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U.S. and China continue trade talks in London
The U.S. and China held a second day of talks Tuesday in London aimed at easing their trade dispute.
The US and China are holding trade talks in London after Trump’s phone call with Xi
U.S. and China officials met in London to revive stalled trade talks, aiming to extend a 90-day tariff truce and address rare earth export concerns.
US stocks drift and Chinese markets rise as trade talks start between the world’s largest economies
Stocks edged higher as U.S.-China trade talks resumed, fueling hopes of tariff relief. Wall Street remained cautious ahead of inflation data.
AESC halts $1.6B EV battery plant over policy fears
COLUMBIA, S.C. (AP) — A Japanese company has halted construction on a $1.6 billion factory in South Carolina to help make batteries for electric BMWs, citing “policy and market uncertainty.” While Automotive Energy Supply Corp. didn’t specify what those problems are, South Carolina’s Republican governor said the company is dealing with the potential loss of […]
Fed’s Fifth District expands slightly amid uncertainty
The Fifth District economy saw mild growth, with mixed hiring, rising import costs, and steady consumer spending despite economic uncertainty.
Wall Street drifts closer to its record ahead of Friday’s jobs report
U.S. stocks edged higher after Trump said trade talks with China will resume, signaling easing tensions. Markets await key jobs report Friday.
The number of Americans filing for jobless benefits last week rises to highest level in eight months
Unemployment claims rose to 247,000, an 8-month high, as tariff uncertainty and corporate job cuts weigh on the U.S. labor market and economic outlook.
Wall Street’s rally slows following discouraging updates on economy
U.S. stocks edge up as Trump's 50% steel tariffs near and EU-U.S. trade talks begin in Paris; Wells Fargo gains 2.5% after Fed lifts curbs.
Trump tells US steelworkers he’s going to double tariffs on foreign steel from 25% to 50%
WEST MIFFLIN, Pa. (AP) — President Donald Trump said Friday that he’s doubling the tariff rate on steel to 50%, a dramatic increase that could further push up prices for a metal used to make housing, autos and other goods. Trump spoke at U.S. Steel’s Mon Valley Works–Irvin Plant in West Mifflin, Pennsylvania, near Pittsburgh […]
Wall Street glides to the end of its best month since 2023
Wall Street closed its winning week and month with a quiet Friday following a mixed set of profit reports from Gap, Ulta Beauty and other companies.
Appeals court allows Trump to continue collecting tariffs under an emergency powers law for now
A federal appeals court is allowing President Donald Trump to continue collecting tariffs under an emergency powers law for now.
Virginia unemployment rate rises slightly in April to 3.3%
Virginia’s unemployment rates continue to see an incremental rise, according to data from the state’s Department of Workforce Development and Advancement, also known as Virginia Works.
