Business

(NEW YORK) — Consumer sentiment ticked higher in July, marking two consecutive months of improved shopper attitudes as businesses navigated President Donald Trump’s latest tariff threats targeting dozens of countries. The fresh reading matched economists’ expectations. The recent resurgence of consumer sentiment followed six straight months of worsening attitudes, according to University of Michigan survey data released Friday. Before the […]

(WASHINGTON) — Private spaceflight is transforming from joy rides for billionaires into a gateway for nations to establish their space presence, one expert says, as the latest Axiom Space mission returned to Earth on Tuesday. The mission marked a historic moment for India, Poland and Hungary, who sent astronauts to the International Space Station (ISS) […]

(NEW YORK) — Stocks were mixed in early trading on Monday after President Donald Trump over the weekend issued 30% tariffs on the European Union and Mexico, rekindling tensions with two of the largest U.S. trade partners and threatening to raise consumer prices. The Dow Jones Industrial Average dropped 115 points, or 0.26%, while the […]

(WASHINGTON) — President Donald Trump has posted two letters on his social media platform announcing new tariffs on the European Union and Mexico that will take effect on Aug. 1. Trump will impose a 30% tariff on Mexico due to fentanyl crossing the border, he said in a letter to Mexican President Claudia Sheinbaum. “Mexico […]

(WASHINGTON) — President Donald Trump ratcheted up tariffs on Canada late Thursday, stoking tensions with a top U.S. trade partner as the two sides try to hash out a trade agreement by the end of the month. The Dow Jones Industrial Average tumbled 250 points, or 0.5%, in early trading on Friday, erasing some of the index’s gains in […]

(NEW YORK) — Linda Yaccarino said she is stepping down from her role as CEO of X, the social media platform owned by Elon Musk. Yaccarino, who previously served as an advertising executive at NBCUniversal, took the helm of X two years ago. In post on X announcing her departure, Yaccarino thanked Musk for the […]

(WASHINGTON) — Stocks closed down significantly on Monday after President Donald Trump announced steep tariffs on seven countries and threatened to impose new levies on others. The Dow Jones Industrial Average closed down 422 points, or 0.9%, while the S&P 500 dropped 0.7%. The tech-heavy Nasdaq declined 0.9%. Tesla, the electric-vehicle company led by tech billionaire Elon Musk, fell […]

(WASHINGTON) — President Donald Trump on Monday will sign an executive order delaying steep levies on dozens of countries that were set to take effect on Wednesday, the White House said. Trump’s so-called reciprocal tariffs will now take effect on Aug. 1, White House press secretary Karoline Leavitt told reporters. Minutes earlier, Trump announced 25% […]

(NEW YORK) — Gas prices are hovering near their lowest summer level in four years as millions of people ready themselves to hit the roads over the Fourth of July holiday weekend. The national average for a gallon of gas on Thursday stood at $3.16, which amounts to a nearly 10% decline from a year ago, AAA data showed. Gas […]

(NEW YORK) — Hiring surged in June as businesses navigated uncertainty surrounding President Donald Trump’s tariffs, federal government data on Thursday showed. The reading exceeded economists’ expectations. The U.S. added 147,000 jobs in June, according to data from the U.S. Bureau of Labor Statistics. That figure showed a slight increase from 139,000 jobs added in […]