May’s inflation data was set to be the first real test of how consumer prices would be impacted by historically high tariffs. The post Trump’s tariffs clear first inflationary hurdle appeared first on FreightWaves.
Trump says U.S. has reached a trade deal with China. What consumers can expect? How tariffs with China changed
President Donald Trump and officials from China announced that they have agreed on a framework for a trade deal between the two major economic powers.
Trump Says China Deal Is Done
President Donald Trump says the trade deal with China is done after talks in London. Trump says it just needs to be formally signed off on by himself and China's Xi Jinping. and Bloomberg's Tyler Kendall reports.
The global oil and gas industry is ‘deteriorating,’ says top credit ratings agency
Fitch lowered its 2025 rating of the global oil sector from “neutral” to “deteriorating.”
US Treasury sells $39B 10-year notes at lower-than-expected yield
Investing.com -- Yields on 10-year Treasury fell Wednesday after the U.S. government sold $39 billion of 10-year Treasuries at a lower-than-expected yield even as demand dipped.
UK retailers cautious as Spending Review outlines key reforms
Retailers have cautiously welcomed key parts of the 2025 Spending Review, including £2 bn for police, 13,000 new officers, transport funding, and a skills plan.
If you annoy Trump, he can annoy you back equally, Howard Lutnick says
Commerce Secretary Howard Lutnick, back in Washington after two days helping to negotiate a US-China trade framework in London, said Wednesday that Trump gave his team permission to back off its aggressive stance against China to get a deal done.
ALOT's Q1 Adjusted EPS Declines Y/Y Due to Elevated Costs
AstroNova's Q1 adjusted net income per share declines year over year despite strong segment growth, as higher costs and margin pressures weighed on profitability. It also reaffirms guidance for FY26.
Cathie Wood’s ARK Invest predicts SpaceX will be worth $2.5 trillion by 2030—and the key to Elon Musk’s Mars ambitions will be Starlink
That valuation would represent a 38% annualized return from SpaceX’s $350 billion funding round in December.
Why everyone from Musk to Wall Street is worried about U.S. debt payments
The federal government now spends more on servicing its debt than it does on defense. The GOP's new tax bill could ratchet that higher, experts say.