Mortgage rates tumble on tariffs, but housing costs still near record high
Mortgage rates fell sharply Thursday, following the Trump administration's tariff announcement, but a huge share of Americans still can't afford to buy a home.
Trump’s 25% auto tariffs are in effect. What investors need to know
CNBC breaks down what investors should know about how the additional levies will impact individual vehicles and automakers.
Stellantis idles plants in Mexico and Canada due to tariffs
Stellantis said it is pausing production at the automaker's Windsor Assembly Plant in Ontario, Canada, and its Toluca Assembly Plant in Mexico.
Layoff announcements surge to the most since the pandemic as Musk’s DOGE slices federal labor force
The surge in March was exceeded only by when the country shut down in 2020 for the Covid pandemic,
Xiaomi delivers record cars in March as winners emerge in China’s EV race
Chinese electric vehicle startups Xiaomi, Xpeng and Leapmotor each reported in March delivery volumes that were roughly double of their startup competitors.
Trump will ‘buckle under pressure’ if Europe bands together over tariffs, German economy minister says
U.S. President Donald Trump could change his trade policies if he comes under pressure from trading partners, German economy minister Robert Habeck suggested.
How did the U.S. arrive at its tariff figures?
The White House Wednesday listed tariff rates for different countries. It didn't take long for market observers to try and reverse engineer the formula.