Key Takeaways President Donald Trump’s tariffs against trading partners announced Wednesday were billed as “reciprocal,” targeting countries that have their own trade barriers against U.S. goods. However, economists and trade experts said that because of the way the White House calculated the rates, these tariffs seem to be based on trade deficits. Trade experts questioned […]

U.S. President Donald Trump stands, after delivering remarks on tariffs, in the Rose Garden at the White House in Washington, D.C., U.S., April 2, 2025.  Leah Millis | Reuters Global markets, businesses and long-standing geopolitical relationships were thrown into disarray on Thursday, the day after U.S. President Donald Trump announced his tariff policy — and Europe

Chinese national flags flutter on boats near shipping containers at the Yangshan Port outside Shanghai, China, February 7, 2025.  Go Nakamura | Reuters BEIJING — China’s reaction to new U.S. tariffs will likely focus on domestic stimulus and strengthening ties with trading partners, according to analysts based in Greater China. Hours after U.S. President Donald

Key Takeaways Nike shares plunged Thursday amid concerns the Trump administration’s recently announced reciprocal tariffs could weigh on the company’s profits. Since breaking down below the neckline of a head and shoulders pattern last June, the stock has continued to trend sharply lower, with the price falling decisively below the 200-month moving average to kick

Memorial Day marks the unofficial beginning of summer in the U.S., but the days leading up to it tend to bring the biggest airport crowds. Some days around the long weekend are significantly busier than others, and if you can afford to be flexible when flying during Memorial Day weekend, you’ll save money and avoid

Economists, market watchers and consumers alike are still trying to understand the implications of President Donald Trump’s announcement on Wednesday of sweeping new tariffs. The plan, part of Trump’s “Make America Wealthy Again” initiatives, features a baseline 10% tariff on all U.S. trading partners as well as duties as high as 50% on nations with

Be careful what you wish for. Shares of U.S. steelmaker Cleveland-Cliffs (CLF -16.90%) plunged 16.9% on Thursday, which was significantly worse than the 4.8% plunge experienced by the S&P 500 index. Some might be confused as to why Cleveland-Cliffs, a domestic steel supplier, would be down so much on last night’s sweeping tariff announcements from

Key Takeaways President Trump’s unveiling this week of across-the-globe tariffs has raised the odds for rising inflation and even a recession. The swirling uncertainty is leaving many Americans with questions about the best places to keep their money right now. Fortunately, one strategy can inject some rock-solid predictability into your savings plan: a CD that

U.S. Federal Reserve Chair Jerome Powell and U.S. President Donald Trump. Craig Hudson | Evelyn Hockstein | Reuters Now that President Donald Trump has set out his landmark tariff plans, the Federal Reserve finds itself in a potential policy box, having to choose between fighting inflation, boosting growth — or simply avoiding the fray and

Key Takeaways The S&P 500 plunged 4.8% on Thursday, April 3, 2025, a day after the Trump administration imposed expansive tariffs on imports from countries across the world. Dell Technologies shares dropped as the tariff announcement raised concerns about increased costs. Other computer-hardware makers were hit hard, too. Shares of potato provider Lamb Weston provided