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Farmers welcome China soybean deal but remain cautious
OMAHA, Neb. (AP) — American farmers welcomed China‘s promise to buy some of their soybeans, but they cautioned this won’t solve all their problems as they continue to deal with soaring prices for fertilizer, tractors, repair parts and seeds. The Chinese promise to buy at least 25 million metric tons of soybeans annually for next three years will bring […]
US inflation stays elevated but prices rose less than feared last month
U.S. inflation hit 3% in September, led by higher gas and beef prices, as tariffs and rent costs shaped a mixed economic outlook.
Trump says he’s ending trade talks with Canada over TV ads
President Trump said he’s halting all trade talks with Canada, accusing it of using a “fake” Reagan ad to influence U.S. courts.
Gold plunges $250 after hitting record high
Gold prices tumbled more than $250 Tuesday after hitting a record $4,374 per ounce, marking the biggest drop since 2011.
Wall Street rebounds as investors shrug off trade tensions
U.S. stocks rebounded Tuesday as investors brushed off rising trade tensions between the U.S. and China after early losses.
IMF raises U.S., global growth outlook despite tariffs
WASHINGTON (AP) — The U.S. and global economies will grow a bit more this year than previously forecast as the Trump administration’s tariffs have so far proved less disruptive than expected, the International Monetary Fund said Tuesday, though the full impact of those policies is still emerging. The United States’ economy will expand 2% in 2025, the […]
Retailers scale back holiday hiring amid tariffs, slowdown
Retailers delay and reduce holiday hiring as tariffs, economic uncertainty and a government shutdown weigh on consumer spending.
Trump threatens new China tariffs over rare earth limits
Trump warned of a “massive” tariff hike after China restricted rare earth exports, reigniting trade war tensions and market fears.
Wall Street drops to worst day since April after Trump tariff threats
NEW YORK (AP) — A monthslong calm on Wall Street shattered Friday, and U.S. stocks tumbled after President Donald Trump threatened to crank tariffs much higher on China. The S&P 500 sank 2.7% in its worst day since April. The Dow Jones Industrial Average dropped 878 points, or 1.9%, and the Nasdaq composite fell 3.6%. Stocks […]
Trump, Carney discuss future of U.S.-Canada trade deal
Trump signals openness to extending USMCA or pursuing new trade deals as Canadian PM Carney visits White House to ease tensions.
Gold futures rise above $4,000 per ounce for the first time
Gold futures surged past $4,000 per ounce as investors sought safe havens amid the U.S. government shutdown and global economic worries.
Galax furniture maker adds hours, eyes hiring as tariffs spur demand
Galax-based Vaughan-Bassett, which makes wooden adult bedroom furniture, is seeing demand climb strongly enough that it has added hours in multiple departments.
