The United Kingdom is boosting its defense spending to do its part to bolster European security and working with the U.S. on negotiating a new trade deal between the two longtime allies.U.K. Chancello...
Some sheep farmers are being impacted by the U.S.-China trade war in the form of unsold wool.A large share of wool—about 50 to 60%—is typically exported, with China serving as the primary buyer and pr...
Mortgage rates slipped this week, mortgage buyer Freddie Mac said Thursday.Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year...
U.S. existing home sales fell more than expected in March, weighed down by higher borrowing costs, and further weakness is likely as growing concerns of an economic slowdown because of tariffs sap dem...
California has overtaken Japan to become the fourth-largest economy in the world, according to international and domestic trackers.Gov. Gavin Newsom touted the finding in a statement on Wednesday, say...
A Texas-based private equity firm is broadening the variety of ways that investors can tap into U.S.-based energy projects.American Energy Fund announced this month that it had expanded its asset-back...
A new report from the Federal Reserve showed that U.S. businesses are reporting increased costs due to tariffs, which they expect to largely pass on to consumers in the form of higher prices.The Feder...
UNITED NATIONS — China accused the U.S. of using tariffs to bully other nations as it led a United Nations Security Council Arria-formula meeting on "The Impact of Unilateralism and Bullying Practices...
Treasury Secretary Scott Bessent on Wednesday said that there's an opportunity for a "big deal" with China to lower tariffs if Beijing is willing to take steps to rebalance its economy.Bessent deliver...
Venture capital is an increasingly national industry, with investments fueling innovation and job creation in all 50 states. From coast to coast, VC-backed companies are reshaping how we live, work, a...
American workers are lowering their expectations of the pay rate they want to take a new job, according to research by the Federal Reserve Bank of New York.The New York Fed's Survey of Consumer Expect...
Los Angeles has seen a decline in local film and TV production, causing some to worry the city could face the same fate as Detroit did with the auto industry several decades ago. "As the auto industry...