Economy

Amazon has restarted drone deliveries in two states after a months-long pause, the company confirmed. In January, Amazon halted Prime Air deliveries in College Station, Texas, and Tolleson, Arizona, the two U.S. markets where it’s testing the service, as the company rolled out a software update to its drone fleet. Amazon discovered an abnormality with […]

President Donald Trump speaks during a swearing-in ceremony in the Oval Office at the White House in Washington, March 28, 2025. Andrew Harnik | Getty Images President Donald Trump is about to announce his biggest batch of tariffs yet. And while major details about them are shrouded in mystery, one thing is clear: Some trade […]

LightSource cofounders: CTO Idan Mintz and CEO Spencer Penn Courtesy: LightSource With President Donald Trump set to impose sweeping tariffs on a wide swath of U.S. trading partners this week, corporate America is awash in uncertainty. LightSource, a San Francisco startup whose software helps companies manage their procurement process, costs and vendor relationships, didn’t know […]

CNBC’s Jim Cramer said Monday that investor sentiment has gotten too negative but could improve if President Donald Trump clarifies his tariff policies. Measures like inflation and unemployment have shown positive signs for the economy, and the stock market soared last year, Cramer said. But despite these bullish signals, the Trump administration’s tariff policy and […]

Federal Reserve Chair Jerome Powell said Wednesday that the U.S. central bank could cut interest rates at its September meeting if economic data continues on its current path. “If that test is met, a reduction in our policy rate could be on the table as soon as the next meeting in September,” Powell said. Recent […]

Republican presidential candidate former President Donald Trump walks on stage at the National Association of Black Journalists, NABJ, convention, Wednesday, July 31, 2024, in Chicago. Charles Rex Arbogast | AP Donald Trump’s appearance Wednesday at the National Association of Black Journalists’ annual convention in Chicago almost immediately went off the rails, as the Republican presidential […]

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U.S. Vice President Kamala Harris speaks during an NCAA championship teams celebration on the South Lawn of the White House in Washington, D.C., on July 22, 2024. Andrew Harnik | Getty Images The United Auto Workers on Wednesday endorsed Vice President Kamala Harris over Republican presidential nominee and former President Donald Trump. The union’s endorsement […]

U.S. Vice President Kamala Harris speaks at a campaign rally at the Georgia State Convocation Center in Atlanta on July 30, 2024. Elijah Nouvelage | AFP | Getty Images After Donald Trumpthe Republican nominee for president, gained the vocal support of a slice of the tech investing world, a large group of venture capitalists came […]

President Donald Trump speaks to reporters about auto tariffs after signing an executive order in the Oval Office at the White House on March 26, 2025. Jabin Botsford | The Washington Post | Getty Images With one more trading day left in March, Wall Street is poised to turn in terrible monthly and quarterly declines […]