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trade war

Tariffs, politics drive uncertainty for shipping
Apr 30, 2025

Tariffs, politics drive uncertainty for shipping

Rising tariffs, Red Sea attacks, and labor costs create instability for shippers and could impact Port of Virginia operations and U.S. supply chain

President Donald Trump speaks with reporters as he participates in a ceremonial swearing in of Paul Atkins as chairman of the Securities and Exchange Commission, in the Oval Office of the White House, Tuesday, April 22, 2025, in Washington. (AP Photo/Alex Brandon)
Apr 30, 2025

Trump’s tariffs echo Hoover-era economic missteps

Trump's 2025 tariffs trigger market turmoil, drawing comparisons to Hoover's Depression-era policies and warnings from economists and business leaders.

Weak GDP report tied to tariffs has Trump trying to blame Biden on the state of the economy
Apr 30, 2025

Weak GDP report tied to tariffs has Trump trying to blame Biden on the state of the economy

Trump economy, GDP decline, U.S. tariffs, Biden blame, stock market, trade war, recession warning, import taxes, economic policy, CHIPS Act

Wall Street’s rally fades as more CEOs talk about uncertainty because of Trump’s trade war
Apr 25, 2025

Wall Street’s rally fades as more CEOs talk about uncertainty because of Trump’s trade war

Wall Street’s rally stalls as macroeconomic uncertainty, weak forecasts, and shifting tariffs weigh on stocks. Big Tech helps limit broader losses.

Female customer with curly hair buying clothes in boutique using fitting concept while choosing, professional stylist creating trendy look concentrated on selection in designer shop
Apr 24, 2025

Retailers misjudge shopper priorities, loyalties amid rising costs, said Rakuten report

More than half of consumers say they plan to prioritize products with the lowest prices when shopping in the coming months, while only 5% of retailers think shoppers will choose to trade down to lower quality products and less expensive brands.

FILE - A "For Sale" sign is displayed in front of a home in Des Plaines, Ill., Monday, Aug. 26, 2024. (AP Photo/Nam Y. Huh, File)
Apr 24, 2025

Average US rate on a 30-year mortgage eases to 6.81%, hovering near highest level in over two months

The average rate on a 30-year mortgage in the U.S. eased this week, though it remains close to its highest level in more than two months. The rate fell to 6.81% from 6.83% last week, mortgage buyer Freddie Mac said Thursday.

Wall Street sign in lower Manhattan New York, USA
Apr 24, 2025

Wall Street rallies as companies keep piling up profits, for now at least

U.S. stocks are rallying further as better-than-expected profits for U.S. companies pile up, though CEOs say they’re unsure whether it will last because of uncertainty created by President Donald Trump’s trade war.

Javid Moghaddasnia, Director of Customer Engagement, discusses American Giant clothing while being interviewed at the company's showroom in San Francisco, Thursday, April 17, 2025. (AP Photo/Jeff Chiu)
Apr 24, 2025

Most Americans expect higher prices as a result of Trump’s tariffs, a new AP-NORC poll finds

An Associated Press-NORC Center for Public Affairs Research poll suggests Americans’ trust in President Donald Trump to bolster the U.S. economy appears to be faltering.

Tariff turmoil: How Tesla and other companies are dealing with the uncertainty of the trade war
Apr 23, 2025

Tariff turmoil: How Tesla and other companies are dealing with the uncertainty of the trade war

Uncertain tariffs and trade tensions challenge Tesla, Akzo Nobel, and Boston Scientific as they navigate rising costs and shifting global markets.

Sell-off worsens worldwide and Dow drops 1,200 after China retaliates against Trump tariffs
Apr 23, 2025

Stock market today: Markets bounce after Trump says he won’t try to fire Fed Chair Powell

U.S. markets are poised to open with big gains, a clear sign of relief after President Donald Trump said he would not attempt to fire the head of the Federal Reserve. Futures for the Dow Jones Industrial Average jumped 1.9% before the bell Wednesday, while S&P 500 futures rose 2.6%. Nasdaq futures climbed a full 3%. Trump, […]

Wall Street sign in lower Manhattan New York, USA
Apr 22, 2025

Wall Street rallies to recover some of its sharp losses as the dollar and US bond market steady

NEW YORK (AP) — U.S. stocks are rallying Tuesday after companies reported fatter profits than expected, and other U.S. investments are also steadying a day after falling sharply on worries about President Donald Trump‘s trade war and his attacks on the head of the Federal Reserve. The S&P 500 was 2% higher in morning trading and on track to […]

Big Tech’s ‘Magnificent Seven’ heads into earnings season reeling from Trump turbulence
Apr 21, 2025

Big Tech’s ‘Magnificent Seven’ heads into earnings season reeling from Trump turbulence

SAN FRANCISCO (AP) — As Big Tech kicks off its quarterly earnings season this week, the industry’s bellwether companies have been thrust into a cauldron of uncertainty and turmoil that they didn’t anticipate when Donald Trump re-entered the White House nearly 100 days ago. Since President Trump’s Jan. 20 inauguration, Big Tech stocks have been […]

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