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Trump

Apr 28, 2025

Wall Street takes a breath ahead of another week full of potential swings

NEW YORK (AP) — U.S. stocks are drifting lower Monday ahead of potential flashpoints looming later in the week that could bring more sharp swings for financial markets. The S&P 500 fell 0.5% in late morning trading, coming off a winning week in its whipsaw ride that’s been rattling investors for weeks. It had slightly more gainers than losers, […]

On, April 16, Sen. Mark Warner held a roundtable with Virginia Tech President Tim Sands and others at the Carillion’s Center for Simulation, Research, and Patient Safety in Roanoke.
Apr 24, 2025

Medicaid cuts could close Virginia’s rural hospitals, Warner warns

Sen. Mark Warner warns Medicaid cuts may shutter hospitals West of Roanoke. In Virginia. That's because many rural hospitals operate in the red, and depend on Medicaid funding to keep the lights on.

Apr 22, 2025

The Latest: As controversies pile up, Trump allies increasingly turn on one another

The infighting and backstabbing that plagued Trump‘s first term have returned as a threat to his second, with deepening fissures over trade, national security and questions of personal loyalty. The latest turmoil threatens to engulf the Pentagon, where Defense Secretary Pete Hegseth has pushed out top advisers and faces fresh controversy over sharing sensitive information about airstri[...]

Daniris Espinal stands for a portrait in Sunset Park, in the Brooklyn borough of New York, Thursday, April 17, 2025. (AP Photo/Richard Drew
Apr 21, 2025

60,000 Americans to lose their rental assistance and risk eviction unless Congress acts

Moments after Daniris Espinal walked into her new apartment in Brooklyn, she prayed. In ensuing nights, she would awaken and touch the walls for reassurance — finding in them a relief that turned to tears over her morning coffee. Those walls were possible through a federal program that pays rent for some 60,000 families and […]

Apr 17, 2025

Google’s digital ad network declared an illegal monopoly, joining its search engine in penalty box

SAN FRANCISCO (AP) — Google has been branded an abusive monopolist by a federal judge for the second time in less than a year, this time for illegally exploiting some of its online marketing technology to boost the profits fueling an internet empire currently worth $1.8 trillion. The ruling issued Thursday by U.S. District Judge […]

Apr 16, 2025

World Trade Organization says global trade could slide this year because of Trump’s tariff policies

GENEVA (AP) — The World Trade Organization says the volume of trade in goods worldwide is likely to decrease by 0.2% this year due to U.S. President Donald Trump‘s shifting tariff policies and a standoff with China, but it would take a more severe hit if Trump carries through on his toughest “reciprocal” tariffs. The decline in […]

Apr 8, 2025

Wall Street could be headed for a bear market. Here’s what that means

NEW YORK (AP) — Wall Street could soon be in the claws of another bear market as the Trump administration’s tariff blitz fuels fears that the added taxes on imported goods from around the world will sink the global economy. The last bear market happened in 2022, but this decline feels more like the sudden, turbulent bear market of 2020, when […]

Apr 4, 2025

Sell-off worsens worldwide and Dow drops 1,700 after China retaliates against Trump tariffs

NEW YORK (AP) — Stock markets worldwide are careening even lower Friday after China matched President Donald Trump‘s big raise in tariffs in an escalating trade war. Not even a better-than-expected report on the U.S. job market, which is usually the economic highlight of each month, was enough to stop the slide. The S&P 500 was down 4.8% in afternoon trading, after […]

Cargo containers line a shipping terminal at the Port of Oakland on Thursday, April 3, 2025, in Oakland, Calif. (AP Photo/Noah Berger)
Apr 4, 2025

China retaliates as Trump’s tariffs affect world markets

BANGKOK (AP) — Countries and industries were scrambling Friday to respond as President Donald Trump‘s latest tariffs hikes upend global trade and world markets. China responded to the 34% tariffs imposed by the U.S. on imports from China by announcing it will impose a 34% tariff on imports of all U.S. products beginning April 10. […]

President Donald Trump, driven by his son Eric Trump, arrives at Trump National Doral during the LIV Golf Miami tournament, Thursday, April 3, 2025, in Miami. (AP Photo/Alex Brandon)
Apr 4, 2025

Trump says things are ‘going very well’ after worst stock market drop in years over tariffs

WASHINGTON (AP) — President Donald Trump offered a rosy assessment after the stock market dropped sharply Thursday over his tariffs, saying, “I think it’s going very well.” “The markets are going to boom, the stock is going to boom, the country is going to boom,” he said when asked about the market as he left the White […]

Wall Street sign in lower Manhattan New York, USA
Apr 4, 2025

Global markets, Wall Street continue to slide after China slaps retaliatory tariffs on imports

Global markets slid further and Wall Street was on track for another day of crushing losses Friday after China responded to U.S. President Donald Trump‘s latest set of tariffs with some of their own. Futures for the S&P 500 fell 3.6% before the bell, while futures for the Dow Jones Industrial Average shed 3.4%, falling […]

Apr 3, 2025

Fear that Trump tariffs will spark recession slashes billions of dollars from US stock values

U.S. companies had billions of dollars in value wiped out after President Donald Trump slapped sweeping tariffs on foreign imports. Virtually every sector suffered big losses Thursday as U.S. financial markets careened toward their biggest one-day drop since COVID-19 flattened the global economy five years ago. Banks, retailers, clothing, airlines and technology companies were among the hardest [...]

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