News

U.S. Treasury Secretary Scott Bessent took a victory lap as his department reported an unexpected increase in receipts from ...
Charles Schwab said a surge in trading activity by its brokerage customers helped lift second-quarter profits by 60%. The ...
Under President Donald Trump's trade policies, US tariff revenue has soared, driven by sweeping duties on steel, aluminum, ...
The bank led a broad surge in trading revenue across Wall Street in the second quarter, fueled by the market volatility set ...
Despite singling out China for the steepest tariffs, Trump triggered a global stock market rout with April’s so-called liberation day, when he unleashed tariffs of 10 per cent to 50 per cent on most U ...
Tariff revenue quadrupled compared to a year ago and cost savings increased sharply in June to help the federal government ...
U.S. customs duties surpass $100 billion in fiscal revenue as tariffs become a major income source for the government, ...
The Treasury Department reported on Friday that the budget shortfall increased by $64 billion to $1.3 trillion in the first ...
Recent domestic news features a surge in used car prices driven by tariffs, tariff revenue predictions by the US Treasury, ...
Why It Matters: This news comes on the heels of the U.S. Customs and Border Protection (CBP) collecting over $106 billion in ...
The recent surge in imports reflects efforts by companies across the country to bring in foreign goods before more duties kicked in. New orders for manufactured durable goods, for example, jumped 9.2% ...
May's surge in revenue came as many of Trump's duties were only felt for an entire month after his biggest tariffs — 10% duties on nearly every country in the world — took effect on April 5.