The Trade Deficit Closed Slightly—But Imports Remained Strong Ahead of Tariffs

One day after President Trump’s tariff announcements sent markets tumbling, international trade data reflected an economy grappling with uncertainty, as companies struggled to predict what might come next. The trade deficit declined 6.1% to $122.7...

Contraction in Manufacturing Could Point to a Coming Recession

Manufacturing contracted in March after modest expansion in February, a sign the economy could be heading into a recession or a period of stagflation in response to the Trump administration’s tariffs.The Institute for Supply Management said Tuesday...

Could Trump’s Tariffs Slow AI Growth?

President Donald Trump says he wants the United States to lead the world in artificial intelligence. But the president’s tariffs on raw data center materials could cause American AI to fall behind.  The rapid growth in the AI industry has brought...

Home prices in January hold steady; Trump policy impacts yet to be seen

Home prices nationwide continued to rise in January, signaling a market firmer than expectations — at least until before the recent economic shake-up under President Donald Trump’s new policies. The S&P CoreLogic Case-Shiller Home Price Index,...

Powell states that reciprocal tariffs’ effect will cause high inflation and slow growth, revising previous stance

President Donald Trump's higher-than-expected tariffs will raise inflation and reduce economic growth, the chairman of the Federal Reserve warned Friday, in his first public remarks since Trump’s “Liberation Day” announcements.   That...