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Stocks attempt third day of gains, Trump eyes softer tariff tone
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Stocks attempt third day of gains, Trump eyes softer tariff tone

By FOX Business Team , Christina Shaw, Bradford Betz and Stephen Sorace | Fox Business Stocks are higher on Thursday, extending gains from the prior two sessions. The Dow Jones Industrial Average was up more than 300 points, or 0.8%, while the S&P 500 and Nasdaq Composite climbed 1.5% and 2%, respectively. The major indexes opened mixed on Thursday after China said there are no ongoing talks with the U.S. on tariffs. Ministry of Commerce spokesman He Yadong said on Thursday that "Any claims about the progress of China-U.S. trade negotiations are groundless as trying to catch the wind and have no factual basis," according to The Associated Press. READ THE FULL STORY AT FOX BUSINESS
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Over 100 countries have approached US ‘wanting to help rebalance global trade’: Treasury’s Bessent
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Over 100 countries have approached US ‘wanting to help rebalance global trade’: Treasury’s Bessent

By FOX Business Team , Christina Shaw and Stephen Sorace | Fox Business 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. "These countries have responded openly and positively to the president's actions to create a more balanced international system," Bessent said at the Institute of International Finance. "We are engaged in meaningful discussions, and look forward to talking with others." READ THE FULL STORY AT FOX BUSINESS
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These companies have announced their intention to increase US manufacturing
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These companies have announced their intention to increase US manufacturing

By Aislinn Murphy  | Fox Business 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. Here are some of the companies that have made such announcements. Taiwan Semiconductor Manufacturing Company (TSMC) In early March, TSMC revealed it was putting $100 billion more toward advanced semiconductor manufacturing in the U.S.  The increased investment "includes plans for three new fabrication plants, two advanced packaging facilities and a major R&D team center," the Taiwan-based company said. READ THE FULL STORY AT FOX BUSINESS
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China halts Boeing jet orders
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China halts Boeing jet orders

By Pilar Arias  | Fox Business 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.  Just before 7 a.m. EST, Boeing's pre-market share stock price was down 3.72%.   The aerospace company calls itself a "top U.S. exporter" that serves "customers in more than 150 countries." Boeing's year-to-date deliveries show that 18 aircraft have been delivered to nine airlines in China. The country's top three airlines – Air China, China Eastern Airlines and China Southern Airlines – have plans to take delivery of 45, 53 and 81 Boeing planes, respectively, between 2025-2027, Reuters reports.  READ THE FULL STORY AT FOX BUSINESS
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Ford Motor Company will offer employee pricing to all US shoppers
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Ford Motor Company will offer employee pricing to all US shoppers

By Sophia Compton , Grady Trimble  | Fox Business U.S. shoppers will be able to save on Ford vehicles this spring through a new initiative called From America, For America. American consumers will have access to Ford's employee pricing from April 3 through June 2. This means customers will pay the same amount as Ford's workers, which is below the dealer invoice price, a spokesperson for the automobile manufacturer told Fox News Digital in an email. "We have the retail inventory to do this and a lot of choice for customers that need a vehicle," Ford Motor Company said in a statement. READ THE FULL STORY AT FOX BUSINESS
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Amazon makes bid to buy TikTok as deadline looms
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Amazon makes bid to buy TikTok as deadline looms

By  Eric Revell  | Fox Business 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. A Trump administration official told Reuters on Wednesday that the e-commerce giant made a bid to buy TikTok ahead of the looming ban. The New York Times previously reported, citing three people familiar with the matter, that Amazon placed a last-minute bid to acquire TikTok in its entirety. However, those sources told the outlet the parties involved in the discussions don't appear to be taking Amazon's bid seriously. According to the report, the offer was delivered to Vice President JD Vance and Commerce Secretary Howard Lutnick. READ THE FULL ...
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Trump threatens even larger tariffs on EU, Canada if they work together to cause ‘economic harm’ to the US
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Trump threatens even larger tariffs on EU, Canada if they work together to cause ‘economic harm’ to the US

By Bradford Betz | Fox Business 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."  Writing on his Truth Social platform, the president warned: "If the European Union works with Canada in order to do economic harm to the USA, large scale Tariffs, far larger than currently planned, will be placed on them both in order to protect the best friend that each of these countries has ever had!"  The post comes after the president announced on Wednesday he would impose a 25% tariff on all imported autos.  The European Automobile Manufacturers' Association (ACEA) issued a statement Thursday saying it was "deeply concerned" by Trump's announcement of additional tarif...
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EU delays imposing first round of retaliatory tariffs against US until mid-April
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EU delays imposing first round of retaliatory tariffs against US until mid-April

By Pilar Arias , Bonny Chu  | Fox Business 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.  The countermeasures of around $28 billion on U.S. goods, including a 50% tariff on American whiskey, were originally set to phase in on April 1, with a second wave to hit on April 13. However, the EU decided on Thursday to delay imposing all retaliatory tariffs until mid-April, Reuters reported. READ THE FULL STORY AT FOX BUSINESS
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Federal Reserve leaves key interest rate unchanged amid uncertainty over economy, inflation
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Federal Reserve leaves key interest rate unchanged amid uncertainty over economy, inflation

By Eric Revell  | Fox Business The Federal Reserve on Wednesday announced that it will leave its benchmark interest rate unchanged as policymakers continue to assess uncertainty around inflation and economic conditions in light of federal policy shifts. The central bank's decision leaves the benchmark federal funds rate at a range of 4.25% to 4.5%.  The move comes after the Fed left rates at that level at its previous meeting in January, which came on the heels of three consecutive rate cuts at its preceding meetings — which involved a 50-basis-point cut in September and a pair of 25-basis-point reductions in November and December. READ THE FULL STORY AT FOX BUSINESS
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Inflation slowed slightly to 2.8% in February ahead of Federal Reserve meeting
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Inflation slowed slightly to 2.8% in February ahead of Federal Reserve meeting

By Eric Revell  | Fox Business Inflation cooled slightly in February even as the pace of price growth remained well above the Federal Reserve's goal ahead of the central bank's policy meeting next week. The Labor Department on Wednesday said that the consumer price index (CPI) – a broad measure of how much everyday goods like gasoline, groceries and rent cost – increased 0.2% in February compared with last month, while it rose 2.8% on an annual basis. Both the annual and monthly increases in headline inflation were cooler than the expectations of LSEG economists. READ THE FULL STORY AT FOX BUSINESS
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