Employers in the United States added 177,000 workers to their payrolls in April, the Department of Labor said Friday, and the unemployment rate was unchanged at 4.2 percent, defying predictions of labor market sluggishness following President Trump’s announcement of tariffs.
U.S. added 177,000 jobs in April, better than expected, as economy defies doomsayers Read More »
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 »
Walmart announced on Monday that the company would be launching a “Grow with US” program aimed at helping small businesses in the US grow by selling American-made products.
Walmart launches ‘Grow with US’ to support small, American-based businesses Read More »
The price of products Amazon Inc. displays in its online store may soon include the listed price and how much was added to the value due to President Donald Trump’s tariff impositions.
Amazon denies report that ‘tariff cost’ will be shown next to product prices 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 »
President Donald Trump took aim at Federal Reserve Chairman Jerome Powell Thursday morning, arguing he “should have lowered Interest Rates” and hinting at a looming “termination.”
Trump trashes Powell as ‘too late and wrong,’ hinting at Fed chairman’s ‘termination’ Read More »
As a week of intense tariff mania ends and a new period of negotiations begins, President Donald Trump has 1) started a trade war with China, imposing a 125% tariff on all imports from that country; 2) imposed a 10% global baseline tariff on the world; 3) imposed tariffs on steel, aluminum, some autos, and auto parts; and 4) paused for 90 days a long list of higher “reciprocal” tariffs on many countries.
President Donald Trump is leveraging a 145% tariff rate, higher than previously thought, on Chinese goods, according to White House officials.
White House clarifies new China tariff rate of 145%, not 125% Read More »
President Donald Trump was optimistic after speaking with acting South Korean President Han Duck-soo about getting a “great deal” on tariffs and other matters with the Asian country.
Trump opens talks with South Korea on tariffs Read More »
