Business News

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 open narrowly higher on Wednesday.Traders are expected to be looking to Wednesday's inflation report for clues […]

(WASHINGTON) -- An inflation report to be released on Wednesday will provide a fresh gauge of economic performance under President Donald Trump as markets slide and recession fears swell in response to an escalating trade war.Economists expect the data to show that inflation eased in February.Consumer prices are expected to have risen 2.9% over the year ending in February, which would amount to a slight slowdown from a 3% rate […]

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 trading partners with no exceptions or exemptions, according to an earlier statement by the White House.Products […]

Busakorn Pongparnit via Getty Images (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 sure this would be a strong first quarter, but this morning the […]

Spencer Platt/Getty Images (NEW YORK) -- U.S. stocks dropped on Tuesday, extending losses suffered a day earlier amid a fresh round of tariffs on Canada and concern about a possible recession.The Dow Jones Industrial Average tumbled about 515 points, or 1.2%, while the S&P 500 fell 0.8%. The tech-heavy Nasdaq ticked down 0.4%.The Tuesday selloff extended a days-long market decline touched off by U.S. tariffs imposed last week on Canada, […]

Spencer Platt/Getty Images (NEW YORK) -- U.S. stocks seesawed between positive and negative territory in early trading on Tuesday, remaining essentially unchanged after losses suffered Monday when markets reacted to President Donald Trump's refusal to rule out a possible recession.The Dow Jones Industrial Average ticked down about 225 points, or 0.5%, while the S&P 500 ticked up 0.2%. The tech-heavy Nasdaq inched higher about 0.5%.Wobbly markets in early trading on […]

(DALLAS) -- A shift is on the horizon at Southwest Airlines. The carrier known for its customer-friendly policies and affordable airfare announced changes to its baggage and fare structure in an effort to cater to a broader range of travelers.While the low-cost airline has long stood out for offering two free checked bags for all passengers, starting May 28, some customers will see charges for checked baggage.Southwest Airlines changes free […]

Spencer Platt/Getty Images (NEW YORK) -- U.S. stock futures traded slightly higher on Tuesday, following Monday's major selloff as markets digested President Donald Trump's comments that there would be a "period of transition" as the economy adjusted to a global trade war.Dow futures traded up 156 points, or about 0.36%.The Dow Jones Industrial Average closed down about 2% on Monday, while the S&P 500 declined 2.7%. The tech-heavy Nasdaq plummeted […]

(NEW YORK) -- Since Elon Musk went to Washington, D.C., to slash the government alongside President Donald Trump, the stock of his electric car company Tesla has taken a significant hit, tumbling nearly 48% this year. During an interview this week, Musk addressed the difficulties."You're giving up your other stuff," Fox Business' Larry Kudlow asked Musk during an interview. "How are you running your other businesses?""With great difficulty," Musk replied […]