The global personal luxury goods market shrank 2% year-over-year in 2024, according to analysis from the consulting firm Bain & Company. That marks the first contraction in 15 years, apart from a ...

A market failure ... distribution of goods and services. That is, supply should match demand at a price that is acceptable to all. Market failure is a failure of equilibrium that produces poor ...

President Donald Trump announced a trade framework with the UK, hailing it as a “breakthrough” that US officials hoped would unlock other deals to expand market access for American goods.

The numbers: The U.S. international trade deficit, including goods and services, widened 14% in March to a record seasonally adjusted $140.5 billion, the Commerce Department said Tuesday ...

according to Dow Jones Market Data. Trade talks between the U.S. and China over the weekend resulted in an at least temporary reduction in tariffs, after a tit-for-tat retaliation had left them at ...

The U.S. and China said Monday they have agreed to suspend most of the tariffs on each other's goods while further trade negotiations continue. The U.S. said it would lower its "reciprocal" tariff ...

The United States said in a joint statement that it will cut tariffs on Chinese goods to 30% from as high ... seasons," said Carol Schleif, chief market strategist at BMO Private Wealth.