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  Category: Finance

Finance

Finance

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

May 31, 20250

President Donald Trump holds a chart as he announces a plan for tariffs on imported goods during an event April 2, 2025, in the Rose Garden at th...

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Finance

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

May 29, 20250

Federal Reserve officials at their meeting earlier this month worried that tariffs could aggravate inflation and create a difficult quandary with...

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Finance

Xiaomi takes aim at Tesla’s bestselling car in China with its longer-range YU7

May 27, 20250

Xiaomi revealed its first electric SUV, the YU7, in Beijing on May 22, 2025, and said its full launch would be held in July.Adek Berry | Afp | Ge...

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Finance

Personal finance app Monarch raises $75 million despite ‘nuclear winter’ for fintech startups

May 25, 20250

Monarch co-founders (left to right) Ozzie Osman, Jon Sutherland, Val Agostino.Courtesy: MonarchThe personal finance startup Monarch has raised $7...

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Finance

Goolsbee says Fed now has to wait longer before moving rates because of trade policy uncertainty

May 24, 20250

Chicago Federal Reserve President Austan Goolsbee said Friday that President Donald Trump's latest tariff threats have complicated policy and lik...

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Finance

Tariffs or not, a Chinese baby products company is ramping up its U.S. expansion

May 22, 20250

U.S. births rose by 1% in 2024, with 3.6 million births recorded for the year, according to the CDC’s National Center for Health Statistics.SAN D...

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Finance

JPMorgan CEO Jamie Dimon says markets are too complacent on tariffs, expects S&P 500 earnings growth to collapse

May 20, 20250

Jamie Dimon, CEO of JPMorgan Chase, leaves the U.S. Capitol after a meeting with Republican members of the Senate Banking, Housing and Urban Affa...

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Finance

Long-term care costs can be a ‘huge problem,’ experts say. Here’s why

May 18, 20250

Kate_sept2004 | E+ | Getty ImagesLong-term care can be costly, extending well beyond $100,000. Yet, financial advisors say many households aren't...

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Finance

Walmart’s former U.S. CEO Bill Simon thinks retailer can easily absorb tariff costs, criticizes its ‘doom and gloom’ commentary

May 16, 20250

Walmart's business is strong enough to withstand tariff headwinds without increasing its prices, according to the discount retailer's former U.S....

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Finance

Warren Buffett tells WSJ he stepped aside as CEO after finally feeling old

May 15, 20250

Warren Buffett does a walkthrough of the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, on May 3, 2025.David A. Grogen | CNBC...

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