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