"When you think about it, in the normal course, getting quietly to do a 10% tariff on everything from everywhere was a huge achievement," Secretary Wilbur Ross tells Fortune.

President Donald Trump, speaking from the White House on Friday, said Iran was struck by Israel because it failed to accept the terms of a nuclear deal he personally offered them two months ago. “Two months ago I gave Iran a 60-day ultimatum to ‘make a deal.

The Trump administration on Thursday launched a website for those interested in a $5 million investor visa for the U.S. to sign up for early access to a newly created “gold card.” “Thousands have

The dollar’s worst start to a year on record, Bristol Myers plans to develop new cancer drug, Apple’s WWDC is coming, and more news to start your day.

Trump’s administration is marshaling vast public resources and more than $1 billion worth of taxpayer money to flatter the president

Key Takeaways The U.S. dollar slid to its lowest level since March 2022 on Thursday, putting the benchmark dollar index on track to post its worst first half since that year.The dollar's steep decline has led some market watchers to speculate that the greenback is losing its role as the global reserve currency and backbone of global finance.

President Donald Trump has pressured the U.S. dollar this year after slapping sweeping import tariffs on trading partners.

U.S. President Donald Trump's erratic policies are rattling a currency peg that has withstood the test of time and is seen as an anchor for China and Asia.The Hong Kong dollar has whipsawed from one end of its narrow trading band to the other versus the greenback in just a month.