May 14 Watch 5:53 Port of LA head describes how Trump's tariffs are affecting imports By Geoff Bennett, Karina Cuevas Trade tensions between the U.S. and China may be cooling but the economic fallout is still rippling through the Port of Los Angeles. This matters because the port plays a major role in the global supply chain and a slowdown… Continue watching
May 13 'Art is a threat to the autocrats and the fascists of the world,' Cannes honoree De Niro says at festival opening By Jake Coyle, Associated Press Robert De Niro, Leonardo DiCaprio and Quentin Tarantino descended on the Cannes Film Festival as the French Riviera extravaganza got its 78th edition underway Tuesday. Expectations are running high for a potentially banner year. Continue reading
May 13 S&P 500 erases its loss for 2025 as Wall Street rallies on news of slower inflation By Stan Choe, Associated Press Stocks have been roaring back since the S&P 500 fell nearly 20 percent below its record last month on hopes that President Donald Trump will ease his stiff tariffs on trading partners worldwide before they create a recession and send… Continue reading
May 13 Inflation cooled again in April as grocery and gas prices fell, but full tariff impacts likely not yet felt By Christopher Rugaber, Associated Press Tuesday's report could provide an early read on how Trump's duties will affect the prices Americans pay for necessities and other goods such as clothing, shoes, furniture and even groceries. Continue reading
May 12 Watch 4:55 U.S. and China roll back steep tariffs as they try to reach a larger deal By Lisa Desjardins, Winston Wilde There's been a big breakthrough in the battle over tariffs. The United States and China have paused many of their most punishing tariffs, for the time being, while they try to reach a larger deal. It's a major thaw in… Continue watching
May 12 Watch 6:45 What's next for Trump's trade war after pausing tariffs with China By Geoff Bennett, Azhar Merchant As the U.S. and China announced a surprising pause on tariffs, we're taking a look at what's behind it and where things go in the weeks ahead. To discuss the trade negotiations, Geoff Bennett spoke with Derek Scissors of the… Continue watching
May 12 Dow leaps 1,100 points following a 90-day truce in the U.S.-China trade war By Stan Choe, Associated Press U.S. stocks rallied after China and the United States announced a 90-day truce in their trade war. The S&P 500 jumped 3.3% Monday. The Dow Jones Industrial Average rose more than 1,100 points, and the Nasdaq composite rallied 4.3%. Continue reading
May 12 U.S. and China reach temporary deal to reduce sky-high tariffs for 90 days, plan more talks By Jamey Keaten, David McHugh, Elaine Kurtenbach, Ken Moritsugu, Associated Press Stock markets rose sharply as the globe's two major economic powers took a step back from a clash that has unsettled the global economy. Continue reading
May 11 No breakthroughs on 2nd day of U.S.-China tariff talks, but Trump touts 'great progress' By Jamey Keaten, Christopher Bodeen, Associated Press The U.S. and China on Sunday resumed crucial tariff talks that have put the global economy on edge, but appeared to have diverging views of where the negotiations presently stand. Continue reading
May 10 U.S.-China tariff talks begin in Geneva as the world looks for signs of hope By Paul Wiseman, Didi Tang, Jamey Keaten, Associated Press The U.S. treasury secretary and America’s top trade negotiator began talks with high-ranking Chinese officials in Switzerland Saturday aiming to de-escalate a dispute that threatens to cut off trade between the world’s two biggest economies and damage the global economy. Continue reading