Stocks Drop After Hotter Than Expected Inflation Reading
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Stocks Drop After Hotter Than Expected Inflation Reading

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines Stocks on Wall Street slumped at the start of trading on Wednesday, dragged lower by data that showed consumer prices rose more than expected in January, leaving the Federal Reserve little cause to lower interest rates again soon. The S&P 500 fell roughly…

Stocks Drop After Hotter Than Expected Inflation Reading
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Inflation Stayed Sticky in January, Keeping Fed Rate Cuts at Bay

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines U.S. inflation rose to 3 percent in January, strengthening the case for the Federal Reserve to extend a pause on interest rate cuts. The Consumer Price Index unexpectedly ticked higher from a year earlier, data from the Bureau of Labor Statistics showed on…

Trump Softens Tone on Inflation After Pledging to Lower Prices
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Trump Softens Tone on Inflation After Pledging to Lower Prices

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines President Trump promised voters that, if elected, he would enact policies that would bring prices down on “Day 1” in office. But three weeks into his term, Mr. Trump and White House officials have become more measured in how they discuss their efforts…

Trump Names 2 New Top Financial Regulators
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Trump Names 2 New Top Financial Regulators

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines President Trump on Tuesday named two nominees to lead top financial regulators: Jonathan McKernan for director of the Consumer Financial Protection Bureau and Jonathan Gould as the comptroller of the currency. The consumer bureau has been in turmoil for days after Russell Vought,…

Trump Names 2 New Top Financial Regulators
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Trump Names 2 New Top Financial Regulators

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines President Trump on Tuesday named two nominees to lead top financial regulators: Jonathan McKernan for director of the Consumer Financial Protection Bureau and Jonathan Gould as the comptroller of the currency. The consumer bureau has been in turmoil for days after Russell Vought,…

Steel and Aluminum Tariffs May Raise US Manufacturing Costs
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Steel and Aluminum Tariffs May Raise US Manufacturing Costs

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines America has seen this movie before: President Trump, who imposed stiff tariffs on Monday on imported steel and aluminum, did so once before, in 2018. So domestic industries have a pretty good idea of how the story ends. Manufacturers of trucks, appliances and…

U.S. Trade Deficit Hit Record in 2024 as Imports Surged
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U.S. Trade Deficit Hit Record in 2024 as Imports Surged

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines The U.S. trade deficit in goods hit a record last year, as American consumers snapped up imported products and a strong U.S. dollar weighed on export growth. Data released Wednesday morning by the Commerce Department showed that U.S. imports of goods and services…

From Groceries to Cars, Tariffs Could Raise Prices for U.S. Consumers
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From Groceries to Cars, Tariffs Could Raise Prices for U.S. Consumers

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines President Trump’s tariffs target countries that are major suppliers of a wide range of goods to the United States. For American families, the likely result is higher prices nearly everywhere they turn — in grocery aisles, car dealerships, electronics stores and at the…

Here’s What to Know About Trump’s Tariffs
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Here’s What to Know About Trump’s Tariffs

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines President Trump on Saturday signed executive orders imposing sweeping tariffs on the country’s three largest trading partners, a move that risks unleashing a damaging trade war. Trade wars were a feature of Mr. Trump’s first term in the White House, too. But his…