Economy

New vehicle sales jumped in the spring as consumers tried to get ahead of tariff-induced price increases. Sales have since cooled, but major price hikes haven’t yet arrived.

Economist Mohamed El-Erian expressed concern, as consumers and businesses pull back spending and investors appear to question the role of the U.S. dollar.

National spending on health care will surpass 20% of GDP by 2033, up from 17.6% in 2023, according to new government estimates.

Shadow fleets, groups of tanker ships used by sanctioned nations like Iran and Russia to move oil, comprise an estimated 17% of all international tankers, according to an Allianz report.

President Donald Trump could announce his pick for successor to Federal Reserve Chair Jerome Powell as soon as this fall.

The White House gave itself 90 days to negotiate new trade deals with countries across the globe.

It’s about getting more for less.

Winnebago’s downbeat earning report is another sign that RV sales are parked.

Two Republican senators unveiled a proposal that would change how most cryptocurrencies are regulated — and more importantly, by whom.

Tariffs, a new tax-and-spend bill, conflicts in the Middle East … It’s all just a lot.