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tariffs

Retail sales up 0.6% in August from July even as tariffs hurt jobs and lead to price hikes
Sep 16, 2025

Retail sales up 0.6% in August from July even as tariffs hurt jobs and lead to price hikes

Retail sales rose 0.6% in August, boosted by back-to-school shopping, despite tariffs beginning to raise prices and pressure the job market.

Wall Street holds steadier following a whipsaw couple of days
Sep 12, 2025

Wall Street coasts toward the finish of its best week in the last 5

NEW YORK (AP) — Wall Street is coasting toward the finish of its best week in the last five on Friday as U.S. stocks hang near their record levels. The S&P 500 was mostly unchanged from the all-time high it set the day before. The Dow Jones Industrial Average was down 204 points, or 0.4%, as […]

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Sep 8, 2025

Fed’s Fifth District sees modest growth

The Federal Reserve’s Fifth District saw its economy grow modestly in recent weeks, according to the latest edition of the Fed’s Beige Book.

Trump ends duty-free rule for imports under $800
Aug 29, 2025

Trump ends duty-free rule for imports under $800

Imports under $800 no longer enter duty-free after Trump order, forcing new taxes on small parcels and disrupting global shipping services.

Key US inflation gauge holds mostly steady though core inflation ticks higher
Aug 29, 2025

Key US inflation gauge holds mostly steady though core inflation ticks higher

The Fed’s preferred inflation gauge held at 2.6% in July, though core inflation ticked up, keeping rates steady despite Trump’s tariffs.

European postal services halt U.S. package shipments
Aug 25, 2025

European postal services halt U.S. package shipments

Postal services in Germany, Italy, Sweden and more are suspending shipments to the U.S. as new import duties take effect Aug. 29.

Home Depot Q2 sales rise but miss Wall Street forecast
Aug 19, 2025

Home Depot Q2 sales rise but miss Wall Street forecast

Home Depot’s sales improved during its fiscal second quarter as consumers remained focused on smaller projects amid cost concerns and economic uncertainty, but its performance missed Wall Street’s expectations. The Atlanta-based company also said shoppers should expect modest price increases in some categories as a result of rising tariff costs, though they won’t be broad-based. [...]

Traders Robert Finnerty Jr., left, and Michael Milano work on the floor of the New York Stock Exchange, Tuesday, July 29, 2025. (AP Photo/Richard Drew)
Aug 11, 2025

US stocks drift around their record heights as Wall Street braces for an update on inflation

U.S. stocks edge lower as investors await July inflation data, with fears Trump’s tariffs could spark stagflation and sway Fed rate cuts.

Stocks mixed as Trump tariffs take effect worldwide
Aug 7, 2025

Stocks mixed as Trump tariffs take effect worldwide

Stocks are drifting in mixed trading on Wall Street Thursday after President Donald Trump‘s latest tariffs took effect on dozens of countries. The S&P 500 edged down by 0.1% after climbing earlier in the day to the edge of its record, which was set late last month. The Dow Jones Industrial Average was down 330 points, or […]

Trump imposes 100% tariff on imported computer chips
Aug 7, 2025

Trump imposes 100% tariff on imported computer chips

WASHINGTON (AP) — President Donald Trump said Wednesday that he will impose a 100% tariff on computer chips, raising the specter of higher prices for electronics, autos, household appliances and other essential products dependent on the processors powering the digital age. “We’ll be putting a tariff of approximately 100% on chips and semiconductors,” Trump said in the […]

Trump’s broad tariffs go into effect just as US economic pain is surfacing
Aug 7, 2025

Trump’s broad tariffs go into effect just as US economic pain is surfacing

WASHINGTON (AP) — President Donald Trump began imposing higher import taxes on dozens of countries Thursday just as the economic fallout of his monthslong tariff threats has begun to cause visible damage to the U.S. economy. Just after midnight, goods from more than 60 countries and the European Union became subject to tariff rates of 10% or higher. Products […]

A rally for Apple leads Wall Street higher
Aug 6, 2025

A rally for Apple leads Wall Street higher

Wall Street rose Wednesday with Apple jumping 6% ahead of a White House event. Strong earnings from McDonald's and Shopify helped lift stocks.

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