Former Douglas Elliman CEO Dottie Herman and Stew Leonard’s President and CEO Stew Leonard Jr. speak with Fox News Digital about their opposition to NYC mayoral candidate Zohran Mamdani’s policies. (Fox Business) NEW YORK CITY — As Democratic Socialist Zohran Mamdani…
Browsing: Economy
In a dramatic revelation that underscores both a massive failure of data security and an extraordinary effort at damage control, the UK government has confirmed that up to 7,000 Afghan nationals are being secretly relocated to the United Kingdom following…
In a sharp escalation of trade tensions, President Donald Trump has announced a 35% tariff on select Canadian imports, effective August 1, tightening pressure on Canada over issues ranging from fentanyl trafficking to retaliatory trade measures. Crucially, goods compliant with the United…
Novartis AG NOVN –.–% Sanofi SA SAN –.–% Roche Holding AG ROG –.–% Eli Lilly and Co LLY –.–% Johnson & Johnson JNJ –.–% U.S. pharmaceutical companies are racing to assess the fallout from President Donald Trump’s proposal of a 200%…
Europe is “losing” the fight for economic supremacy against its main rivals China and the US, and faces a drought of globally competitive companies, the head of JP Morgan has warned. Jamie Dimon, chief executive of the world’s biggest bank,…
While the United States’ aggressive tariff strategies continue to dominate global trade headlines, a quieter but increasingly tense economic confrontation is unfolding between China and the European Union — one that could have lasting implications for global markets, supply chains, and industrial…
Detroit, MI – Ford Motor Co. is facing a persistent supply shortage of rare-earth magnets—critical components for EV motors and various automotive systems—despite a recent U.S.–China agreement intended to ease export restrictions. The situation remains dire, forcing Ford into a…
The British pound rallied to its highest level in almost four years on Thursday, even as analysts remain divided on the potential for further upside. Sterling was last seen trading more than 0.5% higher against the U.S. dollar, hitting $1.3736 — its…
Former U.S. President Donald Trump is intervening in current transatlantic trade negotiations to bolster American oil giants by pressuring the European Union to relax its landmark climate regulations—moves that threaten to weaken global environmental commitments. In recent trade discussions ahead…
The S&P 500 on Thursday flirted with closing at an all-time high, vying to complete a whirlwind roundtrip that saw the benchmark US stock index shed and then regain roughly $9.8 trillion in market value across just four months. The…
