China amid dispute over rare earth minerals
President Donald Trump on Friday said the U.S. is considering imposing a "massive" tariff hike on China in the latest move amid an ongoing trade dispute between the two…
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Some Americans will lose popular 401(k) tax break in major retirement rule change starting 2026
A popular tax break for workers nearing retirement age to make extra catch-up contributions is changing next year, which will limit access to some high earners. The IRS issued…
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