Breaking News: Economy
Why it appears Washington is becoming friendlier toward crypto ETFs under Trump
ETF Edge Why it appears Washington is becoming friendlier toward crypto ETFs under Trump Published Wed, Jul 30 20257:00 AM EDT Siena Griffin@siena_griffin WATCH LIVE Source
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Adidas slumps 9% as sportswear giant warns tariffs to drive up U.S. prices
Adidas shoes are displayed at a DSW store on January 31, 2024 in Novato, California. Justin Sullivan | Getty Images Shares of Adidas fell Wednesday after the German sportswear giant flagged a double-digit million euro hit from U.S. tariffs in the second quarter and warned that current import levies will push up the cost of its […]
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Bessent to American businesses: ‘Not the end of the world’ if April 2 tariffs kick in
Top Trump administration officials insist that the Aug. 1 deadline is not changing, even as dozens of countries’ trade negotiations are unresolved. Source
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United Airlines flight attendants reject contract with immediate raises of at least 26%
United Airline flight attendants picketed outside Terminal B at Logan Airport Thursday morning seeking a new contract. John Tlumacki | Boston Globe | Getty Images United Airlines flight attendants voted down a new labor contract that called for immediate raises of at least 26% and other quality-of-life improvements, their union said Tuesday. The flight attendants’ […]
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Real estate developers say affordable housing could soon become more profitable
A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to venture capitalists, private equity funds, family offices, institutional investors and large public companies. Sign up to receive future editions, straight to your inbox. Whether it’s in […]
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Stocks making the biggest moves after hours: Cadence Design Systems, Whirlpool, Nucor and more
Check out the companies making headlines in after-hours trading. Cadence Design Systems – Shares of the computer software company jumped more than 6% after its latest quarterly results beat on the top and bottom lines. For the second quarter, Cadence reported adjusted earnings of $1.65 per share on revenue of $1.28 billion, above the $1.55 […]
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Chinese exports to U.S. could decrease by $485 billion by 2027: Tariff simulator
A cargo ship loads and unloads foreign trade containers at Qingdao Port in Qingdao, Shandong Province, China, on July 25, 2025. Nurphoto | Nurphoto | Getty Images Exports from China to the U.S. could fall by close to a half-trillion dollars ($485 billion) between now and 2027, according to a tariff simulator that forecasts shifts […]
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Trump: Global baseline tariff will likely be 15% to 20%
President Donald Trump said Monday that he will likely implement a blanket tariff between 15 and 20% on imports to the United States from countries that have not negotiated separate trade agreements. “For the world, I would say it’ll be somewhere in the 15 to 20% range … I just want to be nice,” Trump […]
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Trump trade rep sets low bar for China trade talks, no ‘enormous breakthrough’ expected
U.S. Trade Representative Jamieson Greer said Monday that China’s willingness to hold trade talks with the United States this week is a “good sign,” but he is not expecting any “enormous breakthrough.” “I don’t expect some kind of enormous breakthrough today, what I expect is continued monitoring and checking in on the implementation of our […]
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U.S. trade deal offers initial relief but leaves Europe on the backfoot
US President Donald Trump (R) and European Commission President Ursula von der Leyen (L) speak to the press after agreeing on a trade deal between the two economies following their meeting, in Turnberry south west Scotland on July 27, 2025. Brendan Smialowski | Afp | Getty Images After an initial sigh of relief at the […]
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