Retail sales in the United States experienced a significant decline in May, as consumers became more cautious after a notable increase in spending in March, aimed at avoiding President Donald Trump’s extensive tariffs on nearly all imports.
American consumers are facing a sharp decline in spending following a recent surge driven by tariff-related purchases earlier this spring.
On Tuesday, two Democratic lawmakers confronted five leading pharmaceutical companies regarding their minimal tax contributions and whether they support the extension of significant tax breaks included in a GOP reconciliation bill.
Beginning January 1, 2026, the European Union will ban the import of natural gas via pipelines and liquefied natural gas shipments, with specific exceptions.
Builder sentiment in the United States saw a decline in June, dropping by 2 points from May to a reading of 32 on the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI).
OpenAI has officially secured a position with the U.S.
Business lobbyists are actively attempting to thwart a tax proposal backed by Republican lawmakers, which aims to penalize companies from nations that seek to impose new taxes on American businesses.
Global markets experienced volatility as investors considered the implications of the escalating situation between Israel and Iran.
The Senate Finance Committee has advanced its draft of the “One Big Beautiful Bill,” resulting in adverse changes for U.S.
Traders were active on the floor of the New York Stock Exchange (NYSE) in New York City as stock futures dipped on Monday evening, driven by ongoing scrutiny of the escalating conflict between Israel and Iran.
