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Powell repeated his view Tuesday that U.S. inflation is likely to pick up later this summer, though he acknowledged that the timing and magnitude of any price increase from the duties is uncertain.

"We'll look at how a country treats us -- are they good, are they not so good -- some countries we don't care, we'll just send a high number out," Trump told Fox News Channel's "Sunday Morning Futures" during a wide-ranging interview taped Friday and ...

The gains on Friday were broad, with nearly every sector within the S&P 500 rising.

President Donald Trump, in a post on his social media network, said Canada had just informed the U.S. that it was sticking to its plan to impose the digital services tax, which applies to Canadian and foreign businesses that engage with online users ...

U.S. District Judge Vince Chhabria found that 13 authors who sued Meta "made the wrong arguments." But the judge also said that the ruling is limited to the authors in the case and does not mean that Meta's use of copyrighted materials is lawful.

The U.S. economy shrank at a 0.5% annual pace from January through March as President Donald Trump's import taxes at least temporarily disrupted business, the Commerce Department said.

The National Taxpayer Advocate report notes that the IRS historically receives more calls after significant changes in tax law, so it may need additional employees and improved digital tools to maintain its level of service if Trump's legislative ...

Powell said Tuesday that the economy is in a good position and that the Fed needs to learn more before adjusting rates. Powell is facing two days of what could be tough grilling on Capitol Hill, as Trump has repeatedly urged the Fed to reduce ...

President Donald Trump urged stepped-up production as the White House sharpened its warnings to Iran against closing the Strait of Hormuz, a vital oil and gas shipping lane, in retaliation for the U.S. strikes on Iran's nuclear program.

The price of oil rose and U.S. stock futures fell as global markets react to the U.S. strike against nuclear targets in Iran.