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trade war

Consumer sentiment rises in June after six-month slump
Jun 13, 2025

Consumer sentiment rises in June after six-month slump

  WASHINGTON (AP) — Consumer sentiment increased in June for the first time in six months, the latest sign that Americans’ views of the economy have improved as inflation has stayed tame and the Trump administration has reached a truce in its trade fight with China. The preliminary reading of the University of Michigan‘s closely […]

President Donald Trump speaks to reporters after arriving on Air Force One, Tuesday, June 10, 2025, at Joint Base Andrews, Md. (AP Photo/Alex Brandon)
Jun 11, 2025

Trump says US gets rare earth minerals from China and tariffs on Chinese goods will total 55%

President Trump announces a new trade framework with China including 55% U.S. tariffs and rare earth mineral supplies, but key details remain vague.

U.S. and China continue trade talks in London
Jun 10, 2025

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.

Police officers stand guard at the entrance of Lancaster House, where the trade talks between the U.S. and China are taking place, in London, Monday, June 9, 2025. (AP Photo/Kin Cheung)
Jun 9, 2025

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.

Image by AdobeStock
Jun 6, 2025

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.

FILE - A hiring sign is displayed at a grocery store in Northbrook, Ill., Tuesday, Jan. 21, 2025. (AP Photo/Nam Y. Huh)
Jun 5, 2025

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.

President of China Xi Jinping attends a dinner on behalf of the President of the Russian Federation for heads of foreign delegations in the Grand Palace at the Kremlin in Moscow, Thursday, May 8, 2025, ahead of celebrations of the 80th anniversary of the Soviet Union's victory over Nazi Germany during the World War II. (Alexandr Kryazhev/Photo host agency RIA Novosti via AP)
Jun 5, 2025

Trump speaks with Xi amid stalled talks between the US and China over tariffs

U.S. President Donald Trump and Chinese leader Xi Jinping spoke amid stalled tariff negotiations that have roiled global trade.

President Donald Trump speaks at U.S. Steel Mon Valley Works-Irvin Plant, Friday, May 30, 2025, in West Mifflin, Pa. (AP Photo/David Dermer)
May 30, 2025

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 […]

President Donald Trump speaks during an event to announce new tariffs in the Rose Garden at the White House, Wednesday, April 2, 2025, in Washington. (AP Photo/Mark Schiefelbein)
May 29, 2025

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.

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May 23, 2025

Stocks fall as Trump threatens EU tariffs

U.S. stocks tumble after Trump threatens 50% EU tariffs and targets Apple with new trade demands, shaking global markets and investor confidence.

Real Estate and Construction: Stagnant with some silver linings
May 21, 2025

Virginia housing sales drop again, but listings spike 35.5%

Virginia home sales fell for the third month in a row in April 2025, but active listings rose 35.5% the same month.

Wall Street drifts lower as S&P 500 flirts with its first loss of the week
May 15, 2025

Wall Street drifts lower as S&P 500 flirts with its first loss of the week

U.S. stocks fall as trade war uncertainty persists. Oil prices drop amid possible Iran deal. Market reacts to mixed economic and corporate signals.

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