Treasury Secretary Scott Bessent announced the U.S. will implement a 15% global tariff rate this week, with rates expected to return to previous levels within five months.
European companies reported divergent first-quarter results, with L'Oreal and Saab showing strong growth while EssilorLuxottica faced investor concerns.
Delta Air Lines has increased checked bag fees by $10, joining other carriers in raising prices as jet fuel costs surge.
European natural gas prices fell but supply disruption concerns from Middle East infrastructure damage limited the decline.
The Bill & Melinda Gates Foundation will reduce its workforce by up to 500 employees by 2030 while conducting an internal review of past ties to Jeffrey Epstein.
Bank of America, Deutsche Bank, and Goldman Sachs released separate investment analyses covering Indian banking, Chinese energy, and AI infrastructure sectors.
Albert Manifold has publicly addressed his recent exit from BP, calling for transparency regarding claims about his conduct during his tenure.
Various unrelated developments occurred across energy and financial sectors, including a Venezuela gas facility explosion and shifting trader expectations on Fed policy.
New data reveals American students' reading and academic performance has been declining for years before the pandemic across multiple demographics.
Stock markets hit new highs while hedge funds reduce risk and earnings reports show underlying corporate challenges.
A federal judge rejected the Justice Department's effort to reconsider his decision blocking subpoenas to the Federal Reserve and Chair Jerome Powell.
Companies are starting to receive refunds on previously paid tariffs, raising legal and policy questions about whether those savings should be passed to customers.
Hedge fund manager Bill Ackman's new closed-end fund declined sharply in early trading following its public offering.
The Justice Department requested a court vacate previous decisions quashing subpoenas in a criminal investigation into Federal Reserve Chair Jerome Powell.
British mortgage rates have climbed above 5% for the first time since August as lenders respond to geopolitical tensions in the Middle East.
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