DETROIT — Prices of new and used vehicles in the U.S. are expected to notably increase this year amid President Donald Trump’s 25% auto tariffs, according to a new analysis from industry experts at Cox Automotive. The automotive data and advisory firm expects the levies to add thousands of dollars to the costs of new […]

There are many types of car insurance to keep you safe on the roadway. Some coverage is mandatory and is determined by the state where you live. Other types are required by lenders, and cover the costs of damage to your car. Here’s how each kind of car insurance coverage can affect your wallet. Key

The market has been through a housing crash, a dotcom bubble, a global pandemic, and the twin headwinds of the Russia-Ukraine war and runaway inflation in recent history, but no downturn caused by the policy of a U.S. president. That’s now changed. “This is the Trump recession.” Those were the words of a U.S.-based chief

U.S. stock futures tumble as the selloff in response to President Donald Trump’s tariffs continues; global stocks drop as markets in Europe, Japan, and Hong Kong post steep declines; bitcoin (BTCUSD) falls to its lowest level since November; Goldman Sachs (GS) raises its odds of a U.S. recession and lowers its GDP forecast; and JPMorgan

Global bond yields are cratering in the wake of U.S. Donald Trump’s tariff announcement last Wednesday, as investors hunt for any safe havens as stock markets plunge. The yield on Germany’s 10-year bund — the benchmark for the euro area — has dropped from 2.72% on Wednesday to 2.59% on Monday afternoon. The yield stretched

JPMorgan Chase CEO Jamie Dimon said Monday that tariffs announced by President Donald Trump last week will likely boost prices on both domestic and imported goods, weighing down a U.S. economy that had already been slowing. Dimon, 69, addressed the tariff policy Trump announced on April 2 in his annual shareholder letter, which has become

Bill Ackman, CEO of Pershing Square Capital Management, speaks during an interview for an episode of “The David Rubenstein Show: Peer-to-Peer Conversations,” in New York on Nov. 28, 2023. Jeenah Moon | Bloomberg | Getty Images Billionaire investor Bill Ackman said that America was heading toward a self-inflicted “economic nuclear winter” as a result of

Key Takeaways Tariffs revealed by President Donald Trump last week are scheduled to take effect Wednesday, with markets looking set to extend a wild run since the announcement. China announced a 34% retaliatory tariff on all goods imported from the U.S. expected to start on Thursday. The March Consumer Price Index is expected on Thursday,

Excluding the pandemic years, the U.S. economy is on track to do something last seen during the first quarter of 2009 — and it’s not good news. Before Feb. 19, the stock market was seemingly unstoppable. The widely tracked Dow Jones Industrial Average (^DJI -5.50%), broad-based S&P 500 (^GSPC -5.97%), and growth-dependent Nasdaq Composite (^IXIC

“The Japanese yen will be a good — and probably the best — candidate to hide from trade tensions and a U.S. recession, for a whole host of familiar reasons,” said Ebrahim Rahbari, head of rates strategy at Absolute Strategy Research. Zhang Xiaoyu | Xinhua News Agency | Getty Images Investors are flocking to safe