Mar 06 Watch 4:51 U.S. economy shows signs of strain as Iran war brings more uncertainty By Amna Nawaz, Diane Lincoln Estes, Jackson Hudgins A disappointing jobs report shows that employers cut 92,000 jobs in February. The report also included downward revisions for the previous two months and a slight rise in the unemployment rate. It paints a picture of a labor market struggling… Continue watching
Mar 05 Multiple states sue over Trump's new global tariffs imposed after his Supreme Court loss By Lindsay Whitehurst, Paul Wiseman, Associated Press Some two dozen states challenged President Donald Trump’s new global tariffs on Thursday, filing a lawsuit over import taxes he imposed after a stinging loss at the Supreme Court. Continue reading
Mar 03 The U.S. economy is already unsteady. A war in Iran could add to that uncertainty By Christopher Rugaber, Associated Press A longer war that pushed oil past $100 a barrel for an extended period would likely boost inflation, at least temporarily. Continue reading
Feb 24 WATCH: Trump says tariffs could replace income tax By Hannah Grabenstein On Friday, the Supreme Court delivered a major setback to Trump's agenda when it struck down his sweeping tariffs. Trump announced later he would reimpose global tariffs at 15%, though they took effect Tuesday at 10%. Continue reading
Feb 24 FedEx joins other U.S. companies, seeks a full refund after Trump tariffs are ruled illegal By Michelle Chapman, Associated Press FedEx said in a filing with the U.S. Court of International Trade that they have "suffered injury" from having to pay the tariffs… Continue reading
Feb 23 EU pauses U.S. trade deal as it seeks clarity over Trump's new 15% global tariffs By David McHugh, Associated Press Frustrated European officials pushed Monday for clarification on how U.S. President Donald Trump's declaration of a 15% global tax on imports would affect the trade deal they struck with Trump this summer as EU legislators hit pause on the deal's ratification until they get… Continue reading
Feb 23 Stocks drop after Trump ramps up new tariffs and investors dump potential AI losers By Stan Choe, Associated Press U.S. stocks slumped Monday after President Donald Trump ramped up his newest tariffs, while investors continued to punish companies that could be losers in the artificial-intelligence revolution. Continue reading
Feb 21 Trump increases global tariffs to 15% after Supreme Court decision By Michelle L. Price, Associated Press President Donald Trump said Saturday that he was raising the global tariff he wants to impose to 15%, up from 10% he had announced a day earlier. Continue reading
Feb 20 Watch 5:49 Why the Supreme Court ruled against Trump's tariffs By Geoff Bennett, Ali Schmitz The Supreme Court struck down most of President Trump's tariffs in a blow to his agenda. In a 6-3 decision, the court ruled that he did not have the authority under an economic emergency law to issue such levies. The… Continue watching
Feb 20 Watch 5:17 What's next for consumers and the economy after the Supreme Court's tariff ruling By Amna Nawaz, Jackson Hudgins After the Supreme Court struck down many of President Trump's global tariffs, he pledged to keep most of them in place through other means. To discuss what the ruling and the president's response mean for the economy, Amna Nawaz spoke… Continue watching