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US stocks plunge as tariffs rattle markets worldwide
Sawayasu Tsuji/Getty Images(NEW YORK) -- U.S. stocks tumbled at opening on Monday as President Donald Trump's tariffs stoked fears of a wider global trade war and Wall Street firms sounded alarms about a possible recession. The sell-off hit U.S. firms ...
5h ago
Why you shouldn't 'go into debt' to beat the tariffs, experts say
Chip Somodevilla/Getty Images(NEW YORK) -- U.S. consumers are going on a tariff-induced shopping spree. From furniture, to appliances, to alcohol, Americans are rushing to buy before President Donald Trump's sweeping tariffs are felt at the checkout co...
Apr 05, 2025
Fed Chair Powell says he expects Trump's tariffs will hike inflation and slow growth
Tom Williams/CQ-Roll Call, Inc via Getty Images(WASHINGTON) -- Federal Reserve Chair Jerome Powell said Friday he expects President Donald Trump's tariff policy will hike prices and slow economic growth, while noting that key indicators "stil...
Apr 04, 2025
US hiring surged in March, defying recession fears
(SimpleImages/Getty Images)(NEW YORK) -- U.S. hiring surged in March, blowing past economists' expectations and defying concern on Wall Street about a possible economic recession, government data on Friday showed.The fresh data offered news of an upsur...
Apr 04, 2025