The effective U.S. tariff rate would be 12% if no Chinese goods were imported, according to JPMorgan.

President Trump on Wednesday said his administration would enact a 90-day pause on so-called reciprocal tariffs for all trading partners except China, which he said would be hit with an ever steeper ...

Shares of CarMax Inc. (KMX) dropped 7% in premarket trading Thursday, after the used-car retailer's fiscal fourth-quarter profit and comparable store sales disappointed, even as overall revenue was in ...

Generative AI is going to reinvent virtually every customer experience and enable entirely new ones that have only been dreamed about, Amazon.com Chief Executive Andy Jassy said in a letter to ...

A closely watched twice-yearly forecast predicts Germany's economy to expand just 0.1% this year, well down from the 0.8% expected in September 2024.