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Pharmaceutical stocks rise as Trump pauses tariffs but not for China
The Lilly Biotechnology Center in San Diego, California, on March 1, 2023.Mike Blake | ReutersShares of some drugmakers rose on Wednesday after President Donald Trump said he would pause steep tariff rates on dozens of countries,…
Here’s how China could crush the U.S. housing market
A new housing development built along a canal near the Mokelumne River is viewed on May 22, 2023, near Stockton, California.George Rose | Getty ImagesMortgage rates are rising sharply this week, as investors sell U.S. Treasury bonds at a…
U.S. financial regulator says email hack exposed sensitive data on banks
A pedestrian passes the seal of the Office of the Comptroller of the Currency displayed outside the organization's headquarters in Washington, D.C., on March 20, 2019.Andrew Harrer | Bloomberg | Getty ImagesThe Office of the Comptroller…
FDA guts division that trains staff and health-care professionals on key practices like
The Food and Drug Administration has gutted a division responsible for training agency staff and outside health-care professionals on an array of key public health, regulation and safety practices and supporting professional development…
Walmart is facing tariffs and recession fears. It may have a secret weapon to keep
Shoppers at the Walmart Supercenter in Burbank during Walmart's multi-week Annual Deals Shopping Event in Burbank Thursday, Nov. 21, 2024.Allen J. Schaben | Los Angeles Times | Getty ImagesAs tariffs roil the U.S. economy, Walmart may…
Auto sales are on a ‘roller coaster ride’ as tariffs are expected to increase prices
DETROIT — Prices of new and used vehicles in the U.S. are expected to notably increase this year amid President Donald Trump's 25% auto tariffs, according to a new analysis from industry experts at Cox Automotive.The automotive data and…
Restaurant stocks fall as investors fear recession, sales slowdown
Following announcements of layoffs, a Starbucks store is shown in Encinitas, California, U.S., February 24, 2025. REUTERS/Mike BlakeMike Blake | ReutersRestaurant stocks fell in morning trading Monday, fueled by investors' fears that a…
JPMorgan CEO Jamie Dimon says Trump tariffs will boost inflation, slow an already
JPMorgan Chase CEO Jamie Dimon said Monday that tariffs announced by President Donald Trump last week will likely boost prices on both domestic and imported goods, weighing down a U.S. economy that had already been slowing.Dimon, 69,…
How U.S. women’s soccer coach Emma Hayes plans to grow the sport
Emma Hayes is on a mission to reinvigorate women's professional soccer in the United States.Hayes was hired as head coach of the U.S. women's national team in June after a disappointing few years for the squad as it dealt with an aging…
Family offices are moving money out of the U.S. on tariff, economic fears
A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. At his Singapore-based…