Business
The economic outlook is uncertain, largely because of Trump’s policies — huge taxes on imports and purges of federal workers.
U.S. stocks rallied further as better-than-expected profits for U.S. companies piled up, though CEOs say they’re unsure whether it will last.
Wall Street weakened as investors worldwide get more skeptical about U.S. investments because of Trump’s trade war and his criticism of the Federal Reserve.
China has reported its exports jumped 12.4% in March from a year earlier as companies rushed to beat increases in U.S. tariffs imposed by U.S. President Donald Trump.
WHAT'S HAPPENING
Japan’s benchmark Nikkei 225 jumped 9.1% as investors welcomed the U.S. president's decision to put his sharp tariff hikes on hold for 90 days.
U.S. stocks soared to one of their best days in history on a euphoric Wall Street Wednesday after Trump said he would back off on most of his tariffs temporarily.
U.S. Stocks Drop After Another Stunning Day Of Reversals As Uncertainty Reigns About Trump's Tariffs
The S&P 500 fell 1.6% Tuesday after wiping out an early gain of 4.1%, which had it on track for its best day in years.
Trump said he won’t back down on his sweeping tariffs on imports from most of the world unless countries even out their trade with the U.S.
It also is a warning that the company’s first-quarter earnings report later this month could disappoint investors.
The online retailer increased its anti-union spending significantly in 2024 as it faced organizing efforts from the Teamsters and other groups.