"Neither side wants a decoupling,” said Treasury Secretary Scott Bessent, adding previous tariff levels amounted to an "embargo"
Too soon to tell if inflation or unemployment poses the greater risk, says head of Richmond branch
Tariffs drive shift in supply chains, with exports to other Asian countries surging
The U.S. central bank is expected to keep its policy rate unchanged Wednesday
Layoffs remain historically low as economy shows early signs of slowing
Mahon has spent 39 years with the company, 12 as CEO
Central bank cites layers of uncertainty regarding U.S. tariffs
A rush to buy cars and other goods fuelled a 0.7% rise in consumer spending in March
Canada faces a modest downturn and rising jobless rate
Manufacturing activity drops to a 16-month low, with export orders falling sharply