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The U.S. economy had generally been considered in good shape. By Friday afternoon, some experts were predicting a recession.
President attacks ‘disaster’ Fed chair as his weak jobs report and punishing levies see US dollar slide and global stocks ...
U.S. stocks end lower after Trump ordered a new slate of tariffs and jobs growth slowed more than expected. Amazon drops on cloud disappointment.
Outcomes are hard to predict. But the judges seemed skeptical of the administration's claim that the president has virtually unlimited power to impose tariffs.
Last year, after the unemployment rate climbed quickly in a short period of time and there were similar calls that the central bank was too late to lower rates, the Fed stepped in with a bold, ...
The 11-judge panel noted that the 1977 law the president relied on — the International Emergency Economic Powers Act — did ...
Higher tariffs put in place by the Trump White House this year have started to increase inflation, and these effects are ...
On Thursday, Donald Trump announced sweeping new tariffs against U.S. trading partners that will go into effect next week.