Category Archives: Business News
Stocks slump and oil prices jump as Trump urges Iran's unconditional surrender
NEW YORK (AP) - U.S. stocks slumped on Tuesday under the weight of another jump for the price of oil. It was a return to formfor financial markets after Wall Street's worries about Israel's fighting w...
Jun 17, 2025
Wall Street recovers from Friday's shock as US stocks rise and oil prices ease
NEW YORK (AP) - Calm returned to Wall Street on Monday, and U.S. stocks rose, while oil prices gave back some of their initial spurts following Israel's attack on Iranian nuclear and military targets ...
Jun 16, 2025
Federal Reserve leaves key rate unchanged as it sees risk of higher prices and higher unemployment
By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) - The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trump's demands to lower borrowing costs,...
May 07, 2025
Stocks rally worldwide after Trump eases some of his tariffs on electronics, for now
By STAN CHOE AP Business Writer NEW YORK (AP) - Stocks are rising worldwide Monday after President Donald Trump relaxed some of his tariffs, for now at least, and as stress from within the U.S. bond m...
Apr 14, 2025
Trump team tries to project confidence and calm after his tariff moves rattled markets
By BILL BARROW Associated Press ATLANTA (AP) - Trump administration officials were out in force across the television networks Sunday defending President Donald Trump's economic policies after another...
Apr 13, 2025
Dow drops 1,600 as US stocks lead worldwide sell-off after Trump's tariffs cause a COVID-like shock
By STAN CHOE AP Business Writer NEW YORK (AP) - Wall Street shuddered, and a level of shock unseen since COVID's outbreak tore through financial markets worldwide Thursday on worries about the damage ...
Apr 03, 2025
Trump announces sweeping new tariffs to promote US manufacturing, risking inflation and trade wars
By JOSH BOAK Associated Press WASHINGTON (AP) - President Donald Trump declared on Wednesday a 10% baseline tax on imports from all countries and higher tariff rates on dozens of nations that run trad...
Apr 02, 2025
Americans increased spending tepidly last month as anxiety over the economy takes hold
By CHRISTOPHER RUGABER and ANNE D'INNOCENZIO AP Business Writers WASHINGTON (AP) - U.S. shoppers stepped up their spending just a bit in February after a sharp pullback the previous month, signaling t...
Mar 17, 2025
Trump halts doubling of tariffs on Canadian metals, after Ontario suspends electricity price hikes
By JOSH BOAK, ROB GILLIES and MICHELLE PRICE Associated Press WASHINGTON (AP) - President Donald Trump 's threat on Tuesday to double his planned tariffs on steel and aluminum from 25% to 50% for Cana...
Mar 11, 2025
Stocks' sell-off worsens as Wall Street wonders how much pain Trump will accept for the economy
By STAN CHOE AP Business Writer NEW YORK (AP) - The U.S. stock market's sell-off cut deeper on Monday as Wall Street questioned how much pain President Donald Trump will let the economy endure through...
Mar 10, 2025