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What tariffs could mean for US workers, consumers and the economy
President Trump’s Wednesday tariff announcement was larger in scope than many businesses and policy analysts were predicting, with the imposition of a 10 percent general tariff on imports to the ...The Hill - 1d -
S&P 500 Has Worst Day Since June 2020 as Trade War Sets Off Slump
The S&P 500 fell almost 5 percent on Thursday, its worst drop since June 2020, as President Trump’s higher-than-expected tariffs set off another round of economic worry.The New York Times - 1d -
Trump sued over China tariffs
President Trump was sued Thursday over the 20 percent tariffs he imposed on Chinese goods in the weeks leading up to Wednesday’s broader announcement. It marks the first known legal challenge ...The Hill - 1d -
US added 228K jobs in March, jobless rate stays flat
The U.S. economy added 228,000 jobs in March and the unemployment rate stayed roughly even at 4.2 percent, according to data released Friday by the Labor Department. The monthly federal jobs report ...The Hill - 20h -
Meet the 23-Year-Old Student Who Raised $25 Million in Democratic Losses
A law student in Florida has a lucrative side gig: fund-raising consultant. His firm earns a 25 percent cut of “profit” from donations, and critics have begun to pile up after two special elections.The New York Times - 17h -
Investors Recoil From Trump’s Pledge to Remake the Global Economy
Stocks hadn’t fallen this far this fast since the early days of the coronavirus pandemic. A 9.1 percent drop in the S&P 500 is the steepest weekly decline since March 2020.The New York Times - 11h -
After Trump Tariffs, Volkswagen to Add ‘Import Fees’ to Cars Sold in U.S.
The company’s move is one of the first and clearest examples of automakers using price increases to deal with the 25 percent tariffs President Trump imposed on car and auto parts imports.The New York Times - 8h -
Walz says he told Harris he 'can be a train wreck'
Gov. Tim Walz (D-Minn.) in a new interview said he warned Vice President Harris that he can be a “train wreck” before joining her presidential campaign. “I said about 90 percent of the time, I can ...The Hill - 3d