The U.S. economy contracted in the first quarter as President Donald Trump’s economic agenda took effect, according to new data released on Wednesday.
US economy slows sharply, shrinking 0.3% in the first quarter, as tariffs weigh Read More »
International Business Machines Corporation (IBM), one of the nation’s largest technology employers, is planning to invest $150 billion in the U.S. “over the next five years to fuel the economy and to accelerate its role as the global leader in computing,” according to a media release.
IBM announces $150B investment in US Read More »
Stocks are higher on Thursday, extending gains from the prior two sessions.
Stocks attempt third day of gains, Trump eyes softer tariff tone Read More »
Treasury Secretary Scott Bessent said on Wednesday that more than 100 countries have approached the U.S. “wanting to help rebalance global trade” in response to President Donald Trump’s tariff announcements.
The announcements, which have come from sectors such as tech, pharmaceuticals and automobiles, came amid President Donald Trump seeking to increase domestic manufacturing through tariffs and other measures.
These companies have announced their intention to increase US manufacturing Read More »
Chinese airlines have been ordered not to take any further deliveries of Boeing aircraft in response to the U.S. imposing 145% tariffs on Chinese goods, Bloomberg News reports.
China halts Boeing jet orders Read More »
U.S. shoppers will be able to save on Ford vehicles this spring through a new initiative called From America, For America.
Ford Motor Company will offer employee pricing to all US shoppers Read More »
Amazon has made a bid to acquire TikTok as the popular social media app faces a looming deadline to be divested from its China-based owner or face a ban in the U.S. that could take effect this month.
Amazon makes bid to buy TikTok as deadline looms Read More »
President Donald Trump early Thursday threatened even larger tariffs on the European Union and Canada if both economies worked together to do “economic harm to the USA.”
The European Union (EU) has delayed imposing its first retaliatory tariffs against the U.S. until mid-April, after President Donald Trump threatened a 25% tariff increase on all steel and aluminum imports earlier this month, according to Reuters.
EU delays imposing first round of retaliatory tariffs against US until mid-April Read More »
