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Irina IvanovaFortune |
It’s by now a familiar development in President Trump’s tariff negotiation tactics: Announce higher tariffs, then pause.
The post came a week after he said AI would replace contract workers and, eventually, human teachers.
Stocks closed flat on Thursday after swinging from losses to gains, while bond activity indicated worries about the U.S.' fiscal future.
The GOP caucus is still divided on how deeply to cut public programs in order to achieve trillions in tax cuts.
Despite AI’s promise to revolutionize white-collar work, most workers are using it sparingly—or hiding it from their boss.
Elon Musk and his engineers claim 'insane' amounts of fraud in Social Security, but the real figures don’t back it up.
Government data showed retail spending was strong in April, but major retailers have warned tariffs would undo that.
Trump loves cheap oil and high-dollar deals. His trip to Saudi Arabia is putting the two on a collision course.
Importers traumatized by the empty shelves during COVID lockdowns are pulling out all the stops to stock up ahead of the holiday shopping season.
The richest sliver of Americans now own a record share of the wealth, and tweaking income taxes is unlikely to change that.
Just 1 in 4 AI investments bring in the ROI they promise—but CEOs just can’t resist the technology.
"A trade agreement – even if it’s an agreement in principle – is what the markets were looking to see," one analyst said.
Staff reductions have eliminated one-third of the of the IRS staff who collect tax money—with more on the way.
A reanimation of Walt Disney will debut at Disneyland this summer—and the founder’s descendants are divided about whether he would have wanted...
A new measure of CEO compensation that accounts for stock growth is creating some eye-popping numbers.
U.S. employers added 177,000 jobs last month.
Importers stocking up ahead of even-higher levies have given an unexpected boost to the U.S. Treasury.
Meta and Microsoft surprised to the upside on a better-than-expected showing from AI the previous day.
Companies front-running April tariffs threw economic growth into reverse because of a quick in how the figure is calculated.
One of the world's biggest shipping companies is trying to reorganize just as global trade is upended.
The maker of America’s best-selling detergent says the company is seeing fewer loads per week.
The second-largest supermarket chain in America is taking a tough line with its vendors, according to a leaked letter.
Hopes of a tariff deal drove the major indexes higher.
Even if tariffs bring back millions of jobs, businesses will still try to pay as little as possible, unless forced to act otherwise.
A tech selloff led the major indexes lower, while the Fed chair's warning on tariffs accelerated trade war fears.
A small office within Health and Human Services that sets the federal poverty guidelines every year has reportedly been dismantled, with no one left...
The Trump administration has made no secret of its desire for a smaller government staffed by loyalists.
Buy-now-pay-later is a juggernaut that’s long been absent from consumers’ credit reports. A recent deal with Affirm means that’s no longer the case.
DOGE staff are pushing the private-equity playbook of selling government buildings just to pay to lease them back.
Gebbia joined Elon Musk and six other DOGE members to share details of their planned federal overhaul in an interview with Fox News.
Trump's threatened tariffs would bring U.S. import duties to 1940s levels—before we had social media, online shopping, or the interstate highway...
An analysis from job site Indeed found that highly educated workers were the most affected—and are searching for work just as the white-collar job...
Companies can choose from three tiers of sponsorship, which come with branded snacks, onsite booths, and social-media callouts.
“If you’re coming from another country, please don’t use our national rail,” the Tesla CEO and White House official said at a conference.
The Tesla owner says every update makes the car worse.
The tech founder described Musk’s management style as “bullying.”
The cost-cutting spree has hampered workers’ ability to buy office or lab supplies, access legal filings, or travel for work.
Canada's outgoing Prime Minister Justin Trudeau vowed retaliatory tariffs on more than $100 billion of American goods in response to Trump's 25%...
Clinton’s ‘reinventing government’ effort cut 400,000 federal workers and made bureaucracy more efficient—by doing the opposite of DOGE.
The controversial defense contractor saw a sixfold surge in the value of its stock last year.
The weak yen—which has shed a third of its value in the past five years—is one factor deterring Japanese travelers from going overseas.
In court, the administration says Musk isn’t in charge. Donald Trump just said the opposite.
Musk’s task force wants to cut tens of thousands of federal workers, and now it’s aiming at people he thinks are too rich.
Drivers online are furious about a seemingly unkillable pop-up ad that offers motorists an extended warranty mid-drive.
The president says he’s killed off production of money-losing pennies, but nickels cost even more money to make—and we'd need more of them without...
Google quietly corrected an ad featuring its chatbot that claimed Gouda made up 60% of the world’s cheese consumption.
The rodents' numbers are rising because of conditions that humans have created.
A first-of-its-kind analysis suggests 1 in 4 banks are at risk of a wipeout from unchecked climate change.
Wegovy is increasingly available through Medicaid and insurance programs, some of which push the drugmaker to offer discounts.
Members of the Amazon Labor Union voted out Chris Smalls in favor of a reformist slate as they bargain with the retail giant for a contract.
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