The Latest in Financial & Business News

Speaker of the House Mike Johnson talks to reporters at the Capitol in Washington on Tuesday.

Trump fails to sway many House GOP holdouts as his ‘big’ bill of tax breaks and spending cuts stalls

President Trump summoned House Republicans to the White House for a midday meeting as House Speaker Mike Johnson pulls out all the stops to nudge the process forward.

The Globe’s Top Places to Work nominations are now open for 2025

China raises its retaliatory tariff on the US; EU imposes new tariffs on $23 billion in US goods
China said it would raise tariffs on US goods to 84 percent, and European Union member states voted to approve retaliatory tariffs in response to Trump’s 25% tariffs on imported steel and aluminum.

How much will car prices go up with tariffs? New England buyers aren’t waiting to find out.
New car dealers are doing great — for now — as US consumers rush to buy before the 25 percent tariff on imported cars and car parts result in higher prices.

Analysis | Aaron Pressman
First the stock market crashed, now the bond market is tumbling. This could be really bad.
When both markets sink at the same time, that can be a sign of extreme stress in the financial system.

Trump’s tariffs have launched global trade wars. Here’s a timeline of how we got here.
Long-threatened tariffs from President Trump have plunged the country into trade wars abroad — all while on-again, off-again new levies continue to escalate uncertainty.

Can accessory dwelling units ease the Cape’s housing crisis?
With the Affordable Homes Act taking effect in February, these backyard units are poised for expansion.

FDR started Social Security. Ninety years later, his grandson, Boston lawyer Jim Roosevelt, wants to save it.

Dr. Deborah Palmer checked her patient Kevin Tighe in his Holland home as part of her direct primary care practice, which involves a monthly subscription fee that doesn't accept insurance.

A doctor you can text, call, and see within a day? Inside the growing model of ‘direct primary care.’

New England’s 50 fastest-growing companies

data projects

Explore rent estimates and trends all over Eastern Mass.

Track grocery prices in Mass. and across the United States

The Walgreens on Warren Street, shown here in late February, became the fourth Walgreens to shutter in predominantly Black and Latino areas of Boston in two years.

Why nearly 15,000 Bostonians live in ‘pharmacy deserts’

BOLD TYPES

Steve Samuels, the principal of Samuels & Associates, a longtime Boston-based development firm.

Steve Samuels wants to stitch the city together

Globe reporter Janelle Nanos sits down with leaders in the city’s business community to talk career paths, accomplishments, and visions for Boston’s future.

Explore the full series

ON THE STREET

A view of Moody Street in Waltham at dusk on Dec. 18.

Waltham's Moody Street wrestles with its future

The changing face of Greater Boston neighborhoods.

Explore the full series

tech power players 50

Tech Power Players 50 list of 2024

Our third annual ranking highlights leaders who make New England’s technology scene vibrant and vital.

See who ranked No. 1Explore the full project

Have a consumer problem? The Globe’s Fine Print columnist wants to help.

Listen to Globe Opinion's podcast, ‘Say More with Shirley Leung’

Congress Street in Boston's Financial District on July 29, 2020.

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More business headlines

Views of Lake Millinocket and Mount Katahdin.

Where to buy a New England vacation home for $400,000 or less

Massachusetts’s real estate market is skyrocketing but there are still beautiful, underrated locations in New England where you can buy a vacation home. 1 hour ago

Any signs of flooding is a good reason to walk away.

What’s the straw — or issue — to break a first-time homebuyer’s offer? Depends on the renovation tolerance.

Boston’s historic housing stock means buyers often make offers on homes that are decades, if not centuries, old. 1 hour ago

Topo, a running-shoe company based in Framingham, relies heavily on Chinese manufacturing, procuring nearly 90 percent of its shoes from factories in China.

This Framingham shoe company can’t run away from Trump’s tariffs

With an additional 50 percent tariff on Chinese imports, the price tag on a pair of Framingham-based Topo shoes could increase by more than $100. 1 hour ago

Some of the approximately 20 portraits President Trump has had hung in the Oval Office are visible as he meets with Irsaeli Prime Minister Benjamin Netanyahu on Monday. Immediately over Trump's left shoulder is a portrait of President James K. Polk.

What’s up with Trump’s fascination with two obscure 19th-century presidents?

Trump has embraced James K. Polk and William McKinley as avatars of his effort to return the United States to a bygone era, historians said. 2 hours ago

Trump says pharmaceutical tariffs coming ‘very shortly’

President Trump has long bemoaned a lack of domestic pharmaceutical production and has repeatedly promised tariffs to bring more capacity into the country. 2 hours ago

THE FINE PRINT

A customer waits for an order in the meat and fish department at Lambert's Rainbow Market in Boston on March 4. Almost 80 percent of the fish and other seafood consumed in the US is imported from Canada, China, and other countries.

Trump’s tariffs are likely to raise prices for consumers. Here are the goods that could be affected.

Groceries, electronics, and automobiles are on the list of items expected to increase in cost. 2 hours ago

A Commonwealth Care Alliance primary care clinic in Boston.

Amid financial turmoil, Massachusetts insurer Commonwealth Care Alliance finds new owner

Ohio-based nonprofit CareSource will take over the organization, preserving coverage for nearly 50,000 disabled, elderly and low-income people. CEO Chris Palmieri has also stepped down. 2 hours ago

‘We need to be prepared for the worst’: Wu unveils $4.8 billion budget plan, bracing for potential economic turmoil

Mayor Wu did not rule out a hiring freeze or cutting certain city programs as a possibility should economic conditions reach a crisis level. 2 hours ago

Somerville City Councilor-at-Large Jake Wilson spoke to a reporter while checking out products inside the new H-Mart in Davis Square in January.

Asian supermarket customers brace for price hikes as Trump tariffs take effect

The steeper tariff rates Trump set for imports from nations he accused of unfair trade practices took effect first thing Wednesday. 10:14 a.m.

Asia markets index of Japan, South Korea, and Australia is seen on a screen as a currency trader works at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, on April 9.

World shares fall further, with Tokyo down nearly 4 percent, as Trump threatens still more tariff hikes

Markets have been wobbly for days, with investors flummoxed over what to make of President Trump’s trade war. 5:47 a.m.

Poorvi Patodia, the founder and CEO of Biena Snacks, discussed tariff concerns during an executive team meeting at the company's Needham headquarters. The company's newest product, crispy edamame snacks, will face price pressures from recent tariffs on Chinese imports.

‘Don’t want to overreact’: Tariff rollout, stock market rout put small New England businesses in a bind

Across the region, wholesalers, restaurants, and startups are having to decide whether to stick to their plans in the hopes that confusion subsides, or hunker down in case of a recession. 5:00 a.m.

A USdelegation led by Eric Meyer, fourth left, senior Bureau Official for the State Department's Bureau of South and Central Asian Affairs, met with Pakistan's Prime Minister Shehbaz Sharif, in Islamabad, Pakistan, on April 9.

Pakistan says US companies seek to invest in the country’s untapped minerals sector

US companies are seeking to invest in Pakistan’s largely untapped minerals sector that boasts one of the world’s largest copper and gold deposits, the Pakistani government said Wednesday. 3:47 a.m.

‘Totally silly.’ Trump’s focus on trade deficit bewilders economists.

The steep tariffs, which went into effect on nearly 60 trading partners on Wednesday, were calculated based on bilateral trade deficits, or the gap between what the United States sells to each country and what it buys. 2:51 a.m.

Trump disrupts global economic order even though the US is dominant

President Trump’s latest round of tariffs went into full effect at midnight Wednesday, with higher import tax rates on dozens of countries and territories taking hold. 2:15 a.m.

President Trump speaks during an event to announce new tariffs in the Rose Garden at the White House on April 2 in Washington.

Trump’s latest round of tariffs are poised to go into effect. Here’s what we know.

A number of sweeping new taxes on goods from other countries are already here — and more took effect on Wednesday. 2:14 a.m.

As Trump’s sweeping tariffs kick in, officials signal openness to talks

President Trump's next round of punishing tariffs on some of America's largest trading partners went into effect Wednesday, including stiff new levies that will increase import taxes on Chinese goods by at least 104 percent. 12:47 a.m.