May 09 China's exports to U.S. sink, offset by trade with other economies, as Trump's tariffs hit global trade By Elaine Kurtenbach, Associated Press China’s exports to the United States tumbled in April while its trade with other economies surged, suggesting that President Donald Trump's tariffs offensive is hastening a shakeup in global supply chains. Continue reading
May 09 WATCH: White House weighs in on why Trump plans to attend memecoin dinner By Associated Press President Donald Trump will attend a May 22 dinner at his Virginia golf club for the largest investors in the memecoin $TRUMP, and has used his social media site to drum up interest. Continue reading
May 09 Trump signals he may lower tariffs on China By Seung Min Kim, Josh Boak, Associated Press President Donald Trump has floated cutting tariffs on China from 145% to 80% ahead of a weekend meeting among top U.S. and Chinese trade officials as he looks to deescalate the trade war between the world's two largest economies. Continue reading
May 09 WATCH: White House holds briefing ahead of China trade talks, Trump's Middle East trip By Associated Press President Donald Trump on Friday floated cutting tariffs on China to 80 percent ahead of a weekend meeting as he looks to de-escalate the trade war. Continue reading
May 08 UK trade deal announcement brings hope to Wall Street By Stan Choe, Associated Press U.S. stocks are rising Thursday after President Donald Trump said he was set to announce an agreement on trade with the United Kingdom, the first of what Wall Street hopes will be enough to keep a recession from hitting the… Continue reading
May 08 WATCH: OpenAI co-founder Sam Altman testifies on AI competition in Senate hearing By Matt Brown, Associated Press The hearing comes as the race to control the future of artificial intelligence is heating up between companies and countries. Altman's OpenAI is in a furious race to develop the best artificial intelligence model against tech rivals like Alphabet and… Continue reading
May 08 WATCH: Trump announces trade deal with UK, cutting tariffs on autos, steel and aluminum By Josh Boak, Chris Megerian, Jill Lawless, Associated Press The announcement provided a political victory for U.K. Prime Minister Keir Starmer and offered a degree of validation for President Donald Trump's claims that his turbulent approach on trade may be able to rebalance the global economy on his preferred… Continue reading
May 07 China agrees to trade talks with the U.S. and rolls out more stimulus as tariffs hit economy By Ken Moritsugu, Elaine Kurtenbach, Associated Press President Donald Trump's tariffs, set as high as 145 percent on imports from China, have begun to take a toll on its export-dependent economy at a time when it's already under pressure from a prolonged downturn in the property sector. Continue reading
May 07 WATCH: Powell holds news conference after Fed leaves key interest rate unchanged By Christopher Rugaber, Associated Press The Federal Reserve kept its key interest rate at 4.3 percent for the third straight meeting, after cutting it three times in a row at the end of last year. Continue reading
May 07 WATCH: Treasury Secretary Bessent testifies on the international financial system amid trade wars By Associated Press Bessent is expected to testify before the House Financial Services Committee at 10 a.m. EDT. Watch live here. Continue reading