Politics Mar 12 Trump’s 25 percent tariffs on all steel and aluminum imports go into effect, raising fears of economic slowdown Trump has promised the taxes will help create U.S. factory jobs when his seesawing tariff threats are jolting the stock market and raising fears of an economic slowdown.
Nation Mar 07 U.S. employers add 151,000 jobs last month though unemployment up to 4.1 percent U.S. employers added solid 151,000 jobs last month, but the outlook is cloudy as President Donald threatens a trade war, purges the federal workforce and promises to deport millions of immigrants.
Economy Mar 04 5 things to know about tariffs and how they work President Donald Trump is a proponent of tariffs, insisting that they are paid for by foreign countries. In fact, it is importers — American companies — that pay tariffs.
Politics Mar 04 Mexico, Canada and China retaliate as U.S. tariffs take effect President Donald Trump launched a trade war Tuesday against America’s three biggest trading partners, drawing immediate retaliation and sending financial markets into a tailspin.
Nation Feb 27 U.S. economy grew 2.3 percent annually in the last months of 2024, the outlook for 2025 is cloudier The American economy grew at a solid 2.3% annual rate the last three months of 2024, supported by a burst of year-end consumer spending, the government said, leaving unchanged its initial estimate of fourth-quarter growth.
Politics Feb 26 Jamieson Greer confirmed as Trump’s top trade negotiator Greer is a veteran of President Donald Trump's first-term economic battles with China, Mexico and Canada.
Politics Feb 21 Could Trump really give money from Musk’s DOGE cuts to taxpayers? If Musk's target of $2 trillion in spending cuts is achieved by next year, supporters of the idea say that about one-fifth of those funds could be distributed to taxpaying households in checks of about $5,000. But budget experts say…
Economy Feb 07 U.S. jobless rate dips to 4 percent as employers add 143,000 positions last month The first job report of Donald Trump's second presidency on Friday suggested that he inherited a labor market that is solid but unspectacular.
Politics Jan 31 Trump tariffs on Canada and Mexico could hit close to home, from avocados to autos The tariffs would also invite retaliation. Doug Ford, the premier of Ontario, has already vowed to counterpunch by pulling American alcohol off store shelves in the Canadian province.
Economy Jan 30 U.S. economy ends 2024 with solid growth, up 2.8 percent for full year The American economy ended 2024 on a solid note with consumer spending continuing to drive growth.