Business News

Michael M. Santiago/Getty Images (NEW YORK) -- Stock markets struggled into Wednesday morning as it became clear that President Donald Trump intended to announce a slew of tariffs on America's trading partners, with the White House preparing to mark what it is calling "Liberation Day."The S&P 500 and NASDAQ both posted their first quarterly losses since 2022 this week as investors prepared for the new measures and economists warned of […]

(NEW YORK) -- Canada vowed to respond with retaliatory tariffs if President Donald Trump slaps additional levies on Canadian goods as part of an expected announcement of sweeping new tariffs on Wednesday."We will respond to additional measures," Canadian Prime Minister Mark Carney told reporters on Tuesday. "We will put in place retaliatory measures if there are additional measures put against Canada tomorrow."The Trump administration last month imposed 25% tariffs on […]

Spencer Platt/Getty Images (NEW YORK) -- U.S. stocks tumbled in early trading on Tuesday, just a day before President Donald Trump's expected announcement of sweeping new tariffs, which threatens to escalate a global trade war.The Dow Jones Industrial Average fell 250 points, or 0.6%, while the S&P 500 declined 0.45%. The tech-heavy Nasdaq ticked down 0.3%.Trump told reporters at the Oval Office on Monday that he had settled on a […]

(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 […]