A leading Wall Street economist who previously criticized President Donald Trump’s tariff strategy now admits that the 47th president may have “outsmarted all of us” with his trade policies.
Read More Chief economist Torsten Sløk: Trump may have ‘outsmarted all of us’ on tariffs, despite my prior criticisms
Traders now price in a nearly 25% chance of the Fed cutting rates in July, compared with 12.5% last week, according to CME Group’s FedWatch tool.
Read More S&P 500, Nasdaq near record highs as rate-cut bets creep up
Ford is recalling 132,914 Aviator SUVs because parts, including rear door window bars, may detach due to insufficient adhesive retention.
Read More Ford recalls 133,000 Lincoln Aviators over risk of detaching parts
A National Transportation Safety Board investigation found ineffective actions by Boeing and ineffective oversight by the FAA that led to a mid-air cabin panel blowout in 2024.
Read More US safety board criticizes Boeing, FAA over 737 MAX 9 panel blowout
power prices soared to their highest since the winter as homes and businesses cranked up their air conditioners to escape a brutal heat wave blanketing the eastern half of the country.
Read More US power prices soar as brutal heat wave stresses power grids
Current weight-loss methods and popular therapies like Wegovy and Zepbound result in both fat and muscle loss, which could be especially harmful for older patients.
Read More Fat, not muscle: drugmakers in race for next weight-loss breakthrough