Trump’s Tariffs Are Already Straining This Oklahoma Used Car Business
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Trump’s Tariffs Are Already Straining This Oklahoma Used Car Business

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines Antonio Austin spotted the car from 100 yards away — red dirt caked onto tinted windows, the front bumper gone, smoke billowing out from under the hood. “Damn, I hate this car,” he said. He had sold the 2012 Dodge Avenger almost a…

Stock Market on Track to Erases Losses From Trump’s ‘Liberation Day’ Tariff Rollout
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Stock Market on Track to Erases Losses From Trump’s ‘Liberation Day’ Tariff Rollout

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines Stocks were on track on Friday to erase their losses from the days after President Trump’s chaotic rollout of tariffs in early April, bolstered in part by a healthy report on the labor market. The S&P 500 rose 1.6 percent by Friday afternoon,…

U.S. and China Dig In on Trade War, With No Plans for Formal Talks
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U.S. and China Dig In on Trade War, With No Plans for Formal Talks

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines As trade tensions flared between the world’s largest economies, communication between the United States and China has been so shaky that the two superpowers cannot even agree on whether they are talking at all. At a White House economic briefing this week, Treasury…

Solid Jobs Report Reinforces Fed’s Patient Approach to Interest Rate Cuts
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Solid Jobs Report Reinforces Fed’s Patient Approach to Interest Rate Cuts

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines A solid labor market has for months given the Federal Reserve comfort that it could hold off on interest rate cuts until it had more clarity about how President Trump’s policies would impact the economy. New data released on Friday reinforced that patient…

Trump Tariffs and Shrinking GDP Raise Political Stakes
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Trump Tariffs and Shrinking GDP Raise Political Stakes

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines President Trump took office 101 days ago after a campaign in which voters bought his argument that he could skillfully manage the economy and that his policy prescriptions could both bolster growth and eradicate inflation. So the news on Wednesday that the nation’s…

U.S. Economy Shrank in First Quarter, in Reading Clouded by Messy Trade Data
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U.S. Economy Shrank in First Quarter, in Reading Clouded by Messy Trade Data

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines President Trump’s tariffs have roiled financial markets and upended global trading patterns. Now they are disrupting measures of economic growth as well. U.S. gross domestic product, adjusted for inflation, declined at an 0.3 percent annual rate in the first three months of the…

Trump Marks 100 Days by Vilifying Migrants and Attacking Opponents
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Trump Marks 100 Days by Vilifying Migrants and Attacking Opponents

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines President Trump marked the first 100 days of his second term on Tuesday at a rally in Michigan in which he celebrated his border crackdown and boasted of the retribution he has carried out against his perceived enemies and his opponents’ inability to…

Trump Signs Executive Order Walking Back Some Auto Tariffs
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Trump Signs Executive Order Walking Back Some Auto Tariffs

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines President Trump signed a pair of executive orders on Tuesday that walked back some tariffs for carmakers, removing levies that Ford, General Motors and others have complained would backfire on U.S. manufacturing by raising the cost of production and squeezing their profits. The…

G.M. Withdraws Profit Forecast as Trump Tariffs Take a Toll
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G.M. Withdraws Profit Forecast as Trump Tariffs Take a Toll

#news #newstoday #topnews #newsupdates #trendingnews #topstories #headlines General Motors is abandoning a previous forecast for solid profit growth this year as a result of the uncertainty created by President Trump’s trade policies, the automaker said on Tuesday. The Trump administration imposed a 25 percent tariffs on imported cars this month…