Business News

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 tar...
15h ago

Dow closes down 2,200 points, Nasdaq enters bear market amid tariff fallout
(lvcandy/Getty Images)(NEW YORK) -- U.S. stocks closed down significantly on Friday after a continued selloff amid fallout from President Donald Trump...
20h ago

Kentucky Bourbon industry caught in middle of global tariff war
Bryan Woolston/Getty Images(NEW YORK) -- The Kentucky bourbon industry said it is reeling from retaliatory actions taken by Canada and the European Un...
Apr 03, 2025

US stocks suffer major losses in 1st trading session after Trump's tariffs announcement
Spencer Platt/Getty Images(NEW YORK) -- U.S. stocks suffered major losses on Thursday at close of the first trading session after President Donald Tru...
Apr 03, 2025

Amazon joins bidding war for TikTok as deadline for sale approaches: Sources
(Karl Tapales/Getty Imag)(NEW YORK) -- With the clock ticking on TikTok's deadline to sell or face a ban in the U.S., the battle to buy the app has in...
Apr 03, 2025

Tesla deliveries drop 13% amid backlash against CEO Elon Musk
Artur Widak/NurPhoto via Getty Images(NEW YORK) -- Deliveries of Elon Musk's Tesla vehicles dropped about 13% compared to a year ago, according to a n...
Apr 02, 2025

World leaders blast Trump tariffs as markets slump
Michael M. Santiago/Getty Images(NEW YORK) -- Foreign stock markets tumbled on Thursday morning following President Donald Trump's announcement of a r...
Apr 02, 2025

Canada vows retaliatory tariffs if Trump escalates trade war: 'We will respond'
Spencer Platt/Getty Images(NEW YORK) -- Canada vowed to respond with retaliatory tariffs if President Donald Trump slaps additional levies on Canadian...
Apr 01, 2025

Stocks slide as Trump's 'Liberation Day' tariffs loom
Spencer Platt/Getty Images(NEW YORK) -- Stocks fell on Monday ahead of the expected introduction of President Donald Trump's sweeping tariffs on Wedne...
Mar 31, 2025

Musk hands out $1M checks after efforts to block the giveaways in court are rejected
Scott Olson/Getty Images(MADISON, WI) -- Just hours after the state Supreme Court rejected Wisconsin Attorney General Josh Kaul's effort to block Elon...
Mar 31, 2025

Inflation held steady in February, according to Fed's preferred gauge
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 pr...
Mar 28, 2025