Politics Apr 11 U.S. wholesale inflation falls offering possible relief, but trade war threatens to raise prices Compared to a year earlier, producer prices rose 2.7%, down from a 3.2% year-over-year gain in February and much lower than the 3.3% economists had forecast.
Politics Apr 08 WATCH: U.S. Trade Rep. Greer under fire in Senate hearing as world responds to Trump tariffs “It seems like we’ve decided to begin a trade war on all fronts,″ said Republican Sen. Thom Tillis of North Carolina. He said he wanted to know who in the Trump administration he should hold responsible — and “choke" —…
Economy Apr 04 U.S. added 228,000 jobs in strong March buildup to Trump trade wars U.S. employers added a surprising number of jobs last month, showing that the American labor market was in solid shape as President Donald Trump embarked on a risky trade war with the rest of the world.
Economy Apr 03 How soon will prices rise? 4 questions about Trump’s reciprocal tariffs, answered Economists don’t share President Donald Trump’s enthusiasm for tariffs since they’re a tax on importers that usually get passed on to consumers. It’s possible, however, that the reciprocal tariffs could bring other countries to the table and get them to…
Economy Mar 27 U.S. economy grew 2.4 percent in 4th quarter of 2024 after upgrade in growth estimate It’s unclear whether the United States can sustain that growth as President Donald Trump wages trade wars, purges the federal workforce and promises mass deportations of immigrants working in the country illegally.
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.