Steve Kopack

The Treasury Department said Thursday that it made its final order of blank pennies this month as its moves to end production of the 1-cent coin. In February, President Donald Trump ordered a halt to producing new pennies, which he

Raising prices on consumers to cover the costs of President Donald Trump’s tariffs will be Target’s “very last resort,” CEO Brian Cornell said Wednesday. The remarks came as Target reported weaker-than-expected sales in its first quarter and cut its full-year

Walmart said in February that it wasn’t “immune” from the costs of President Donald Trump’s tariffs. Now it’s preparing shoppers to pay more, potentially within weeks. The retail giant is likely to start rolling out tariff-related price hikes “towards the

President Donald Trump has signaled a willingness to drastically cut the U.S.’ current 145% tariff rate on China ahead of trade talks between the two countries. Trump wrote in a Truth Social post Friday morning: “80% Tariff on China seems

The STOXX Europe 600 index, which tracks hundreds of companies across 17 European countries, is up 7.7% so far this year. Germany’s DAX index has risen more than 15%, and the CAC 40 in Paris is up around 9%. Across

President Joe Biden said Friday that he has decided to block a $15 billion takeover of U.S. Steel by the Japanese company Nippon Steel, capping off a yearlong business saga that drifted into election-year politics. The decision comes after a

The Dow Jones Industrial Average is hitting the skids, weighed down in large part by UnitedHealth Group since one of its top executives was killed. The Dow fell 267 points Tuesday, closing 0.6% lower after nine straight days of declines

Within a day of their $25 billion merger’s falling apart in court, Kroger and Albertsons were each planning to move forward with share repurchases to boost their stock prices and reward investors. America’s two largest grocery store operators had argued