Apr 09 U.S. stocks shoot to historic gains after Trump pauses most of his tariffs By Stan Choe, Associated Press The S&P 500 surged 9.5%, an amount that would count as a good year for the market. It had been sinking earlier in the day on worries that Trump’s trade war could drag the global economy into a recession. But… Continue reading
Apr 09 WATCH: ‘This is amateur hour.’ Rep. Horsford blasts U.S. trade rep after Trump tariff pause By Molly Finnegan U.S. Trade Representative Jamieson Greer was in the middle of his testimony before the House Ways and Means Committee when President Donald Trump announced that he was pausing his new tariffs on most nations for 90 days. Continue reading
Apr 09 Justice Department will disband its team focused on cryptocurrency crimes By Alan Suderman, Alanna Durkin Richer, Associated Press It’s the latest move by the Trump administration to try to boost the cryptocurrency industry while undoing the Biden administration’s efforts to crack down on wrongdoers in the industry. Continue reading
Apr 09 AP report: IRS acting commissioner resigning over deal to send immigrant tax data to ICE By Fatima Hussein, Associated Press The IRS has been in upheaval over Trump administration decisions to share taxpayer data. Continue reading
Apr 09 U.S stocks jump as Trump announces pause on some tariffs By Stan Choe, Associated Press The S&P 500 rose 0.3% Wednesday after swinging between a loss of 0.5% and a gain of 1.4%. Continue reading
Apr 08 Joe Rogan, Dave Portnoy among Trump backers now questioning his tariff policies By Meg Kinnard, Associated Press As President Donald Trump's tariffs roil global markets, some of the thought leaders and influential podcasters who backed the Republican's campaign are voicing doubts. Continue reading
Apr 08 WATCH: ‘Boys will be boys,’ White House’s Leavitt says of Musk-Navarro public spat over tariffs By Molly Finnegan "These are obviously two individuals who have very different views on trade and on tariffs," White House press secretary Karoline Leavitt said in a response to a question from a reporter. Continue reading
Apr 08 WATCH: Cortez Masto grills Trump trade rep on what he’s doing to shield tourism industry from tariff fallout By Erica R. Hendry Sen. Catherine Cortez Masto, D-Nev., pressed U.S. Trade Representative Jamieson Greer on Tuesday, saying she was concerned that Greer was not being realistic nor "intellectually honest" about the time it takes to negotiate trade agreements. Continue reading
Apr 08 WATCH: ‘No particular timeline’ for tariff negotiations, U.S. trade rep says hours before they begin By Erica R. Hendry The tariffs are set to begin at midnight Wednesday unless other action is taken. Continue reading
Apr 08 WATCH: White House says Trump looking to strike ‘tailor-made trade deals’ with individual countries By Chris Megerian, Josh Boak, Stephen Groves, Associated Press The administration has yet to articulate its goals for any talks with trading partners, other than to suggest that negotiations could take several months and that nations might also need to dramatically overhaul their tax systems and regulations to satisfy… Continue reading