Wall Street remained resilient as investors focused on optimism surrounding Ukraine peace talks. President Donald Trump’s tariff plan also appeared less severe than anticipated. Inflation and its impact on the U.S. economy crept back into the conversation over the week but Wall Street remained resilient as investors focused on optimism surrounding Ukraine peace talks and…
U.S. stocks were mostly unchanged at the open as investors weighed hot inflation reports earlier in the week, the postponement of reciprocal tariffs and this morning’s weak retail sales report. Consumers sharply curtailed their spending in January, indicating a potential weakening in economic growth ahead, according to the Commerce Department. Retail sales slipped 0.9% in January…
U.S. stocks edged up at the open, trying to shake off renewed inflation concerns and expectations for President Donald Trump to announce reciprocal tariffs on Thursday. Overall wholesale inflation, or a measure of prices businesses pay for goods and services, rose more than expected in January, but the core rate without energy and food was…
When news broke Wednesday that inflation and food prices went up in January, President Donald Trump wasted no time taking personal responsibility and vowing to focus solely on making life better for all Americans. HAH! Just kidding. He posted “BIDEN INFLATION UP!” on social media and then presumably went back to planning the Trump-branded hotel…
The head of Simon Property Group — which owns Rockaway Townsquare in Morris County near Route 80 and The Shops at Riverside off Route 4 in Hackensack — downplayed the impact of President Donald Trump’s new tariffs against China on the real estate giant’s operations, though he admitted that some costs may get passed on…
Arizona’s economy is closely tied to international trade, particularly with Mexico and Canada. While tariffs could generate revenue for the U.S. government, they may also lead to inflation and economic slowdown. The long-term impact of tariffs on U.S. manufacturing remains uncertain. Tariffs and trade have dominated headlines in recent days, with President Trump slapping import…
The U.S. and some of its closest trade partners have gone back and forth on trade polices in recent days after President Donald Trump announced tariffs on goods from Mexico, Canada and China. Capping off his second week back in office, Trump announced tariffs of up to 25% on goods from Mexico and Canada and…
BEIJING — China’s government on Sunday denounced the Trump administration’s imposition of a long-threatened 10% tariff on Chinese imports while leaving the door open for talks with the U.S. that could avoid a deepening conflict. Beijing will challenge President Donald Trump’s tariff at the World Trade Organization — a symbolic gesture — and take unspecified “countermeasures” in response to…
President Donald Trump has discussed implementing tariffs on Canada and Mexico. The move could involve 25% tariffs on goods from the two countries. In Binghamton, a community forum weighed the potential impact on local customers. President Donald Trump’s proposed tariffs on products from Canada, Mexico and China could begin as soon as Saturday. Ahead of…
A benign December inflation report was all it took to ignite another strong rally on Wall Street, with major indices delivering their best weekly performance since the postelection surge in early November. Heading into the week, markets were gripped by concerns over inflation and interest rates, pricing in just one interest rate cut by year-end…