A furniture factory worker in Hickory, N.C., Oct. 28, 2021. President Donald Trump ushered in new tariffs on imported furniture, kitchen cabinets and lumber on Tuesday, October. 14, 2025, adding a fresh round of levies as he once again threatened to expand his trade war with China. (Travis Dove/The New York Times) By ANA SWANSON and SYDNEY EMBER President Donald Trump ushered in new tariffs on imported furniture, kitchen cabinets and lumber on Tuesday, adding a fresh round of

A rebound in the dollar over the past month is unlikely to last given it was largely due to repositioning over temporary factors including the disruption of U.S. economic data due to the U.S. government shutdown and upheaval in the governments of rival currencies. The greenback has climbed about 3% against a basket of currencies since mid-September, recovering from more than three-year lows after falling nearly 11% earlier this year. Speculators’ net short bets on the dollar

President Donald Trump makes an announcement regarding drug prices in the Oval Office at the White House in Washington, Friday, Oct. 10, 2025. (Photo by Haiyun Jiang/The New York Times) By REBECCA ROBBINS and MARGOT SANGER-KATZ President Donald Trump late last week announced a deal with British drugmaker AstraZeneca to lower drug prices, his second pact with a major pharmaceutical company in an effort to make prescription drugs more affordable. Under the deal, AstraZeneca agr

Wall Street’s main indexes rallied on Monday, led by gains in Broadcom and other chipmakers, after President Donald Trump struck a conciliatory tone that eased worries about renewed U.S.-China trade tensions. Lifting sentiment, U.S. Treasury Secretary Scott Bessent said in an interview with Fox Business Network that Trump was on track to meet his Chinese counterpart in South Korea as the two sides work on de-escalating trade frictions that grew late last week. AI-related tech

Investors will look to major banks’ quarterly earnings reports in the coming week to help gauge the U.S. economy’s health as the federal...

A surge in U.S. wealth has been driven by stock and home values. But the gains are concentrated at the top, leaving others in a sour...

Short-bias exchange-traded funds, which bet against stock indexes and fast-rising sectors like technology and artificial intelligence,...

The air filters, with their red roofs, attached to the turbine hall at the TotalEnergies power plant in Toul, France, June 12, 2025....