Feb 02 Watch 6:35 Why a deadly strain of bird flu is making egg prices soar nationwide By John Yang, Harry Zahn During 2024, the average price of a dozen large, Grade A eggs jumped 65 percent. The USDA predicts prices will go up another 20 percent this year. A big reason for these sky-high prices: the bird flu outbreak that started… Continue watching
Feb 02 Trump says Americans could feel ‘some pain’ as his new tariffs begin to set off a trade war By Josh Boak, Associated Press President Donald Trump said Sunday that Americans could feel “some pain” from the emerging trade war triggered by his tariffs against Canada, Mexico and China. Continue reading
Feb 02 Analysis: The potential economic effects of Trump’s tariffs and trade war, in 9 charts By Shannon K. O'Neil, Julia Huesa, Council on Foreign Relations President Trump’s tariffs on Canada, China and Mexico could upend U.S. trade. These nine charts show what’s at stake, what comes next and why it matters. Continue reading
Feb 02 Canada and Mexico order retaliatory tariffs on U.S. as Trump’s tariffs spur trade war By Josh Boak, Zeke Miller, Rob Gillies, Christopher Sherman, Associated Press President Donald Trump on Saturday signed an order to impose stiff tariffs on imports from Mexico, Canada and China, drawing swift retaliation and an undeniable sense of betrayal from the country's North American neighbors as a trade war erupted among the longtime… Continue reading
Feb 01 Trump imposes promised tariffs on Canada, Mexico and China, raising risk of higher inflation By Josh Boak, Associated Press Trump declared an economic emergency in order to place duties of 10 percent on all imports from China and 25 percent on imports from Mexico and Canada — America’s largest trading partners — except for a 10 percent rate on… Continue reading
Feb 01 Watch 4:55 What Trump’s tariffs could mean for America’s biggest trade partners and U.S. consumers By Ali Rogin, Satvi Sunkara America’s biggest trading partners are bracing for sweeping tariffs that President Trump is imposing. Together, Canada, Mexico and China account for nearly half of all U.S. imports, and tariffs on their goods could mean higher prices for American consumers. Ali… Continue watching
Jan 31 Watch 5:17 News Wrap: Judge blocks Trump’s plans to freeze federal grants and loans until Monday In our news wrap Friday, a judge sided with nearly two dozen states that requested a temporary restraining order to block President Trump's plans to freeze federal grants and loans, Israeli officials confirmed the names of three hostages set to… Continue watching
Jan 31 Trump says he’s placing tariffs on imports from Canada, Mexico and China starting Saturday By Zeke Miller, Aamer Madhani, Josh Boak, Associated Press President Donald Trump said Friday he would place 25 percent tariffs on imports from Canada and Mexico and 10 percent tariffs on goods from China effective on Saturday, raising the specter of swift price increases for U.S. consumers. Continue reading
Jan 30 U.S. economy ends 2024 with solid growth, up 2.8 percent for full year By Paul Wiseman, Associated Press The American economy ended 2024 on a solid note with consumer spending continuing to drive growth. Continue reading
Jan 29 WATCH: Fed Chair Powell holds news briefing after key interest rate decision By Christopher Rugaber, Associated Press The Federal Reserve left its benchmark interest rate unchanged Wednesday after cutting it three times in a row last year, a sign of a more cautious approach as the Fed seeks to gauge where inflation is headed and what policies… Continue reading