Business

(WASHINGTON) — President Donald Trump on Thursday threatened a 200% tariff on champagne and other alcohol products from the European Union, escalating a global trade war that has roiled markets and stoked recession fears. The move came a day after the EU announced plans to slap tariffs on $28 billion worth of U.S. goods, including […]

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City. (NEW YORK) — U.S. stocks dropped slightly lower early Thursday, after a reprieve for the S&P and Nasdaq a day earlier amid President Donald Trump’s trade war. The Dow Jones Industrial Average fell 150 points in early trading, or […]

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City. (NEW YORK) — Stocks futures were again showing jitters early Thursday, after a reprieve for the S&P and NASDAQ on Wednesday amid President Donald Trump’s trade war. A back-and-forth over international tariffs is hanging over the U.S. economy, along […]

(NEW YORK) — The major U.S. airlines thought they were going to have a strong first quarter, but things are not going as well as expected. Each of the major U.S. airlines has put out guidance pointing to significant economic uncertainty that is directly affecting their domestic bookings this spring. For its part, Delta was […]

(NEW YORK) — Consumer prices rose 2.8% in February compared to a year ago, easing slightly over the first full month under President Donald Trump and offering welcome news for markets roiled by a global trade war. Inflation cooled more than economists expected. The major stock indexes climbed in early trading on Wednesday, minutes after […]

Spencer Platt/Getty Images (NEW YORK) — U.S. stocks teetered in early trading on Wednesday, posting shaky performance amid an escalating global trade war and concerns about a possible recession. After some initial modest gains, the Dow Jones Industrial Average fell 330 points, or 0.8%, while the S&P 500 dropped 0.25%. The tech-heavy Nasdaq ticked up […]

(NEW YORK) — Consumer prices rose 2.8% in February compared to a year ago, easing slightly over the first full month under President Donald Trump and offering welcome news for markets roiled by a global trade war. Inflation cooled more than economists expected. Price increases slowed from a 3% inflation rate recorded in January, though […]

Spencer Platt/Getty Images (NEW YORK) — U.S. stocks climbed in early trading on Wednesday, recovering some of the losses suffered in recent days amid an escalating global trade war and concerns about a possible recession. The Dow Jones Industrial Average jumped about 200 points, or 0.5%, while the S&P 500 increased 1%. The tech-heavy Nasdaq […]

Li Hongbo / Feature China/Future Publishing via Getty Images (WASHINGTON) — U.S. tariffs on imported steel and aluminum are now in effect, part of an escalating series of trade maneuvers by President Donald Trump that have unsettled markets. As of Wednesday, the U.S. is imposing 25% tariffs on all steel and aluminum imports from all […]

Spencer Platt/Getty Images (NEW YORK) — Stocks futures traded slightly higher early Wednesday, following another volatile day for the market amid the continued rollout of President Donald Trump’s tariffs on goods from top U.S. trading partners. Dow futures were higher by 189 points or 0.46%. Both the Nasdaq and S&P 500 also appeared ready to […]