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Duties pose one-two punch for an industry already reeling from renewed embrace of fossil fuels

Founder of hedge fund Citadel also floats possibility of selling minority stake in firm to outside investors

US central bank risks relying too much on backward-looking data, economists warn

Bessent is a pragmatic pick, but he will not make up for the president-elect’s unpredictability

Plus the energy-inflation link

The high spirits that greeted the US president’s election triumph in November have faded

Levies on some vehicles set to reach 40%-50% when combined with threatened reciprocal tariffs

Measures designed to protect the struggling US steel industry could also help a cohort of global producers

The trade deficits will remain roughly unchanged — the globe will just end up poorer

Former president spars with judge and the state’s lawyers in trial that threatens his business empire