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Buying a home in America could get harder. Homebuilder PulteGroup (PHM) warned on its post-earnings conference call that rising tariff costs will pressure home prices, affecting every price point in their markets. “We’re in the range of $5,000 on average, and it will impact every single price point and consumer group . . .
Since the start of President Trump’s second term in office, a number of corporations have announced plans to expand their production capabilities in the U.S. The announcements come as some of the Trump administration’s new tariffs take effect, with other import duties still pending. Although not all the companies expecting to grow their manufacturing footprint in […]
JD Vance says Trump seeks to ‘rebalance global trade’ while announcing progress on US-India trade talks JD Vance, the US vice-president, has said in India that the Donald Trump administration is seeking “to rebalance global trade”, and announced that in talks with India’s prime minister Narendra Modi the pair had “officially finalised the terms of […]
Asian markets fell slightly on open and wavered around the flatline as Trump continues to rail against Jerome Powell and the Federal Reserve, weakening faith in US assets and leading to a broad sell-off. Japan’s Nikkei 225 (^N225) and Topix (
More than 100 presidents of US colleges and universities have signed a statement denouncing the Trump administration’s “unprecedented government overreach and political interference” with higher education – the strongest sign yet that US educational institutions are forming a unified front against the government’s extraordinary attack on their independence. The statement, published early on Tuesday by […]
US trade officials are preparing to impose tariffs of up to 3,521% on imports of solar panels from four south-east Asian countries, while the International Energy Agency has said lessons from the energy crisis following Russia’s invasion of Ukraine had not been fully learned. The US commerce department has announced the new tariffs, targeting companies […]
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A photo showing the logo of Swiss pharmaceutical giant Roche in Basel. SEBASTIEN BOZON | AFP | Getty Images Swiss pharmaceutical giant Roche on Tuesday said that it would invest $50 billion in the U.S. over the next five years, amid concerns about the impact of possible new White House tariffs on pharma goods from […]
US President Donald Trump said on Monday that his administration cannot give everyone it wants to deport a trial “because to do so would take, without exaggeration, 200 years.” In the post on his social media platform Truth Social, Trump talked about removing criminals and those illegally in the US. This comes as an increasing number of Venezuelan […]
CNN — Russian President Vladimir Putin said Monday he is open to the possibility of bilateral talks with Ukraine for the first time in years, as pressure from the United States builds on both sides to agree to a quick peace deal.