U.S. President Donald Trump on Thursday signaled a potential end to the tit-for-tat tariff hikes between the U.S. and China that shocked markets, and that a deal over the fate of social media platform TikTok may have to wait.

Jerome Powell said the Federal Reserve could be in a "challenging scenario" with Trump's tariffs. Trump teased to fire him on Truth Social.

Federal Reserve Chairman Jerome Powell is infuriating President Donald Trump by not moving to further cut interest rates, in contrast to aggressive easing by the European Central Bank.

President Donald Trump said on Thursday he believes Federal Reserve chairman Jerome Powell will leave his job if Trump asks him to do so.

"There will be a trade deal 100%," Trump said ahead of a luncheon at the White House with Italian Prime Minister Giorgia Meloni. "I fully expect it."

President Donald Trump expects to reach a trade deal with the European Union, but says he's in no rush to finalize tariff agreements. “There’ll be a trade deal,” Trump said Thursday, adding “I fully expect it,

President Donald Trump said on Thursday that Harvard University is abusing its tax-exempt status as he escalated his fight with the institution. "I think Harvard is a disgrace," Trump told reporters.

President Donald Trump called Harvard a "joke" Wednesday and said it should lose its government research contracts after the top US university refused to accept demands to come under outside