Shares of electric carmaker Tesla surged 6.5% in the first trading since CEO Elon Musk said his time devoted to the Department of Government Efficiency would "drop significantly" next month, paving the way for his return to the company.

The outlook for the U.S. and global economies this year and next has significantly worsened in the wake of President Donald Trump’s tariffs and the uncertainty they have created

Business activity in the U.S. and Europe weakened in April, in contrast to pickups in Japan and India, underlining the diverse ways in which higher U.S. tariffs are affecting economies around the world.

President Donald Trump already has enacted higher tariffs against U.S. trade partners as part of his plan to rework world trade and encourage more U.S. manufacturing. The chart above shows Trump's new tariffs that are in place already,

Donald Trump's tariffs have helped nudge Europe's central bank into cutting interest rates further—action the U.S. president has been demanding of the Federal Reserve. President Trump has heavily criticized the Fed for not cutting rates fast enough,

The price of gold jumped to a fresh record high on Tuesday, as concerns about US President Donald Trump’s intention to oust Federal Reserve Chair Jerome Powell weighed on investors.

Stock markets were enjoying a much-needed relief rally in Asia on Wednesday after U.S. President Donald Trump said he had no plans to fire the head of the Federal Reserve, and hinted at lower tariffs for China.