The economic fallout from President Donald Trump’s tariff agenda hasn’t yet taken a toll on most American consumers. That changes on Friday. Trump’s decision to eliminate a special exemption that allows products from mainland China and Hong Kong ...

World shares and U.S. futures slipped Thursday after U.S. stocks drifted to a mixed close on Wall Street. Oil prices fell about $2 a barrel. China moved to reverse some of its “non-tariff” measures against the U.S. as agreed with Washington in their temporary trade war cease-fire and most markets traded in a narrow range.

Walmart ( WMT) posted a mixed quarterly print on Wednesday morning.

But as Benson sees it, Trump’s tariffs are the US’s best chance to reverse the ... There are already signs that the tariffs are weighing on the US economy in ways that could hurt Wall Street and working class Americans like Benson.

Stocks drifted to a mixed close on Wall Street, holding on to most of the gains they made earlier in the week after the U.S. and China declared a temporary cease-fire in their trade war.

Stocks didn't just stumble—they cratered. From April 3 to April 8, the S&P 500 slid 12%, the Nasdaq Composite dropped 13%, and the Dow Jones Industrial Average fell 11% as investors digested President Donald Trump's sweeping "Liberation Day" tariffs.

Barclays went so far as to say it no longer expects a recession at all in 2025 after a gloomy prediction following Trump’s ‘Liberation Day’

U.S. stocks rose following an encouraging report that showed inflation unexpectedly slowed across the country last month.