tariffs

U.S. inflation rose slightly last month as grocery prices ticked higher

By Anne D'Innocenzio and Christopher Rugaber, Associated Press

The figures suggest inflation remains stubbornly above the Federal Reserve's 2% target, which makes it less likely that the central bank will cut its key short-term interest rate.

Apple unveils software redesign while reeling from AI missteps and Trump’s trade war

By Michael Liedtke, Associated Press

After stumbling out of the starting gate in Big Tech’s pivotal race to capitalize on artificial intelligence, Apple tried to regain its footing Monday during a developers conference that focused mostly on incremental advances and cosmetic changes in its technology.

With trade talks due to start, China says exports to U.S. fell 35% in May

By Elaine Kurtenbach, Associated Press

China has reported its exports to the United States fell 35% in May from a year earlier, straining the economy, as trade talks with Washington were due to start in London.

More Americans applied for jobless benefits last week, rising to highest level in eight months

By Matt Ott, Associated Press

New applications for jobless benefits rose by 8,000 to 247,000 for the week ending May 31, the Labor Department said Thursday. That's the most since early October.

WATCH: In Merz meeting, Trump says it might be better to let Ukraine and Russia ‘fight for a while’

By Seung Min Kim, Kirsten Grieshaber, Geir Moulson, Associated Press

In an Oval Office meeting with German Chancellor Friedrich Merz, Trump likened the war in Ukraine — which Russia invaded in early 2022 — to a fight between two young children who hated each other.

China and U.S. will hold more tariff talks, Trump says after Xi call

By Will Weissert, Chris Megerian, Associated Press

President Donald Trump and Chinese leader Xi Jinping spoke on Thursday at a time when stalled tariff negotiations between their two countries have roiled global trade.

What’s ahead for U.S. economy as global market reacts to Trump’s tariffs

By Geoff Bennett, Jackson Hudgins

The Congressional Budget Office released an analysis of the impact of President Trump’s tariffs. It projects current policies would reduce the deficit by $2.8 trillion over the next decade, but raise inflation and shrink the size of the economy. It…

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U.S. and European trade negotiators make progress but no breakthrough yet

By Catherine Gaschka and Sam McNeil, Paul Wiseman, Associated Press

The European Union’s top trade negotiator, Maroš Šefčovič, met Wednesday with his American counterpart, U.S. Trade Representative Jamieson Greer, on the sidelines of a meeting of the Organization for Economic Cooperation and Development.

Trump’s 50% tariffs on steel and aluminum go into effect. Here’s what to know

By Wyatte Grantham-Philips, Associated Press

Economists warn that such heightened levies could significantly squeeze the wallets of both companies and shoppers alike. But President Donald Trump argues that his latest import taxes are necessary to protect U.S. industries.

Can Trump fix the national debt? Republican senators, many investors and even Elon Musk are skeptical

By Josh Boak, Associated Press

The White House has viciously lashed out at anyone who has voiced concern about the debt snowballing under Trump, even though it did exactly that in his first term after his 2017 tax cuts.