Apr 25 Trump's bluster and border arrests cool Canadians' appetite for U.S. tourism By Rob Gillies, Jim Morris, Associated Press Canadians are canceling trips to the U.S. in big numbers. Continue reading
Apr 23 How Tesla and other companies are dealing with tariff turmoil By Damian J. Troise, Associated Press Tariff and trade shifts make it difficult for companies and investors to make a reliable assessment of any impact to costs and sales. Continue reading
Apr 23 Trump is ending this tariff loophole for low-cost packages. Here's what that could mean for consumers By Tim McPhillips If you’ve purchased something from Chinese e-commerce giants Shein, Temu or Alibaba, then you may have benefited from a trade loophole called the de minimis exemption. Continue reading
Apr 22 Musk says he'll step back from DOGE to focus on Tesla as company sees 71 percent drop in Q1 profits By Bernard Condon, Associated Press The company has faced angry protests over Musk's leadership of a federal government jobs-cutting group, a role some investors claimed distracted the CEO from leading Tesla. Continue reading
Apr 22 Watch 7:51 Economic forecasts show Trump's tariffs having major global impact By Geoff Bennett, Azhar Merchant President Trump’s trade wars are likely to slow down economic growth across the globe significantly this year, according to projections from the International Monetary Fund. And Treasury Secretary Bessent reportedly told investors that he believes the trade war with China… Continue watching
Apr 22 Stocks rally, recover all of Monday's slide as the dollar and U.S. bond market steady By Stan Choe, Associated Press The value of the U.S. dollar also stabilized after sliding against the euro and other competitors, while Treasury yields held steadier in the bond market. Continue reading
Apr 22 IMF drops global economic growth forecast amid uncertainty around Trump's tariffs By Christopher Rugaber, Associated Press The forecasts are largely in line with many private-sector economists' expectations, though some do fear a recession is increasingly likely. Continue reading
Apr 21 Wall Street and the dollar plunge as investors worry about Trump's trade war By Stan Choe, Associated Press U.S. government bonds and the value of the U.S. dollar sank as prices retreated across U.S. markets. Continue reading
Apr 18 Unusual sell-off in the dollar raises specter of investors losing trust in the U.S. under Trump By Bernard Condon, Associated Press Economists worry that the recent drop in the dollar is so dramatic that it reflects something more ominous as President Donald Trump tries to reshape global trade: a loss of confidence in the United States. Continue reading
Apr 17 Watch 7:40 Chicago Fed president on Trump's trade war and threats to fire Powell By Amna Nawaz President Trump took aim at Jerome Powell, calling interest rates cuts and saying the Fed Chair's termination “cannot come fast enough.” It comes as his administration's tariffs continue to cause global fallout. The International Monetary Fund warns it expects slower… Continue watching