WASHINGTON (AP) — In the past week, President Donald Trump has managed to make his erratic trade policies even more baffling to countries desperate to negotiate an escape from his wrath. Doubling down on his trade wars, Trump is threatening to raise taxes on many goods from Canada, hike his universal tariff on imports from…
NEW YORK (AP) — U.S. stocks are climbing further into record heights on Thursday after a report showed the U.S. job market looks stronger than Wall Street expected. The S&P 500 was up 0.8% in midday trading and on track to set an all-time high for the fourth time in five days. The Dow Jones…
“Investors will breathe a sigh of relief,” he said. The Nasdaq composite gained 0.5 percent and set its own all-time high. The Dow Jones Industrial Average rose 1 percent. President Trump’s decision Friday to halt trade talks with Canada threatened to derail Wall Street’s run to a record, but the market steadied. The gains on…
A trade war. A real war with bombs dropped in the Middle East. A barrage of insults hurled by the president of the United States at the head of the Federal Reserve. The stock market has powered through all of that in the past few months to set a new record Friday and reward investors…
MANILA, Philippines (AP) — Asian shares were mostly higher on Friday after U.S. stocks ran up to the edge of another record. U.S. futures and oil prices also logged slight gains. Investors were watching for further details after President Donald Trump said the U.S. and China had signed a trade deal. Commerce Secretary Howard Lutnick…
BARCELONA, Spain — Jilted, betrayed, dumped, or defiant. It’s hard to describe the European Union after relentless attacks from its once-dependable ally, the United States. The threat from Donald Trump’s second administration against Greenland, its sweeping tariff plans and courtship of Moscow have firmed up some European leaders’ vows to reduce their reliance on America….
MANILA, Philippines — Japanese Prime Minister Shigeru Ishiba is traveling to the Philippines on Tuesday seeking to further boost an alliance in the face of China’s growing assertiveness in the region. Ishiba will meet Philippine President Ferdinand Marcos in Manila on Tuesday at the start of his two-day visit. Their talks are expected to focus…
President Donald Trump is badgering the Federal Reserve to cut interest rates, but even if the Fed gave in to the pressure, it wouldn’t necessarily lead to lower borrowing costs for consumers. In fact, economists say, Trump’s ongoing attacks on Fed Chair Jerome Powell and his tariff policies could keep the longer-term interest rates that…
WASHINGTON (AP) — President Donald Trump can’t stop contradicting himself on his own tariff plans. He says he’s on a path to cut several new trade deals in a few weeks — but has also suggested it’s “physically impossible” to hold all the needed meetings. Trump has said he will simply set new tariff rates…
Wall Street weakened Monday as investors worldwide get more skeptical about U.S. investments because of President Donald Trump’s trade war and his criticism of the Federal Reserve, which are shaking the traditional order.The S&P 500 sank 2.4% in another wipeout. That yanked the index that’s at the center of many 401(k) accounts 16% below its…