Business News

(NEW YORK) -- Stocks fell on Monday ahead of the expected introduction of President Donald Trump's sweeping tariffs on Wednesday, measures the president said will impact "all countries."The Dow Jones Industrial Average ticked down 10 points, or 0.03%, while the S&P 500 declined 0.7%. The tech-heavy Nasdaq plunged 1.5%.Tesla, the electric carmaker led by billionaire Trump-advisor Elon Musk, dropped nearly 5%.The downturn in U.S. markets followed a wave of selloffs […]

(NEW YORK) -- U.S. stocks plunged in early trading on Monday ahead of the expected introduction of President Donald Trump's sweeping tariffs on Wednesday, measures the president said will impact "all countries."The Dow Jones Industrial Average fell 315 points, or 0.75%, while the S&P 500 declined 1.1% on Monday morning. The tech-heavy Nasdaq plunged 1.75%.Tesla, the electric carmaker led by billionaire Trump-advisor Elon Musk, dropped nearly 6%.The downturn in U.S. […]

(NEW YORK) -- Foreign markets saw a wave of selloffs on Monday morning ahead of the expected introduction of President Donald Trump's sweeping tariffs on Wednesday, measures the president said will impact "all countries."Japan's Nikkei index fell more than 4% and South Korea's KOSPI slipped 3% after opening on Monday. In Europe, the British FTSE 100 fell by 1.18%, the German DAX index fell by 1.82% and France's CAC 40 […]

(MADISON, WI) -- Just hours after the state Supreme Court rejected Wisconsin Attorney General Josh Kaul's effort to block Elon Musk from handing out $1 million checks on Sunday night, the billionaire took the stage at a town hall in Green Bay and gave away two $1 million checks to attendees in his latest effort to support conservative candidate Brad Schimel.Urging the crowd to back Schimel, Musk cast Tuesday as […]

Spencer Platt/Getty Images (NEW YORK) -- Inflation held steady in February compared to a year ago, according to a release from the Federal Reserve's preferred gauge of price increases.The reading matched economists' expectations.Consumer prices climbed 2.5% in February compared to a year ago, registering at a level slightly higher than the Fed’s target rate of 2%, Commerce Department data on Friday showed.Core inflation -- a closely watched measure that strips […]

(NEW YORK) -- U.S. stocks ticked higher on Thursday in the first trading since President Donald Trump announced 25% auto tariffs.The tariffs have escalated a global trade war and prompted forecasts of higher car prices.The Dow Jones Industrial Average climbed 20 points, or 0.05%, while the S&P 500 increased 0.25% on Thursday morning. The tech-heavy Nasdaq jumped 0.25%.Shares of major U.S. automakers dropped in early trading. General Motors dropped more than […]

Michael M. Santiago/Getty Images (NEW YORK) -- U.S. stocks slid on Thursday in the first trading since President Donald Trump announced 25% auto tariffs, escalating a global trade war and prompting forecasts of higher car prices.The Dow Jones Industrial Average fell 250 points, or 0.5%, while the S&P 500 dropped 0.5%. The tech-heavy Nasdaq declined 0.6%.Shares of major U.S. automakers plunged in early trading. General Motors dropped more than 8%, […]

NPR CEO Katherine Maher, PBS President & CEO Paula Kerger; Bill Clark/CQ-Roll Call, Inc via Getty Images (WASHINGTON) -- Republicans accused public media outlets NPR and PBS of bias at a House subcommittee hearing on Wednesday, while Democrats defended the organizations and criticized the event as a distraction from the ongoing controversy regarding the Trump administration's use the Signal messaging app for the communication of sensitive information.PBS President and CEO […]

(NEW YORK) -- President Donald Trump has vowed to issue a fresh round of tariffs on April 2, presenting it as an inflection point for the economy weeks after a previous set of duties roiled markets and incited recession fears.Trump has repeatedly referred to April 2 as "liberation day," saying a wide-ranging slate of reciprocal tariffs would rebalance U.S. trade relationships.Trump's plan for reciprocal tariffs next week, however, is expected […]