Apr 17 What is the bond market, and why does it matter for the economy? By Louis Jacobson, PolitiFact Even more than the stock market, experts say, the bond market may have forced President Donald Trump into pausing his country-by-country tariffs. Here's why. Continue reading
Apr 17 WATCH: Trump meets Italy’s Meloni at White House as Europe seeks bridge to U.S. By Josh Boak, Colleen Barry, Associated Press Trump said Thursday he is in “no rush” to reach any trade deals because he views tariffs as making the United States wealthy. But he suggested while meeting with Italian Premier Giorgia Meloni that it would be easy to find… Continue reading
Apr 17 WATCH: Trump criticizes Powell over interest rates, suggests he can remove Fed chair By Aamer Madhani, Josh Boak, Associated Press “If I want him out, he’ll be out of there real fast, believe me," Trump said in the Oval Office while taking questions from reporters during a visit with Italian Prime Minister Giorgia Meloni. “I'm not happy with him.”… Continue reading
Apr 16 S&P 500 sinks as tech stocks fall amid thickening fog of Trump’s trade war By Stan Choe, Associated Press U.S. stocks fell Wednesday after Nvidia warned new restrictions on exports to China will chisel billions of dollars off its results, while companies around the world said President Donald Trump’s trade war is clouding forecasts for how they and the… Continue reading
Apr 16 WATCH: Powell says Fed can wait on interest rate moves as tariff battle with China continues By Christopher Rugaber, Associated Press The Federal Reserve can stay patient and wait to see how tariffs and other economic policies of the Trump administration play out before making any changes to interest rates, Chair Jerome Powell said Wednesday. Continue reading
Apr 16 California will sue to stop Trump from imposing sweeping tariffs By Sophie Austin, Associated Press/Report for America The state's Democratic governor says the president lacks the authority to impose a 10% tariff on all imports. Continue reading
Apr 16 Trump to join his top economic advisers for trade negotiations with Japan at the White House By Darlene Superville, Mari Yamaguchi, Associated Press The Republican president said in a social media post that he’ll attend the meeting alongside Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick who have a central role in his trade and tariff policies. Continue reading
Apr 16 Ahead of Trump’s tariffs, retail sales rise 1.4% in March as shoppers stock up on big ticket items By Anne D'Innocenzio, Associated Press U.S. shoppers increased their shopping last month, fueled by a spending spree on foreign-made new items from gadgets to cars before President Donald Trump’s expansive new tariffs started kicking in. Continue reading
Apr 15 Xi suggests China is a source of ‘stability and certainty’ as he tours Southeast Asia By Huizhong Wu, Associated Press China’s Xi is making the case for free trade as he tours Southeast Asia this week, presenting China as a source of “stability and certainty.”… Continue reading
Apr 15 Japan’s chief trade negotiator to visit Washington for tariff talks this week By Mari Yamaguchi, Associated Press The visit is to "build a relationship of trust" between the two sides, with Japan requesting the U.S. side to drop the tariff measures, Hayashi said on Wednesday. Continue reading