Trump, Fed and labor market
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Trump, EU
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The S&P 500 will finish the year near current levels, according to a Reuters poll, after many strategists in recent months cut their 2025 forecast for the index over uncertainty surrounding U.S. President Donald Trump's tariffs.
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Irish Star on MSNDonald Trump's tariff strategy questioned by CNN as Americans doubt the President's plansCNN has left Donald Trump red-faced by unveiling startling figures that paint a grim picture of how Americans view the President's tariff strategies. On Sunday, Trump announced a postponement in slapping a 50 percent tariff on European Union goods,
Fed officials agreed earlier this month to hold off on any interest-rate moves while they evaluated the impact of Trump's tariffs.
New orders for key U.S.-manufactured capital goods plunged by the most in six months in April amid mounting uncertainty over the economy because of tariffs, suggesting business spending on equipment weakened at the start of the second quarter.
CNN’s chief data analyst Harry Enten used a simple but telling gesture Tuesday to illustrate the chaos surrounding Donald Trump’s on-again, off-again tariff policy. And it got a big laugh from the studio.
Vollye after volley of new tariffs from U.S. President Donald Trump have plunged the country into trade wars abroad — all while on-again, off-again new levies continue to escalate uncertainty.
President Trump has delayed the start of his 50% tariffs on the European Union until July 9th. NBC News' Yamiche Alcindor reports more. Axios Senior Economics Reporter Courtenay Brown and Bloomberg White House Correspondent Akayla Gardner join Katy Tur to share their analysis.
Department store chains have consistently lost market share, and competition will likely intensify this year with inflation expected to jump.