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Fed sees modest economic growth in Fifth District
Economic activity in the Federal Reserve’s Fifth District grew at a modest pace in recent weeks, as consumer spending and tourism picked up.
Companies scramble for tariff refunds as US prepares to launch claim process
U.S. importers ready to claim up to $166 billion in tariff refunds as Customs launches new CAPE system amid concerns over process reliability.
US tariffs drive steep drop in EU exports for second month
European Union exports to the United States fell by over 26% in February, reflecting the ongoing impact of President Donald Trump's tariffs on trade.
US set to launch tariff refund system on April 20
U.S. Customs and Border Protection will launch the CAPE system on April 20 to issue refunds for $166 billion in tariffs struck down by the Supreme Court.
North American farmers pinch pennies on farm machinery as profitless growing season approaches
North American farmers reduce spending on big-ticket farm machinery due to high costs and low crop prices, impacting equipment sales and industry profits.
Dollar General taps Ahold US head as new CEO replacing veteran Vasos
Dollar General appoints Jerry 'JJ' Fleeman Jr., current Ahold US CEO, as new CEO effective January 1, 2024, replacing Todd Vasos amid sales challenges.
US customs agency says tariff refund system will be ready in 45 days
The U.S. Customs and Border Protection will implement a system to refund $166 billion in tariffs within 45 days, following the Supreme Court ruling.
US weekly jobless claims rise slightly
US weekly jobless claims increased slightly to 212,000 for the week ending February 21, reflecting a stable labor market despite hiring hesitancy and AI-related layoffs.
Virginia Governor Spanberger rips into Trump on economy, immigration
Virginia Governor Abigail Spanberger criticized President Trump's economic record and immigration enforcement during her response to the 2024 State of the Union address.
New US tariff starts at 10%, Trump administration working to hike it to 15%
The U.S. began collecting a temporary new 10% global import tariff on Tuesday, but the Trump administration is working to increase it to 15%.
FedEx sues US for refund on Trump’s emergency tariffs
FedEx filed a lawsuit seeking refunds on tariffs imposed under Trump's emergency powers after the Supreme Court ruled them illegal.
Wall Street ends sharply lower amid AI displacement fears and revived tariff angst
Wall Street stocks dropped sharply as fears over artificial intelligence disruption and revived tariff concerns weighed on investor sentiment amid ongoing geopolitical tensions.
