Good afternoon and happy Monday, readers! Congress is out of session for the remainder of the month, but before leaving for break, key Senate Republicans announced they are blocking some of President ...

BP just made its biggest oil discovery in 25 years—and it’s in Brazil, not the U.S. The Bumerangue field, hidden deep under 2,400 meters of water, could make Brazil a new global oil superpower. But ...

The tariffs decrease US merchandise imports by $486.7 billion. But as they drive up the cost of US supply chains and shift ...

First, all countries agreed to unequal tariffs. The U.S. charges 15% to 20% on most imports, while the trading partner charges little on U.S. goods. This is good for the U.S. Treasury, offsetting some ...

Brazilian President Luiz Inacio Lula da Silva initially said he would respond under the country's Economic Reciprocity Law, ...