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As President Donald Trump continues enforcing high trade tariffs on foreign nations, Europe appears to be preparing a forceful response. On Thursday, Trump issued a warning of steep tariffs against the European Union, labeling the bloc “one of the most hostile and abusive taxing and tariffing authorities in the world.” He further claimed that the…

For the better part of the last two and a half years, “the bulls have been in firm control on Wall Street.” The Dow Jones Industrial Average, the benchmark S&P 500, and the growth-oriented Nasdaq Composite “all achieved numerous record-closing highs during the current bull market rally.” The driving forces behind this rally have been…

It’s not hard to imagine why so many people want to channel Warren Buffett and his legendary firm Berkshire Hathaway (NYSE:BRK-B), which has trounced markets since its inception. Undoubtedly, some doubts arose when Berkshire struggled to top the S&P 500 by a meaningful margin in recent years. In recent quarters, Buffett and Berkshire have been…

Donald Trump’s economic policies are unpopular with just about everyone. Americans are unhappy with the president on just about every key issue, according to a poll published Thursday by Quinnipiac University. Just 50 days into his second term, the majority of Americans—53 percent—disapprove of Donald Trump’s performance. That’s 11 points worse than Trump scored in…

When it comes to jeans, it’s hard to reinvent the wheel. There are flares and skinnies, high-rise or low, but denim trends tend to oscillate back to what’s been done before. So when something fresh does finally hit the market, we take notice. Levi’s, the brand that takes credit for inventing denim altogether, has created…

Spain will struggle to meet Nato’s defence spending targets due to political divisions and the weak position of the country’s Left-wing government. But another factor complicates this effort: its booming economy. Pedro Sánchez, Spain’s prime minister, is seeking support from other party leaders to accelerate the country’s progress toward the 2 per cent target, following…

columnist Jeff Ferry. “American workers have known for years that something in our trade system is broken.” Factories have shut down and jobs have moved overseas, not just because of bad trade deals or cheaper labor but due to a “rigged currency game.” From the beginning, Trump’s “America First” trade agenda targeted unfair currency practices.…

President Donald Trump says he believes tariffs are a panacea: a catch-all economic tool that can restore America’s manufacturing prowess, bring foreign nations to heel on key disputes, restore the balance of trade and bring in gobs of money that can help pay off the US deficit and reduce Americans’ tax burdens. Trump is correct…

Warren Buffett has once again demonstrated the wisdom of his long-held mantra: “Be fearful when others are greedy and to be greedy only when others are fearful.” The 94-year-old billionaire investor, often referred to as the Sage of Omaha, correctly positioned his portfolio ahead of Wall Street’s latest downturn, betting that Donald Trump’s policies would…

Mark Carney, Canada’s soon-to-be prime minister, weathered two era-defining implosions in his career as a central banker: the 2008 global financial crisis and Brexit. He has dealt with political chaos, societal upheaval and economic meltdown. Now he faces what is arguably the challenge of a lifetime: Donald J. Trump. Can Mr. Carney negotiate with Mr.…