Sign In
Free Newsletter
Trump’s promised steel and aluminum tariffs go into effect
U.S. President Donald Trump hiked nearly all steel and aluminum tariffs to 50% in a move that’s set to hammer businesses from automakers to home builders, and likely to increase prices for consumers.
Wall Street rallies as its roller-coaster ride whips back upward after Trump pauses more tariffs
Wall Street rallies after Trump postpones 50% tariffs on EU goods. S&P 500 up 1.6%, Dow adds 529 points, Nasdaq up 2%.
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.
Trump trade war faces legal challenge as businesses, states argue his tariffs exceeded his power
Trump's sweeping tariffs under emergency powers face lawsuits from states and businesses arguing he overstepped constitutional authority on trade.
Inflation cooled again even as some tariffs took effect. But economists don’t expect that to last
U.S. inflation cooled to 2.3% in April, its lowest in four years, despite new tariffs. Economists expect price hikes by summer as trade effects deepen.
Tariff talks begin between US and Chinese officials in Geneva as the world looks for signs of hope
U.S. and Chinese officials meet in Geneva to ease a growing tariff war, with global trade and economic stability hanging in the balance.
Virginia unemployment claims rise amid federal layoffs
Virginia jobless claims rose in early May, with experts citing federal spending cuts, tariffs and contract reductions as key factors in the surge.
As US and China begin trade talks in Geneva, Trump’s tariff hammer looks less mighty than he claims
Trump raises China tariffs to 145%, sparking retaliation and global market jitters as trade talks begin in Geneva with no clear resolution in sight.
Two dolls instead of 30? Toys become the latest symbol of Trump’s trade war
Trump's comments on doll tariffs spark criticism as toy makers warn of price hikes and shortages. U.S. toy industry braces for trade war fallout.
Wall Street drifts as it waits for a highly anticipated US-China meeting on trade
U.S. stocks drift as Wall Street eyes U.S.-China trade talks in Switzerland. Lyft, TSMC, and Insulet rally while Expedia and Sweetgreen fall.
Fed holds interest rate at 4.3% amid tariff and inflation uncertainty
The Fed kept rates steady at 4.3%, citing rising risks of inflation and unemployment due to Trump’s sweeping tariffs on imports from China and beyond.
Fed holds rates steady amid tariff-driven inflation risk
The Fed keeps interest rates unchanged as it weighs Trump’s tariffs, inflation risk, and economic uncertainty before deciding on possible future cuts.
