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Tesla Inc. continues to post steep sales declines in Europe’s biggest electric vehicle markets, where the Elon Musk-led automaker is ceding significant share to China’s BYD Co.

President Donald Trump said that US tariffs on semiconductor and pharmaceutical imports would be announced “within the next week or so,” as the administration prepares to target key economic sectors in its effort to remake global trade.

Asian stocks were mostly set to follow Wall Street higher after a fresh wave of dip buying drove the S&P 500’s biggest rally since May.

President Donald Trump said Treasury Secretary Scott Bessent told him he didn’t want to be nominated to replace Jerome Powell as the next chair of the Federal Reserve.

President Donald Trump’s expanded reciprocal tariffs will not apply to any products loaded onto a vessel for transport into the US before 12:01 a.m. New York time on Thursday, according to guidance issued by US Customs and Border Protection.

A chorus of stock market prognosticators at some of Wall Street’s biggest firms is warning clients to prepare for a pullback as sky-high equity valuations slam into souring economic data.

Germany has received the go-ahead from the European Union for more than half of its planned gas-plant expansion, and remains in “advanced talks” regarding the rest, economy minister Katherina Reiche said.

South Africa will seek jail time, fines and higher taxes for breaches of proposed rules to govern carbon emissions that will apply to almost all sectors of the economy.

President Donald Trump said he will announce a new Federal Reserve governor and a new jobs data statistician in the coming days, two appointments that may dramatically shape his economic agenda amid global anxiety.

Während die US-Zölle für große Handelspartner wie China, EU und Kanada schon seit Wochen für Schlagzeilen sorgen, bleibt ein Kapitel der Wirtschaftspolitik von US-Präsident Donald Trump weitgehend unbeachtet: Auch vielen afrikanischen Ländern hat Trump höhere Zölle angedroht. Die Auswirkungen könnten nicht nur wirtschaftlich, sondern auch geopolitisch groß sein. Experten sehen damit China auf dem Kontinent weiter auf dem Vormarsch.

President Donald Trump said he will announce a new Federal Reserve governor and a new jobs data statistician in the coming days, two appointments that may shape his economic agenda amid anxiety over the trajectory of global growth.

Citigroup Inc. revised its bearish forecast for gold, with analysts now predicting bullion will rally to a record high in the near term due to a worsening US economy and inflation-boosting tariffs.

OPEC+ closed a two-year chapter in its oil strategy on Sunday with the last in a series of bumper oil production increases. But it left crude traders with a cliffhanger.

Swiss stock investors are bracing for Monday’s market reopening after US President Donald Trump slapped a punitive 39% export tariff on the country, among the highest in the world.

OPEC+ will sharply hike production again in September to finish unwinding its latest tranche of supply cuts in a push for market share, but left a question mark hanging over its future options as global markets face a mounting surplus.

The euro area is weathering current geopolitical challenges, according to European Central Bank Governing Council member Christodoulos Patsalides.

Six months into his comeback term, Donald Trump has taken full ownership of the US economy. For better or worse, his party must now sell it to voters.

President Donald Trump suddenly has a chance to fill an opening at the Federal Reserve earlier than expected, after Fed Governor Adriana Kugler announced her resignation Friday.

A weaker-than-expected July jobs report is calling into question the Federal Reserve’s wait-and-see approach to interest-rate cuts, boosting the likelihood of a reduction at the central bank’s next meeting in September.

The White House on Thursday released adjusted reciprocal tariff rates covering imports from a range of trading partners, aimed at narrowing trade deficits and raising revenues.

Der Zickzackkurs der US-Regierung von Donald Trump bei Zöllen geht weiter – und setzt US-Handelspartner und die weltweite Wirtschaft unter Druck. Auch im eigenen Land bekommt Trump zunehmend Probleme, die er auf eigene Art lösen will: Wegen enttäuschender Arbeitsmarktzahlen feuerte Trump die Chefin der Statistikbehörde Bureau of Labor Statistics (BLS). Und bei der Fed gibt es einen Rücktritt.

The latest employment report showed the steepest downward revisions to US jobs growth since the pandemic, offering a dramatically different picture of the labor market in recent months.

US factory activity contracted in July at the fastest pace in nine months, dragged down by a faster decline in employment as orders continued to shrink.

France’s wine and spirits industry expects to lose €1 billion should the US go ahead with imposing a 15% import tariff on their products next week, as the European Union makes a last-ditch effort to obtain an exemption.

Switzerland’s 11th-hour phone call with Donald Trump offered the nation a harsh reality check: A trade deal isn’t a deal unless the US president personally closes it.

Die Teuerungsrate im Euroraum hat sich im Juli auf der Zielmarke der Europäischen Zentralbank gehalten. Auch die viel beachtete Kerninflation verharrt auf dem Vormonatswert.

Im Juli waren 359.374 Personen beim Arbeitsmarktservice arbeitslos oder in Schulung gemeldet. Das AMS verzeichnet einen deutlichen Anstieg der Arbeitslosigkeit bei Frauen

US job growth cooled sharply over the past three months and the unemployment rate rose, showing the labor market is shifting into a lower gear amid widespread economic uncertainty.

Euro-area inflation held at the European Central Bank’s target, supporting the case for officials who say there’s no rush to keep lowering interest rates.