News

U.S. trade deficit cut in half as Trump tariffs cause import plunge
The U.S. international trade deficit narrowed 55.5% in April to $61.6 billion, the Commerce Department said Thursday.
U.S. Services-Sector Activity Unexpectedly Contracts as Tariffs Raise Uncertainty — ISM
ISM's prices index for services also ticked up, reaching its highest level since November 2022, when U.S. inflation was above 7%. That will add to concerns among policymakers at the Federal Reserve of ...
Donald Trump pushes forward on tariffs despite court challenges: What to know
President Donald Trump is hiking tariffs on aluminum and steel as his administration presses countries to speed up trade ...
Trump’s Steel Tariff Hike Takes Effect—Here Are The 22 Times He’s Changed His Mind On Tariffs
Trump and his aides have repeatedly shifted their stance on tariffs in the weeks since the president’s “Liberation Day” ...
Trump signs order imposing 50% tariffs for steel, aluminum. Why economists are dismayed.
The White House said Tuesday that President Donald Trump has signed an executive order to double tariffs on imported steel ...
Trump’s Tax Bill Is Testing the Dollar. This Red Flag Matters More.
The dollar’s worst start to a year on record, Bristol Myers plans to develop new cancer drug, Apple’s WWDC is coming, and ...