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Trump says 'extremely hard' to make a deal with China's Xi Jinping as trade talks stall

The two countries have blamed each other for violating a trade agreement reached in Switzerland on May 12.

Fed Governor Lisa Cook sees tariffs raising inflation and complicating rate policy

Cook expressed concern Tuesday with the progress on inflation, saying recent lower readings could reverse.

Klarna takes on banks with debit card as it diversifies beyond buy now, pay later

The Swedish fintech has been trying to shift its image from "buy now, pay later" poster child to a more all-encompassing banking player.

'Fantasy math' masks tax bill's U.S. debt impact, GOP lawmaker said. What the deficit means for your money

The "One Big Beautiful Bill Act" would raise U.S. debt by more than $3 trillion over a decade, research finds, likely impacting consumer loans and bond prices.

Investors are piling into big, short Treasury bets alongside Warren Buffett

Investors are staying as short as possible with their fixed-income investments. ETF experts explain why the bond market is bearish on longer maturities.

JPMorgan hired NOAA's chief scientist to advise clients on navigating climate change

Last year, JPMorgan hired Sarah Kapnick as the bank's chief climate scientist. She's now advising clients on how climate change will impact their investments.

This is why Jamie Dimon is so gloomy on the economy

JPMorgan Chase CEO Jamie Dimon has regularly warned that the U.S. economy faces perils, but even as he sounds the alarm, his bank is doing better than ever.

Trump tariffs would still 'pinch' consumers even if trade court block holds, economist says

Tariffs on automobiles, steel and aluminum would cost households nearly $1,000 this year, on average, even if country-specific duties are blocked in court.

U.S.-China talks 'a bit stalled' and need Trump and Xi to weigh in, Treasury Secretary Bessent says

U.S.-China trade talks "are a bit stalled," requiring the two countries' leaders to speak directly, Treasury Secretary Scott Bessent told Fox News.

China’s EV price war is heating up. What’s behind the big discounts?

China's electric car market is getting even more competitive, with significant consequences for the domestic economy and even the global auto market.

Palantir teams up with Fannie Mae in AI push to sniff out mortgage fraud

Palantir CEO Alex Karp said the checks can be done in a way that "protects the underlying data and protects the privacy of the people submitting their forms."

Fed worried it could face 'difficult tradeoffs' if tariffs reaggravate inflation, minutes show

Officials were concerned that tariffs could aggravate inflation and create a difficult quandary with interest rate policy.
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