Warren Buffett has announced he will retire as chief executive of Berkshire Hathaway at the end of the year.The veteran investor, known as the Oracle of Omaha, told his company's…
Getty ImagesA 25% import tax on engines, transmissions and other key car parts has come into force in the US, raising pressure on an industry finding its way through a…
Sakshi VenkatramanBBC NewsWall Street has clawed back losses incurred after President Donald Trump imposed global tariffs a month ago, capping the longest winning streak in two decades for US stocks.Shares…
Flying into or out of Newark Liberty International Airport has brought plenty of misery in the last week, with cancellations, delays stretching well past five hours and flight diversions that…
Harvard University signaled Friday that it would resist President Trump’s renewed threat to revoke the school’s tax-exempt status, a move for which it said there was “no legal basis” as…
The latest message from the data on the U.S. economy is simple: So far, so good, until further notice.The labor market remained in a healthy state of balance as America…
President Trump on Friday proposed slashing $163 billion in federal spending next fiscal year, a drastic retrenchment in the role and reach of government that, if enacted, would eliminate a…
More companies are starting to warn that they will have to pass on higher costs to American consumers, raising prices for products like strollers, mattresses, power tools and cast-iron cookware…
Michael S. Jeffries, the former chief executive of Abercrombie and Fitch who was charged with running an international sex-trafficking ring, on Friday was found unfit to stand trial because of…
President Trump’s executive order to defund NPR and PBS was met with fiery pushback on Friday, as the organizations challenged the legality of the move and said it could jeopardize…
Stocks on Friday erased losses suffered in the days after President Trump’s chaotic rollout of tariffs in early April, bolstered in part by a healthy report on the labor market.The…
The Trump administration on Friday officially eliminated a loophole that had allowed American shoppers to buy cheap goods from China without paying tariffs. The move will help U.S. manufacturers that…