Feb 13 Egg prices are already climbing. Is the nation's surging demand for breakfast making them higher? By Dee-Ann Durbin, Associated Press A bird flu outbreak that forced egg producers to slaughter their flocks is making supplies scarcer and pushing up prices - and a surging demand for breakfast may be adding to this. Continue reading
Feb 12 Trump prepares matching tariffs on trade partners, setting up potential economic showdown By Josh Boak, Associated Press President Donald Trump is taking additional action to upset the world trade system, with plans to sign an order this week that would require that U.S. tariffs on imports match the tax rates charged by other countries. Continue reading
Feb 12 U.S. inflation increases to 3 percent, groceries and gasoline prices heading higher By Christopher Rugaber, Associated Press The consumer price index increased 3% in January from a year ago, Wednesday's report from the Labor Department showed, up from 2.9% the previous month. Continue reading
Feb 11 WATCH: Lori Chavez-DeRemer testifies at Senate confirmation hearing for labor secretary By Cathy Bussewitz, Associated Press Sen. Bill Cassidy, a Republican from Louisiana who chairs the committee, opened the hearing by saying the Trump administration had an opportunity to enact a pro-American agenda. Continue reading
Feb 11 EU chief says U.S. tariffs 'will not go unanswered' By Raf Casert, Associated Press The chair of the European Parliament's trade committee says motorcycles, jeans, peanut butter, bourbon, whiskey and a whole range of products could affect American exporters if the U.S. tariffs come into force March 12. Continue reading
Feb 10 Trump's latest tariff plans on steel, aluminum and other imports sow uncertainty By Josh Boak, Associated Press President Donald Trump plans to on Monday formally announce 25 percent tariffs on steel and aluminum imports as part of an aggressive effort to remake the existing terms of world trade that so far has compounded economic uncertainty. Continue reading
Feb 09 Trump says he plans to impose steel and aluminum tariffs, with more import duties coming By Christopher Rugaber, Associated Press President Donald Trump said he will announce on Monday that the United States will impose 25 percent tariffs on all steel and aluminum imports, including from Canada and Mexico, as well as other import duties later in the week. Continue reading
Feb 07 Watch 6:37 Chicago Fed president on what the new jobs report says about the economy By Amna Nawaz, Jackson Hudgins The new jobs report shows the pace of hiring slowed slightly in January with the economy adding 143,000 jobs. The report also revised down jobs numbers between April 2023 and March of 2024 by nearly 600,000, the largest annual revision… Continue watching
Feb 07 Trump administration temporarily blocked from placing 2,200 USAID workers on paid leave By Ellen Knickmeyer, Associated Press U.S. District Judge Carl Nichols, who was nominated by President Donald Trump, sided with two federal employee associations in agreeing to a pause in plans to put the employees on paid leave as of midnight Friday. Continue reading
Feb 07 Trump: Nippon Steel dropping bid for U.S. Steel, making investment instead By Associated Press The details remain unclear. President Donald Trump said he would meet with the head of Nippon Steel next week “to mediate and arbitrate.”… Continue reading