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Consumer sentiment worsened in August amid sweeping new tariffs
Kinga Krzeminska/Getty Images(NEW YORK) -- Consumer sentiment worsened in August, snapping two consecutive months of improved attitudes among shoppers as President Donald Trump imposed sweeping new tariffs on nearly 70 countries. The fresh reading fell...
19h ago
These jobs are hiring, despite a weak job market
Stock image of stethoscope. ATU Images/Getty Images(NEW YORK) -- The labor market slowed sharply this summer, leaving job applicants with fewer places to turn for a new position.Employers added an average of about 35,000 jobs over three month...
Aug 13, 2025
What to know about the Trump administration's deal with AI chipmakers
VCG/VCG via Getty Images(WASHINGTON) -- AI chipmakers Nvidia and Advanced Micro Devices struck an extraordinary accord to pay the United States government 15% of the revenue the two companies are set to make from products sold in China, a White House o...
Aug 11, 2025
Why the stock market shrugged off weak data, recession fears
Matteo Colombo/Getty Images(NEW YORK) -- Weak jobs data came out hours before President Donald Trump fired the head of labor statistics. A report on gross domestic product indicated a slowdown of growth over the first half of the year. A sweeping round...
Aug 08, 2025